US on the brink of financial disaster, expert says
In the US, for the first time in almost 3 decades, military expenditures have equaled interest costs. And next year it is almost certain that interest payments will exceed defense…
One depicts the water level on 9th of September, 2020, and the other on 4th of September, 2023
This is a trans-national catastrophe that will inflict severe damage on Sudan and Egypt respectively, immediate corrective action is required to solve this, as the Ethiopians are not interested in…
China keeps up efforts to attract investors
China will make it easier for insurance companies to invest in domestic stocks, the latest in a string of measures aimed at bolstering market sentiment. China’s National Administration of Financial…
US government to face shutdown?
A potential US government shutdown at the end of September could heighten concerns about the economy later in the year and beyond, investors said. Current funding for most government programs…
Bank of China opens branch in Saudi Arabia
Bank of China (BOC), one of China’s four largest state-owned commercial banks, has opened its first branch in Riyadh, the capital of Saudi Arabia, to expand the use of the…
EU wants to tax Russian assets
European Union officials will begin meetings with member states this week to outline the bloc’s plan to impose a tax on profits from more than €200 billion ($215 billion) of…