Featured TransportIs 2022 best year for EVs? Over 10.2 million cars sold globally, Tesla leads the raceIFM CorrespondentMarch 9, 2023March 9, 2023 by IFM CorrespondentMarch 9, 2023March 9, 2023 In March 2023, Tesla cut the prices of its Model S sedan and Model X SUV in the United States... Read more
Economy MagazineEurope’s energy conundrumIFM CorrespondentDecember 15, 2022March 16, 2023 by IFM CorrespondentDecember 15, 2022March 16, 2023 Europe is now on the verge of recession, if not already in one, and the worst looks yet to come... Read more
Energy FeaturedEnergy crisis: Time for Europe to look away from natural gas?WebAdminNovember 25, 2022November 25, 2022 by WebAdminNovember 25, 2022November 25, 2022 Amid energy crisis, EU is preparing some 20 floating terminals to process liquefied natural gas from non-Russian sources like US and Azerbaijan into natural ones... Read more
Featured TradingChanging tides of Russia’s trade with EuropeWebAdminNovember 15, 2022 by WebAdminNovember 15, 2022 Vincent Stamer said losing 25% of a nation's imports is significant when it comes to trade... Read more
Currency FeaturedIs strong US dollar bad news?Prajwal WeleOctober 6, 2022 by Prajwal WeleOctober 6, 2022 When the US dollar value increases, it costs more to settle debts with money earned in local currencies... Read more
Featured Oil & GasRising oil costs could hamper Vietnam’s economic growth: ExpertWebAdminSeptember 19, 2022September 16, 2022 by WebAdminSeptember 19, 2022September 16, 2022 HSBC experts projected that Vietnam's economy would continue to grow despite a less optimistic external outlook... Read more
Economy FeaturedRussia defaults on foreign debt, the first time since 1918IFM CorrespondentJune 29, 2022June 29, 2022 by IFM CorrespondentJune 29, 2022June 29, 2022 Russia has already missed its deadline on Sunday night when it had to meet the 30-day grace period.... Read more
Economy FeaturedUK inflation rate hits 40-year high at 9.1%IFM CorrespondentJune 24, 2022 by IFM CorrespondentJune 24, 2022 The Office for National Statistics said that consumer price inflation rose slightly from 9% in April.... Read more
Banking FeaturedUkraine raises its interest rate to 25%, the highest in EuropeIFM CorrespondentJune 7, 2022 by IFM CorrespondentJune 7, 2022 Ukraine's economy could contract by up to 45% in 2022.... Read more
Aviation FeaturedAirlines across globe may drop mandatory mask ruleIFM CorrespondentMarch 29, 2022 by IFM CorrespondentMarch 29, 2022 Airlines in the Netherlands led by KLM are dropping the mask rule for passengers.... Read more