After Russia's invasion of Ukraine, many countries like the USA, UK, and EU imposed sanctions on wealthy individuals close to Putin. But these rich folks, known as oligarchs, seem to dodge these punishments like pros. How? It's all about the secretive experts who help them hide their money offshore.
Ever thought about how policy changes can shape business decisions? Take China’s green finance reforms, for instance. Back in 2017, China launched special zones called green finance reform and innovation pilot zones. These zones aimed to encourage companies to invest efficiently and sustainably. The
At the recent COP29 climate talks in Azerbaijan, panelists discussed big issues like climate finance and politics. The United Nations conference is crucial for negotiating global climate action. One main worry is the gap in funding needed for climate projects around the world. Another concern is the
Betsy Ward, the pioneering woman who became MassMutual's first female CFO, is hanging up her hat after a remarkable 30-year career. But the finance helm at this Fortune 500 giant will stay in women's hands. Meet Mary Jane (MJ) Fortin, the next in line, known for her stellar track record at Thrivent
Imagine walking into a room filled with finance leaders, and you hear them talking about the future of their industry. Adena Friedman, the big boss at Nasdaq, and C. S. Venkatakrishnan, the top dog at Barclays, recently shared their thoughts at the Fortune Global Forum in New York City. Friedman bel
Did you know that social sciences in Albania have a unique history? Unlike many countries, they didn't start in universities but in the public sector. This brought together professionals, politicians, and businesspeople to tackle social problems. Today, this collaboration still matters, especially w
Ever wondered how trading strategies are designed to never run out of cash? That’s where self-financing comes in! It’s a clever concept that blends math and money. Back in the late '70s, two smart guys, Harrison and Kreps, first introduced this idea. Later, Harrison and Pliska broadened it, making i
Imagine you're part of a group of friends, each with their own secret language. In this language, you can send messages that only your friends can understand and verify. This is similar to what ring signcryption does in the world of blockchain. It's like having a smart contract as the group leader,
iHeartMedia, the largest broadcast radio company in the U. S. , is planning significant cost cuts and debt restructuring to save $200 million in 2025. These moves come in light of weak advertising trends and recent staff layoffs. The company has renegotiated 80% of its long-term debt, extending matu
Supply chain financing is hot stuff in the business world. It helps grease the wheels of commerce by unlocking capital stuck in the supply chain. Think of it as a financial lubricant, making everything run smoother. Blockchain, with its superpowers like tamper-proof data and secure contracts, is a p
