As the November 5 U.S. presidential election approaches, the tension surrounding the U.S.-China tech conflict is poised to intensify, regardless of whether Republican Donald Trump or Democrat Vice President Kamala Harris emerges victorious. Both candidates have articulated their commitment to… Read More ›
Month: October 2024
Navigating the Liquidity Crisis: Strategies for Emerging Economies in a Shifting Financial Landscape
As global economies emerge from the fallout of the COVID-19 pandemic, a new challenge has taken center stage: a perilous liquidity crisis affecting numerous developing nations. While countries like Ghana, Sri Lanka, and Zambia have navigated the treacherous waters of… Read More ›
Global Economic Strategies Amidst Geopolitical Uncertainty
This week, over 10,000 finance ministers, central bank officials, and representatives from civil society will convene in Washington. They will gather for the annual meetings of the International Monetary Fund (IMF) and the World Bank. The agenda will encompass critical… Read More ›
Why The ECB Is Cutting Interest Rates: A Strategic Shift Amid Global Economic Challenges
The European Central Bank (ECB) has made a significant decision by cutting interest rates for the third time this year, signaling a major shift in its focus from combating inflation to prioritizing economic growth. The eurozone, plagued by slow growth… Read More ›
IMF Urges China To Shift To Consumer-Driven Growth To Avoid Economic Slowdown
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has called for China to make a crucial economic transition away from its long-standing export-driven model. In an interview with Reuters, Georgieva warned that unless China shifts towards a consumer-driven economy, it… Read More ›
Corporate Tax Havens: A Call for Reform and Transparency
As discussions around tax reform and corporate accountability gain momentum globally, recent findings from the Tax Justice Network (TJN) have unveiled a troubling reality regarding corporate tax abuse. The British Overseas Territories, particularly the British Virgin Islands (BVI), the Cayman… Read More ›
Asian Bond Markets Attract Steady Inflows Despite Us Rate Hike Fears
Asian bond markets continued to draw international investments for the fifth consecutive month in September, though the inflows showed signs of slowing amid concerns about the U.S. Federal Reserve’s future rate-cut decisions and caution surrounding upcoming U.S. elections. Sustained Inflows… Read More ›
FTC Enforces ‘Click To Cancel’ Rule: Simplifying Subscription Cancellations Amid Rising Consumer Complaints
In a move aimed at protecting consumers from misleading subscription practices, the U.S. Federal Trade Commission (FTC) has adopted a final rule requiring businesses to make subscription and membership cancellations as simple as the sign-up process. This “click to cancel”… Read More ›
Electric Vehicle Sales Surge Amid Global Competition: Insights From Rho Motion
Global sales of fully electric and plug-in hybrid vehicles experienced a remarkable surge of 30.5% year-on-year in September, signaling a robust recovery in the electric vehicle (EV) market. According to market research firm Rho Motion, the trend was largely driven… Read More ›
AI Compliance Challenges: A Closer Look At European Regulations And Industry Responses
Recent assessments indicate that many prominent artificial intelligence (AI) models may not meet the stringent requirements set forth by upcoming European Union (EU) regulations, particularly regarding cybersecurity resilience and the potential for discriminatory outputs. This raises significant concerns about the… Read More ›