money Archives

Zimbabwe to introduce gold-backed digital currency

IFM CorrespondentMay 2, 2023

by IFM CorrespondentMay 2, 2023

In order to stop the recent significant depreciation of the Zimbabwe dollar on the black market, the RBZ is also thinking about putting more Mosi-oa-Tunya gold coins onto the market...

Economy Magazine

Dictating markets: Understanding Fed’s policy instruments

IFM CorrespondentApril 20, 2023April 20, 2023

by IFM CorrespondentApril 20, 2023April 20, 2023

The Fed and other central banks worldwide employ short-term interest rate manipulation as their primary instrument...

Featured Islamic Finance

Warba Investment Management: Leading investors to success with a total portfolio approach

IFM CorrespondentApril 11, 2023

by IFM CorrespondentApril 11, 2023

Warba Investment Management’s products comply with four principles: true diversification, superior skill, consistency in performance, and cost efficiency...

Banking Featured

Global banking crisis: Something catastrophic is coming

IFM CorrespondentApril 6, 2023April 6, 2023

by IFM CorrespondentApril 6, 2023April 6, 2023

Credit Suisse’s profitability and the future of its investment banking section were under scrutiny...

Featured Markets

Billionaire businessman Richard Branson’s Virgin Orbit fires 85% of employees

IFM CorrespondentApril 4, 2023April 4, 2023

by IFM CorrespondentApril 4, 2023April 4, 2023

According to Virgin Orbit CEO Dan Hart, the company has stopped operating for the foreseeable future...

Featured Wealth Management

Can money buy happiness? Yes, says latest study

IFM CorrespondentMarch 17, 2023March 17, 2023

by IFM CorrespondentMarch 17, 2023March 17, 2023

The new study contradicts the research conducted in 2010 which stated that money can only boost happiness to a certain point which was then estimated to be about USD 75,000 in annual earnings...