According to a press release posted on the bank's website, the European Bank for Reconstruction and Development (EBRD) awarded its shareholder countries a record investment volume of €13.1 billion in 2023. With Iraq's admission, the EBRD's shareholder count increased to 74 in November. "In 2023,...

Big investors are tearing up market playbooks for 2024 based on the timing of a projected recession and interest rate reduction, as the global economy shows surprisingly durable.   They are turning sour on government bonds and moving away from major tech stocks to look for bargains in...

The US Securities and Exchange Commission allowed the first U.S.-listed exchange traded funds (ETFs) to track bitcoin on Wednesday, marking a watershed moment for the world's largest cryptocurrency and the crypto sector as a whole.   The Securities and Exchange Commission said it granted 11...

Investors are alerting governments throughout the world to the high levels of public debt, pointing out that pre-election disclosures of large borrowing risk could cause the bond market to respond negatively, writes the Financial Times. Government bond issuance in the US and the UK is forecasted to...

This year's elections will take place in countries that account for more than 60% of global economic production and more than half of the population.   Markets fear a "ballot box bombshell," according to financial services firm Morningstar, adding that "previous experience with this type of...

China's central bank confronts a significant challenge in combating the prospect of deflation: more credit is moving to productive forces rather than consumption, exposing fundamental faults in the economy and decreasing the effectiveness of its monetary policy tools.   The People's Bank of...

In 2023, global food prices decreased by 13.7%, shows a review by the FAO (Food and Agriculture Organization of the United Nations). Although there was a 16.6% increase in the cereal price index in December compared to November, the statistics were still behind those of the previous year. The price...

A US watchdog's plan to oversee businesses such as Apple and Alphabet's Google, which provide digital wallets and payment apps, risks impeding innovation and pushing some players out of the market, their advocacy organisation said on Monday.   The warnings from the Computer &...

According to Peter Oppenheimer, head of macro research in Europe at Goldman Sachs, the world economy is entering a new "super cycle," driven by artificial intelligence and decarbonisation.   “We are moving clearly into a different super cycle,” he told CNBC on Monday.   Super cycles...