World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts By Jan Nieuwenhuijs of Gainesville Coins Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve...
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the system to facilitate this,” the Reserve Bank of India (RBI) said the initiative is expected “to enhance access and expand choices available to users.” Non-Bank […]
Happy Friday! Ecommerce major Flipkart held talks with Zepto for a potential deal. More on that in today’s ETtech Morning Dispatch.Also in the letter:■ Agilitas-Lotto deal■ Layoffs at Good Glamm Group■ Swiggy integrates Mall with Instamart Exclusive: Flipkart’s talks to buy majority stake in Zepto falter 109417440From left: Flipkart CEO Kalyan Krishnamurthy, Zepto cofounders Kaivalya Vohra and Aadit PalichaEcommerce major Flipkart made an offer to buy a majority stake in...
Revolut has unveiled today the launch of its refinancing credit facility. The initial clients have already been invited to explore the personal loan refinance offer. Credit services are provided by Revolut Bank, licensed in Lithuania and under the ECB, operating across the European Economic Area. Revolut celebrates reaching the milestone of 1.3 billion lei in […]
What are the best Apple deals? This April, find sales on many Apple products at Best Buy, Amazon, Walmart, Target, B & H and more.
Inflationary pressures are slowing further in the Czech Republic, but it
Deputy Secretary of the Treasury Wally Adeyemo gave the Senate Banking Committee an update on Banking, Housing, and Urban Affairs. Adeyemo has been a vocal advocate of increasing the regulatory
This Anker Nano Power Bank has dropped to a bargain price. Amazon is currently selling the Anker Nano Power Bank portable charger for £29.99, which is a 40% saving on the £49.99 recommended retail price. This is a great price for the kind of unassuming gadget that will quickly become a staple inclusion in your travel bag. Save 40% on the Anker Nano Power Bank 30W The Anker Nano Power Bank 30W is selling at a 40% discount on Amazon right now. ...
When it comes to protecting your finances, money expert Clark Howard is all in on freezing your credit. “A credit freeze is the best way to protect yourself from identity thieves,” says Clark. At Clark.com, we want to make it as easy as possible for you to safeguard your credit and your money at all […]
The results from the nation's second-largest lender offer the latest example of how even the biggest banks are increasingly challenged by high interest rates.
The Central Bank of Egypt (CBE) announced an increase in daily cash withdrawal limits, the country’s State Information Service reported on 15 April. Bank branches now allow withdrawals of up to EGP 250,000 (USD 5,170) for individuals and companies – up from EGP 150,000 (USD 3,102) in January 2024. The adjustment, the second of its kind, follows the previous lift from EGP 50,000 (USD 1,034) to EGP 150,000 (USD 3,102). The daily ATM withdrawal limit was also raised to EGP 30,000 (USD 620) from the...
The best gaming laptops, especially those equipped with the best processors