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THE TRUTH ABOUT: 2 | History Defined

Argentina Receives $42 Bn From International Financial Institutions

Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on Friday, as its president said his country's economy will grow "like never before."

International Business Times

Looming tariff dispute between US and EU ‘extremely concerning’ – bank governor

Gabriel Makhlouf, governor of the Central Bank of Ireland, said that forecasting in a time of ‘extreme uncertainty’ is challenging.

Evening Standard

Syria's Central Bank Staff Return To Work After Rebel Takeover

Syria's Central Bank employees return to work post-rebel overthrow, showing resilience and hope amidst uncertainty.

Top News

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Naira is in crisis but cryptocurrency isn’t to blame – Nigeria needs consistent policy

Nigeria’s Securities and Exchange Commission is considering tighter controls to combat illegal trading in digital assets, including cryptocurrencies. The Conversation Africa asked Iwa Salami, a researcher in regulatory frameworks for crypto-assets, to explain how best Nigeria can manage cryptocurrency.

The Conversation

Sri Lanka eases limits on rupee conversion for remittances

Discover Sri Lanka's recent decision to remove certain restrictions on converting the rupee for outward remittances, facilitating easier foreign exchange t...

Top News

Tunisia’s Saied wants to make the central bank fill the budget deficit

By borrowing billions from the central bank to shore up budget, the president could well worsen Tunisia’s economic woes.

Al Jazeera

Cubans Fear Worsening Inflation As Fuel Price To Soar 500%

Already under the yoke of inflation and product scarcity, many Cubans don't know how they will cope with a new 500-percent surge in the fuel price.

International Business Times

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Rate Cut Controversy: Israel's Monetary Future Remains Uncertain

Analysts are divided on whether Israel's central bank will initiate rate cuts next week, with some anticipating a creative twist in monetary policy.

Top News

China's Central Bank Rekindles 14-Day Repos Amid Year-End Demand

China's glinting financial powerhouse pumps life into its pulsing arteries as the central bank rolls out 14-day reverse repos, a deft move to ease year-end...

Top News

Cenbank's Next Move Divides Colombian Analysts: Rate Cut Ahead?

As the clock ticks down to a pivotal decision, Colombian monetary experts find themselves at odds. Will the central bank change course and cut rates?

Top News

Milei Takes Office As Argentina Braces For Economic Reforms

Javier Milei will on Sunday be sworn in as Argentina's president, as the country steels itself for harsh spending cuts and economic reforms aimed at curbing rampant inflation.

International Business Times

Argentina's president-elect announces his pick for economy minister

Argentina’s President-elect Javier Milei says he's chosen Luis Caputo, a former finance minister and Central Bank chief who is known as an expert in markets, to lead the Economy Ministry when the right-wing leader takes office on Dec. 10

The Independent UK

After the dollar-loving Milei wins the presidency, Argentines anxiously watch the exchange rate

The exchange rate is top of mind for millions of Argentines coping with triple-digit inflation

The Independent UK

The election of Javier Milei and the challenges of an impoverished Argentina

In December 2001, Argentina experienced one of the most dramatic moments in its history. The collapse of convertibility – the monetary stabilisation plan that established parity between the dollar and the peso – brought tens of thousands of people onto the streets to protest against the government’s confiscation of their…

The Conversation

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The Independent UK

Argentina's anti-establishment candidate Milei engages IMF in economic talks after shock primary win

Argentina’s right-wing populist presidential candidate Javier Milei has met with International Monetary Fund officials to explain his economic proposals for the country, days after he became the surprise front-runner for the October election

The Independent UK

Donohoe: Bank outage ‘extremely serious’ but didn’t damage Ireland’s reputation

Bank of Ireland has moved to assure customers that their account balances should be up-to-date after glitch on Tuesday.

Al Jazeera

Russian rouble falls to levels seen at start of Ukraine invasion

Currency hits 17-month low with Moscow blaming ‘loose monetary policy’.

The Independent UK

Banks from 4 Arab countries are in talks to invest in struggling Lebanese banks, official says

Banks from four Arab countries are interested in investing in Lebanon’s struggling banking sector, which has been hard-hit by the small nation’s three-year economic meltdown

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France 24

Lebanon's central bank chief ends 30-year tenure amid scandal, crisis

Lebanon's embattled central bank governor stepped down Monday under a cloud of investigation and blame for his country's economic crisis as several European countries probe him for alleged financial crimes.

The Independent UK

Lebanon's central bank governor ends 30-year tenure under investigation during dire economic crisis

Lebanon’s embattled central bank governor has ended his 30-year tenure

StockNews.com

Which Financial Stock Is Better for Your Portfolio: Marathon Digital (MARA) or Manhattan Bridge (LOAN)

Financial stocks are the biggest beneficiaries of the Fed’s interest rate hikes. After a short pause, the central bank is expected to raise interest rates again this month. Given this backdrop, let’s compare Marathon Digital (MARA) and Manhattan Bridge Capital (LOAN) to identify the better investment.

The Guardian - UK

Fears for Libyan oil production amid military threats

Gen Khalifa Haftar warned of military action unless oil revenues are divided fairly

The Guardian - AU

Iraq’s central bank to blame for dispute behind jailing of Australian Robert Pether, tribunal finds

Engineer’s family says International Court of Arbitration decision strengthens the case for freeing him

Irish Mirror

More mortgage pain for Irish householders as ECB plots further rate increases

The Central Bank has also warned that the risks facing the Irish financial system have increased as inflation is weighing heavily on the global economy.

The Independent UK

Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding

Sri Lanka’s Central Bank has reduced its interest rates for the first time since the island nation declared bankruptcy last year

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