FeaturedOil & GasWill Saudi Arabia, UAE bail out from oil crisis?IFM CorrespondentAugust 4, 2022August 3, 2022 by IFM CorrespondentAugust 4, 2022August 3, 2022 OPEC was established in 1960 as a cartel with the intention of controlling the price and supply of oil globally.... Read more
EconomyFeaturedSingapore’s new farms — multi-story car parksIFM CorrespondentAugust 3, 2022 by IFM CorrespondentAugust 3, 2022 Launching the farm cost about USD 1 million, with a large portion of the funds going toward equipment to facilitate faster harvesting.... Read more
FeaturedTechnologyWhy is SpaceX CEO Elon Musk launching thousands of satellites?IFM CorrespondentAugust 3, 2022August 3, 2022 by IFM CorrespondentAugust 3, 2022August 3, 2022 Starlink offers internet services and is intended for residents of distant locations without access to high-speed internet.... Read more
EconomyFeaturedIMF reveals why Asia economies need rapid rate hikesIFM CorrespondentAugust 2, 2022August 2, 2022 by IFM CorrespondentAugust 2, 2022August 2, 2022 Krishna Srinivasan did not specify which economies would have to quickly increase interest rates.... Read more
FeaturedTechnologyTop 5 Crypto social media platforms in 2022IFM CorrespondentAugust 2, 2022 by IFM CorrespondentAugust 2, 2022 Revenue worth trillions of dollars is generated by social media giants like Facebook, Twitter, and Google.... Read more
EconomyFeaturedZimbabwe increases benchmark rate: Citizens to face inflation’s ripple effect?IFM CorrespondentAugust 1, 2022August 1, 2022 by IFM CorrespondentAugust 1, 2022August 1, 2022 Of late, Zimbabwe has witnessed an increase in the prices of imported food, petrol, fertilizer, and other commodities.... Read more
FeaturedOil & GasDecline of Nigeria crude exports: Country heading towards economic collapse?IFM CorrespondentAugust 1, 2022 by IFM CorrespondentAugust 1, 2022 The Excess Crude Account and fuel subsidies have depleted state coffers in the first four months of 2022.... Read more
EconomyFeaturedCould Bangladesh be next Sri Lanka?IFM CorrespondentJuly 29, 2022July 29, 2022 by IFM CorrespondentJuly 29, 2022July 29, 2022 According to central bank data, Bangladesh’s July to May current account deficit was $17.2bn.... Read more
FeaturedTechnologyChess-playing robot in Russia breaks finger of opponentIFM CorrespondentJuly 29, 2022July 29, 2022 by IFM CorrespondentJuly 29, 2022July 29, 2022 The viral video which is doing rounds all over social media shows the boy’s finger getting stuck in between the robotic arm for several seconds.... Read more
Banking and FinanceFeaturedZimbabwe’s inflation control plan: Gold coins for everyone?IFM CorrespondentJuly 28, 2022 by IFM CorrespondentJuly 28, 2022 Recently, Zimbabwe's central bank gave 2,000 coins to commercial banks.... Read more