CBI Reports Increase in Credit-to-Deposit Ratio among Iraqi Banks
The Central Bank of Iraq reported an increase in the credit-to-deposit ratio for banks from 51.9% in Q4 2023 to...
Business
Canada, Mexico Respond to U.S. Tariffs with Strong Retaliation and Criticism
In response to President Trump's imposition of tariffs, Canada and Mexico criticized the measures and announced retaliatory actions. Trudeau described...
Severe Impact of USAID Cuts on Humanitarian Aid in the MENA Region
The Trump administration's recent decision to slash $60 billion in aid, cutting 90 percent of USAID contracts, poses severe risks...
Ghana to Host the 14th Africa Fintech Summit on October 8th
The 14th Africa Fintech Summit will take place in Accra, Ghana, from October 8-10 at the Accra International Conference Centre....
Donald Trump Secures Panama Canal Ports Sale from Hong Kong Conglomerate
CK Hutchison is selling its stake in Panama Canal ports to a BlackRock-led consortium following pressure from President Trump regarding...
Coffee Prices Rise Amid Concerns of Reduced Crop Yields in Brazil
Coffee prices increased on Tuesday, supported by below-normal rainfall in Brazil affecting crop yields. Diminishing inventories and a higher percentage...
Ghana’s Energy Debt Forecast to Double by 2027 Without Urgent Action
Ghana's energy debt could reach $9 billion by 2027, according to Finance Minister Cassiel Ato Forson. Eurobonds fell sharply as...
Real-Time Payments Transforming Financial Inclusion in Latin America
Fintech investments in Latin America hit a low in 2023 but rebounded over $2 billion in 2024, indicating a potential...
BlackRock Consortium to Acquire Panama Ports, Reshaping Global Logistics
A BlackRock-led consortium is acquiring CK Hutchison's controlling interest in Panama Ports Company. The agreement includes extensive operational assets but...
El Salvador Enhances Bitcoin Holdings with New 11 BTC Acquisition
El Salvador has purchased an additional 11 BTC, valuing over $1 million, under President Nayib Bukele's guidance. This acquisition marks...
