The Group of Twenty (G20) emerged from the financial turmoil that followed the collapse of the Thai currency in 1997, which rapidly spread financial instability from Thailand to the rest of Asia. At that time, the finance ministers and central bank governors convened to forge a strategy to stabilise the global economy and prevent future…
President Masoud Pezeshkian strikes conciliatory tone in interview broadcast on state TV but accuses US and Israel of fuelling unrest that has killed dozens. Published On 11 Jan 202611 Jan 2026 Click here to share on social media share2 Share President Masoud Pezeshkian has pledged to overhaul Iran’s struggling economy, saying his government is “ready…
From trade tensions and high debt burdens to fears of an AI stocks bubble, the global economy will face an array of risks that could dampen growth in the new year The global economy weathered a whirlwind of challenges in 2025, including sharp trade tensions, uneven yet moderate growth, and rising concerns over elevated inflation…
The global economy has shown resilience amid turbulence during the past year, including shifting trade policies – yet growth remains subdued and far below pre-pandemic levels, the UN said in a landmark report published on Thursday. The World Economic Situation and Prospects 2026 predicts that global economic output will grow by 2.7 per cent this…
A cargo ship sits in New York Harbor on Nov. 19, 2025 in New York City. Spencer Plat | Getty Images The U.S. Supreme Court on Friday could rule on the legality of President Donald Trump‘s tariffs, a decision poised to have far-reaching impacts on not only trade policy, but also the U.S. fiscal situation….
Widening demonstrations sparked by Iran’s ailing economy spread Thursday into the Islamic Republic’s rural provinces, with at least eight people being killed in the first fatalities reported among security forces and protesters, authorities said. The deaths may mark the start of a heavier-handed response by Iran’s theocracy over the demonstrations, which have slowed in the…
Mastercard Boosts Africa Acceptance Network by 45% in 2025, Accelerating the Continent’s Digital Economy. (Photo: AETOSWire) Mastercard has grown its acceptance network across Africa by 45 per cent in 2025 – a major milestone that brings millions more consumers and small businesses into the continent’s fast-expanding digital economy. This accelerated progress underscores the strong advancement…
The author, Cameron Kyle-Perumal, GM of M-KOPA South Africa and director of international strategy and growth for the group South Africa is home to one of the continent’s most sophisticated financial systems, yet 65% of respondents in a recent survey were declined credit by formal lenders, with rejection rates disproportionately concentrated among lower-income groups –…
New Delhi is deepening economic ties with Moscow, despite pressure from Washington. India is hedging between energy security and strategic partnerships. Despite pressure from the United States, it has continued buying cheap Russian oil and has recently strengthened economic ties with Russia — from trade to weapons and critical minerals. But this is a delicate…
A Sim card is, effectively, a portable identity token. Once compromised, it gives attackers a backdoor into bank accounts, digital wallets, investment apps and high-risk transactional environments. Sim-swap fraud, identity impersonation and large-scale Sim-farm operations are no longer fringe problems; they are industrialised criminal enterprises. The Communications Risk Information Centre 2025 Telecommunications Sector Report found…
