Lula faces numerous challenges as Brazil assumes G20 presidency | Business and Economy News

Lula faces numerous challenges as Brazil assumes G20 presidency | Business and Economy News

ByNews Polite

As Brazil takes over the G20 presidency on December 1 from India, Luiz Inácio Lula da Silva will be challenged to fulfil his promise of holding up the interests of the global south amid two ongoing wars and a slowing global economy. Lula also takes over at a time of…

Morocco Finalises Crypto Laws, Framework With World Bank and IMF Suggestions, Central Bank Says

Morocco Finalises Crypto Laws, Framework With World Bank and IMF Suggestions, Central Bank Says

ByNews Polite

Morocco could see the introduction of a set of new laws designed to govern and oversee the crypto sector in the North African nation in the coming days. Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM) reportedly said that the Moroccan central bank has already finalised the formulated laws. The…

Cryptocurrencies a ‘Clear Danger’, Warns RBI Governor Amid Global Crypto Uncertainty

Cryptocurrencies a ‘Clear Danger’, Warns RBI Governor Amid Global Crypto Uncertainty

ByNews Polite

Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as “clear danger” and said that anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name. The government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from…