President Arif Alvi said that international diplomacy can be a major tool in trying to prevent conflicts and opposed the idea of giving veto powers to emerging nations. File | Photo Credit: AP Pakistan President Arif Alvi on November 17 accused India of following the policy of “no peace” by ignoring cooperation with his country. … Read more
Countries failing to adhere to anti-money laundering (AML) guidelines for cryptocurrencies could find themselves added to the Financial Action Task Force’s (FATF’s) “grey list.” According to a Nov. 7 report from Al Jazeera, sources say the global financial watchdog is planning to conduct annual checks to ensure countries are enforcing AML and counter-terrorist financing (CTF) … Read more
Alphabet Inc. and Meta Platforms Inc. became two of the most valuable companies in the world by largely ignoring Wall Street and its concerns about their spending and big-money acquisitions. Now, in the thick of a slowdown in ad spending and with a potential recession looming, Wall Street is sending obvious signals that the parent … Read more
Breadcrumb Trail Links PMN Business Author of the article: Reuters Dhara Ranasinghe and John O’Donnell Article content LONDON — Earlier this year, markets were complacent as Russia massed troops on the Ukraine border. Now, they’re once again largely shrugging off Vladimir Putin’s signal that he could be prepared to use nuclear weapons. World shares weathered … Read more
The writer is a senior fellow at Brown University and global chief economist at Kroll In a world beset by multiple crises, officials may be looking past the biggest threat of all: China. The talk among central bankers at the Jackson Hole Federal Reserve Conference focused on inflation and rising interest rates. Absent was any … Read more
Breadcrumb Trail Links News FP Economy The combination of Penguin Random House and Simon & Schuster is receiving significant media attention in the U.S. In the United States, the Department of Justice (DoJ) is suing to block the proposed merger of Penguin Random House and Simon & Schuster Photo by Allen McInnis/Montreal Gazette files Article … Read more
View gallery Image Credit: Eric Charbonneau/Shutterstock Beyonce‘s new album, Renaissance, officially dropped on Friday, July 29, though the highly-anticipated project was unfortunately leaked two days early. However, Queen Bey’s loyal fans (known as the “Bey Hive”) waited until the proper release time to listen to the 16-song album. For that, Beyonce, 40, expressed her gratitude to her … Read more
Cristiano Ronaldo’s wish to leave Manchester United after only a year has passed on his contract is quickly becoming the central story of this summer’s football transfer market. However, it is one which is full of questions and uncertainties, with not one stand-out suitor for the signature of the Portuguese legend, and with United’s new … Read more