One of the more peculiar aspects of the US-Japanese yen intervention is the role of the Federal Reserve’s Foreign and International Monetary Authorities (FIMA) repo facility, which has been plucked ...

Military activity in and around the disputed city of Alamata has sparked concerns that the fragile peace that followed the 2020–2022 Tigray War could unravel. Residents of Alamata, a city that ...

NEW YORK — U.S. Treasury Secretary Scott Bessent’s call on the Federal Reserve to expand a facility that lends cash to official foreign accounts could add to the firepower available to help Japan ...

Aug 4 (Reuters) – It would be reasonable for the Federal Reserve to increase the size of a stopgap liquidity facility that Japanese authorities are eyeing for use in their effort to prop up the yen ...

The U.S. joined Japan in a rare foreign-exchange intervention to support the yen after the currency slid to 40-year lows. Bessent wants the Fed’s FIMA Repo Facility expanded so Japan can raise dollars ...

A few months after coming to power in April 2018, Ethiopian Prime Minister Abiy Ahmed signed a peace deal to end a decades-long insurgency in the country’s Oromia region. The same summer, he struck a ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The system was officially launched at the Ethiopia Digital Payment ...

If you liked this story, share it with other people. Ethiopia inaugurated Africa’s largest hydroelectric dam in 2025, positioning itself as a regional energy exporter while millions of its citizens ...

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit.