South Korea Increases Interest Rates for the First Time in 2023 Amid Chip-Driven Economic Surge
On Thursday, South Korea’s central bank raised interest rates for the first time in over three years, spurred by a chip boom driven by…
RBI warns parliamentary committee against legalizing cryptocurrencies in India, highlighting economic risks.
On Thursday, the Reserve Bank of India informed a parliamentary panel that virtual digital assets, including cryptocurrency, pose a…
Fed Chair Kevin Warsh aims to utilize real-time economic data within a year to enhance interest rate decisions.
Federal Reserve Chairman Kevin Warsh laid out an ambitious plan on Wednesday for the U.S. central bank to “uncover” and begin utilizing…
Cuba initiates its most significant economic reforms since the revolution.
On Friday, June 19, observers referred to Cuba’s recent free-market reforms as the most extensive economic transformation of the…
US Treasury Secretary Warns Iran of Economic Repercussions for Aggressive Actions
US Treasury Secretary Scott Bessent cautioned that Iran would encounter increasing economic and financial repercussions for any actions…
Nobel Prize Winner Mohan Munasinghe Cautions That the World is Nearing ‘Nuclear World War 3’ Due to Energy and Economic Crises
Nobel Prize-winning climate expert Mohan Munasinghe has highlighted that the world is perhaps closer than ever to “nuclear World War Three,”…
Nirmala Sitharaman Holds Discussion with US Ambassador Sergio Gor on India-US Economic Relations and Fintech Collaboration
On Wednesday, Finance Minister Nirmala Sitharaman met with US Ambassador to India, Sergio Gor, to discuss enhancing the Economic and Financial…
China’s Economic Growth Slows Significantly as Investment Continues to Drop
China experienced a comprehensive slowdown in April as investment resumed its decline, with booming exports no longer compensating for the…
Who is Sanjeev Sanyal, the Prime Minister’s economic advisor potentially poised to become Bengal’s next finance minister?
Sanjeev Sanyal, a member of the Economic Advisory Council to the Prime Minister, is being considered for the finance minister position in West…
Pierre-Olivier Gourinchas to resign as IMF Economic Counsellor and return to academic pursuits in July.
Pierre‑Olivier Gourinchas will resign from his position as Economic Counsellor and Director of the Research Department at the International…