The US dollar is under pressure as BRICS members China and Saudi Arabia move forward with de-dollarization moves. BRICS countries China and Saudi Arabia signed a $7 billion trade deal on Monday, kicking off the process of primary de-dollarization. The China-Saudi Arabia deal is a currency swap that favors their local currencies, the Chinese yuan … Read more
If you don’t do well enough in an international ranking, you either get a methodology and try to strengthen where you are weaker – or further improve in areas where you were already very good – or create your own ranking… The new Ofex Financial Centers Ranking (for Open Financial Ecosystem indeX), created jointly by … Read more
This Thursday evening, 23 November, EY Luxembourg hosted the EY Entrepreneurs of the Year awards ceremony during a gala dinner at the Cercle Cité de Luxembourg. The main theme of this year’s competition was to celebrate the art of entrepreneurship and strong entrepreneurial efforts in local businesses. There were 14 applicants who met the pre-selection … Read more
Winter is coming. The gesture becomes self-evident: turn the thermostat to increase the heating. While the war in Ukraine threatened the security of supply in the EU last winter, the risk of shortages is now limited, the EU has achieved its goal: to secure significant stocks, at least 90%, by 1ahem November according to the … Read more
A “giant leap” in the world of (very) very small… According to the press release, the size of the photovoltaic cells developed by the French-Canadian team is twice the thickness of a strand of hair. It may not seem like it, but by achieving this degree of miniaturization on a micrometric scale (one-thousandth of … Read more
The TSB1 version has one vertical splitter, while the TSB2 has two. To date, the TSB range offers working widths between 7.50m and 24m with many features. The width of the TSB2 model is adjustable and allows you to maintain clean and well-defined line spacing. This allows organic fertilizer to be applied where it is … Read more
In a recent update, a court in Podgorica, the capital of Montenegro, allowed the extradition of Terra founder Do Kwon to either South Korea or the United States. This development follows Kwon’s arrest in March at Podgorica airport. He was accused of possessing forged documents, which led to a series of legal complications and … Read more
Several Air France unions are calling for a strike on November 28. They intend to protest the airline’s decision to leave Paris-Orly airport. The consequences of movement on flights are not known at this time. “The goal is not to prevent customers from flying.” Several Air France unions are calling for a strike on Tuesday … Read more
The widely used Bitcoin Lightning payment app Wallet of Satoshi (WoS) has mysteriously disappeared from both the Apple App Store and Google Play Store in the United States. This development is particularly significant for WoS, as it is on the verge of facilitating more than 1 million transactions in November. This is the highest … Read more
Efforts to adopt AI in the financial sector should be primarily about generating growth and improving human productivity, not making a quick profit by cutting costs, he says Clara Durodiéwho has more than ten years of experience advising financial services companies in the field of artificial intelligence. He believes we need to keep people in … Read more