Inflation, a term that often stirs up concern among individuals and policymakers alike, can be a double-edged sword. It can play the role of both a friend and a foe, depending on the circumstances.On one hand, inflation can be a friend, indicative of a robust economy. It can be particularly be
In an era where sustainability is no longer a choice but a necessity, Baiduri Bank has taken a bold step forward. The bank has pledged its commitment to sustainable banking and introduced a new brand promise: “Co-creating your future”. This promise is not just a tagline, but a reflection of the ba
Preet Bharara, US attorney for the Southern District of New York, discusses the charges being faced by two former pharmaceutical executives for their participation in an illegal kickback schemeMarkets...
Rui Cartaxo, the CEO of REN (Redes Energéticas Nacionais), is a visionary who sees beyond the borders of Portugal and envisions a global footprint. REN is one of the few companies worldwide that manages both electricity and natural gas infrastructures, and Cartaxo is at the helm, steering it toward
Money creation is a complex process that involves various actors and institutions. Banks, in particular, play a crucial role in this process, as they are the ones responsible for creating most of the money in circulation. In this article, we will explore the process of money creation by banks and pr
In the face of ongoing economic challenges, India’s Finance Minister, Nirmala Sitharaman, finds herself under increasing pressure. Sitharaman, who made history in 2019 as India’s first full-time female finance minister, is tasked with steering the country towards its economic potential. However, t
What Is an Automated Teller Machine (ATM)?An automated teller machine (ATM) is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representat...
In the world of business and technology, the term ‘disruption’ often carries negative connotations. It is associated with uncertainty, upheaval, and the displacement of established systems or practices. However, viewing disruption solely as a destructive force overlooks its potential to a
Indonesian President Joko Widodo and his wife Iriana after voting in the 2019 election. Jokowi won a second term with 55.5 percent of the voteFeatured|Markets|Special reportsAuthor:Elizabeth Matsangou...