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Fitch Ratings has on 01 August 2023 made a significant rating decision, downgrading the United States of America's Long-Term Foreign-Currency Issuer Default Rating (IDR) from 'AAA' to 'AA+'. However, the...
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The US Federal Reserve (central bank) has on the 26th July 2023 raised its benchmark funds rate by a quarter percentage point, taking the target range to 5.25 - 5.5...
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The Executive Directors of the World Bank has confirmed on 03 May 2023 that India-born American business executive, Ajay Banga as the next President of the World Bank for a...
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On March 10, 2023, Silicon Valley Bank (SVB) failed, making it the biggest lender to fail since the global financial crisis of 2007-09. With over USD 200 billion in assets,...
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The International Monetary Fund (IMF) has approved a 48-month extended arrangement under the Extended Fund Facility (EFF) of USD 3 billion to support Sri Lanka's economic policies and reforms, according...
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The ocean plays an important role in the development of economies, and our livelihood, ensuring climate regulation while also playing a major role in providing food all around the globe....
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The publication of the world population when the numbers reached 8 billion was one of the subjects that captured the attention of the entire globe at the end of the...
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Have you ever sat down and wondered exactly how many people exist in this world? While the answer might be just one google search away, for many of us from...
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A strong dollar is referred to the relative value of US dollars in the international foreign exchange market against a basket of other currencies. A value of country’s currency is...
