After Saudi Arabia closed its land border with Qatar and at least five Gulf-based airlines announced they will halt service to the desert peninsula nation, the rift between Qatar and other Arab nations intensified Monday. Saudi Arabia has developed a “Sunni coalition” in… Read More ›
Amid continued interest in the digital asset space and increased trade from Asia, ethereum, an alternative cryptocurrency to bitcoin, hit a fresh record high on Sunday. According to data from industry website CoinDesk, ethereum traded at an all-time high of $250.41… Read More ›
Pointing to Doha’s ties to terrorism and the need to maintain national security, Saudi Arabia and three other nations broke diplomatic relations with Gulf Arab state Qatar on Monday. While the United Arab Emirates, Bahrain and Egypt cut ties with Doha on Monday, Riyadh… Read More ›
Big money investors, such as Singapore wealth fund Temasek, said they’re continuing to go green even though U.S. President Donald Trump pulled out of the Paris climate change deal. Going green was just good business, said Robin Hu, head of the sustainability… Read More ›
Devastating displays of a world at odds are recent attacks in Manchester, Paris, Kabul and more. There is one thing the world can largely seem to agree on: the world is getting worse despite increased political and economic polarization. The fact that… Read More ›
The governor of the Russian central bank has suggested that more cuts could come as it closely monitors inflation and fluctuations in the oil markets even though Russians may have witnessed national interest rates on a steep path lower in… Read More ›
In response to pressure from the European Union to do more to tackle the issue, both the speed and number of removals of hate speech on their platforms have been sped up by social media companies like Facebook, Twitter and… Read More ›
For breaches relating to the scandal-hit Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB), Singapore’s central bank has fined Credit Suisse and United Overseas Bank (UOB), it said in a statement on Tuesday. A 700,000 Singapore dollars ($505,000) fine on Credit Suisse and a 900,000 Singapore… Read More ›
The two faces of the country’s economy were underlined in a report on the socioeconomic situation in Israel published on Sunday. Underlying issues, including persistent high poverty levels and inequality may, if not addressed, negatively affect economic growth, which stood… Read More ›
Even after a brutal selloff last week, the worst is yet to come for Brazil’s stock market, according to some investors. Efforts to reform Brazil’s pension system, moves aimed at cutting public debt and boosting economic growth could be derailed… Read More ›
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