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
Banks are financial institutions that provide various services to individuals, businesses, and governments. They are essential for the functioning of the economy, as they facilitate the flow of money, credit, and investments. However, not all banks are the same. There are different types of banks th
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...
The yuan has continued to depreciate against the dollar since August 2015Government policy|Infrastructure|NewsAuthor:Kim DarrahTop 5Top 5 forces that will shape international finance in 2023Top 5 fema...
TranscriptWorld Finance: Greece’s debt is largely believed to be unsustainable and unrepayable; is this the case?Steve Hanke:They even have debt of €1.5bn that’s coming due in, I believe, the end of F...
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
With global electricity needs growing with each passing year, innovative companies like Iberdrola are intensifying their search for sustainable solutionsCorporate Governance|Featured|StrategyAuthor:Ib...
Tehran, Iran. The country's oil industry has been particularly baldy hit by the recent US sanctions and this new European mechanism will not cover transactions related to this sectorFeatured|MarketsAu...
Abu Dhabi, where Union National Bank's headquarters are basedBanking|Retail bankingAuthor:Mohammad Nasr Abdeen, CEO of Union National BankTop 5Top 5 forces that will shape international finance in 202...