Yesterday, May 8, 2023 marked 78 years since the end of the Second World War in Europe - VE Day. While the conflict which claimed millions of lives on European soil is firmly committed to the annals of history, Statista's Martin Armstrong notes that war in the East of the continent is still a harsh ...

Malaysia has been ranked third behind Russia and the Czech Republic in the latest instalment of The Economist magazine’s crony-capitalism index, which first estimated how much plutocrats profit from rent-seeking industries almost a decade ago. In the latest edition published on Tuesday (May 2), The ...

Investors excited about AI in the unfolding ChatGPT era have helped cultivate blazing outperformance by tech stocks in the US stock market, but analysts say headwinds are stiffening for the pricey sector as the Federal Reserve signals interest rates are going even higher than anticipated.   The S&P ...

A US Navy guided-missile destroyer sailed through the Taiwan Strait on Thursday in the first US transit of the sensitive waterway of 2023. The US Navy’s Seventh Fleet said the USS Chung-Hoon made the passage. Entering the new year, tensions between the US and China over Taiwan are rising as Washingt...

The vast majority of economists at 23 large financial institutions surveyed by The Wall Street Journal predict that the United States will fall into the grips of a recession in 2023 and that millions of Americans will lose their jobs. More than two-thirds of the nearly two dozen institutions—which i...

Friend of Fringe Finance Mark B. Spiegel of Stanphyl Capital released his most recent investor letter last week, with his updated take on the market’s valuation and Tesla. Mark is a recurring guest on my podcast (and will be coming back on again soon hopefully) and definitely one of Wall Street’s ic...

As the 2022 chapter closes, it’s time to turn our eyes to what’s coming in 2023. Here are some themes I’m seeing for Bitcoin in 2023. REGULATORY OVERREACH The Financial Action Task Force’s (FATF) Travel Rule is forcing exchanges and bitcoin service providers to document and share ever-more informati...

With some regions of America enjoying gasoline prices below $3 a gallon after a summer that saw the national average exceed $5 for the very first time, it’s tempting to lull oneself into thinking cheap gas will last. In fact, it won’t last for very much longer at all, especially with this administra...

The United Kingdom will face one of the longest recession and weakest recovery among G7 countries throughout 2023 due to long-term inflationary effects of the pandemic and conflict in Ukraine, the US media reported, citing leading UK economists. According to economists interviewed by the media, the...

Tijani Ahmed waves his brand-new voter’s card and points to his date of birth. He turned 18 in February, and 2023 would be the very first time he would be voting. He rides a commercial tricycle in Abuja for a living. Every member of his family who could vote, according to him, voted for Muhammadu Bu...

Nigeria is to join the league of vaccine-producing nations, as May & Baker has announced plans to open a vaccine production facility in the second quarter of 2023. The Federal Government had in 2020 signed a Memorandum of Understanding (MoU) with Biovaccine Nigeria Limited (BVNL) for the local produ...

Sales of U.S. crude to other nations are now a record 3.4 million barrels per day Export terminal operators are rushing to boost their capacity HOUSTON: The United States has become a global crude oil exporting power over the last few years, but exports have not exceeded its imports since World War...