Afghanistan sits on mineral wealth worth billions of dollars

While everyone in the world would say, Afghanistan is one of the world’s poorer countries, the fact is just the opposite. None of the so-called friendly nations of Afghanistan, including

US real estate absorbs billions of dollars dirty money

By using a database of over 100 publicly reported real estate money laundering cases in the U.S., United Kingdom and Canada, Global Financial Integrity says the U.S. has become a

Thai banks reduce maximum deposit protection in individual accounts

The best advice for foreigners in Thailand who maintain millions of baht in Thai banks, a very small number of expats, is to spread their cash around more than one

Yossi Cohen joins as head of SoftBank

One of the most successful heads of Israeli Mossad, Yossi Cohen is all set to join as the director of Israel operations for Japanese billionaire Masayoshi Son’s SoftBank. The SoftBank

Russians fall victim of Ponzi Scheme Finiko

Pyramid schemes, or Ponzi schemes like Finiko — in which investors are drawn in by promises of sky-high returns which are then paid out from money taken from additional investors

The US wrongly underestimates China’s economic challenge

China’s technical advances continue to amaze and impress most of the world. Writes Richard D. Wolff The economy of the People’s Republic of China has been growing much faster than

Imprisonment is not solution to Hallmark crisis

Exactly two years ago, Finance Minister AH Mustafa Kamal, commenting on resolving the loan crisis between state-owned Sonali Bank and industrial conglomerate Hallmark Group said, “Hallmark still has the capability

China advances digital fiat currency

China’s central bank on Friday released a white paper on the progress of the country’s digital fiat currency, the e-CNY, saying that it will steadily push forward pilot schemes of

Dhaka court imposes travel ban on Evaly officials

Dhaka Metropolitan Senior Special Judge KM Imrul Kayes has passed an order asking immigration authorities to stop two top officials of scandalous Multi Level Marketing (MLM) company Evaly. According to

Saudi Arabia set to emerge as Gulf’s commercial and cultural hub

Saudi Arabia has stepped up efforts to outflank the UAE and Qatar as the Gulf’s commercial, cultural, and/or geostrategic hub. Writes Dr. James M. Dorsey Riyadh has recently expanded its