Russia’s state-owned energy company, Rosatom, is excited to announce that they plan to build four icebreaker ships in India! This news comes from a report by The Economic Times, which shared insights from an unnamed official involved in the discussions. Who’s Involved? The Indian government is exploring options with one
In 2003, a company called Africa Practice was founded to help businesses, governments, and non-profits successfully work within Africa’s political and business environments. They do this by providing advice on strategic communication and policy. Another organization, Africa No Filter, focuses on changing negative stereotypes about Africa by supporting storytellers and
Algeria has decided to stop French companies from competing for an important wheat import contract. This decision comes as tensions rise between Algeria and France, highlighting a significant shift in their relationship. A Shift in Supply For years, France has been Algeria’s biggest supplier of wheat. Algeria, one of the
The debate about who created Bitcoin is heating up again, especially with a new HBO documentary on the way. This documentary is set to explore the identity of Satoshi Nakamoto, the mysterious figure behind Bitcoin, and fans of cryptocurrency are buzzing with excitement. Two Main Theories Recently, 10x Research released
Sberbank, the biggest bank in Russia, has been trying to make trade between India and Russia easier by using their own currencies instead of the US dollar. However, Indian financial regulators are not very keen on approving Sberbank’s plans, according to a recent report by the Indian Express. One of
Marjan Rintel, the CEO of KLM Royal Dutch Airlines, believes that the European Union (EU) needs to step up and create rules to help European airlines compete fairly with Chinese airlines. The issue is that while Western countries have closed their airspace to Russian airlines because of the conflict in
Emmanuel Macron, now the President of France, didn’t always work in politics. From 2008 to 2012, he was an investment banker at Rothschild & Cie Banque, a prestigious financial institution. During this time, he made a significant amount of money—around €2.9 million—according to the Financial Times. His rapid success at
The Suez Canal, one of the most important waterways in the world, is facing serious trouble. Recently, its revenues have dropped by a massive 60%, and nearly half of the ships that usually pass through this crucial route are now avoiding it. But why is this happening, and what does
Credit ratings play a huge role in the financial world. They help investors, both big institutions and regular individuals, understand how likely it is that a country or company will be able to repay its debts. When it comes to bonds and other forms of debt, credit ratings give investors
