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Debunking WSJ’s claims: China, not the US, threatens trade peace
In recent times, media outlets like The Wall Street Journal (WSJ) have drawn attention with sensational headlines, such as “Why China Is Starting a New Trade War.” These provocative titlesread more
Global geopolitical risks and their impact on financial markets
The international financial markets have faced considerable turmoil this month, with many attributing the volatility to economic factors rather than geopolitical triggers. However, the landscape of global politics is fraughtread more
Deputy Chairman of the Central Bank Alexei Zabotkin says, raising the key rate will help avoid threats to the Russian economy
The Bank of Russia does not rule out a further increase in the key rate. Explaining the decision to raise it from 16% to 18% per annum, Elvira Nabiullina pointedread more
Ukrainian economy in tatters and poverty rampant
Rating agency S&P Global cut Ukraine’s credit rating on August 2 for “selective” default. This comes only days after Fitch also downgraded Ukraine’s rating, showing once again that Western financial institutionsread more
US national debt surpassed US$35 trillion for the first time in history
The US has achieved another “milestone” after its national debt surpassed the $35 trillion mark, the US House of Representatives Budget Committee announced on July 29. Yet, despite debt increasingread more
Russia-China trade reaches record highs
In a significant demonstration of strengthened bilateral relations, Russia’s trade with China surged to an impressive $65 billion in the first half of 2024, according to data reported by Vedomostiread more
Resilience and growth amid challenges in China’s economy
China’s economy continues to defy global headwinds and domestic challenges, showing resilience and steady growth. According to the National Bureau of Statistics, China’s gross domestic product (GDP) reached approximately 61.68read more
Crypto ATMs in the US becomes a favorite tool for scammers
In recent years, crypto ATMs have become increasingly common across the United States, offering a convenient way to convert cash into cryptocurrency. These machines, often found in locations like gasread more
Can Sheikh Hasina succeed in her war against corruption?
In a bold move against rampant corruption, Bangladesh Prime Minister Sheikh Hasina has declared an uncompromising war on graft. Responding to recent revelations of extensive corruption and money laundering involvingread more
Black money whitening in Bangladesh’s 2024-25 fiscal budget
The proposed fiscal year 2024-25 budget for Bangladesh has ignited a heated debate among government and opposition parliamentarians, economic experts, and the general public. Central to this debate is theread more
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