Finance news

What happens if you adjust the stock market for ALL the money printed by the Top 10 economies?

We all know the stock market has been on an absolute tear over the last two decades. But how much of that is actual, productive company growth, and how much is just central banks firing up the money printers worldwide? If we treat the total expansion of the global money supply as our baseline for "zero percent growth," the real returns of our portfolios look entirely different. Instead of just looking at the US and Europe, let's look at the top 10 economies. Because the stock market is a global

Reforms: Electoral law reform is stalling – parties disagree on how to structure it

The coalition agreement provides for a change in electoral law. An electoral law commission should provide clarity, but the parties' ideas sometimes differ widely.

Armenia votes as Russia piles pressure on pro-West government

Voting is under way in Armenia in an election which could decide whether the country continues edging towards the West, or returns to its traditional ally Russia. submitted by /u/Any-Original-6113 [link] [comments]

Inside Gaza’s tent cities without a single proper toilet: ‘it’s humiliating’

In their bare-bones tent in southern Gaza, Mostafa Shaaban built his family’s makeshift toilet behind a curtain in a corner. He dug a shallow pit in the sandy soil, poured a concrete slab around it, fixed a bottomless bucket over the hole, then topped it off with a battered, plastic toilet seat. It reeks with a foul odour and buzzes with flies and mosquitoes only a few feet from where they sleep and prepare meals. Every week, Shaaban has to dig the sewage sludge out of the pit. But at least it..

Bankruptcy is not the end - sometimes it is a new beginning

​ A few years ago I never thought I would write a post like this. I had my own company with 31 employees. I lived for this for many years. Working days of 9, 10 or even more hours were completely normal. Constant responsibility, constant decisions, constant worries. From the outside, things were going well. Behind the scenes, however, the pressure was increasing. At some point came financial problems, debts, personal liabilities and ultimately bankruptcy

IPO: US low-cost airline Breeze Airways is targeting an IPO in 2027

Breeze had previously considered an IPO but postponed it due to the difficult market environment. It is now scheduled to be implemented next year.

Beijing sends largest patrol ship east of Taiwan after Japan-Philippine boundary talks

Beijing has sent a flotilla that includes mainland China’s largest patrol vessel to waters east of Taiwan in response to Japanese-Philippine maritime boundary negotiations. The Ministry of Transport ships are expected to conduct joint patrols with a coastguard formation dispatched to the same waters last Monday. The Communist Party mouthpiece People’s Daily published a commentary on Sunday that accused Japan and the Philippines, which already have long-running territorial disputes with Beijing,.

Trade: Conservatives in the EU Parliament are calling for tougher dealings with China

In an interview with “Bild am Sonntag”, EPP boss Weber explains the consequences of a weak China policy. He calls on the EU to use trade policy instruments more consistently.

This is how Steinway came into being: How Lower Saxony conquered the piano world in New York

Heinrich Steinweg and his sons migrated to the USA and created a global brand with their pianos. Not without early strokes of fate and arguments about money and recognition.

Venture Clienting: How Würth is speeding up startups

In order to solve small problems in the company, Würth specifically purchases services from start-ups. The effort is low, the speed is crucial.

Immersion heaters: Summer of cheating

Can Friedrich Merz win the country again? The Chancellor practices humility, scrapes together a few billion - and imposes additional costs on those who helped him get into office. A column.

Comment: If you just make the younger generation pay, you are wasting trust

When it comes to student loans, parental allowance, rents and social contributions, those who are supposed to support this country for decades are once again hit. You can do that, but then you have to act at a crucial point.

KI: OpenAI is probably planning a massive conversion of ChatGPT into a “super app”

In order to boost sales before a possible IPO, OpenAI wants to expand ChatGPT, according to a media report. In this way, OpenAI also wants to keep up better with its competitor Anthropic.

Throwing shade: Japan's urban tree coverage dwindles, bucking global trend

Czech president reignites euro debate

The country's eurosceptic government and public opinion still firmly reject adopting the EU's single currency

Slumping rupiah makes Indonesia irresistible for Malaysian tourists, shoppers

Indonesia has always been a favourite travel destination for Malaysians and visitor numbers are expected to increase with the neighbouring country’s currency hitting a record low. Melaka Tourism Association president Madelina Quah said the low rupiah presents an advantage for Malaysians travelling and shopping in Indonesia. “This will translate to cheaper holidays, shopping for weddings and buying of raw materials for imports against exports’ competitiveness,” she said. “Younger Malaysians...

Chinese medical team arrives in DR Congo to help fight Ebola, filling US void

A Chinese team of medical experts has arrived in the Democratic Republic of Congo for a three-month frontline mission to contain an expanding Ebola outbreak across a mining region dense with Beijing-backed mineral investments. The five-member team of specialists in epidemiology, clinical medicine, research and traditional Chinese medicine arrived in the capital Kinshasa on Tuesday. According to China’s National Health Commission, the experts will work with local authorities to strengthen Ebola..

