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Keywords: Finance


Ghana’s former finance minister Ken Ofori-Atta detained by U.S. immigration authorities

Ken Ofori-Atta, former Finance Minister of Ghana, has been detained by U.S. Immigration and Customs Enforcement (ICE), his legal team announced Wednesday evening. Ofori-Atta, 66, has been in the United States since January 2025 for medical treatment, including prostate cancer surgery. He has been under......

European bond issuance hits record 57 billion euros in one day

European borrowers unleashed a staggering 57.2 billion euros ($66.8 billion) in debt on Wednesday, shattering the region's single-day record for bond sales as issuers capitalized on ideal market conditions to lock in funding for the year ahead. At least 28 issuers sold bonds across 42 tranches on......

Western sanctions leave 500 million dollars of Telegram bonds frozen in Russia

Around 500 million dollars of Telegram bonds remain frozen at Russia’s National Settlement Depository because of Western sanctions imposed after the 2022 invasion of Ukraine, underscoring the messaging app’s ongoing financial exposure to Russian capital markets despite founder Pavel Durov’s......

Global markets show mixed start to 2026 as tech rally fades

World stock markets kicked off 2026 with uneven results on the first trading day. Asian benchmarks hit fresh highs, London's FTSE 100 briefly crossed a historic threshold, and Europe's broad index reached a record close, while US tech-heavy shares pulled back from early gains. In Asia, South......

Morocco publishes 2026 edition of general tax code

The Moroccan General Directorate of Taxes (DGI) has released the 2026 edition of the General Tax Code (CGI), updating the previous 2025 version to incorporate the changes introduced by Finance Law No. 50-25 for the 2026 fiscal year, enacted on December 10, 2025. The updated code is organized into three......

China reduces dollar's weight in yuan's basket amid soaring trade surplus

China has announced routine annual adjustments to its CFETS currency basket for the yuan, further decreasing the weights of major currencies including the US dollar and the euro, as the renminbi concludes its strongest year against the greenback since 2020. The China Foreign Exchange Trade System (CFETS),......

Morocco 2026 Finance Law: key changes for tobacco, medicines, food, and customs

Morocco is set to introduce significant changes in 2026 that will directly affect everyday consumer goods, following the implementation of new customs measures linked to the Finance Law 2026. While the reforms include price increases for certain products, they also provide relief for households through......

France enacts special law to fund the state in absence of budget

Paris, December 27, 2025 — President Emmanuel Macron has promulgated a special law allowing the French government to continue financing the state for 2026 despite the absence of an official budget, according to the Journal Officiel on Saturday. This legislative tool, previously used after the......

Blockchain design debate reignites after $50 million USDT theft

A recent address poisoning scam that drained nearly $50 million in USDT from a cryptocurrency trader has reignited the debate over blockchain design and security. The theft, which occurred on December 20, has spurred fresh criticism from Cardano founder Charles Hoskinson, who blamed the architecture......