BRICS currency
The BRICS countries, which consist of Brazil, Russia, India, China, and South Africa, are actively working towards creating a new currency that will be used for international trade and as a reserve currency, serving as an alternative to the US dollar. The creation of this new currency reflects the growing economic power of these...
Malaysia’s abolition of mandatory death sentence
How will Malaysia's abolition of mandatory death sentence affect crime rates and will Singapore face pressure to follow suit?- Today's online 5 April 2023. What each country decides for itself is their internal affairs and foreigners have no business to interfere. Capital punishment in Singapore is a legal penalty and over the...
You got to have debt
Reading about the recent take over of Credit Suisse by UBS and the collapse of Silicon Valley Bank (“SVB”) brought back memories to the time when I was doing some work for GE Commercial Finance (“GECF”), which was in the business of trade credit financing, which is better known as factoring. GECF were clear that their...
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