Latest World News. Find every day short and brief information composed of titles and subtitles and continue reading if interested.
There are vast reserves of croplands in Siberia, Russia. Ilya Naymushin/Reuters Investing in Russia after the war with Ukraine could present a surpising upside, said an investor. That's thanks to vast farmlands in Siberia, said Cheah Cheng Hye, co-CIO of Value Partners Group. Chinese investors were already snapping up farmland in Siberia before the war. […]
For 40 years, Robert E. Friedman and his Washington-based nonprofit Prosperity Now have helped millions of people from economically vulnerable communities gain financial security and stability. Income disparity, however, has only grown across the United States. Now, the 69-year-old Friedman is arguing for a macroeconomic fix — and it doesn’t involve the government just doling […]
A two-day Libya conference is starting in Palermo, Italy – an event widely perceived as a counter to a similar gathering organized by France in May – as two European countries compete for the fractured nation’s oil and gas assets. The meeting in Sicily is meant to bring together key stakeholders involved in the ongoing […]
Months after denouncing social media as a “menace to society,” controversial billionaire George Soros is again investing into Facebook, Twitter and streaming services Spotify and Pandora, while scaling back his Google holdings. With hedge funds filing their second-quarter statements with regulators this week, it has emerged that Soros Fund Management LLC is once again investing […]
ECONOMISTS think prices, like spilt ketchup, are sticky. They move only slowly as firms digest economic conditions. Financial markets are an exception. Computerised trading by thousands of participants means prices, especially of currencies, can move in a McFlurry. Since The Economist last updated the Big Mac index (BMI), our lighthearted guide to currency valuation, burger […]
Published time: 5 Jun, 2018 06:43 Edited time: 5 Jun, 2018 07:42 A court has seized the Dutch assets of Russian energy major Gazprom to pay $ 2.56 billion in compensation to Naftogaz, the Ukrainian company has said. In February, the Stockholm arbitration court demanded that the Russian company pay for a shortfall in the […]
Kazakhstan has asked an appeals court to overturn a decision that saw BNY Mellon freeze assets worth more than $ 22 billion held in the bank by the country’ sovereign wealth fund. The bank seized the assets as part of a dispute between Kazakhstan and a Moldovan businessman who sued the Central Asian country for […]
ON HER way out, Janet Yellen, who stood down as the Federal Reserve’s chair on February 2nd, paused to add yet another sanction to those already imposed on Wells Fargo for foisting unwanted insurance and banking products on clients. The latest punishment is a highly unusual one. Wells will be blocked from adding assets to […]
The UK has introduced sweeping new powers which, according to the country’s security minister, will be used to seize the assets of foreign criminals. Speaking to the Times, cabinet minister Ben Wallace said that he would use “the full force of the government” to stifle the activities of investors using Britain as a haven for their […]
Since her Celebrity Big Brother co-star, Ginuwine, was evicted earlier in the week, Ashley has let her hair down and has really started to have some fun in the famous house. Tonight’s instalment saw the usual blonde beauty transform her luscious locks with a slick of hair dye. Ashley, 30, is now a pink poppet […]
