EnergyFeaturedEnergy crisis: Time for Europe to look away from natural gas?International Finance Business DeskNovember 25, 2022November 25, 2022 by International Finance Business DeskNovember 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
FeaturedTradingChanging tides of Russia’s trade with EuropeInternational Finance Business DeskNovember 15, 2022 by International Finance Business DeskNovember 15, 2022 Vincent Stamer said losing 25% of a nation's imports is significant when it comes to trade... Read more
CurrencyFeaturedIs 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
FeaturedOil & GasRising oil costs could hamper Vietnam’s economic growth: ExpertInternational Finance Business DeskSeptember 19, 2022September 16, 2022 by International Finance Business DeskSeptember 19, 2022September 16, 2022 HSBC experts projected that Vietnam's economy would continue to grow despite a less optimistic external outlook... Read more
EconomyFeaturedRussia 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
EconomyFeaturedUK 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
BankingFeaturedUkraine 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
AviationFeaturedAirlines 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
EconomyMagazineImpact of Covid-19 on the European Union EconomyIFM CorrespondentMarch 21, 2022June 7, 2022 by IFM CorrespondentMarch 21, 2022June 7, 2022 IMF predicted that the Eurozone public deficit reached a new high of 10.1% of GDP in 2020... Read more
BankingFeaturedRevolut Bank granted full banking licence in Lithuania by ECBIFM CorrespondentDecember 22, 2021 by IFM CorrespondentDecember 22, 2021 The bank has been operating with a specialised European Union (EU) banking licence since 2018... Read more