Türkiye is making progress in its fight against inflation. The finance minister expects the annual rate to drop into the 20% range by February. This is a significant improvement from the 64%-65% seen over the past three years. The government's goal is to bring inflation down to single digits, but th
The UK's economy has been on a wild ride for over four decades. Two big mistakes, the resource curse and the finance curse, have shaped its path. These weren't accidents. They were choices made by leaders who thought they knew better. First, there was the resource curse. In the late 1970s and early
The UK's finance minister, Rachel Reeves, recently shared a budget plan that includes several tax changes. These changes aim to bring in more money for the government. The Office for Budget Responsibility (OBR) shared some details ahead of time, calling it a "technical error" later. One big change
In a move that could impact many families, UK Finance Minister Rachel Reeves is expected to remove the limit on child benefits in her upcoming budget. This change, reported by several newspapers, would mean that families with more than two children would no longer face restrictions on the support th
Malawi is taking a bold step to boost its foreign reserves. The country has decided that tourists must pay for hotel stays using dollars, euros, or other strong currencies. This is a big change, and it's all about getting more hard cash into the country. The finance minister shared this news. He ex
The Education Department has taken a big step forward in changing student loans. They finished a key meeting last week to figure out how to put new rules into action. These rules come from a law called the One Big, Beautiful Bill Act, which President Trump signed last year. The changes will affect h
In a move that could reshape the UK's tax landscape, Finance Minister Rachel Reeves is reportedly considering a significant income tax increase. This proposal is part of a broader strategy to meet fiscal targets and address economic challenges. The plan involves raising income tax by 2 pence while
The tech and crypto markets are unpredictable. This is a problem for standard models, like the Markowitz model, which rely on assumptions that don't always fit. Many experts are looking for new methods that can handle this. Deep Reinforcement Learning (DRL) is a promising approach. It uses
At a recent finance CEO panel in Riyadh, Morgan Stanley's CEO, Ted Pick, declared that the days of zero interest rates and inflation are firmly behind us. Pick was referring to the notion that since the end of the Cold War, global conflicts and ideological clashes had diminished, as famously propose
