Economics, Policy & Regulation
Arab League Hears Pitches For Multipolar Politics
Syria returns to the Arab League as Ukrainain PresidentVolodymyr Zelenskyy asks Arab nations to use their ties with Russia to end the war in Ukraine.
Economics, Policy & Regulation
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Economics, Policy & Regulation
Hong Kong: E-Currency Pilot To Pave Way For Broad Consumer Use
Sixteen banks and payment firms are involved in a trial using the “e-HKD,” including the three note-issuing banks—HSBC, Standard Chartered and the Bank of China (Hong Kong).
News
Japanese, South Korean Leaders Meet But Normalization Remains Elusive
Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol visited a memorial to Koreans killed when the first atomic bomb was dropped on the city 78 years agoyet fully normal diplomatic ties between Tokyo and Seoul still appear to be a long way off.
News
Kenya: Economic Turmoil Awaits New Central Bank Governor
The new Central Bank of Kenya governorKamau Thugge brings with him a stellar résumé of previous experience in government and 25 years at the IMF.
Economics, Policy & Regulation
US Talent Turns Away From Accounting Profession
Fewer American students are choosing to become CPAs at a time when older accountants are increasingly leaving the field.
Economics, Policy & Regulation
China Proposes Security Assessment For AI Tools
According to China's newproposed regulations, companies providing generative AI services must prevent false information and content that is discriminatory or harmful to intellectual property or personal privacy rights.
Economics, Policy & Regulation
Finland: Orpos Uphill Path To A New Government
Finland’s conservative National Coalition Party came first in elections but fell short of the majority needed to form a government on their own.
Economics, Policy & Regulation
Germany: Last Nuclear Plant Shut Down
Germany's closure of its last nuclear power facilities amid potential energy shortages and rising prices due to the end of gas and oil imports from Russia.
Economics, Policy & Regulation
France: Macron Pushes Through Pension Overhaul
The 2023 Social Security Financing Adjustment Law raises the retirement age from 62 to 64, with a requirement that the retiree has worked at least 43 years; otherwise, workers must wait until they turn 67.
Economics, Policy & Regulation
Mexico Steps Up As Largest US Trading Partner
Mexico surges ahead of China as America's top trading partner in part due to geopolitical tensions and Covid-related disruptions.
Economics, Policy & Regulation
Singapore: Long-Serving Central Bank Chief Steps Down
Veteran central banker Ravi Menon is set to step down as managing director of the Monetary Authority of Singapore.
Economics, Policy & Regulation
Companies Face Tougher Standards
Silicon Valley Bank and other recently collapsed banks all received clean bills of health from outside auditors raising the question of whether accounting standards themselves need to be reformed.