Category Archives: Business

17Apr/23

Reasons why Purchasing-power parity is a better metric for comparing people’s well-being than Exchange rates

April 17, 2023EconomyChina, Currency, Economy, Economy of China, Exchange rate, Foreign exchange market, Gross domestic product, India, International economics, International United States dollar, Parity, Purchasing power, Purchasing power parity, Relative purchasing power parity, United Statesadmin

April 17, 2023 /Economy/ — Purchasing-power parity (PPP) is a measure of the value of different currencies, taking into account the cost of living in different countries. It is often used to compare the standard of living in different countries.

Exchange rates, on the other hand, are the prices of one currency in terms of another. They are determined by supply and demand in the foreign exchange market.

There are a few reasons why PPP is a better metric for comparing people’s well-being than exchange rates. Continue reading →

17Apr/23

The future of AI-powered disinformation

April 17, 2023MediaActive Measures Working Group, Artificial intelligence, Black propaganda, Deception, Disinformation, Fake news, Human behavior, Media manipulation, Operation Infektion, Propaganda, Propaganda techniques, Psychopathy, United Statesadmin

April 17, 2023 /MEDIA/ — The future of AI-powered disinformation is a concerning one. As AI technology continues to develop, it will become increasingly easy to create and spread false or misleading information. This could have a devastating impact on our society, as it could erode trust in institutions, undermine democracy, and lead to violence.

There are a number of ways in which AI could be used to spread disinformation. For example, AI could be used to create fake news articles, social media posts, and videos that are designed to look like they are from legitimate sources. AI could also be used to target people with personalized disinformation, based on their interests and beliefs.
Continue reading →

17Apr/23

Future of the dollar, as oil deals are increasingly done in other currencies

April 17, 2023EconomyChina, Chinese Yuan Renminbi, Currency, Dollar, Economy, Foreign exchange market, Hard currency, International finance, Monetary hegemony, Money, Reserve currency, Trade wars, United States, US Dollar, World currencyadmin

April 17, 2023 /Economy/ — The future of the dollar as the world’s reserve currency is uncertain. The dollar has been the world’s reserve currency for over 70 years, but there is a growing trend of countries using other currencies for oil deals. This trend is being driven by a number of factors, including the rise of China and other emerging economies, the increasing volatility of the dollar, and the desire of some countries to reduce their reliance on the United States.
Continue reading →

16Apr/23

Zambia’s digital asset regulation tests framework

April 16, 2023FinanceCryptocurrency, Decentralization, Financial technology, Regulator, Uberisation, Zambiaadmin

April 16, 2023 /Finance Technology/ — Zambia is currently testing a technology that would form the foundation of digital asset regulation. The tests are being conducted by the Bank of Zambia (BoZ) and the country’s securities regulator, the Securities and Exchange Commission (SEC).

The tests are designed to assess the feasibility of regulating digital assets in Zambia. They are also designed to identify any potential risks associated with digital assets and to develop mitigation strategies. Continue reading →

16Apr/23

What is in Zambia’s debt restructuring proposal sent bondholders?

April 16, 2023EconomyBankruptcy, China, Debt, Debt relief, Debt restructuring, Economy, Eurozone, External debt, Finance, Insolvency, International Monetary Fund, Money, Zambiaadmin

April 16, 2023 /Finance/ — If Zambia’s debt restructuring proposal is successful, it will help to improve the country’s economic outlook and create a more stable environment for businesses and investors. This will ultimately benefit the Zambian people by creating jobs, improving infrastructure, and providing access to basic services.

It is important to note that there are a number of risks associated with Zambia’s debt restructuring proposal. If the proposal is not successful, it could lead to a further deterioration in Zambia’s economy and could potentially lead to a default on Zambia’s debt.

Zambia sent a debt restructuring proposal to bondholders on April 14, 2023. The proposal includes the following key points: Continue reading →

16Apr/23

Internship Programs Designed to Foster Connections and Bolster Career Development for Zambian College Students

April 16, 2023BusinessInternships, Mastercard Foundation, the mastercard foundation, Zambiaadmin

April 13, 2023 /Technology/ — These are just a few of the many internship programs available to Zambian college students. For more information, please visit the websites of the organizations listed.
Here are some internship programs designed to foster connections and bolster career development for Zambian college students:
Continue reading →

16Apr/23

Financial Literacy and Inclusion. How to ensure that financial services deliver for everyone.

April 16, 2023FinanceAcademic disciplines, Articles, Cycle of poverty, Economy, Financial economics, Financial inclusion, Financial literacy, Financial Literacy Month, Literacy, London, OECDadmin

LONDON, 13 April 2023 / Policy/ –Financial literacy and inclusion are essential for a strong and vibrant economy. When people have the knowledge and skills to manage their finances, they are better able to save, invest, and plan for the future. They are also less likely to fall into debt or become victims of financial fraud.
There are a number of things that can be done to improve financial literacy and inclusion. One is to provide more financial education in schools and workplaces. Another is to make financial products and services more accessible to everyone, regardless of income or background. Finally, it is important to break down the stigma associated with debt and financial hardship.

Here are some specific ways to improve financial literacy and inclusion: Continue reading →

16Apr/23

Impact of the Al Jazeera’s Gold Mafia Investigation in Africa and its leaders

April 16, 2023FinanceBusiness law, Corruption, Crime, Financial Action Task Force on Money Laundering, Financial regulation, London, Money laundering, Patriot Act, Patriot Act, Title III, Tax evasion, Terrorism, Title IIIadmin

LONDON, 13 April 2023 / — It is still too early to say what the full impact of Al Jazeera’s Gold Mafia investigation will be on Africa and its leaders. However, the investigation has already had a number of significant impacts. Continue reading →

16Apr/23

Summary of The IMF Transcript of the 2023 Fiscal Monitor Press Briefing

April 16, 2023Economyadmin

The IMF Transcript of the 2023 Fiscal Monitor Press Briefing discusses the following topics:

The impact of the pandemic on fiscal policy.
The role of fiscal policy in supporting monetary policy.
The need to reduce debt levels.
The risks to financial stability.
The need to support vulnerable members.
Continue reading →