Investing and Global Finance News

Category Archives: International

China’s Electric Car Surge: Innovation, Scale, and Global Impact

Chinese electric vehicles (EVs) are quickly gaining popularity for their sleek design and competitive pricing. One standout model is the BYD Dolphin Surf, a small city car launching in the UK at just £18,000. While not the cheapest EV on the market, it represents a strong new contender to established brands, especially as BYD recently became the world’s top EV maker, surpassing Tesla.

China’s growing presence in the global car market stems from years of heavy government investment in advanced manufacturing, efficient supply chains, and cost-effective production. The “Made in China 2025” policy helped drive growth of companies like BYD and Geely, enabling them to scale quickly and offer a broad range of EVs to international buyers. As Europe moves away from petrol and diesel vehicles, Chinese brands are well positioned to offer alternatives.

Western carmakers are adapting with new technology and design. Renault, for example, has revamped its French factories to streamline EV manufacturing and reintroduced the iconic Renault 5 in electric format. Some governments in the US and EU have imposed tariffs, citing the importance of balanced competition and secure digital infrastructure. Chinese manufacturers emphasize their commitment to compliance and collaboration in international markets.  

Many experts see potential for continued growth and integration. With most modern cars already incorporating components from around the world, including China, the future of electric mobility appears increasingly interconnected. Many believe regulation, not panic, is the best way forward. What’s clear is that Chinese EVs will play a key role in the future of global transportation.

CoinCorner Partners with Bitnob, Pouch, Enabling Cross-border Transfer of Funds

CoinCorner has recently announced two new partnerships: Bitnob and Pouch. Their partnership with Bitnob enables users in the UK and Europe to transfer funds, either starting with British pound (GBP) or Euro (EUR) to Nigeria, Kenya and Ghana instantly and for free. CoinCorner’s partnership with Pouch enables users to transfer funds, either of GBP or… Continue Reading

COVID 19: Where is the Global Economy Headed?

As we all know, the entertainment and hospitality industry  suffered the biggest blow with the coronavirus pandemic.  A recent UNCTAD Report (presented in conjunction with UNWTO) has put the figure of financial loss with the international tourism sector at adding over $4trillion to the worldwide GDP for 2020 and 2021. It’s not just tourism but… Continue Reading

Global Inflation

Inflation has spiraled everywhere.  According to Andrei Belousov, Russia’s First Deputy Prime Minister, there are various reasons for this: a dwindling monetary policy and reduced cross-border capital flows.  He said: “The inflation wave has affected the world’s economy quite unexpectedly. We know inflation in the US is unprecedentedly high, over 4%. An inflation wave starts… Continue Reading

Global Financial Services Market

Financiers anticipate that the financial services market around the world will see a substantial increase this year from an approximated $20,490.46 billion from 2020 to  $22,515.17 billion this year.  In 2025 the anticipated CAGR rate of growth is 6 percent with a market expectation of $28,529.29 billion The rationale behind this growth can be seen… Continue Reading

Rosalind Brewer Becomes 20th Black CEO in America

Rosalind Brewer has been named incoming CEO of Walgreens, effective March 15, 2021. This role makes Brewer, who is leaving her position as COO at Starbucks, the only Black woman to lead a Fortune 500 company. Brewer joins the other 19 Black CEOs — 17 men and two women — who have ever been listed as… Continue Reading

FinTru Opens Offices in New York

The UK-based financial services firm FinTrU opened its first North American offices in New York City. The FInTru offices are set up on Avenue of the Americas in Manhattan and represent an international growth for the award-winning fintech company. “Many of our tier one investment bank clients are based in New York so it was… Continue Reading