Nigerian unions protest against IMF and World Bank loans (VIDEO) — RT Africa

Nigerian unions protest against IMF and World Bank loans (VIDEO) — RT Africa

Source link The National Labor Congress claims that borrowing from the international financial institutions is worsening an economic crisis Nigerian government workers and several other groups, including traders and students, staged nationwide protests on Tuesday, demanding that the government address the country’s escalating economic crisis. The National Labor Congress (NLC), which organized the demonstrations, has […]

Rothschild clans battling over bank clients – Bloomberg  — RT Business News

Rothschild clans battling over bank clients – Bloomberg  — RT Business News

Source link The Swiss and French branches are leveraging the family name in a bid to control the global wealth-management market The Rothschild family’s Swiss and French branches are battling for dominance in the wealth management industry, which is causing tension and sparking speculation of a merger that would significantly impact the global financial landscape, […]

First Russian bank receives Chinese credit rating — RT Business News

First Russian bank receives Chinese credit rating — RT Business News

Source link China Lianhe Credit Rating has assigned Alfa-Bank, Russia’s largest private lender, an international rating of AA- with a stable outlook, the bank said in a statement on Wednesday. Alfa-Bank has become the first large Russian bank to receive an international rating in China. Alfa-Bank is at the same level that Lianhe rates the […]

US tech titans valued at more than most countries’ entire stock markets – Deutsche Bank — RT Business News

US tech titans valued at more than most countries’ entire stock markets – Deutsche Bank — RT Business News

Source link The combined market cap of the country’s seven largest companies would make them the second-largest stock exchange in the world, analysts say America’s seven largest tech companies have larger market capitalizations than companies in nearly every other major economy in the world, CNBC reported on Monday, citing a research note by Deutsche Bank. […]

West could upend global financial system – Russian central bank — RT Business News

West could upend global financial system – Russian central bank — RT Business News

Source link The seizure of the country’s reserves would jeopardize the “immunity” of national assets worldwide, Elvira Nabiullina warns The global financial system would be disrupted if Brussels and Washington go through with threats to use Russian sovereign assets to help Ukraine, the head of the Bank of Russia, Elvira Nabiullina, warned on Friday. Nabiullina […]

Germany facing ‘greatest real estate crisis’ in 15 years – bank — RT Business News

Germany facing ‘greatest real estate crisis’ in 15 years – bank — RT Business News

Source link Deutsche Pfandbriefbank has become the latest lender to put away more provisions for its commercial property loan book Deutsche Pfandbriefbank, a German bank focused on commercial real estate, has become the latest lender in the country to report having put aside more provisions for its loan portfolio amid what it calls the worst […]

How India’s central bank cracked the whip on e-wallet giant Paytm — RT India

How India’s central bank cracked the whip on e-wallet giant Paytm — RT India

Source link The survival of the startup that drove financial inclusion in the country and boosted the nation’s economy is now at stake In baseball, it’s three strikes and you’re out. Vijay Shekhar Sharma, founder of Indian digital payments company Paytm, and arguably the country’s largest startups poster boy, faces a possible third strike. Like […]

Chinese lenders rejecting Russian payments – bank executive   — RT Business News

Chinese lenders rejecting Russian payments – bank executive   — RT Business News

Source link Financial institutions are wary of Washington’s penalties for dealing with Moscow, according to MSP Bank Some Chinese banks are rejecting transactions from Russian banks on fears of being targeted by US secondary sanctions, the deputy CEO of Russia’s MSP Bank, Aleksey Potapov, revealed on Thursday, citing customers. He mentioned that some of his […]

Israeli forces disguised as women raid West Bank hospital (VIDEO) — RT World News

Israeli forces disguised as women raid West Bank hospital (VIDEO) — RT World News

Source link Three militants were killed in the incident, including one accused of plotting an assault inspired by the October 7 Hamas attack Israeli commandos, some disguised as civilian Palestinian women and medics, conducted a raid on a hospital in the occupied West Bank on Tuesday, officials have said. Three people died in the operation, […]

Russia’s non-dollar settlements within BRICS skyrocketing – central bank chief — RT Business News

Russia’s non-dollar settlements within BRICS skyrocketing – central bank chief — RT Business News

Source link The share of the country’s transactions with other bloc members in national currencies has reached 85%, Elvira Nabiullina says The share of Russia’s settlements in national currencies with fellow BRICS countries has increased to 85%, up from just 26% two years ago, the head of the Russian central bank, Elvira Nabiullina, told RIA […]

BRICS’ share in global economy overtakes G7 – Russian central bank — RT Business News

BRICS’ share in global economy overtakes G7 – Russian central bank — RT Business News

Source link Following the addition of new members, the group now accounts for 35% of the world’s GDP in PPP terms, Elvira Nabiullina has said The BRICS states have overtaken the G7 in terms of share in global GDP in PPP terms, the head of the Russian central bank, Elvira Nabiullina, told RIA Novosti in […]