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If more countries start settling trade in RMB, we could see a major shift in global financial power. The next decade will be interesting.
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šµ Chinaās Currency Ascends As De-Dollarization Gathers Pace ā”ļø As of March 2024, over half of Chinaās international payments were settled in renminbi (RMB), surpassing the U.S. dollar (USD) for the first time. This marks a significant milestone in
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In just a decade (2015-2025), India's GDP has doubled from $2.1T to $4.3T ā a 105% growth! šš„ From startups to infrastructure, digital revolution to global trade, India's unstoppable rise is redefining the future. šāØ Whatās next? $5T economy soo
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Global Markets React to Trumpās Tariffs: Asia Feels the Shockwaves President Donald Trumpās latest economic moveāa blanket 10% import tariffāhas stirred global markets. With heightened duties on nations like China, this shift signals a return to agg
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š®š³ India has become the leader in IPOs for 2024, surpassing China and the US - Financial Times. š Top countries by number of IPOs ā 1ļøā£ India ā 310 IPOs 2ļøā£ USA ā 226 3ļøā£ South Korea ā 117 4ļøā£ China ā 84 š Itās highly likely tha
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šµ The Global Decline of Cash: Opportunities for Fintech Startups ā”ļø Recent data from WorldPayās Global Payments Report 2024 reveals a significant shift in global payment trends, with cash transactions declining rapidly worldwide. This trend present
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Two Major Developments Reshaping the Global Economy in Recent Days The global economy is constantly evolving, influenced by policy changes, technological advancements, and market forces. In recent days, two critical events have sent ripples through
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