The currency Lira has plunged after President of Turkey Erdogan appointed Hafize Gaye Erkan, the co-CEO of the failed First Republic Bank, as the new Central Bank Governor.
Turkish President Erdogan, fresh from his...
Panama Canal is going dry as a severe drought has caused water levels in the lake that feeds the locks in the Panama Canal to drop far below normal.
Federal Reserve Chair Jerome Powell...
The 'Arctic Silk Road' has come alive as Bloomberg ship-tracking data shows that Russia has sent the first LNG tanker, Fedor Litke, to Asia this year.
This year, Russia shipped its first liquefied natural...
Binance is being sued by the SEC for 'billions in fraud' after allegedly working to subvert 'their own controls' to allow high-net-worth U.S. investors and customers to continue trading on Binance's unregulated international exchange.
The Bank for International Settlements (BIS) plans to use AI to monitor global bank transactions for potential instances of money laundering. The project, known as "Project Icebreaker," focuses on developing a SWIFT-like bottleneck system that would enable...
Naledi Pandor, South Africa's Minister of International Relations, told reporters that the new currency created by BRICS nations may offer a shield from sanctions.
BRICS nations asked the bloc’s specially created bank to provide...
The Reserve Bank of Zimbabwe introduced a gold-backed digital currency that will be fully backed by physical gold held by the Bank. This move might pave the way for gold-backed money.
Will gold rescue...
Reuters reported that Elon Musk got rock star treatment in China, being greeted by top ministers from the Chinese government's foreign affairs, commerce, and industry departments.
Elon Musk received a 5-star welcome during a...
To protect his $138 billion fortune, Jeff Bezos wants to be extra cautious and will sign a prenuptial agreement with his girlfriend, Lauren Sanchez.
Amazon co-founder Jeff Bezos is all set to get married...
Forbes has learned that the financial information and social security numbers of TikTok creators have been stored in China without their knowledge.
Over the past several years, thousands of TikTok creators and businesses around the...
