The US economy is often considered the backbone of the global financial system. It has been showing signs of weakness in recent months, with data pointing towards sluggish growth and lower-than-expected performance in various sectors. This has led to a ripple effect on global markets, impacting not only the US dollar index but also other […]
Technology
The International Monetary Fund warned on Tuesday of a “perilous combination of vulnerabilities” in financial markets, saying participants’ failing to adequately prepare for interest rate increases has led to significant uncertainty about the health of the financial system. Moreover, the global lender said U.S. regional banks in particular may warrant closer scrutiny after the largest […]
Credit Suisse has already paid back some of the emergency liquidity offered by the Swiss National Bank (SNB), data suggested on Tuesday, signaling an ebbing of the liquidity crisis which triggered the lender’s fall. Sight deposits – cash held by commercial banks overnight with the SNB – fell by 31 billion Swiss francs ($34.3 billion)last […]
The US-China rivalry in Africa and the impact of digitalization on their competition are intensifying. With the growing importance of technology in Africa, both countries have been intensifying their efforts to gain influence on the continent. Digitalization has become a major force in shaping global politics, including the US-China rivalry in Africa. As the two […]
In this piece, we will explore the role of the telecom industry in the globalization of the gig economy. With the rise of high-speed internet and communication technologies, workers can now seamlessly connect with employees and clients globally. __________________ From pixels to paychecks, the gig economy has taken the world by storm, promising unprecedented autonomy […]
Blockchain technology is being used to promote sustainability and transparency across various industries. One area where it is making a significant impact is supply chain management. ____________________ Blockchain is not just a technological marvel, but also a catalyst for positive change. As the world grapples with urgent environmental challenges, blockchain is emerging as a formidable […]
The foreign ministers of Iran and Saudi Arabia met in Beijing on Thursday for the first formal gathering of their top diplomats in more than seven years, after China brokered a deal to restore relations between the top regional powers. After years of hostility that fuelled conflicts across the Middle East, Iran and Saudi Arabia […]
Telecom mergers and acquisitions have raised concerns about their impact on competition, innovation, and investment in the telecommunications industry. ________________ The telecommunication industry has witnessed several mergers and acquisitions of large companies. These actions have raised concerns about their impact on competition, market shares, and customer benefits. While the intentions of these companies may be […]
The US government’s ban on TikTok, a popular video-sharing app, has unintended consequences for both the US and China. The move was part of a larger effort to counter China’s growing influence in the global economy and technology sector. ______________________________ Three years ago, the United States government raised national security concerns over the popular video-sharing […]
Mobilise debriefs on the telecoms calendar’s biggest event of the year The general consensus following this year’s Mobile World Congress (MWC) is in-person events are back. Finally returning to post-pandemic numbers of attendees and exhibitors, 2023 saw a fully-fledged MWC. With so much going on it was impossible for visitors to catch sight of everything, […]