Oil drifts near 2018 highs ahead of OPEC+ meeting
Oil prices hit and then recoiled from highs last seen in October 2018 on Monday as investors eyed the outcome of this week’s OPEC+ meeting as the United States and Iran wrangle over the...
Category: Economy
IMF approves $2.5 bn loan, debt relief deal for Sudan
The IMF on Tuesday approved a $2.5 billion loan for Sudan, and with the World Bank sealed a landmark deal that unlocks nearly $50 billion in debt relief for the impoverished African nation. The...
Economic impacts of Covid
The Coronavirus is a global health crisis that is having devastating effects on global economic activities as a whole. Most of the countries locked themselves which led to a slowdown of the economy, lockdowns...
Bangladesh no longer the basket case: A rising economy in process
Bangladesh government has donated about US$ 7.7 million to debt-ridden Sudan for rebuilding its battered economy from years of corruption and sanctions as a part of IMF’s debt relief. This assistance came, soon after...
Oil falls as start of U.S. summer driving season fails to lift fuel demand
Oil prices fell on Thursday as inventory data in the United States, the world’s top oil consumer, showed a surge in gasoline stocks that indicated weaker-than-expected fuel demand at the start of summer, the...
El Salvador’s adoption of bitcoin delights cryptocurrency fans
El Salvador’s approval of bitcoin as legal tender, making it the first country in the world to do so, has delighted cryptocurrency fans but left markets unconvinced. The Central American nation’s Congress passed a...
China blocks several cryptocurrency-related social media accounts amid crackdown
A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on bitcoin trading and mining. More actions are expected, including linking illegal crypto...
Debates on cyberspace governance: – Multilateralism vs Multistakeholderism
The most dominant feature of globalization is the commercialization of internet since 1990s after invention of world wide web (www). It acted as a catalyst to the rapidly spreading phenomenon of globalization, and its...
UK, Australia hold further talks in bid to strike trade deal within weeks
Britain and Australia held another round of talks to progress a free trade deal, the British envoy said on Thursday, as both countries seek to strike an agreement in mid-June. Britain is pursuing a...
A Dive Into India-Argentina Trade and Export Relations
India and Argentina have shared strong, long-standing bilateral relations since the first Trade Commission was established in Buenos Aires in 1943, which was later converted into the Embassy in 1949. What’s unique about this...
