Cryptocurrency-Bitcoin

Conflict Financing: The Role of Bullets and Bitcoin

Cryptocurrency's role in geopolitics is complex and often evokes concern, especially in the current world order. The Russia-Ukraine conflict highlighted the intricate relationship between cryptocurrency and global affairs, while the Israel-Palestine conflict has sparked questions about the financial mechanisms behind...
Oil

Saudi Arabia’s Energy Landscape: The World’s Leading Crude Oil Exporter

Saudi Arabia, the world's third-highest crude oil and condensate producer, is a key member of OPEC+. In October 2022, the country agreed to crude oil production cuts to balance the global oil market and hedge against the downside risks of...
Sri Lanka market

IMF Urges Sri Lanka to Tighten Budget and Reduce Deficit for Economic Stability

The International Monetary Fund (IMF) is seeking a strong budget and a narrower deficit from Sri Lanka to bridge the gap between government revenue and expenditure. Sri Lanka experienced its worst financial crisis in seven decades last year due to...
US-EU Trade

Trade Talks at US-EU Summit: Fading Prospects, Highlighting Mideast and Ukraine

The US and European Union's negotiations over Trump-era tariffs and US green subsidies have been stalled, with no breakthroughs made before a White House summit. European Commission chief Ursula von der Leyen emphasized the Israel-Gaza conflict and Ukraine's continued support,...
Trucks travel past containers at the Yangshan Deep Water Port in Shanghai, China

China, the Global Leader in Graphite Production, Implements Export Restrictions on Vital Battery Material

BEIJING China will require export permits for certain graphite products from December 1 to protect national security, as it faces increasing challenges from foreign governments over its manufacturing dominance. China is the world's top producer of graphite, providing 67% of...
China Chipmakers

China’s Global AI Governance Initiative: A New Era of Openness and Collaboration in the World of Artificial Intelligence

China has launched the Global Artificial Intelligence (AI) Governance Initiative, aiming to promote an open, inclusive, and fair approach to the development, security, and governance of emerging AI technologies and services. This move contrasts with the US's restrictions and blockade...
China Economic Data

The Ripple Effect of ‘De-Risking’ Strategies: Why the Harm Would Extend Beyond China

China's global economic importance has significantly increased in recent decades, particularly in Asia, where trade integration is crucial. China's medium-term growth prospects are influenced by factors such as income convergence to advanced economies, demographics, domestic reform momentum, and external factors...
Ryanair

Ryanair’s Resilience Prevails: Defying European Pressure, the Airline Holds Firm on Ticket Prices

ROME Ryanair, Europe's largest airline, is facing challenges in France and Italy, where it is attempting to reduce pollution from aviation. France has proposed minimum ticket prices to serve cities like Marseille and Bordeaux, while Italy is the clear market...
Stock Market

Middle East Tension Casts Shadow on Asian Stocks, Propelling Gold to a 2-Month High

Asian shares fell on Thursday due to risk aversion due to Middle East tensions, while gold prices remained near two-month peaks. MSCI's broadest index of Asia-Pacific shares outside Japan was 1.11% lower and on course for a 1.4% decline in...
Car manufacturing

Electric Vehicle Industry’s Challenge: Tesla, GM, and Ford Scale Back Production Amidst Growing Demand Concerns

SAN FRANCISCO Tesla, General Motors, and Ford have been cautious about expanding electric vehicle production capacity due to economic uncertainties and concerns about a slowdown in demand. Tesla CEO Elon Musk expressed concerns that higher borrowing costs could prevent potential...
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