Finance
Iraq Approves a Record $153bn Budget for Job Creation & Infra Development
On Monday, May 12, the parliament of Iraq approved a surprising record budget of 198.9 trillion...
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Bank of England Raises Rates to 15-year High, Hints at Further Hikes
The Bank of England has raised its central interest rates by 0.25% to bring it to...
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Africa Export and Import Bank (Afrexim Bank) Lends a $3bln Economic Aid to Kenya
Media reports disclosed that the payments of this aid were approved by the Board of Directors...
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De-dollarization: The Push to Reduce Reliance on the US Dollar
The US dollar has been the world’s reserve currency, a global unit of account, and the...
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First Republic Shares Plummet Amid Liquidity Fears
First Republic Bank, headquartered in San Francisco, the torch bearer of the regional banking crisis in...
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$17 Billion Debt Deemed Worthless by Credit Suisse, Leaves Bondholders Indignant
The move is being highly criticized by many, as it seems to have hit a nerve...
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HSBC Acquires Silicon Valley Bank’s UK Unit For £1 Amidst Financial Turmoil
HSBC Holdings Plc has announced its acquisition of Silicon Valley Bank UK Limited, the UK arm...
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HSBC Signals a Peak In Windfall Profits Amid Interest Rates Hike
HSBC, Europe's largest bank, posted a record rise of 92 per cent in its quarterly profits...
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Meta shares rise to a new high since 2013 on Zuckerberg’s Vision.
Meta shares rise to a new high Since 2013 on Zuckerberg’s Vision.
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
