With an “Armenia wassup!” and rakish shimmy, Floridian pop sensation Jason Derulo opened the 2024 World Congress on Innovation & Technology (WCIT) in Yerevan on Oct. 4. “The biggest party in …
Kuwait Considers Replacing Head of $1 Trillion Wealth Fund KIA
Al-Ghenaiman, who is 65 and at retirement age according to the law, was appointed to the Kuwait Investment Authority in 2021 for … The KIA is ultimately overseen by the Kuwaiti finance minister.
Number of tourists from Russia to Armenia decreased by 21.6%
Armenian Finance Minister Vahe Hovhannisyan added that the flow of tourists from Georgia, India, Iran, and China increased by 8.4% YEREVAN, October 28. /TASS/. The number of tourists arriving in …
Sri Lanka central bank’s net reserves brought to almost zero by Sept 24
Net foreign assets of the Sri Lanka’s central bank have been brought to almost zero by September 2024, through consistent deflationary open market operations after rates were hiked in April 2022.
Debt-saddled Laos struggles to tame rampant inflation
Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households are resorting to foraging.
Visitors from ten countries, regions in Southeast Asia and Europe can scan and pay in Nepal
The service launch was announced on November 6 at the global premier financial services platform, Singapore Fintech Festival 2024.
China should not wait to stimulate its economy
What will China do to respond to inadequate demand, an ailing property market and persistent deflation? It is, apparently, too early to say. The legislators did unveil a plan to refinance the implicit …
World Bank Report Urges Armenia to Prioritize Climate Action for Energy Security
Armenia is particularly vulnerable to climate-driven risks like floods, droughts, and landslides, which are expected to escalate without intervention.
India’s Growing Defence Exports: Akash Missile System for Armenia and Beyond
India exports the indigenous Akash Air Defence Missile system, marking a major step in its “Make for the World” initiative and global defence ambitions.
Trafigura warns of potential $1.1 billion hit from fraud in Mongolia
Global commodity trader Trafigura expects to set aside a $1.1 billion provision against misconduct by individuals in its Mongolian petroleum products supply business after an internal review, it said …