Eunice Ofori has a unique background, originally from Ghana where she worked as an educator for 20 years. In 2011, she moved to the U.S. with her husband, who was starting his PhD program. She was drawn to the American education system and its efforts to support students with disabilities, something that was lacking in … Read more
A Russian court has fined Google two undecillion roubles – a two followed by 36 zeroes – for restricting Russian state media channels on YouTube. In dollar terms that means the tech giant has been told to pay $20,000,000,000,000,000,000,000,000,000,000,000. Despite being one of the world’s wealthiest companies, that is considerably more than the $2 trillion … Read more
Israel Patrick Kingsley serves as The Times’s bureau chief in Jerusalem. The polls clearly show that Israelis would predominantly vote for Trump if given the chance. However, regardless of the election outcome, the long-term impact is expected to be limited. Israeli society, as well as the government, currently holds stronger opposition towards Palestinian statehood and … Read more
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is planning to reduce the share of its international investments by about a third, signaling a shift towards focusing more on the domestic economy. With approximately $930 billion in assets, the PIF aims to decrease the proportion of funds invested overseas to between 18 and … Read more
Dolce & Gabbana, a brand synonymous with luxury, elegance, and innovation, has become one of the most recognizable names in the fashion world. From its humble beginnings on the Italian runway to becoming a global icon, Dolce & Gabbana’s journey has been nothing short of extraordinary. Let’s take a closer look at the evolution of … Read more
An “alarming” shift towards economic protectionism poses a threat to the global economic recovery, top officials have cautioned as the race for the US presidential election nears its end. Speaking at the IMF’s annual meetings with the World Bank in Washington, officials expressed relief at signs of a soft landing for the global economy, avoiding … Read more
UBS Global Wealth Management has upgraded its view on global equities from “neutral” to “attractive”, citing several factors such as resilient U.S. economic growth, monetary policy easing by major central banks, and an artificial intelligence (AI) boom. The analysts at UBS expressed confidence in the economic growth, stating that central banks have been proactive in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC Hong Kong has recently become a direct participant in China’s international payments system, marking a significant step for the world’s largest player in trade finance. This move gives HSBC a key role in Beijing’s … Read more
Janet Yellen, the Treasury Secretary, addressed world financial leaders on Tuesday, emphasizing the strength of the U.S. economy under the Biden administration’s rejection of isolationism. This was seen as a criticism of former President Donald Trump’s policies, just two weeks before the U.S. election. Yellen highlighted the U.S. economic growth during the IMF and World … Read more
Russian President Vladimir Putin attended the BRICS Business Forum in Moscow, Russia on October 18, 2024. Alexander Zemlianichenko | Via Reuters Russia is hosting the latest BRICS summit, welcoming its geopolitical allies and promoting its agenda to establish a “new world order” that challenges the Western powers. The BRICS group initially consisted of Brazil, Russia, … Read more