This view is consistent with the World Bank and International Monetary Fund (IMF) which forecast a further slowdown in China's GDP in 2024.
Former NATO commander reckons that China won’t be ready for a war with the US ‘for about 10 years’
"If we ended up in a war with China, it wouldn't be just the US and China," James Stavridis said, adding that US allies would come to its aid.
Cyprus firm investigated for money laundering denies Prigozhin ties
A Cypriot brokerage firm caught up in an investigation by French prosecutors probing financial transfers possibly tied to Yevgeny Prigozhin on Wednesday denied it had ever had direct relations with ...
Singapore household electricity, gas bills to continue climb as tariffs rise in Q1 2024
HOUSEHOLD bills for electricity and gas are set to rise in the coming year following an increase in tariffs announced by the Energy Market Authority (EMA) on Friday (Dec 29). Read more at The Business ...
Why did Lebanon currency collapse?
Lebanon’s currency collapse is a significant event that has drawn global attention due to its impact on the country’s economy and the daily lives of its citizens. Understanding the reasons behind this ...
Kyrgyzstan Raises $1m from Crypto Mining Taxes in 2023
Kyrgyzstan is quietly becoming a force in crypto mining, with its government set to raise over $1 million this year from taxing the industry.
Laos Updates The Law On Commercial Banks.
Laos Updates The Law On Commercial Banks. Legal News and Analysis - Laos - Banking & Finance, Regulatory & Compliance - ...
AIFC Emerges as Central Asia’s Financial Powerhouse, Leading Global Rankings in 2023
Assets under management in the AIFC grew by 82%, reaching a record level of $1 billion from $585 million at the beginning of 2023. The number of registered funds increased from 20 to 37 during the ...
U.S. sanctions money network tied to Yemen’s Houthi rebels blamed for Red Sea shipping attacks
Included in the sanctions are the head of a financial intermediary in Sana’a, Yemen, along with three exchange houses in Yemen and Turkey.
Afghanistan’s humanitarian crisis deepens amid economic downturn: UNICEF
The report highlights that the economic downturn has led to an increased demand for humanitarian aid in Afghanistan.