The EU list will have a section on "undermining democracy," according to Reuters. The European Union (EU) has begun setting the foundation for the imposition of the initial penalties against the military that carried out the coup d'état in Niger, reports Reuters. Unnamed European officials claim...

After chastising bankers for failing to reward depositors, Italy surprised its banks and sent shockwaves through the European financial sector by imposing a one-time 40% tax on profits generated by higher interest rates.   Banks have made record profits as a result of sharply higher official...

It climbed by about $5.6 billion in comparison to the same period in 2022. In the first half of 2023, Japan's balance of payments, which accounts for all international trade and financial activities, reached a surplus of 8,013.2 trillion yen, or almost $56 billion at the current exchange rate....

The "basket of measures" that China has committed to do to reduce the risks associated with local government debt are likely to include special bond issuance, debt swaps, loan rollovers, and something that Beijing really detests: using funds from the central budget.   China's local...

In one of the biggest marketplaces for consumer electronics, India placed restrictions on the importation of personal computers and tablets, citing security concerns and the need to increase domestic manufacturing. This action may have an impact on Samsung and Apple hardware sales.   A...

According to The South China Morning Post, total household debt in China will be 61.9 percent of the country's GDP by the end of 2022. The level of household debt in China is increasing and is getting near to the International Monetary Fund (IMF) alert threshold, which denotes the possibility of a...

The Melbourne property surveyor that uses drone operator Nicholas Coomber called its 180-person crew into the office each day at 9 a.m. to distribute assignments before COVID-19 sent one-third of the international workforce home.   Since the surveyors are now able to work from home, they can...

According to economists, Kiev's governmental debt will reach 98.6% of GDP in 2024. Ukraine's governmental debt would increase over the following two years and reach 100.7% of GDP in 2025, the IMF writes statement regarding the findings of the first evaluation of the Ukrainian economy conducted...

The $1 billion that the Andean Development Corporation gave the nation would also be used to settle its debt. The next payment on Argentina's debt to the International Monetary Fund (IMF) will be made with yuan from the currency swap offered by China, said Sergio Massa, the country's minister of...