Bitcoin price steady as $10B asset manager scoops up 10,000 BTC
Bitcoin (BTC) is winning the battle of the safe havens as another corporate buy-in sees $115 million enter its books. Asset management giant Stone Ridge...
Tag : IMF
Geopolitical fallout of central bank digital currencies
Chinaâs Digital Currency Electronic Payment system is at the forefront of news around central bank digital currencies, or CBDCs. As China will be the first...
âSo Many Things Wrongâ With IMF Education Video, Says Crypto Twitter
An old International Monetary Fund video explaining the benefits and disadvantages of cryptocurrency has resurfaced on social media, and many viewers are largely unimpressed. The...
Nigeriaâs $1.5 billion World Bank loan delayed over reforms â sources
ABS-CBN The World Bank is unlikely to approve a much-needed $1.5 billion for Nigeria in August as planned due to concerns over desired reforms, three...
Algeria economy rocked by one-two punch of coronavirus crisis
Currency depreciation, inflation, negative growth, businesses closed: Algeriaâs economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues. And...
US slaps sanctions on Zimbabwean tycoon
The US on Wednesday imposed sanctions against a business tycoon with close links to Zimbabwean President Emmerson Mnangagwa and former leader Robert Mugabe for allegedly...
IMF approves $171.9 million to Madagascar to address coronavirus pandemic
The International Monetary Fund (IMF) approved $171.9 million of funding to Madagascar, it said on Thursday, bringing the total COVID-19 emergency support to the country...
IMF approves $7.6 million debt relief to Burundi
The International Monetary Fund said it had approved $7.6 million debt relief to Burundi to help address the economic impact of the COVID-19 pandemic. It...
Lebanon central bank sets up committee to restructure banks
Lebanonâs Central Bank has set up a committee to restructure financially-stricken commercial banks and study their performance, a memo by the bank seen by Reuters...
IMF, World Bank to hold fall meetings virtually due to coronavirus
The IMF and World Bank Group announced Thursday that their annual fall meetings will be mostly virtual due to the coronavirus pandemic. âAs we continue...