EconomyMagazineWall Street braces for stormy weatherIFM CorrespondentJuly 11, 2022July 11, 2022 by IFM CorrespondentJuly 11, 2022July 11, 2022 Even during politically turbulent times, the markets outperformed, but their winning streak is finally over.... Read more
EconomyMagazineSri Lanka an island in perilIFM CorrespondentJuly 11, 2022July 11, 2022 by IFM CorrespondentJuly 11, 2022July 11, 2022 The country defaults on foreign debt; struggles with food, fuel & medicine shortages, hyperinflation, and civil discord.... Read more
EconomyMagazineMiddle East leading the way in COVID-19 recoveryIFM CorrespondentJuly 11, 2022July 11, 2022 by IFM CorrespondentJuly 11, 2022July 11, 2022 The Middle East’s economic recovery will continue to follow a mixed pattern given divergent growth strategies and policies across the region.... Read more
Banking and FinanceMagazineHow rattled is the US Federal Reserve?IFM CorrespondentJuly 11, 2022July 11, 2022 by IFM CorrespondentJuly 11, 2022July 11, 2022 Inflation rate sends stock markets into tailspin as S&P 500 falls over 2% and Nasdaq down over 3.5%.... Read more
FeaturedTechnologyWill shut down digital wallet Novi in Sept: MetaWebAdminJuly 8, 2022July 8, 2022 by WebAdminJuly 8, 2022July 8, 2022 The Novi pilot was shut down just five months after Silvergate Capital Corporation purchased Meta's stablecoin project, Diem... Read more
FeaturedOil & GasUkraine war impact: G7 proposes price cap on Russian oilWebAdminJuly 7, 2022July 8, 2022 by WebAdminJuly 7, 2022July 8, 2022 This year's G7 Summit was held at the castle resort in the Bavarian Alps and was dominated by the war in Ukraine and its impact on the economy... Read more
BusinessFeaturedIn last 3 years, 360 US newspapers go out of business: SurveyIFM CorrespondentJuly 5, 2022 by IFM CorrespondentJuly 5, 2022 It has been reported that some 70 million Americans are living with zero access to the daily newspapers or with only one news publication.... Read more
LogisticsMagazineHow to make hybrid work rightIFM CorrespondentJune 15, 2022June 16, 2022 by IFM CorrespondentJune 15, 2022June 16, 2022 A study by Microsoft titled ‘Work Trend Index’ found that currently, 38% of workplaces in the US have adopted a hybrid policy.... Read more
BankingMagazineBank deposits are expected to shrink, first in 80 yrsIFM CorrespondentJune 15, 2022June 16, 2022 by IFM CorrespondentJune 15, 2022June 16, 2022 Industry experts forecast a decline in bank deposits in the coming weeks due to interest rate hikes by the Fed.... Read more
EconomyMagazineSoaring food prices are tipping counties over the edgeIFM CorrespondentJune 15, 2022June 16, 2022 by IFM CorrespondentJune 15, 2022June 16, 2022 Cooking oil wholesale price has been projected to increase by 30% in 2022.... Read more