USD/INR is making gains on Thursday on a stronger US dollar as we count down to a slew of crucial economic data releases from the United States. Later today, we have not one, but five potential market-moving data points. Kicking off proceedings is the minutes of July’s Federal Open Market Committee (FOMC) meeting. Here we […]
On Friday, US President Joe Biden’s administration denied the upcoming visit by Chinese President Xi Jinping to Saudi Arabia indicated the US’s waning influence in the Middle East. US is not going anywhere Tim Lenderking, US special envoy for Yemen, told CNBC diplomatic visits by other global powers were anticipated, but this didn’t mean the […]
Living in states with no income tax can help reduce the cost of living for people throughout the US. The lowest tax states are some of the most popular in America, as most people are constantly searching for ways to reduce their tax burden. Currently, there are only 7 states without a state income tax […]
The 11th NextGen Payment & RegTech Forum is set to take place on 21-22 September 2022 in Athens, Greece! The 11th NextGen Payments and RegTech Forum is an inspirational gathering connecting leading decision-makers from across the entire Payments and RegTech community, delivering optimum benefit through premium content and bespoke networking opportunities. High-achieving specialists will inspire […]
NATO announced its first emissions reduction goal on Tuesday, promising to recognize the urgency of climate issues. NATO chief Jens Stoltenberg pledged the military alliance would reach net zero emissions by 2050 and reduce them by around half in 8 years, CNBC wrote. Stoltenberg said: If we fail to preserve peace, we also fail to […]
The US will pay a high economic cost for the federal abortion ban, economists told CNN. On Friday, the Supreme Court ruled to end the federal constitutional right to an abortion in a move widely believed to be politically and ideologically motivated. Increased need of government support The decision will affect economic output and the […]
Russia has defaulted on foreign debt for the first time in over a century. Last night, a grace period on two international bond payments expired. Interest on these was $100 million and the payment itself was due a month ago, CNBC wrote. Russia was unable to pay in rubles due to international sanctions, and bondholders […]
The world’s youngest billionaires are shaping the future of investing and entrepreneurship. These stars are getting younger and younger, being under 30 years. The young moguls have already built up a fortune worth billions, making them some of the world’s richest people. There are 12 billionaires under the age of 30 on Forbes’ 2022 list […]
In just a few years, Uber has become one of the most valuable startups in the world by disrupting the taxi industry. Although it started as a simple app connecting riders and drivers, it has since expanded into other areas like food delivery and self-driving cars. But despite its growth, the premier taxi-hailing firm is […]
Global wealth shot up to new levels of $530 trillion in 2021. A MoneyTransfers data presentation revealed a 10.6% increase from 2020 when it was $479 trillion. The value represents the most significant yearly rate in the past decade. MoneyTransfers’s CEO Jonathan Merry said this about the report: “We can attribute the rise to robust […]