Following the announcement of the death of HRH Sheikh Khalifa bin Zayed bin Sultan Al Nahyan, President of the UAE and Ruler of the Emirate of Abu Dhabi, the Finseta team send our condolences to the people of the United Arab Emirates at this sad time.
When it comes to currency, the US Dollar dominates all the others. No currency comes even close to having a similar power. The dollar accounts for nearly 60% of world foreign currency reserves and trillions of dollars of daily FX transactions. When this currency moves, the rest of the world…
In last week’s article we looked at ‘the next eleven’, those countries who are predicted to be the global economic leaders of the future. These are Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, South Korea, Turkey and Vietnam. Each of these eleven countries has their own independent currency…
Several years after the publication of the paper on the BRICS, experts and commentators began to ask the question, which are the other economies to watch in the future. Jim O’Neil who coined the term BRICs also coined the phrase “the Next 11’ which was a list of countries with…
