Navigational error blamed for two oil tanker crash near Strait of Hormuz
Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz. The incident occurred amid a surge…
Brazil’s rising sugar output drives global price plunge
The global raw sugar market experienced a notable downturn on Monday, with prices plummeting to a four-year low. The commodity…
Global investment drought: FDI to developing economies hits 20-year low
The World Bank has reported that foreign direct investment (FDI) flows into developing economies plummeted to $435 billion in 2023,…
Interview: Non-US stablecoin issuers gaining appeal amid trade wars, says Quantoz Payments CEO Arnoud Star Busmann
With growing momentum to bridge the gap between traditional banking systems and the world of cryptocurrencies, global stablecoin adoption is…
Oil demand to peak by 2029, IEA forecasts, despite China’s EV push
The International Energy Agency (IEA) announced on Tuesday that global oil demand is projected to continue increasing until approximately 2030. …
‘Big Short’ investor dubs Israel-Iran conflict ‘unbelievably positive’ for markets
US stocks have been in rather volatile in recessions sessions amidst rising tensions between Israel and Iran, particularly because the…
USD/JPY forecast: signal ahead of BoJ and FOMC decision
The USD/JPY exchange rate could be on the verge of a big move after forming a symmetrical triangle ahead of…
A financial revolution: how stablecoins are revamping the global payments industry
During the last two major crypto market booms in 2017 and 2021, stablecoins have been just a footnote. But now,…
What’s next for oil prices after the initial Israel-Iran driven surge?
Oil prices climbed sharply last week following Israel’s airstrike on Iran and the latter’s retaliatory action on Tel Aviv. However,…
EU prioritises gas import ban, delays Russian nuclear fuel restrictions
EU Energy Commissioner Dan Jorgensen announced on Monday that the European Commission will not include measures to limit the EU’s…