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According to World Bank estimates, remittances to low- and middle-income countries reached $685 billion in 2024, up from $647 billion in 2023. With remittances...
It seems as though China’s imports of sanctioned oil are rebounding amid trade tensions with the US. Immediately after Shandong’s shipping ban and the...
Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported sentiments. A weaker US...
The USD/THB exchange rate has been in a strong downward trend this year, making the Thailand baht one of the best-performing currencies in the...
Billionaire Elon Musk has launched a bold initiative, promising to give away $1 million each day until the November 2024 election to individuals who...
China has reduced its benchmark lending rates in an effort to stimulate economic growth and address a struggling housing market. The one-year loan prime...
With nearly $10 billion worth of investments being pulled out, October has emerged as the worst month on record for Foreign Institutional Investors (FIIs)...
The Central Bank of the United Arab Emirates (CBUAE) has granted preliminary approval to AED Stablecoin, bringing the project a step closer to becoming...
A group of US lawmakers, including Congressman John Moolenaar, Senator Marco Rubio, and Senator Joni Ernst, have called for an investigation into McKinsey &...
Chancellor Rachel Reeves is preparing for one of the most significant UK budget presentations in years, facing the challenge of closing a £40 billion...
A recent report from the World Bank highlights a pressing global issue: 8.5% of the world’s population—approximately 700 million people—live in extreme poverty, defined...
The Bank of Canada (BoC) is at a crossroads as it prepares for a pivotal decision next week regarding interest rates, with market expectations...
China’s economy grew 4.6% year-on-year in the third quarter, slightly exceeding the 4.5% forecasted by economists polled by Reuters. However, the growth was marginally...