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Trading basics

Agreement on Trade-Related Investment Measures

The Agreement on Trade-Related Investment Measures (TRIMs) are rules that are applicable to the domestic regulations a country applies to foreign investors, often as part of an industrial policy. The agreement, concluded in 1994, was negotiated under the WTO's predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force in 1995. The agreement was agreed upon by al

Fiat currencies

Alexander Van der Bellen

Alexander "Sascha" Van der Bellen (born 18 January 1944), also referred to by the abbreviation VdB, is an Austrian politician serving as the president of Austria since 2017. He was previously a professor of economics at the University of Vienna, and after joining politics, the spokesman of the Austrian Green Party.

Banking

Bank Australia

Bank Australia is an Australian customer-owned bank based in Collingwood, Victoria. The organisation can trace its origins back to 1957, when the CSIRO Co-operative Credit Society was formed. Over succeeding years, mergers among 72 other credit unions and co-operative banks eventually led to the creation of the Members & Education Credit Union (mecu) in 2003, which became Bankmecu in 201

Banking

Banking in Cuba

This article discusses banking in Cuba and gives an overview of the recent past. For details on the Cuban economy in general, see economy of Cuba.

Banking

Banking in Eritrea

Modern banking in Eritrea started with the arrival of the Italian colonizers. However, from 1974 on (due to the nationalization decided by the Ethiopian Government of Mengistu Haile Mariam), the banking sector became a government monopoly. This situation continued after Eritrea achieved its independence. The Bank of Eritrea is the central bank of Eritrea.

Banking

Banking in Guyana

Banking in Guyana follows the country's tumultuous economics history, from formal introduction under British rule, the socialist-oriented nationalization of banks at independence, to IMF sponsored open-market initiatives. The banking industry faces increased pressure to meet global standards domestically, as well as attract international investors, and serve the large number of diaspora

Banking

Banking in New Zealand

The Banking sector in New Zealand dates back to the early days of European settlement in the country. Over the years, the banking industry has played a vital role in supporting economic growth and development, providing financial services to individuals, businesses, and the government. This article explores the significant milestones and transformations in the history of the New Zealand

Banking

Banking in Nicaragua

Banking in Nicaragua refers to its financial system, which includes private and state-owned banks, microfinance institutions, financial cooperatives, and insurance providers. All institutions are regulated by the Superintendency of Banks and Other Financial Institutions (SIBOIF), which makes sure there compliance with domestic laws and international standards. The Nicaraguan banking sect

Banking

Banking in Nigeria

The banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959.

Banking

Banking in Panama

Panama has a substantial financial services sector. The sector grew up providing trade finance for trade passing through the Panama Canal, and later evolved into money laundering for the drug trade under Manuel Noriega.

Banking

Banking in South Africa

Banking in South Africa comprises numerous competitive commercial banks (serving both consumers and businesses), private banks, asset management firms, and co-operative financial institutions. Many of these institutions, especially the commercial and private banks, also operate outside the country's borders.

Banking

Banking in South Sudan

Established by the Bank of South Sudan Act of 2011, the Central Bank of South Sudan is statutorily mandated to regulate the operations of all financial institutions in the country, including commercial banks. The Central Bank fulfills this mandate by issuing prudential guidelines and regulations as provided for under the Act. In theory, the licensed commercial banks are obligated to oper

Banking

Banking in Sudan

Banking in Sudan covers the history, development and structure of banking in the Sudan. From the inheritance of the banking system from the Anglo-Egyptian Sudan to the establishment of the Sudan central bank in 1959 and development of Islamic banking in the mid 1970s.

Banking

Banking in Tunisia

Banking in Tunisia is a service industry comprising 23 domestic banks of which, are three state owned banks.

Banking

Banking in Uganda

Before Uganda's independence in 1962, the main banks in Uganda were Barclays (UK based); Grindlays (also UK), Standard Bank (South Africa based) and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the Cent

Fiat currencies

Botswana pula

The pula is the currency of Botswana. It has the ISO 4217 code BWP and is subdivided into 100 thebe. Pula literally means "rain" in Setswana, because rain is very scarce in Botswana—home to much of the Kalahari Desert— playing a major role in rites of traditional Tswana belief; therefore valuable and the word extends its meaning as "blessing" or "fortune". The word also serves as the nat

Trading basics

Cape Verdean escudo

The escudo (sign: ; ISO 4217: CVE) is the currency of the Republic of Cape Verde. One escudo is subdivided into one hundred centavos.

