The South African rand declines amid low trading volumes.
Johannesburg South Africa’s rand weakened on Monday in a thin trading session ahead of the year-end.
Global Trade
Crypto has the potential to be accepted by mainstream society but only if it can overcome its own obstacles.
American president openly plugging their products and installing cheerleaders in positions where once there were cops. Mainstream money is flowing in. A US bitcoin reserve is on the table.
Trade barriers are increasing
There is increasing evidence of inward-looking trade policies which could generate further uncertainty for the world economy.
UK economy shrinks for the second consecutive month.
The UK economy shrank for the second month in a row in October as concerns about the Budget continued to weigh on confidence.
Australia’s central bank is prepared to take decisive action if US tariffs negatively impact global trade.
Deputy governor warned the most extreme scenario of an all-out global trade war would depress global activity and trade.
WTO Barometer Shows Moderate Trade Growth as Policy Uncertainty Looms
The Goods Trade Barometer is a composite indicator for world trade, providing real-time information on the trajectory of merchandise trade relative to recent trends.
UK sanctions Kenyan businessman over illicit gold trade
The UK and US governments have imposed sanctions on a British-Kenyan businessman over his alleged involvement in the illicit gold trade.
Global trade is expected to grow by 3.3% in 2024, highlighting its resilience, according to UNCTAD
The UNCTAD report urged developing economies
Egyptian and Russian Leaders Pledge to Strengthen Ties at BRICS Summit
Egyptian President Abdel Fattah El-Sissi met with Russian President Vladimir Putin on Tuesday, October 22, just before the official start
US Makes Significant First Interest Rate Cut in Over Four Years
The US Federal Reserve has lowered interest rates for the first time in over four years, implementing a larger-than-expected cut.