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Panama leak may exacerbate economic slowdown

Location:

PANAMA

The move comes in light of April 3's massive leak of documents from Panamanian law firm Mossack Fonseca. The fallout of the leak -- known as the 'Panama Papers' -- could seriously…

Volatility undercuts bitcoin’s effort to go mainstream

Location:

INTERNATIONAL

Bitcoin is benefiting from the growing institutionalisation of the investor base for digital tokens, and the appeal of crypto-assets as a hedge against the debasement of…

Mobile money services will expand in East Africa

Location:

EAST AFRICA

The carrier's performance was driven in part by a 34% increase in revenue from M-Pesa, its mobile money service. Among regions, sub-Saharan Africa (SSA) has the most active mobile…

US banking sector is changing faster than regulation

Location:

UNITED STATES

The Fed's quarterly survey of senior lending officers, released the same day, found that banks expect to tighten lending standards. This follows deposit flight during the banking…

South African banking sector growth may face headwinds

Location:

SOUTH AFRICA

This level was briefly reached in 2017, as well as during the 2008-09 global financial crisis. Interest rates are expected to rise further until inflation moves back within…

Cryptocurrency regulation in South Asia is diverging

Location:

SOUTH ASIA

Regulators worldwide are concerned about the impact of cryptos on systemic financial and political risks, yet progress on policy frameworks has been slow and the stance has…

Isolation from West will bring Russia and Iran closer

Location:

RUSSIA/IRAN

The two countries have turned to each other amid increasing isolation from international banking systems, export markets, and foreign resources and technologies. Deepening their…

Central bank digital currencies diverge and progress

Location:

INTERNATIONAL

European Parliament committees failed to submit EU legislation authorising the digital euro before the June parliamentary elections. Political reluctance is an obstacle in the…

Global Magnitsky Act will extend US sanctions reach

Location:

INT/US

The US Global Magnitsky Act.

The Saudi crown prince will relaunch his grand plans

Location:

SAUDI ARABIA

Crown Prince Mohammed bin Salman has started 2021 with a series of bold initiatives to give fresh impetus to visionary investment plans, after a pause because of reputational…