Trading basics

Central African CFA franc

The Central African CFA franc (French: franc CFA or simply franc; ISO code: XAF; abbreviation: F.CFA) is the currency used in six independent states in Central Africa: Cameroon, the Central African Republic, Chad, the Republic of the Congo, Equatorial Guinea and Gabon. These six countries had a combined population of 55.2 million in 2020, and their total GDP exceeded US$100 billion (as o

Trading basics

CFP franc

The CFP franc (French: Franc pacifique, called the franc in everyday use) is the currency used in the French overseas collectivities (French: collectivités d'outre-mer, or COM) of French Polynesia, New Caledonia, and Wallis and Futuna. The initials CFP originally stood for colonies françaises du Pacifique (lit. 'French colonies of the Pacific') but since 2022 is officially Collectivités

Trading basics

Comorian franc

The franc (French: franc comorien; Arabic: فرنك قمري; sign: FC; ISO 4217 code: KMF) is the official currency of Comoros. It is nominally subdivided into 100 centimes, although no centime denominations have ever been issued.

Finance

Cost of living in Namibia

The cost of living in Namibia is higher than some other regional cities in the southern region of the African continent. Namibia imports about 50% of its cereal requirements. Many other items used in daily life also need to be imported. High transportation costs make prices very high and unaffordable. Monopolies in some business sectors causes higher profit booking, which also results in

Trading basics

Dahabshiil

Dahabshiil (Somali: Dahabshiil, Arabic: دهب شيل) is a Somali funds transfer company, headquartered in Dubai, UAE, and is the largest money-transfer business in Africa. Formed in 2004, the firm operates from over 24,000 outlets and employs more than 2,000 people across 126 countries. It provides financial services to international organisations, as well as to both large and small business

Trading basics

Djiboutian franc

The Djiboutian franc (Arabic: فرنك, French: Franc, Somali: Faranka, Afar: Faranki) is the currency of Djibouti. Its ISO 4217 currency code is DJF. Historically, it was subdivided into 100 centimes.

Trading basics

Eritrean nakfa

The nakfa (ISO 4217 code: ERN; Tigrinya: ናቕፋ naḳfa, or Arabic: ناكفا or نقفة nākfā) is the currency of Eritrea and was introduced on 15 November 1997 to replace the birr at par. The currency takes its name from the Eritrean town of Nakfa, site of the first major victory of the Eritrean War of Independence. The nakfa is divided into 100 cents.

Banking

EURion constellation

The EURion constellation (also known as Omron rings or doughnuts) is a pattern of symbols incorporated into a number of secure documents such as banknotes, cheques, and ownership title certificate designs worldwide since about 1996. It is added to help imaging software to detect the presence of such a document in a digital image, or scanners to detect such a document being scanned. The s

Fiat currencies

Franc

The franc is any of various units of currency. One franc is typically divided into 100 centimes. The name is said to derive from the Latin inscription francorum rex (King of the Franks) used on early French coins and until the 18th century, or from the French franc, meaning "frank".

Trading basics

French Polynesian franc

The franc is the currency of French Polynesia, part of the CFP franc since 1945 and issued by the Institut d'émission d'outre-mer (IEOM) in Paris. It is subdivided into 100 centimes, although centime denominations are no longer in circulation.

Fiat currencies

Gold franc

The gold franc (currency code: XFO) was the unit of account for the Bank for International Settlements from 1930 until April 1, 2003. It was replaced with the special drawing right. It was originally based on the Franc Germinal, and remained at the value the franc was pegged (0.290322 g fine gold) after the countries of the Latin Monetary Union came off the gold standard.

Finance

Green finance and the Belt and Road Initiative

Green finance is officially promoted as an important feature of the Belt and Road Initiative, China's signature global economic development initiative. The official vision for the BRI calls for an environmentally friendly "Green Belt and Road".

Trading basics

Hisense Kelon

Hisense Kelon, doing business as Kelon (stylized in all uppercase in its logo) and formerly known as Guangdong Kelon Electrical Holdings Company Limited, is one of the largest Chinese manufacturers of white goods, producing refrigerators, air conditioners, and small electric appliances. The company is well known in mainland China under its brand names Kelon (科龙) and Ronshen (容声). The com

Finance

Indonesia and the World Bank

The World Bank Group's involvement in Indonesia has developed over the past sixty years to become one of the Group's most significant operations, including lending, knowledge services, and implementation support. Since 2004, World Bank assistance has evolved into a more collaborative system of support for a policy agenda with significant domestic control and guidance, better conforming w

Trading basics

International tourism advertising

International tourism advertising is tourism-related marketing on the part of a private or public entity directed towards audiences abroad, and might target potential travelers and non-travelers alike. Wholly private firms such as travel agencies, hotel chains, cruise agencies, non-governmental organizations (NGOs) often run their own advertising campaigns to market their existence, mis

