Laos has experienced a frightening debt crisis in recent years, which has sparked concerns about the tiny country’s debt to China, its largest creditor. In late 2013, China emerged as the biggest foreign investor in Laos, and ever since, its… Read More ›
Strategy
Dollarization May Be More Effective for Argentina on YouTube Than in Real Life
The eagerness of Argentines to accept change was demonstrated by Javier Milei’s triumph over Economy Minister Sergio Massa in Sunday’s presidential election. The economy is in complete collapse, and the rate of inflation is 143%. The outsider Milei rose to… Read More ›
A Brazil Central Bank Study Shows Working From Home May Be Easing The Nation’s Inflation
According to a research published recently by the Bank for International Settlements (BIS) and signed by senior central bank officials, home working in Brazil may be reducing wage pressure in an otherwise robust labour market. Despite a rise in employment,… Read More ›
Germany And Chile Are Starting A Club To Assist Developing Countries In Reducing Emissions From Industry
At the COP28 climate summit next week, Germany and Chile intend to establish a club of states to assist developing countries in investing in decarbonizing businesses including steel and cement-making, according to reports in the media based on information from… Read More ›
The Cheapest Holiday Gift Season In Years Is Expected For US Consumers
Retail executives, federal pricing data, and an exclusive analysis of early Black Friday discounts all point to the cheapest holiday shopping period in years for TVs, dresses, toys, and sporting goods. The battleground for retailers this U.S. holiday season is… Read More ›
Nissan Will Invest $1.4 Billion To Produce Two New Electric Vehicle Models In Britain
With a prime minister eager to draw in foreign capital, Nissan announced on Friday that it would invest 1.12 billion pounds ($1.4 billion) in its British plant to produce electric versions of two models. This news would come as a… Read More ›
October Saw A Rise In Worldwide Smartphone Sales After More Than Two Years Of Declines
According to data from Counterpoint Research, global smartphone sales increased in October after falling for 27 straight months in the previous year. This increase was mostly driven by emerging market recovery. The research states that in October, sell-through transactions, or… Read More ›
Greek Ships Stop Trading In Russian Oil As The US Intensifies Its Oversight Of Price Caps
Three significant Greek shipping companies have ceased transporting Russian oil in recent weeks in order to evade the U.S. penalties now placed on certain shipping companies who do so, according to four merchants who spoke to Reuters and shipping statistics…. Read More ›
British Black Friday Buyers Look For Deals By Purchasing Used Goods
Retailers and manufacturers predict an increasing number of British consumers will be searching for refurbished and pre-owned deals to save money and buy more responsibly as Black Friday ushers in the holiday shopping season. Second-hand vendors, such as eBay Inc…. Read More ›
At COP28, US And France Want To Forbid Private Financing Of Coal-Fired Power Facilities: Reuters
Three sources involved with the discussions told Reuters in India and Europe that France, supported by the United States, intends to seek a halt to private funding for coal-based power facilities during the U.N. climate conference later this month. India… Read More ›