Tag #International Finance

Showing 1 to 12 of 73 results

mk.ru
🌐 85% Global Worthiness
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Shanghai Cooperation Organisation (SCO) Challenges US Dollar Dominance

The Shanghai Cooperation Organisation (SCO) aims to create a new financial system to reduce reliance on the US dollar, drawing on past examples like the Council for Mutual Economic Assistance (CMEA) system.

Progress

56% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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EU Transfers €10.1 Billion from Frozen Russian Assets to Ukraine

The European Union transferred €10.1 billion from frozen Russian Central Bank assets to Ukraine in the first half of 2025, utilizing funds from the €210 billion frozen after the 2022 invasion to support Ukrainian civilian and military projects, despite concerns about global financial system implicat...

Progress

32% Bias Score

Peace, Justice, and Strong Institutions
smh.com.au
🌐 85% Global Worthiness
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ASIC Investigates $1 Billion Australian Superannuation Scheme for Fraud

ASIC is investigating a $1 billion Australian superannuation scheme involving five men, including financial planner Ferras Merhi, for potential fraud after 12,000 investors lost money due to misleading marketing and misappropriation of funds by the fund managers.

Progress

60% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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IMF Approves $2 Billion Disbursement for Argentina, Praising Economic Reforms

The IMF's executive board approved Argentina's first review of its $20 billion Stand-By Arrangement, releasing $2 billion, praising the government's "appropriately restrictive" policies despite missing a reserve target.

Progress

44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 90% Global Worthiness
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BRICS Renews Call for IMF Reform to Address Global Imbalances

The BRICS summit reiterated calls for IMF reform, demanding changes to quota distribution and leadership to reflect the global economic shift away from developed nations' dominance, highlighting the US veto power as a major obstacle.

Progress

52% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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Stablecoins: A Challenge to Sovereign Currencies

The US Senate passed the GENIUS Act to regulate stablecoins, aiming to modernize dollar payments and enhance its global standing, while China plans a dual strategy of promoting the renminbi and developing offshore renminbi stablecoins.

Progress

40% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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Foreign Funds' Exit Signals Potential Challenges for Spain's Real Estate Market

Foreign investment, particularly from the US and Europe, totaling nearly €16 billion, has been vital to Spain's post-2008 real estate recovery, with at least 55% of the top 20 listed real estate companies' value stemming from foreign funds; however, the recent divestment of Castlelake from Aedas hig...

Progress

36% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Trump Reverses US Tariff on Swiss Gold, Averts $24 Billion Trade Disruption

President Trump reversed a US Customs and Border Protection ruling that proposed a 39% tariff on Swiss gold bars, preventing a $24 billion annual trade disruption after the Swiss exported $61.5 billion in gold to the US in the past year. This decision, announced on Truth Social, followed an erroneou...

Progress

44% Bias Score

Decent Work and Economic Growth
aljazeera.com
🌐 85% Global Worthiness
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US Absence Weakens Global Debt Relief Efforts, Prompting Call for "Borrower's Club

The US withdrew from the UN's Seville conference on financing for development, resulting in a weak outcome document that failed to address the mounting debt distress in low-income countries, who paid a record $96.2 billion in external debt service in 2023, prompting calls for a "Borrower's Club" to ...

Progress

52% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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PrivatBank Wins $1.7 Billion+ Lawsuit Against Kolomoisky, Bogolyubov

A London court ruled that former PrivatBank owners Igor Kolomoisky and Gennadiy Bogolyubov illegally misappropriated nearly $2 billion, ordering them to repay over $1.7 billion (excluding interest and costs) for a complex loan scheme fraud. This follows years of litigation.

Progress

44% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Cum-Cum Tax Schemes Cost Governments Over €140 Billion

Tax schemes known as "cum-ex" and "cum-cum" have cost Germany an estimated €29 billion between 2000 and 2020, with global losses exceeding €140 billion, due to a legal loophole that allows financial institutions to claim multiple tax refunds on dividend payments.

Progress

44% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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G20 Affirms Central Bank Independence, Calls for WTO Reform

G20 finance ministers, meeting in Durban, South Africa on July 17, 2025, issued a statement emphasizing central bank independence as crucial for price stability and stressing the need for WTO reform to address global economic uncertainty caused by wars, trade tensions, supply chain issues, high debt...

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 73 results