World Economic Magazine

Analysis: SPACs splash the cash to salvage deals as market unravels

SPACs are turning to costly new tactics to keep investors from jumping ship as market confidence wanes in the once…

5 years ago

Exclusive: ECB puts Russians in EU, even residents, under scanner

FRANKFURT/MADRID, March 15 (Reuters) - European Union regulators have told some banks to scrutinise transactions by all Russian and Belarusian…

5 years ago

Explainer: Can Russia pay its creditors, and what happens if not?

Russia is due to pay $117 million in interest on two dollar-denominated sovereign bonds on Wednesday - the first such…

5 years ago

Sanctioned Russia teeters on brink of historic default

The economic cost of Russia's assault on Ukraine was further exposed on Wednesday as the sanctions-hit country teetered on the…

5 years ago

The current status of the job market in the United States is improving: finding workers remains a challenge

The world's economy was thrown into chaos as the Covid-19 outbreak wreaked havoc on the globe just when everything appeared…

5 years ago

UniCredit considers quitting Russia as markets watch for sovereign debt payment

UniCredit (CRDI.MI) is urgently reviewing its Russian business and could decide on a costly exit of the country after its invasion of…

5 years ago

Myanmar to accept Thai baht for border trade, eyes using rupee

Myanmar will start accepting the Thai baht currency for settling border trade transactions and is also looking at a similar…

5 years ago

Japan urges crypto firms to comply with sanctions against Russia

Japanese authorities ordered crypto exchanges on Monday not to process transactions involving crypto assets subject to asset-freeze sanctions against Russia…

5 years ago

Binance gets its first Gulf crypto licence in Bahrain

The world's largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain's central bank, its first…

5 years ago

EXCLUSIVE Petrobras and EIG near deal for Bolivia-Brazil gas pipeline -sources

State-run Brazilian oil company Petrobras is close to reaching an agreement to sell to U.S. private equity firm EIG Energy…

5 years ago