The Financials Hub

04/12/2024

President of South Korea Yoon imposes martial law. Parliament strikes back and proposes an Impeachment process in parliament.

https://financialshub.info/blogs/crisis-in-south-korea-president-yoon-declares-martial-law-parliament-strikes-back

The President of South Korea, Yoon Suk Yeol declared martial law on December 3rd, 2024, creating a new political storm in the country and the region. This is attributed to anti-state statements against the country and in support of North Korea. There have been growing concerns about the influence of...

02/12/2024

Donald Trump has threatened to impose a 100% tariffs on BRICS or any nation that moves away from the US dollar. https://financialshub.info/blogs/trump-s-tariff-tactics-the-100-threat-to-brics-and-the-dollar-s-global-dominance

Donald Trump’s recent utterances on the imposition of 100% tariffs on BRICS countries have sparked a new debate in the political and economic sphere on the global scene. This raises questions about the balance of global trade and economic alliances heading into the future. The BRICS nations mainly...

01/12/2024

Countries are stepping up regulations in controlling social media use by young users. Australia sets up a regulation policy in the use of social media

Social media platforms have been a place for connecting with friends, and family thus making the world a global village. Social media has also grown to be a center of information. Businesses have also moved to social media to enhance their online presence and reach a wider customer base. With more u...

28/11/2024

Starlink has faced difficulties entering the internet service provider market in Africa particularly in Namibia and Kenya.

https://www.financialshub.info/blogs/starlink-s-africa-s-technological-a-clash-of-innovation-and-regulation.

Starlink has been facing different challenges in Africa, as it seeks entry into the continent’s market. The company seeks to revolutionize the Internet space in Africa by making it affordable and convenient to all users. Since it got into the Kenya market in July 2023, it has created competition t...

27/11/2024

Nissan's Global Overhaul in Restructuring efforts amidst competition from Chinese electric vehicle automakers such as BYD. Is this the end of the Japanese car's popularity?

https://financialshub.info/blogs/nissan-s-global-overhaul-restructuring-amidst-the-chinese-ev-revolution

The automobile landscape globally is changing dynamically. With new players emerging while others slump due to various factors, such as competition from other auto players. This has led several auto companies to rethink their strategies in the industry, as a way of smoothing operations and increasin...

26/11/2024

The UK is calling for fresh elections just after 4 months since it held the elections. Elon Musk has backed the calls for fresh elections in a Petition that has already garnered more than 2 million signatures.

https://financialshub.info/blogs/tax-policies-and-leadership-failures-elon-musk-on-the-rising-call-for-fresh-elections-in-the-uk

Keir Stammer took over the Prime Minister post in the UK after former Prime Minister Rishi Sunak's resignation in July 2024. Keir Stammer's Labour Party won the elections in a landslide victory, outmanoeuvring Rishi Sunak’s Conservative Party. However, just after 5 months of Keirr Stammer as the U...

17/11/2024

The economic policies in Kenya have been in favour of Tanzania.
https://financialshub.info/blogs/kenya-s-economic-shift-tanzania-s-gain-and-east-africa-s-new-trade-dynamics

Kenya is the gateway and hub to the East and Central Africa region. Known as the athletics nation of Africa, Kenya has shown great potential over the years in different industries. It is also referred to as the Silicon Valley of Africa due to its technological developments in e-commerce and cashless...

12/11/2024

A look at Global Implications as Donald Trump assumes office as the 47th President of the US at the White House, in January 2025.
https://financialshub.info/blogs/trump-s-return-to-the-white-house-economic-shockwaves-across-the-globe

Donald Trump was elected as the 47th president of the United States of America in the 2024 US elections and will officially assume office in January 2025. Like Grover Cleveland in 1885-1889, 1893-1897 who served as the US President in non-consecutive terms, he is the second president to be elected b...

04/11/2024

Crypto's Political Power Play: The Role Of Digital Currencies In The 2024 U.S. Presidential Elections as the Country Heads to the Ballot. They have been the biggest financiers of US Election campaigns.
https://financialshub.info/blogs/the-cryptos-influence-on-us-presidential-elections-as-the-us-heads-to-the-ballot.

Cryptocurrencies are new financial assets shaping and shaking up the global financial systems. Cryptocurrencies began with the creation of Bitcoin (BTC) in 2009. It became the first decentralized digital coin/currency that relies on cryptography to conceal and ensure the identity of the users, makin...

