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Can remittances uplift economies, or are they a double-edged sword?

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...

18 hours ago

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How China’s sanctioned oil imports are rebounding despite global pressure

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...

18 hours ago

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Morning bid: Yen’s big week begins

A look at the day ahead in European and global markets from Tom Westbrook Tokyo traders returned on Tuesday from a three-day holiday weekend,...

September 17, 2024
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