Investing and Global Finance News

Category Archives: International

Sudan’s Antiquities and Market Oversight

Sudan’s museum collections have become a serious provenance problem for the global antiquities market. The country’s antiquities authority estimates that treasures worth $150 million have been looted since the conflict began, with artifacts moving from damaged museums into cross-border smuggling routes and private resale channels.

The alleged looting has affected the Sudan National Museum and regional institutions including the Sultan Ali Dinar Museum and the Nyala Museum, with collections spanning the Stone Age through the Islamic era. The pattern points to a basic market vulnerability. Compact, high-value items such as gold, jewelry, paintings and pottery can be moved quietly, sold through informal dealers, or placed on online platforms before their origins are properly questioned.

For collectors, museums, auction houses and digital marketplaces, the commercial issue is documentation. Once an artifact passes through smugglers, intermediaries and private buyers, recovering it becomes slow, expensive and uncertain. Objects that lack reliable ownership records can expose buyers and platforms to legal claims, reputational damage and future restrictions on resale.

Online listings have already drawn scrutiny from experts, and international cultural bodies have warned market participants against handling Sudanese artifacts without reliable provenance. That places greater pressure on buyers and sellers to verify ownership history before an object enters commercial circulation, especially when it comes from a country with active heritage losses.

Weak documentation, fragmented enforcement and opaque resale channels allow stolen public assets to become tradeable inventory. Sudan’s cultural loss has become a market oversight problem, with priceless objects entering circulation whenever provenance standards fail to keep looted artifacts out of legitimate commerce.

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… Continue Reading

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