The greenback had a tough week. It fell against most currencies. Our GDP-weighted currency index snapped a three-week drop, which ended an eight-week advance. The combination of a seemingly more hawkish Federal Reserve and position...
It doesn’t get any safer than surfing with the Tor browser. But authoritarian regimes are strengthening their hacking skills. The open source software browser now protects itself with longer addresses. People who value a high...
Charity group Oxfam has released a report saying that while supermarkets, especially German chains expanding in foreign markets, enjoyed a bumper pandemic 2020, food laborers were conducting “modern slave labor.” Charity group Oxfam warned on...
Ella and her friends were playing in the garden. They took turns and were trying to guess what each other thought. It was Ella’s turn. She said “I see something which is red” and everyone...
A plan to privatize South America’s largest state-owned energy provider has been approved by Brazilian lawmakers. Critics warn that privatization will increase energy costs. The lower house of the Brazilian Congress passed legislation on Monday...
Firming long-term US yields have lent the dollar support after trading heavily yesterday. The greenback is around 0.15%-0.50% higher against the major currencies. The Japanese yen and Canadian dollar are among the more resilient, and...
The region was an exception in a year that saw foreign investments crash to greater depths than after the 2009 global financial crisis. The steep fall could have painful implications for Africa’s industrialization bid. Foreign...
The pandemic-induced economic slowdown has hit India hard. Prospects for the vehicle sector hang on the monsoon season and a successful vaccination campaign. India’s automotive sector, which contributes 7.1% of India’s gross domestic product (GDP), has...
In money back policy, you will be getting certain percentage of the sum assured at different intervals. A typical 20-year money back policy will give you 20% after 5 years, 20% after 10 years, 20%...
Australia and the UK have signed a free trade deal as Britain seeks to find alternative markets in the wake of Brexit. The deal was hailed by British Prime Minister Boris Johnson as “a new...
The short squeeze that lifted the US dollar ahead of the weekend has seen limited follow-through buying, and instead a consolidative tone emerged. Europe is searching for direction and perhaps waiting for US leadership after...
Almost 20 years after Concorde ceased operations, supersonic air travel could soon be taking off again. A deal involving United Airlines and the startup Boom has got the aviation industry buzzing. United Airlines, one of...