As Iran crisis disrupts key trade routes, China's expanded payment system now offers a pathway to settle transactions outside the dollar system, though its scale remains limited ...

The UN expert on the promotion of a democratic and equitable international order, George Katrougalos, stated in a report Thursday that comprehensive reforms are needed to rebuild a fairer global ...

LONDON, Dec 2 (Reuters) - The financial system risks undermining global trade if it fails to adapt to the economy's needs, with developing countries likely to suffer the most, the UN Trade and ...

Donald Trump’s attack on the Fed is part of his authoritarian attempt to capture the administrative state. Economist Mona Ali spoke to Jacobin about the stakes of the current clash between Trump and ...

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to ...

China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more dominant role. Speaking on stage at a financial forum ...

Stretched asset valuations and pressures in core sovereign bond markets are keeping financial stability risks elevated amid heightened economic uncertainty. These vulnerabilities could be amplified by ...

Nigeria will leverage the ongoing Tokyo International Conference on African Development (TICAD9) in Yokohama, Japan, to deepen diplomatic and economic partnerships with Japan and African nations ...

Policymakers and financial institutions are underestimating climate risks that could undermine the global financial system, according to a new report from the Institute and Faculty of Actuaries (IFoA) ...

Bishop Matthew Kukah of Sokoto, Nigeria, with priests. (Credit: Vatican Media.) Listen YAOUNDÉ, Cameroon – Nigerian Bishop Mathew Hassan Kukah of Sokoto says the global financial system is outdated ...

The financial system is evolving faster than at any point in modern history. Blockchain technology has introduced a structural alternative to centralized bankin ...

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has warned that slow, expensive, and fragmented cross-border payment systems are limiting economic opportunities for millions of ...