Finance

Internationalization of the renminbi

Since the late 2000s, the People's Republic of China (PRC) has sought to internationalize its official currency, the renminbi (RMB) or Chinese yuan (CNY). This initiative aims to reduce dependence on the United States dollar and enhance China's influence in the global financial system. Key strategies have included promoting the use of the yuan in international trade invoicing, cross-bord

Trading basics

Kirk Kerkorian

Kerkor "Kirk" Kerkorian (Armenian: Քըրք Քըրքորեան; June 6, 1917 – June 15, 2015) was an American businessman, investor, and philanthropist. He was the president and CEO of Tracinda Corporation, his private holding company based in Beverly Hills, California. Kerkorian was one of the important figures in the shaping of Las Vegas and, with architect Martin Stern Jr., is described as the "fa

Securities & exchanges

Léopold Renouard

Jules-Léopold Renouard (27 January 1833 – 7 March 1910) was a stock broker, financier and banker from Paris.

Trading basics

Lesotho loti

The loti (plural: maloti) is the currency of the Kingdom of Lesotho. It is subdivided into 100 sente (pl. lisente). It is pegged to the South African rand on a 1:1 basis through the Common Monetary Area, and both are accepted as legal tender within Lesotho. The loti was first issued in 1966, albeit as a non-circulating currency. In 1980, Lesotho issued its first coins denominated in both

Trading basics

List of countries by Corruption Perceptions Index

This is a list of countries by Corruption Perceptions Index (CPI) as published by Transparency International, including scores and rankings. The Corruption Perceptions Index (CPI) assesses countries by their perceived levels of public sector corruption, as assessed by experts and business executives. The CPI generally defines corruption as an "abuse of entrusted power for private gain".

Trading basics

List of countries by foreign direct investment inflows

This is the list of countries by flows of received foreign direct investment (FDI). The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.

Finance

Ministry of Finance (Algeria)

The Ministry of Finance (Arabic: وزارة المالیة, French: Ministère des finances) is a government ministry of Algeria responsible for public finances. As of 2025, Abdelkrim Bouzred is the current Minister of Finance.

Trading basics

Morris Air

Morris Air was a low-fare airline in the Western United States, based in Salt Lake City, Utah. It began scheduled operations in 1992, and was sold to Southwest Airlines in December 1993 for over $120 million in stock. The airline officially became part of Southwest in the autumn of 1994. Morris Air was the first airline in the world to invent e-ticket (ticketless) travel based on the sug

Finance

Multilateral Investment Guarantee Agency

The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. These guarantees help investors protect foreign direct investments against political and non-commercial risks in developing countries. MIGA is a member of the World Bank Group and is headquartered in Washington, D.C. in the

Trading basics

Namibian dollar

The Namibian dollar (symbol: $ or N$; code: NAD) has been the currency of Namibia since 1993. It is normally abbreviated with the dollar sign ($), or alternatively N$ to distinguish it from other currencies called “dollar.” It is divided into 100 cents.

Trading basics

New Caledonian franc

The franc is the currency of New Caledonia and Wallis and Futuna, part of the CFP franc since 1945 and issued by the Institut d'émission d'outre-mer (IEOM) in Paris. It is subdivided into 100 centimes, although centime denominations are no longer in circulation.

Trading basics

Ni no Kuni: Cross Worlds

Ni no Kuni: Cross Worlds is a role-playing video game developed by Netmarble Neo and published by Netmarble. Following a 2021 mobile release in Southeast Asia, the game was released worldwide in May 2022 for Android, iOS, and Windows. Level-5 approached Netmarble to create an MMORPG based on its Ni no Kuni series. The developers sought to imitate the series atmosphere, building the game

Banking

Ouhoumoudou Mahamadou

Ouhoumoudou Mahamadou (born 1954) is a Nigerien politician of the Nigerien Party for Democracy and Socialism (PNDS-Tarayya) who served as Prime Minister of Niger between 3 April 2021 and 26 July 2023, when he was removed in a coup d'état.

Fiat currencies

Panda bonds

A Panda bond is a Chinese renminbi-denominated bond from a non-Chinese issuer, sold in the People's Republic of China. Unlike the dim sum bond, Panda bonds are issued in the onshore market for onshore renminbi.

Finance

Portugal's list of tax havens

Under Ministerial Order n. 150/2004 of 13 February, issued by the Portuguese Ministry of Finance and consequently updated, Portugal defines an official blacklist of countries and jurisdictions considered for legal and tax purposes as tax havens.

