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The United Nations Development Programme (UNDP) is spearheading a new initiative aimed at designing climate risk-based insurance policies to provide broad protection for farmers across the Arab region. The project, led by Dr. Abdallah Al Dardari, Assistant Secretary-General and Director
The United Nations Conference on Trade and Development (UNCTAD) has emphasized Africa’s vulnerability to global economic shocks in its Economic Development in Africa Report 2024. The report, released in Geneva, examines how past crises including the 2008 financial collapse, the
As the 2025 AI Action Summit unfolds in Paris, Europe is making a decisive push to establish itself as a global leader in artificial intelligence. The EU AI Champions Initiative, led by global investment firm General Catalyst, has called for
Meta is laying off approximately 3,600 employees, accounting for about 5% of its workforce, as part of its ongoing restructuring efforts in 2025. The layoffs, which began on February 10, are being classified by the company as “performance terminations,” targeting
President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing each penny costs nearly 3.7 cents, leading to significant financial losses for the government. The
ازداد الغموض المحيط بهوية مبتكر البيتكوين المراوغ، ناكاموتو ساتوشي، حيث حدد بحث جديد ثروة ضخمة من العملات الرقمية مرتبطة بساكاموتو. تتبعت شركة Arkham Intelligence لتحليلات الـ Blockchain 1.096 مليون بيتكوين إلى عناوين مرتبطة بالمخترع الذي يحمل الاسم المستعار، وهو مبلغ يقدر
In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the Federal Deposit Insurance Corporation (FDIC), are expected to revise guidelines, allowing banks to enter the crypto sector without prior
Franklin Templeton’s Franklin Crypto Index ETF is progressing toward potential approval by the U.S. Securities and Exchange Commission (SEC), bringing institutional investors closer to a regulated option for exposure to bitcoin and ether. The investment firm filed Amendment No. 2 to its
Brazil’s primary stock exchange, B3, is set to expand its cryptocurrency offerings by launching bitcoin (BTC) options and futures contracts for ether (ETH) and solana (SOL). The move, expected to take place this year, was confirmed by B3’s CEO, Gilson Finkelsztain, in statements to local
Japan recorded a historic current account surplus of 29.26 trillion yen ($193 billion) in 2024, marking the highest level on record, according to data released by the Finance Ministry on Monday. The surge was primarily driven by unprecedented returns on