Author: Charlotte

The narrative that NFTs died sometime in 2023 makes for a clean headline, but it confuses a price correction in speculative art collectibles with the technology itself. Monthly trading volumes bottomed out in mid-2023 and then climbed back steadily. By October 2025, $NFT trading volume hit $546 million in a single month with 10.1 million individual sales, an annual high. The collapse was real for profile-picture speculation, yet the underlying standard, a way to record verifiable ownership of a unique asset on a public ledger, never stopped working. What changed is who uses NFTs and why. The buyer paying six…

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President Bola Tinubu on Monday welcomed the encouraging news showing that the nation’s Gross Domestic Product grew at 4.43%, in second quarter of 2026, compared with the 4.23 per cent in the second quarter of 2025. The National Bureau of Statistics (NBS) revealed this on Monday, according to Bayo Onanuga, the Special Adviser to the President on Information and Strategy. The NBS report also shows growth in agriculture, manufacturing, the oil and gas sector, and the service sector, which now dominates the economy in terms of contribution to aggregate GDP. In nominal terms, the country’s aggregate GDP in the second…

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The Financial Accounting Standards Board (FASB) is proposing new rules that would allow companies to classify stablecoins as cash equivalents, aligning them with traditional cash instruments such as Treasury bills. This development, highlighted by Crypto Twitter commentator @FireblocksHQ, could dramatically improve stablecoin adoption among enterprises. As this proposal moves forward, it may transform how corporate treasurers manage their liquidity and risk. The Latest The crypto market is currently experiencing mixed signals, but the potential for stablecoins to be recognized as cash equivalents introduces a significant shift in the financial landscape. The FASB’s proposal stipulates that stablecoins must meet specific criteria…

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Key Points German industrial policy is aimed at preserving existing strengths in manufacturing. Germany benefits from a highly skilled workforce and a group of innovative small and medium enterprises. The government acts mainly to rationalize declining sectors like coal and steel. Editor’s Note In 1986, the American Enterprise Institute published The Politics of Industrial Policy, a collection of essays edited by AEI Senior Fellow Claude Barfield and Hudson Institute Senior Fellow William A. Schambra. The volume emerged from an AEI conference convened in response to shifting dynamics abroad, especially relating to foreign and trade policy, and a reexamination of American…

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Hana Bank announced on the 3rd that it will launch the “Hana Real Estate Value-Up Platform,” which comprehensively provides solutions for the development and utilization of commercial and aging real estate properties. On the morning of the 2nd, at the strategic partnership business agreement ceremony held at Hana Bank headquarters in Euljiro, Seoul, Eunjeong Lee, Head of WM Division at Hana Bank (fourth from the left), along with key representatives of five companies, took a commemorative photo. (From left) Sangjun Park, CEO of Shareit; Daemyung Kim, CEO of The PCM Advisor; Gangtae Jo, CEO of MGRV; Eunjeong Lee, Head of…

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The issue for India is that it has witnessed BoP deficits over the past two financial years. The Iran war and disruption in energy supplies, resulting in higher prices, created the possibility of an expansion in the CAD. Since capital flows are under pressure owing to various reasons, including tensions in West Asia, there was a possibility that the BoP would remain in deficit this year as well. Given the situation, the RBI announced a swap scheme in June, including for the Foreign Currency Non-Resident (Bank), or FCNR (B), deposits. The response to the scheme has been better than most,…

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