Finance

Russia and the World Bank

The Russian Federation joined the World Bank after the collapse of the Soviet Union, which led to the formation of a new state and economy as a constitutional republic. The federation joined the World Bank on June 16, 1992. Since then, Russian projects funded by the World Bank have ranged from public administration and law to energy development and fishing. On March 2, 2022, the World Ba

Trading basics

São Tomé and Príncipe dobra

The dobra (Portuguese pronunciation: [ˈdɔβɾɐ]) is the currency of São Tomé and Príncipe. It is abbreviated Db and is divided into 100 cêntimos. The first dobra (STD) was introduced in 1977, replacing the escudo at par. Due to past inflation, on 1 January 2018 the dobra was redenominated at a rate of 1000 to 1, and given the new ISO 4217 currency code STN.

Finance

SCO Interbank Consortium

The Shanghai Cooperation Organisation Interbank Consortium (abbreviated as SCO IBC) is a platform for joint financing of development projects by members and other participants of the Shanghai Cooperation Organisation (SCO).

Finance

Serbia and the International Monetary Fund

Serbia has been a member of the International Monetary Fund (IMF) since December 14, 2022 with a quota of Special Drawing Rights (SDR) 654.8 million ($615.21 million) and 8,000 votes (0.16% of the total vote share). Serbia is currently represented on the Executive Board by Piotr Trabinski in a constituency with Azerbaijan, Kazakhstan, the Kyrgyz Republic, Poland, Serbia, Switzerland, Taj

Finance

Sri Lanka and the World Bank

Sri Lanka has been involved with the World Bank since its initial entrance into the International Bank for Reconstruction and Development (IBRD) on August 29, 1950. Currently, Sri Lanka's quota in the IBERT is approximately 515.4 million dollars, thus allotting 5,846 votes or 0.25% of the total votes in the institution. Sri Lanka later became a member of the other institutions in the wor

Trading basics

Swazi lilangeni

The lilangeni (plural: emalangeni, ISO 4217 code: SZL) is the currency of Eswatini and is subdivided into 100 cents. It is issued by the Central Bank of Eswatini (in swazi Umntsholi Wemaswati) and is authorised by the king and his family. The South African rand is also accepted in Eswatini. Similar to the Lesotho loti, there are singular and plural abbreviations, namely L and E, so where

Trading basics

The Best Job in the World (advertising)

In 2009, Tourism Queensland promoted the Great Barrier Reef as a global tourism destination with a website encouraging people worldwide to apply for The Best Job In The World, to be a "Caretaker of the Islands" to "house-sit" the islands of the Great Barrier Reef for half a year, based on Hamilton Island.

Trading basics

The Superinvestors of Graham-and-Doddsville

"The Superinvestors of Graham-and-Doddsville" is an article by Warren Buffett promoting value investing, published in the Fall, 1984 issue of Hermes, Columbia Business School magazine. It was based on a speech given on May 17, 1984, at the Columbia University School of Business in honor of the 50th anniversary of the publication of Benjamin Graham and David Dodd's book Security Analysis.

Banking

Thomas Boni Yayi

Thomas Boni Yayi (born 1 July 1951) is a Beninese banker and politician who was the president of Benin from 2006 to 2016. He took office after winning the March 2006 presidential election and was re-elected to a second term in March 2011. He also served as the chairperson of the African Union from 29 January 2012 to 27 January 2013 and currently serves as a senator since 30 July 2026.

Trading basics

Trade in services statistics

Trade in services statistics are economic statistics which detail international trade in services. They received a great deal of focus at the advent of services negotiations which took place under the Uruguay Round, which became part of the General Agreement on Trade in Services, one of the four principal pillars of the World Trade Organization (WTO) trade treaty, also called the "WTO A

Finance

Turkey and the World Bank

The World Bank Group (WBG) has been lending aid and providing means of promoting development to Turkey since July 1950, which began with the implementation of a series of port construction and development projects meant to ignite commercial economy and cultivate stability within the region. These established ports have been integral to the development and success of economic growth and

Banking

Ukraine and the World Bank

Ukraine joined the World Bank in 1992, and over the 25 years since, the World Bank has committed $10 billion to over 70 projects in Ukraine. Ukraine is in a constituency with Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Macedonia, Moldova, Montenegro, Romania, and the executive director of the constituency is Frank Heemskerk from the Netherlands.

Trading basics

West African CFA franc

The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union (UEMOA): Benin, Burkina Faso, Côte d'Ivoire (Ivory Coast), Guinea-Bissau, Mali, Niger, Senegal and Togo. These eight countries had a combined population of 105.7 m