Russia’s central bank lowered interest rates for the first time in nearly three years on Friday, as inflation shows signs of easing and the country’s wartime economy struggles under the burden of high borrowing costs.The Bank of Russia cut its benchmark interest rate by a full percentage point to 20%,…
Emerging market assets are capturing the attention of investors as potential opportunities for significant returns. According to a recent analysis by Bank of America (BofA) Securities, these assets are poised to deliver “several percent” in returns in 2025, driven primarily by a weakening US dollar. This forecast comes amid growing…
The UK’s Financial Conduct Authority (FCA) has proposed lifting its longstanding ban on retail investors buying exchange-traded products (ETPs) tied to cryptocurrencies. The move comes as part of an effort to revitalize Britain’s crypto competitiveness and better align the market with the United States, where crypto ETFs have surged in…
The once-close alliance between Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, and President Donald Trump has unraveled into a public feud that could have major repercussions for Musk’s business empire. As of June 2025, the fallout between the two powerful figures has escalated with threats and insults traded…
The International Monetary Fund (IMF) has issued a stark warning that the ongoing global trade war presents a more formidable challenge to emerging market central banks than the COVID-19 pandemic. As trade tensions escalate, particularly with the imposition of historically high tariffs by the United States, emerging economies are grappling…
In a surprise move, the Reserve Bank of India slashed policy rates beyond market expectations and shifted its policy stance from accommodative to neutral. ING Group suggests the RBI’s current action indicates a likely pause in policy adjustments. However, the possibility of future easing remains open, contingent on potential declines in…
Russia’s central bank lowered interest rates for the first time in nearly three years on Friday, as inflation shows signs of easing and the country’s wartime economy struggles under the burden of high borrowing costs.The Bank of Russia cut its benchmark interest rate by a full percentage point to 20%,…
Emerging market assets are capturing the attention of investors as potential opportunities for significant returns. According to a recent analysis by Bank of America (BofA) Securities, these assets are poised to deliver “several percent” in returns in 2025, driven primarily by a weakening US dollar. This forecast comes amid growing…
The UK’s Financial Conduct Authority (FCA) has proposed lifting its longstanding ban on retail investors buying exchange-traded products (ETPs) tied to cryptocurrencies. The move comes as part of an effort to revitalize Britain’s crypto competitiveness and better align the market with the United States, where crypto ETFs have surged in…
Tesla Inc (NASDAQ: TSLA) was hit hard Thursday after President Donald Trump signalled plans to terminate Elon Musk’s federal contracts and subsidies in retaliation for his derogatory remarks against the “One Big Beautiful Bill Act”.And while Trump has already confirmed that he’s not interested in a call with Musk –…









