UAE banks limit business with Russia and Russian clients
Banks in the United Arab Emirates (UAE) have restricted their dealings with Russia and started closing both personal and business accounts due to the...
Cambodia Can Go from Spending More to Spending Better
Cambodia can do more to translate increased public spending on social services sectors into stronger health and education outcomes, a World Bank review of...
Forbes: Layoffs hit 10-month high as financial and tech companies slash jobs
January was one of the largest months for layoffs in almost 15 years, a new report by Challenger, Gray & Christmas said, as more...
The BRICS Wealth report: Challenging the Global economic order
The total investable wealth currently held in the BRICS bloc amounts to USD 45 trillion and its millionaire population is expected to rise by...
Asia’s commercial heft helps keep Russia’s war economy going
Following Vladimir Putin’s war in Ukraine two years ago, more than three dozen countries, led by the West, slapped economic sanctions on Russia. They...
Egypt Talks on IMF-Led Deal Go on With $10 Billion on Table
Bloomberg's news report by Mirette Magdy indicated that an International Monetary Fund mission to Egypt has extended its visit until the end of the...
Reducing Electricity and Telecommunications Costs in Djibouti Could Boost Growth and Add Jobs
Djibouti has achieved remarkable economic growth over the past two decades, driven by strategic infrastructure investments, its advantageous location, and political stability in a...
EU climate chief rebuts business fears that green policies hit competitiveness
The EU’s climate chief has warned the bloc must not be lured into a “false narrative” that action against global warming is undermining the...
IMEC: US-led plan aimed to link India, Europe is in doubt
A far-reaching plan to channel Europe-Asia trade through the Middle East is at risk of stalling before it even gets started, notes Bloomberg.
The Israel-Hamas...
A dry Panama Canal slows down the Globalization
Global shipping companies excited by the potential new routes that climate change and melting ice are opening up around the North Pole have gotten...