Economy
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Hungary says it is being ‘blackmailed’ by Ukraine over oil flows
An aide to Hungary’s prime minister on Friday accused Ukraine of blackmailing Hungary and Slovakia by halting oil deliveries after…
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Ferrari to accept crypto-payments in Europe
Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United…
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Thailand unveils billion-dollar handout scheme to boost economy
Thailand’s government unveiled a billion-dollar handout scheme on Wednesday that it hopes will boost the flagging economy but warned recipients…
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Singapore has world’s most powerful passport after unseating Europeans
Singapore edged past France, Germany, Italy and Spain to reclaim bragging rights as having the world’s most powerful passport. Having…
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Vietnam allows big companies to buy clean energy directly to meet climate targets
Vietnam will let electricity-guzzling factories buy electricity from wind and solar power producers, helping big companies like Samsung Electronics meet…
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War, economic chaos defied drive to end hunger in 2023: UN
Conflict, economic turbulence and extreme weather scuppered efforts to curb hunger last year, with around nine percent of the world’s…
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CrowdStrike says bug in quality control process led to botched update
A CrowdStrike software update that crashed computers globally last week hitting services from aviation to banking and healthcare was caused by a…
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NATO finds gaping holes in defenses of Europe
The war in Ukraine and the looming US presidential election dominated a NATO summit in Washington this month but, away…
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G20 finance ministers meet to seek consensus before US election
Finance ministers and central bankers from the Group of 20 meet this week to renew efforts to reach consensus on…
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Moody’s lifts Turkey credit rating on governance improvement
Moody’s said Friday that it has upgraded Turkey’s credit rating on improved governance and progress on inflation, while maintaining the…
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