Central Asia tipped to be Hong Kong’s next logistics hub: Airport Authority head

Central Asia can become a strategic logistics hub for Hong Kong as wars in the Middle East and Europe persist, with cargo volume between the city and two countries in the region surging nearly fivefold year on year, the Airport Authority chairman has said. Fred Lam Tin-fuk, who joined a recent trip with Chief Executive John Lee Ka-chiu to Central Asia, also said on Sunday that passenger traffic at Hong Kong airport could reach 70 million this year, recovering to nearly pre-Covid levels. “Central

Ukraine war: Europeans prepare for peace negotiations

Talks about ending the war in Ukraine have been paused; instead, the fighting is intensifying. In this situation, the Europeans are launching a new diplomatic initiative.

Turkey is effectively introducing a 20-year non-dom model

Hello, my username makes no secret: I work as a CPA in Turkey. I wanted to share a recent change in the law here that has repositioned the country in a fairly tax-related manner, but has so far received little attention abroad. Turkey recently introduced a non-dom regulation that is strongly reminiscent of the models from Portugal (NHR) or Italy. Anyone who has not been tax resident in Turkey in the last three years can claim certain foreign passive income for one

For Malaysia’s Rohingya refugees, survival is just the start

For nine days, Nurul Nisa was crammed onto one of four fishing boats with 130 others, fleeing her village in Myanmar in search of safety. She was a child then, but she still remembers the crying, the sleepless nights and the hunger. “We had to drink seawater,” she said, recalling the journey she made with her mother and two sisters in 2010, after their village had been burnt down. To secure the four wooden fishing boats needed for the voyage, the villagers pooled their resources and sold...

Migration: Hegseth speaks of “invasion” on Europe’s coasts during the D-Day speech

During a speech to commemorate the Allied landings in Normandy, US Defense Secretary Hegseth draws a wide range - and joins in criticism from US Vice President J.D. Vance.

Global week ahead: Soccer isn't the only thing that's kicking off

World Cup fever grips football fans worldwide ahead of the opening game on June 11th, but it's not just soccer that's kicking off next week.

100 days of the Iran war: How global markets and the economy have been affected, in charts

The conflict is about to reach its 100th day, with peace negotiations hanging in the balance.

Global Investigation: Study: People are more cooperative than they think

A global study with positive results: Most people are willing to cooperate, even if it means disadvantages for them. The result for Germany is striking.

Voting rights for the Bundestag: Electoral law reform stalls - CSU insists on coalition agreement

This is one of the smaller reform projects of the Union and SPD: the electoral law is also to be revised. But there is no compromise in sight. The Union is putting pressure on us.

Calls grow to tighten child protection rules after baby Danny case in Hong Kong

A recent series of child protection controversies, including a couple refusing a DNA test to register their home-born baby, has prompted calls for Hong Kong authorities to review guidelines for identifying neglect, and to expand the list of professionals required to report suspected abuse. Under the Mandatory Reporting of Child Abuse Ordinance – which took effect in January – people across 25 designated professions, including those in the social welfare, education and medical sectors, are...

What does Singapore lose when the wrecking ball swings?

Tey Yong How remembers running along the shores of eastern Singapore as a child, the sea breeze mingling with the smell of sizzling seafood. Birthday dinners here meant three or four tables pushed together, with cousins chasing each other between the chairs as the adults pulled apart succulent chilli crab. “My childhood memories will linger there,” the 47-year-old said on a recent Wednesday evening of the seafood restaurants at East Coast Park. “Whatever may become of it in the...

China’s nuclear weapons scientist Du Xiangwan clarifies role in nation’s war on waste

One of China’s most prominent nuclear scientists has publicly clarified his role in the country’s rapidly expanding waste-to-energy sector, following years of speculation linking nuclear weapon technologies to municipal waste incineration. In a June 2 press release from the Chinese Academy of Engineering (CAE), veteran nuclear weapons physicist and CAE academician Du Xiangwan confirmed that he and his team had been engaged in research and consulting relating to the development of the pilot...

How Iran war allows residents to indulge in opulence at Dubai’s luxury hotels

Once reserved for wealthy travellers, Dubai’s top-notch hotels have become almost exclusively reliant on residents, drawn in by dizzying staycation offers as war drives tourists away. On the Palm, an artificial island that has become synonymous with Dubai opulence, five-star hotels are busy on weekends and holidays once more, despite having been deserted by tourists. The clientele is driven by hotels offering residents-only deals that have become a lifeline for Dubai’s luxury tourism. “I had...