The way money moves is increasingly digital — and soon, it may even be programmable. It’s one of the proof points coming out of a recently-concluded Visa-led pilot prototyping of Brazil’s blockchain-based Central Bank Digital Currency (CBDC), the Real Digital, which might enable innovative programmatic...
Online giant Amazon is increasing its drive to build its business in India. The company said that total exports from small to medium-sized businesses (SMBs) in that country has hit the $2 billion level, Reuters reported. “It took us three years-plus to hit the first...
Big-name clothing brands are either canceling orders or demanding big discounts from manufacturers in Bangladesh, a South Asian country that is already deeply suffering because of the economic fallout from the coronavirus, according to a Reuters report. Western brands that agreed not to cancel orders...
One day after India’s Prime Minister Narendra Modi extended the nationwide lockdown to May 3 due to the coronavirus pandemic, the country’s Commerce & Industry Department reported in a press release that merchandise exports fell by a record 34.6 percent in March while imports declined...
January 19, 2017
Talking down the dollar seems a new strategy for a new administration. Here’s what a weaker dollar may mean on stages large and small, from the macro to the micro level.
August 07, 2024
Contrary to widespread worries about a potential economic slowdown, shipping giant Maersk has reportedly seen no signs of a U.S. recession. Judging by the demand for shipping containers, the amount of goods being stored before delivery or processing, and the number of purchase orders from importers — which are three good indicators of the strength of […]
July 20, 2020
Online giant Amazon is increasing its drive to build its business in India. The company said that total exports from small to medium-sized businesses (SMBs) in that country has hit...
April 15, 2020
One day after India’s Prime Minister Narendra Modi extended the nationwide lockdown to May 3 due to the coronavirus pandemic, the country’s Commerce & Industry Department reported in a press...
March 08, 2020
Chinese exports have fallen by 17.2 percent in the first few months of this year due to the heavy toll of the coronavirus. The outbreak has disrupted global supply chains,...
