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Build, build, build, stop!
Ernst Hemingway once wrote that bankruptcies happen gradually, and then suddenly. Such words seem appropriate to describe the fate of Evergrande, one of China’s largest real-estate developers, that appears set to default on debt interest repayments. It had been known for months that the giant Asian firm was experiencing severe difficulties caused by a slowdown[…]
Our unlikely partnership with dogs
Known as men’s best friend, dogs are undoubtedly our favourite pets. They entertain, provide company, guard our houses and even work alongside security forces, hunters and shepherds. Estimations point at a worldwide population of over 900 million dogs which overwhelmingly dominate the global pet industry, with cats taking a distant second place. The sector was[…]
The world leading Sand Dollar
Last year The Bahamas became a global leader in e-money, after launching its own Central Bank Digital Currency (CBDC), the Sand Dollar, ranked number one in the PwC Global CBDC Index. A remarkable achievement for the nation, that captured headlines around the world. But what is a CBDC? Should other nations follow the example of[…]