Press
Showing 301-320 of 738 Items
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Trade and Tech Council debrief
With the final statement published — and much glad-handing completed — senior EU and United States officials set out their stall for greater cooperation on trade and technolog...
By Emily Kilcrease
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Chinese regulators outlaw crypto in latest crackdown
Regulators in China are tightening their grip on industries at a dizzying pace — ratcheting up pressure that’s spared few sectors. Driving the news: The country’s most powerfu...
By Jordan Schneider
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Donors pledging billions in aid to Afghanistan face a challenge: Navigating the Taliban
One month after the fall of its U.S.-supported government to the Taliban, Afghanistan faces crises of astronomical levels: millions facing starvation, a nationwide liquidity c...
By Alex Zerden
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Bitcoin Won’t Save the Afghan People
Over the past few years, the residents of countries in financial distress have increasingly turned to cryptocurrency. In Kenya, Nigeria, the Philippines and Venezuela, crypto ...
By Alex Zerden
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Inflation could spark new global financial crisis, says Russia’s central bank
“Against this global setting, the CBR [Russian central bank] did the right thing of getting ahead of inflation with hikes,” said Elina Ribakova.Read the full story and more fr...
By Elina Ribakova
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U.S. Wrestles With Taliban Sanctions as Afghan Crisis Looms
America’s war in Afghanistan is over, but the fight over the Taliban’s finances is only beginning. The fate of billions of dollars of international reserves and foreign aid re...
By Alex Zerden
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Short on Money, Legal and Otherwise, the Taliban Face a Crisis
As Afghans pay surging prices for eggs and flour and stand in long lines at the bank, money changers like Enayatullah and his underground financial lifeline have found themsel...
By Alex Zerden
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The Taliban economy: Will drugs be enough to support the Afghan people?
That is what experts are saying the Taliban will soon find after the Biden administration’s decision to abandon Afghanistan was followed by a hostile takeover of the nation by...
By Alex Zerden
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Taliban Takeover Is a Boon for Cash-Strapped Iran
Read the full story and more from The Wall Street Journal....
By Rachel Ziemba
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China’s digital yuan is a warning to the world
In April 2020 a grainy screenshot of China’s sovereign digital currency, DCEP (short for Digital Currency/Electronic Payments) or the Digital Chinese Yuan (DCNY), was leaked o...
By Yaya J. Fanusie
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Economic Crisis Looms for Afghanistan Under Taliban Rule
As the Taliban take power in Afghanistan for the first time in 20 years, Afghans face not only a humanitarian crisis but also an economic crisis that threatens to make an alre...
By Alex Zerden
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Cutting the Taliban off from global trade could be a tall order
The head of Afghanistan’s central bank has fled the country. The U.S. has cut off the central bank’s access to reserves held here and may end up taking other steps to isolate ...
By Rachel Ziemba
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Ranking the Currencies That Could Unseat the Dollar
Half a century ago today, on August 15, 1971, U.S. President Richard Nixon took a momentous step. After World War II, the U.S. had used its leverage as the last advanced econo...
By Emily Jin
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The End of Exorbitant Privilege: Inflation, the Global Dollar and What Comes Next
This year has been rife with anxiety about inflation. Economist Lawrence Summers sent up an early warning flare in March, speculating that debt-financed government coronavirus...
By Yaya J. Fanusie
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Should Chinese Bitcoin miners move to the world and the United States should welcome it with open arms?
Since May this year, the Chinese government has severely cracked down on Bitcoin trading and mining, causing Bitcoin miners to have to look elsewhere. Including the states of ...
By Yaya J. Fanusie
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As Biden Prepares to Finally Leave, Iraq Faces a New 'Existential Crisis'
The headlines coming out of U.S. President Joe Biden’s meeting with Iraqi Prime Minister Mustafa al-Kadhimi last week were about the largely symbolic decision to end America’s...
By Rachel Ziemba
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Why does the Federal Reserve need a digital currency?
Digital money is nothing new—debit and credit cards have been with us for years. What’s changed is its pervasiveness. With fewer people carrying paper money, and with some pla...
By Yaya J. Fanusie
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Iraq's energy deals in limbo as US pledges help for clean projects
Iraq's $8 billion worth of energy deals with US companies clinched in August 2020 during the prime minister's inaugural visit to Washington have yet to bear fruit, but Mustafa...
By Rachel Ziemba
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Analysts still expect US, Iran to reach deal to lift oil sanctions despite growing delay
A deal to remove US sanctions on Iran's oil and other energy exports still remains the consensus view among analysts, but the possibility of talks collapsing has started to gr...
By Rachel Ziemba
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Iranian Oil Executive Removed From U.S. Sanctions List Remains Active in Sector
An Iranian oil executive removed from U.S. financial blacklists last month because he had resigned from Iran’s national oil company now holds senior positions with two Iranian...
By Jason Bartlett