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Day: September 21, 2023

Hong Kong Says It Calls the Shots, Not Beijing. Investors Are Wary.

Its close ties to Beijing are putting the city, still an international financial hub, in a bind as it lures Western investors to revive its economy.Read More

Darfur’s New Generation, Once Full of Promise, Now Suffers ‘Fire of War’

In a region with a history of genocide, weeks of intense fighting between rival military factions in South Darfur have left hundreds dead and sent thousands fleeing.Read More

U.S. Hopes to Tackle Migrant Crisis With Processing Centers in Latin America

By opening migration processing centers in three Latin American countries, the Biden administration is trying to coax people not to make a harrowing trek to the border.Read More

In Washington Visit, Zelensky Will Try to Shore Up Critical Support

President Volodymyr Zelensky will meet with President Biden and members of Congress as a growing number of Republicans oppose further assistance for Ukraine.Read More

UK Banks are ‘Inherently Misaligned’ With Customer Needs as Saving Interest Rates Remain Stagnant

Recent interest rate hikes by the Bank of England mean that it now stands at 5.25 per cent. While mortgage and loan interest rates have risen accordingly, costing UK residents more money, most UK banks have been slow to up their savings account rates to the same degree (if at all). Smart money app Plum […]

Tesla Giga Texas Production Pause Ahead? Analyst Explains Why Investors Shouldn’t Panic

Tesla, Inc. (NASDAQ:TSLA) approaches the quarter-end when it typically goes for an all-out push, but this time around the electric vehicle giant may be stymied by a pause in production at its Giga Texas factory. What Happened: Tesla’s Model Y and Cybertruck production at its Giga Texas factory is likely to be paused until the […]

Azerbaijan Reclaims Armenian Enclave, Shifting Region’s Political Dynamics

Pro-Armenian leaders in the breakaway region of Nagorno-Karabakh appeared to have surrendered to Azerbaijan’s demands.Read More

Russia Strikes Cities Across Ukraine in Overnight Attack

Civilians rushed to shelters in Lviv, in far western Ukraine, and Kyiv, where at least seven people were hurt.Read More

Dubai Ready to Capitalise on Projected 17.2% Global Growth of Fintech Investment, Says DIFC

Investment in fintech is projected to grow by 17.2 per cent CAGR to $949billion from 2022 to 2030 and is accelerating the pace of fintech innovation globally.  The projections come from a report issued by the Dubai International Financial Centre (DIFC), the financial centre in the Middle East, Africa, and South Asia (MEASA) region, titled […]

Tether Is Lending Its Stablecoins Again

The cryptocurrency issuer had said it would cut loans to zero in 2023.Read More

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