Post-2014 sanctions against Russia prompted the development of the Mir system, which saw heightened use after 2022 when Visa and Mastercard withdrew from the country. The system’s increased …
Armenian Financial Institutions Set to Halt Russian Mir Card Transactions
Post-2014 sanctions against Russia prompted the development of the Mir system, which saw heightened use after 2022 when Visa and Mastercard withdrew from the country. The system’s increased …
Armenia to stop servicing Russia’s Mir payment cards by April
Armenia’s central bank said on Tuesday commercial banks could decide independently which payment services they should cooperate with. A financial market source told Reuters that Armenian banks were …
Derwent Investments Provides Insight into Singapore’s Budget 2023 and its Impact on the Investment Landscape
Following the recent announcement of Singapore’s Budget 2023, Derwent Investments, a leading wealth management company based in Singapore, has offered insights into the fiscal policies and their …
Turkmenistan reports size of national currency deposits accumulated by banks
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Lebanon faces poverty trap as the elite ‘sabotage’ third recovery plan
They say the third time’s a charm. That is not proving to be the case for the third version of Lebanon’s long-anticipated government economic recovery plan, aimed at addressing the country’s financial …
UPDATE 2-Saudi Arabia plans $40 bln push into artificial intelligence, NYT reports
(Adds details in paragraphs 5-6, background in paragraphs 8-9) March 19 (Reuters) – Saudi Arabia’s government plans to create a fund of about $40 billion to invest in artificial intelligence, the New …
UPDATE 2-Saudi Arabia plans $40 bln push into artificial intelligence, NYT reports
(Adds details in paragraphs 5-6, background in paragraphs 8-9) March 19 (Reuters) – Saudi Arabia’s government plans to create a fund of about $40 billion to invest in artificial intelligence, the New …
Saudi Arabia Plans $40 Billion Push Into Artificial Intelligence
The Middle Eastern country is creating a gigantic fund to invest in A.I. technology, potentially becoming the largest player in the hot market.
Japan’s Trillion Dollar Pension Fund Considers Bitcoin For Diversification
Japan’s Government Pension Investment Fund, one of the world’s largest pension portfolios, has recently shown interest in exploring bitcoin.