The European Union is at a critical crossroads, facing the threat of economic stagnation and a “slow and agonising decline,” according to a stark report by Mario Draghi, the former Italian prime minister and ex-president of the European Central Bank…. Read More ›
Day: September 10, 2024
China’s Export Growth Outpaces Expectations Amid Sluggish Import Numbers
China’s exports surged by 8.7% year-on-year in August, surpassing the expected 6.5% growth forecasted by analysts, as the country continues to rely heavily on international demand to sustain its economic momentum. Despite ongoing global challenges and trade tensions, the growth… Read More ›
Rise In Cryptocurrency Scams Drives $5.6 Billion In Losses In 2023
Losses from cryptocurrency-related fraud surged by 45% in 2023, reaching over $5.6 billion, as scammers increasingly exploited the rapid and irreversible nature of digital asset transactions. The U.S. Federal Bureau of Investigation (FBI) reported on Monday that the rise in… Read More ›