World Bank is urging debt relief
Date: October 11, 2023 Category: News
The World Bank's new president, Ajay Banga, is urging swift action in providing debt relief.
During a press conference at the Bank's annual meeting in Marrakech, he emphasized the need for expedi...
G-24 calls for debt relief for developing countries
Date: October 11, 2023 Category:The G-24, a group of 28 member countries including China, is strongly advocating for sustainable debt relief measures for low-income nations due to their concerns over escalating, unsustainable public...
Zimbabwe introduces a new gold-backed digital currency
Date: October 9, 2023 Category:
Zimbabwe has unveiled a groundbreaking digital currency called 'Zimbabwe Gold' (ZiG), backed by gold in milligrams.
This move is part of the country's de-dollarization strategy and efforts to com...
The appeal of safe haven assets to increase
Date: October 8, 2023 Category: News
Escalating tensions in Israel often lead to investors seeking refuge in safe-haven assets.
This is because they closely monitor Middle East events for potential geopolitical risks that could impa...
Brazil is pushing to reform the World Bank and the IMF
Date: October 5, 2023 Category: News
Brazil's G20 presidency is focused on leveraging its influence to drive essential reforms within the IMF and the World Bank.
The nation aims to enhance the representation of emerging economies, i...
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