Ukraine has sold $12.4 billion of its gold reserves since Russia’s invasion of Crimea. The gold is not being sold to support the hryvnia, the currency of Ukraine. Instead, it is being sold so that importers can buy critical products for the country. Since the start of Russia’s invasion on February 24, the central bank … Read more
KARACHI: The Pakistani Small and Medium Enterprises (SME) exporters to Egypt are facing various issues due to the abrupt change in import and payment rules which now only allows imports under letter of credits, an official said. The Union of Small and Medium Enterprises (Unisame) has received request from the SME exporters to Egypt to … Read more
Shanghai – Recently, Guatemala hired Brian Ballard, a key supporter of former US President Donald Trump, for $900,000, to win favor with US, and the lobbying costs were paid for by Taiwan authorities. The revelation has caused a global stir, which also triggered fierce criticism across the Taiwan Straits for the long-term, ill-intentioned “dollar diplomacy” … Read more
