Russian Finance Minister Talks Up BRICS Bank
Photo of BRICS leaders courtesy of Alan Santos/PR under Creative Commons Attribution 2.0 Generic license. At the opening ceremony of the New Development Bank’s (NDB) eighth annual meeting in Shanghai…
Price Inflation In British Shops Soars
New data from the British Retail Consortium (BRC) released Tuesday showed that in the UK, annual inflation has surged to its highest levels in 18 years in May, even as…
Asian Nations Develop Alternative To SWIFT Financial Messaging System
The Iranian newspaper Kayhan is reporting that the Asian Clearing Union (ACU), a group of nine central banks which includes India, Pakistan, and Iran, will launch a new cross-border financial…
Target Shares Nosedive Off LGBTQ Controversy
Amid continuing backlash over an LGBTQ-friendly children’s clothing line, Target has seen $13.8 billion in market capitalization wiped out as its stock has hit its lowest levels in almost three…
