Author: Charlotte

Researchers from global south under-represented in development research Nature Source link

Stablecoins won over users by making money easier to move, long before the financial world agreed on what they meant. That helps explain the scale of USDT and USDC: they never had to replace the global reserve system to become powerful.They simply made dollars easier to move online, and crypto markets made the network effect impossible to ignore.On July 7, 2026, Beijing and Hong Kong unveiled a group of measures designed to strengthen Hong Kong’s role in offshore yuan finance.Hong Kong began trial operations of a central gold clearing and settlement system, revived US dollar-denominated gold futures, and said it was exploring yuan-denominated…

It’s not often that the notes to the financial statements make you question the quality of your education. But note 11 covering the balance sheet line item of intangible assets in Affinity Education’s 2025 full-year accounts, made little sense to any student of finance.The accounts, which were made available in April and reposted this week to include the auditor’s sign-off, showed deepening losses of the privately owned childcare operator from $27.9 million in 2024 to $85.2 million. That is no surprise given the struggles in the sector and the abuse scandals that have rocked the major providers.Loading… Source link

  Photo: View of Lake Champlain from Battery Street in Burlington. VermontBiz photo. by Timothy McQuiston, Vermont Business Magazine Chittenden County is younger than the rest of the state and wealthier than the rest of the state. It’s the only county in Vermont with a median household income higher than the statewide average. It has major universities, a major airport and a major hospital. The county’s economy and the strength of these organizations are crucial to the wellbeing of the entire state. And while Hinesburg is the new Williston and Williston is not the old Williston and South Burlington has…

However, Sebi has retained the requirement that all intraday borrowings must be repaid on the same day. The regulator has also clarified that the cost of such borrowings will be borne by the AMC and not by the mutual fund scheme or its investors.In addition, any losses arising due to delayed receivables will have to be absorbed by the AMC, the circular said.The changes follow representations from the mutual fund industry, which sought greater flexibility in the use of intraday borrowing to address operational constraints and improve liquidity management.The revised framework comes after Sebi’s board approved the proposal in June…

Suffice it to say, there are plenty of positive things to be said about Poland’s post-communist trajectory. Within the past 5-10 years, it isn’t difficult to stumble across articles praising the Polish economy as an example of what would happen after abandonment of socialism for something that resembles a market economy. I’m sure you’ve seen the headlines about the $1 trillion GDP pole which Poland recently obtained, the ongoing +3.5 percent real GDP figures, and even posts and articles about Poland surpassing Germany in the future—including those from normally free market institutions like FEE.It is similar to the current state…

A new International Monetary Fund (IMF) working paper finds dollar stablecoins can amplify currency runs in economies defending an overvalued fixed exchange rate, turning fragmented parallel-market prices into a single signal that lets households exit at once. IMF researcher Brandon Joel Tan describes a state-dependent effect. Stablecoins raise welfare during calm periods but deepen crisis risk once a peg becomes badly misaligned, the paper argues.How Stablecoins Turn Scarcity Into a Public SignalWhen a government holds an official rate away from the market level, foreign currency gets rationed. Buyers then turn to parallel markets for dollars.Those markets stay fragmented. Street dealers, brokers,…

You may know him as Berkshire Hathaway’s (NYSE: BRKA) (NYSE: BRKB) long-tenured, brilliant stock picker, as evidenced by Berkshire’s market-beating returns. Warren Buffett isn’t necessarily a big fan of picking individual stocks, though, discouraging most ordinary investors not to whenever they have the option. His advice? Buy index funds meant to mirror the performance of the S&P 500 (SNPINDEX: ^GSPC); he prefers the Vanguard S&P 500 ETF (NYSEMKT: VOO). Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction”…

Rochester, MN (KROC-AM News) – The City of Rochester issued a notice Saturday afternoon indicating that Silver Lake Pool has been closed for the remainder of the day.Water Contamination Prompts Temporary ClosureThe notice says the closure is due to a water contamination incident. The pool will remain closed while staff completes all required disinfection procedures to ensure the water quality meets public health and safety standards.Disinfection Process UnderwayThe notice says treatment is underway, and the pool is expected to reopen at noon on Sunday after testing confirms that the water conditions have returned to normal.The exact nature of the water…

MMI stock, tied to US commercial real estate brokerage Marcus & Millichap Inc. (ISIN US5663671046), represents an investment vehicle closely linked to transaction volumes and investor sentiment in income-producing properties across the United States. The company’s performance is shaped by interest-rate cycles, financing conditions, and the evolving appetite for assets such as multifamily housing, retail centers, offices, and industrial facilities. For investors, the stock’s long-term path is closely connected to how effectively the brokerage adapts to shifting market conditions and maintains its deal pipeline.Brokerage model aligned with investment cyclesMarcus & Millichap is a national investment brokerage focused on commercial real…