Global financial inclusion witnessed significant growth last year, according to a study sponsored by the U.S. company, Principal Financial Group. Released on Tuesday, the Global Financial Inclusion Index showed an overall score of 47.3 out of 100. This increase, a boost of 5.6 points, came largely from Latin America and Southeast Asia. Financial inclusion refers […]
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This new smartphone poses a problem for Apple in China
Imagine you are a giant in the smartphone industry, with millions of loyal customers and cutting-edge technology. You are on the verge of becoming the world leader, surpassing rivals in innovation and quality. Then, everything changes. That’s what happened to Huawei in 2019, when the U.S. government decided to ban it from doing business with […]
Surge in Brazil’s Service Sector: A Sign of Economic Optimism
In February, Brazil’s service sector PMI soared to a 19-month high, indicating robust economic activity. The index moved up from 53.1 in January to 54.6, showcasing the quickest expansion in nearly two years. S&P Global attributed this rise to stronger demand, aggressive marketing, and an increase in new orders. The report noted activity boosts in […]
Deadly Stampede at Congo Army Recruitment Event
In Brazzaville, Congo’s capital, a tragic stampede at an army recruitment event resulted in at least 37 deaths. This incident occurred early Tuesday during the recruitment of 1,500 youths aged 18 to 25. Congolese authorities, including Prime Minister Anatole Collinet Makoso, acknowledged the fatalities and injuries. Social media revealed the aftermath, with many lifeless bodies […]