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Tag: UNCTAD

The Red Sea Dilemma for Shippers: Transit Times, Costs and Emissions

Amidst escalating attacks and a seemingly unending crisis, the Red Sea predicament is poised to disrupt trade volumes significantly and pose formidable challenges to...

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Cappuccino with Crypto. What can you buy with cryptocurrency today? (Yuliya Barabash)

Cryptocurrencies have come a long way since their inception, and their influence is not limited to the online space anymore. From everyday purchases to...

Cyprus seeking EU support for shipping industry sanctions impact

Sanctions have made many ocean carriers change the registry of their ships to countries that are not involved in enforcing them. Cyprus is one...

Climate change could make parts of Lebanon ‘too hot’ for producing olive oil

Olive trees in Lebanon – historically renowned for the high-quality olive oil they produce – are under threat from rising temperatures, new research finds....

Report: US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’

While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a decade. The Fed’s actions has fueled criticism toward the U.S. central bank as some strategists believe the onslaught of […]

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed to Pivot in DecemberAccording to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s a near-certain (98%) chance the central bank will choose a […]

To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes – UN Report

Caution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession,...

Indian Crypto Market Is Growing: Report Shows the Country Has 115 Million Crypto Investors

A new report shows that India has roughly 115 million crypto investors, and the country’s crypto economy is growing despite the recent market downturn,...

UNCTAD takes strong stance against cryptocurrency in emerging markets, critics roll eyes

United Nations Conference on Trade and Development (UNCTAD) has taken a strong stance against cryptocurrency, specifically in emerging markets, arguing that they threaten financial...

UNCTAD wants action to curb cryptocurrencies in developing countries

Global use of cryptocurrencies has increased exponentially during the COVID-19 pandemic, including in developing countries. While these private digital currencies have rewarded some, and facilitate...

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