A quarterly study released Thursday revealed that the world’s debt reached a new high of $337.7 trillion at the end of the second quarter, driven
Category: World Economy
Russia-Ukraine war will have a severe impact on the global economy – IMF
On Saturday, the International Monetary Fund said it anticipated to forward Ukraine’s request for $1.4 billion in emergency finance to its board for approval as
European banks are funding oil and gas expansion in violation of IEA directives – Experts.
Despite the International Energy Agency’s warning against new facilities in order to halt global warming, European banks are offering billions of dollars in loans to
SoSoProf Global: Advising on Building Capability, Competence, Value Creation, Competitive Advantage for Companies of the Future.
SoSoProf is a multi-disciplinary professional services firm representing a diverse client base in a variety of industries. For almost 30 years, SoSoProf has focused its
Managing tax avoidance by Global Organizations.
How could governments discourage international companies from avoiding taxes by moving their profits to low-burden nations? For almost 10 years, countries have wrestled with that
Microsoft purchasing speech recognition firm Nuance in $16B bargain
Microsoft, on fast lane growth push, is purchasing speech recognition firm Nuance in an arrangement worth about $16 billion. The deal will get Microsoft more
Developed economies support $650 billion boost in IMF assets
Finance officials of the world’s developed economies on Wednesday conceded to a proposition to boost the assets of the IMF by $650 billion as an
Bitcoin rises to $61,074, gaining 6.6%
Bitcoin, the world’s greatest and most popular cryptographic money, rose 6.64% to $61,073.71 on Saturday, adding $3,802.67 to its past close. Bitcoin is up 120.2%
Chinese EV threesome eye HK listing this year to raise consolidated $5 billion
U.S.- listed Chinese electric vehicle (EV) producers Li Auto Inc, Nio Inc and Xpeng Inc intend to list in Hong Kong during this year, tapping
Panasonic to purchase U.S. software firm Blue Yonder for $6.5 billion – Nikkei
Panasonic Corp will purchase U.S. programming firm Blue Yonder for 700 billion yen ($6.45 billion), the Nikkei reported Monday, saying it was the Japanese electronics
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