Our latest stories, industry news and updates of our products and services.
Imagine a market where companies and individuals can buy and sell the right to emit greenhouse gases. This is the essence of carbon trading, a controversial tool used to combat climate change. Inspired by the success of cap-and-trade regulations in…
The G7's proposal to seize Russian reserve assets, an escalation beyond existing sanctions, has prompted debate due to its potential severe consequences. Aiming to punish Russia and aid Ukraine's reconstruction, this unprecedented move requires a thorough examination of its potential…
Traditional decision-making often falters in the face of uncertainty: where inaccurate predictions, complex problems, and human biases can result in suboptimal choices[1]. To overcome these challenges, Bayesian analysis provides a robust framework for incorporating prior knowledge and uncertainty into decision-making.…
artificial intelligence (ai) and machine learning (ml) Increasingly Financial Institutions (FIs)are focusing on data analytics as tool to develop a competitive edge in traditional market segments, as well as, in the under banked sectors of an economy. The challenge is…
Introduction[1]: The global landscape of digital payments is undergoing a profound metamorphosis, ushering in an era marked by platforms that transcend boundaries. At the forefront of this transformative wave is BRICS Pay, a joint initiative by the economic powerhouses of…
Melting iceberg on the ocean. Global warming and climate change concepts As the initial optimism that followed the adoption of the Paris Agreement in 2015 begins to wane, the practical obstacles and hindrances to the transition toward a low-carbon, sustainable…
Senate and House of Representatives of United States Government the stimulus package financial package government for people, American flag and US dollar cash banknote When the fiscal year ends on September 30, the US Congress needs to approve 12 bills…
Concept of financial, economic problems and inflation The inflation rates within the G20 nations are expected to stay elevated due, in part, to the recent decision by Russia and Saudi Arabia to extend oil production cuts despite growing evidence of…
English pounds note and coins caught by foreign dollars and euros before Brexit. De-dollarization is the process of reducing the reliance on the US dollar as the dominant currency in the global financial system. It can take various forms, such…
" It's essential for all countries to maintain prudent fiscal management practices to ensure the long-term sustainability of their debt " The level of debt is deemed unsafe by the International Monetary Fund (IMF) when there's a substantial risk that,…