Tag #Global Finance

Showing 1 to 12 of 286 results

elpais.com
🌐 90% Global Worthiness
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The Geoeconomic Summer of 2024: US Dominance and the Price of Interdependence

The summer of 2024 witnessed the signing of numerous asymmetric trade agreements, highlighting the cost of economic interdependence for US allies, particularly Europe, as the US leveraged its economic power for geopolitical advantage.

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Remittances: A $860 Billion Battleground Reshaping Global Finance

In 2024, $860 billion in remittances flowed to low- and middle-income countries, exceeding foreign direct investment and aid, but high fees—averaging 6%—and competition among traditional operators, fintechs, crypto firms, and governments are transforming this sector.

Progress

20% Bias Score

No Poverty
theglobeandmail.com
🌐 85% Global Worthiness
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Desjardins to Acquire Guardian Capital for \$1.67 Billion

Desjardins Group is acquiring Guardian Capital Group for \$1.67 billion, creating a combined entity with over \$280 billion in assets under management and a strengthened presence in the U.S. private market, expected to close in early 2026.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Wall Street Rallies on Powell's Rate Cut Hint

Following Federal Reserve Chairman Jerome Powell's hint at potential interest rate cuts on Friday, Wall Street rallied to its best day in months, with the S&P 500 up 1.5 percent and the Dow Jones soaring 846 points, while the Australian sharemarket is also expected to rise.

Progress

48% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 85% Global Worthiness
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Turkey's Economic Costs Exceed $200 Billion, Claims CHP MP

CHP Istanbul MP Özgür Karabat claims Turkey's KKM scheme, interest payments, and post-March 19th reserve losses cost over $200 billion, accusing the AKP government of causing trillions of dollars in damage through economic mismanagement and wealth transfer, impacting the poor disproportionately.

Progress

64% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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James Hardie's \$10 Billion Market Crash Amidst US Housing Slump

James Hardie, an Australian building products group, suffered a \$10 billion market valuation loss due to weak US housing market conditions and poor financial decisions, including a \$14 billion Azek acquisition without investor approval, resulting in decreased earnings and investor distrust.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 90% Global Worthiness
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Fintech Reshapes Global Sanctions Landscape

Despite unprecedented US sanctions against Russia, hundreds of billions of dollars in cross-border trade persisted due to digital finance innovations, alternative payment rails, and the resilience of global financial networks.

Progress

20% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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US Sanctions on Russia: Limited Impact Due to Reluctance to Target Major Global Banks

The US uses economic sanctions, primarily through the control of the US dollar and the SWIFT payment system, to punish countries; however, Russia's continued aggression in Ukraine despite sanctions highlights limitations, particularly the reluctance to sanction large financial institutions in China ...

Progress

36% Bias Score

Reduced Inequality
nrc.nl
🌐 85% Global Worthiness
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Trump's Attempt to Remove Fed Governor Raises Concerns About Central Bank Independence

President Trump announced the effective dismissal of Federal Reserve Governor Lisa Cook, sparking concerns about the Fed's independence and potentially influencing monetary policy; this action follows Trump's repeated calls for lower interest rates, which Fed Chair Jerome Powell has resisted.

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
cincodias.elpais.com
🌐 85% Global Worthiness
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Market Volatility Drives Shift to Flexible Funds and Alternative Assets

Facing persistent inflation, high debt, geopolitical tensions, and protectionism, investors are shifting to flexible funds and alternative assets like private equity, private debt, and gold, as traditional strategies are challenged, with firms like Dunas Capital prioritizing capital preservation.

Progress

32% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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AI Market Downturn Prompts Investor Concerns

Investors are reacting to a series of stumbles in the AI sector, prompting a reassessment of investment strategies and a potential market correction, impacting major players like Nvidia, Microsoft, and Palantir, and influenced by factors beyond the tech sector like Federal Reserve policies.

Progress

64% Bias Score

Reduced Inequality
forbes.com
🌐 90% Global Worthiness
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China Explores Yuan-Backed Stablecoins to Challenge Dollar Dominance

China is considering launching yuan-backed stablecoins, potentially in Hong Kong and Shanghai, to increase the renminbi's global influence and compete with dollar-dominated digital finance, driven by the growing use of dollar-pegged stablecoins and lobbying from Chinese tech giants.

Progress

40% Bias Score

Reduced Inequality

Showing 1 to 12 of 286 results