29/10/2024

Blockchain is the hope of Africa's Health Sector. Countries like Kenya and Nigeria are already using Blockchain technology in the health sector.
https://financialshub.info/blogs/blockchain-a-beacon-of-hope-for-africa-s-heathcare-sector

Technology has continued to greatly influence different sectors in the African region. The health sector in Africa has adopted the use of technology by integrating information communication systems in understanding health systems that encompasses people and laid out structures. Technology continues....

24/10/2024

On 22/10/2024, the 16th BRICS Summit was held in the Russian City of Kazan for a 3-day event to discuss geopolitical and investments among its members.The members have agreed to set up a new global currency to rival the dominance of the US dollar as the primary currency for global transactions.https://luglawhaulsano.net/4/8355644
https://financialshub.info/blogs/brics-summit-2024-the-bloc-with-new-global-currency

On 22/10/2024, the 16th BRICS Summit was held in the Russian City of Kazan for a 3-day event to discuss geopolitical and investments among its members. Having been established in the year 2009 under the umbrella of Brazil, Russia, India, and China, the bloc continues growing and attracting more atte...

19/10/2024

In a significant move that underscores the growing importance of East Africa as a financial hub, JP Morgan Chase has officially opened a representative office in Kenya.This move is expected to enable the bank to reach a wider market in the African region.
https://financialshub.info/blogs/jp-morgan-chase-expands-into-kenya-a-new-era-for-east-african-finance.

https://luglawhaulsano.net/4/8355644

In a significant move that underscores the growing importance of East Africa as a financial hub, JP Morgan Chase has officially opened a representative office in Kenya. This development comes after nearly 12 years of planning and marks a major milestone for both the bank and the region. This move is...

12/10/2024

The European Union has recently imposed massive tariffs on electric vehicles( EVs) from China. This aims to control the entry of electric vehicles from China to Europe and safeguard the local EV manufacturing companies in European countries. This escalates the existing trade wars between China and Europe as China was hit by tariffs on EVs by 45% on 4th October 2024.

The European Union has recently imposed massive tariffs on electric vehicles( EVs) from China. This aims to control the entry of electric vehicles from China to Europe and safeguard the local EV manufacturing companies in European countries. This escalates the existing trade wars between China and E...

08/10/2024

Claudio Sheinbaum Takes Over As First Female President In Mexico Amidst Rise In Gangs. She takes over from populist President Andres Manuel Lopez whose tenure saw an increase in homicide cases in the country.
https://financialshub.info/blogs/claudio-sheinbaum-takes-over-as-first-female-president-in-mexico-amidst-rise-in-gangs

Mexico elected the first female president Claudia Sheinbaum, who succeeds populist and former president Andres Manuel Lopez. The former president Andres Manuel Lopez managed to slash poverty levels in Mexico despite the divisive policies witnessed in his government. Having mentored Claudia Sheinbaum...

04/10/2024

Web 3 is an idea for a new iteration of the World Wide Web that incorporates concepts such as decentralization, blockchain technologies, and token-based economics. It aims to give users more control over their data and content and to enable more peer-to-peer interactions without intermediaries. Can countries like Kenya benefit from use of Web 3?

Web 3 is an idea for a new iteration of the World Wide Web that incorporates concepts such as decentralization, blockchain technologies, and token-based economics. It aims to give users more control over their data and content and to enable more peer-to-peer interactions without intermediaries. Some...

27/09/2024

China has continued to show its prowess in innovation and technology surpassing other nations to being a leader in this sector. It is projected by 2030 that China will fully have integrated the use of Artificial Intelligence (AI) making it the only country to do so.

China has continued to show its prowess in innovation and technology surpassing other nations to being a leader in this sector. It is projected by 2030 that China will fully have integrated the use of Artificial Intelligence (AI9) making it the only country to do so. The question that comes into pla...

24/09/2024

Why the corporate con in Kenya by Adani's Group to take over JKIA. Further interests in transmission of power of lines and in the health sector raises more questions and scrutiny of deals made between the Kenyan Government and Adani.
https://financialshub.info/blogs/why-adani-s-group-corporate-con-in-kenya

Adani Group is an Indian multinational conglomerate company, headquartered in Ahmedabad, India. The group's businesses include sea and airport management, electricity generation and transmission, mining, natural gas, food, weapons, and infrastructure. Adani Group has subsidiaries which are Adani Ent...

20/09/2024

Adani Group denied allegations regarding frozen funds in Swiss accounts, stating they have no involvement in Swiss court proceedings.
The Adani group from India is said to be among those companies who have caught the attention of people on dubious dealings .From Kenya, Australia, Netherlands and India they have received backlash on making deals behind the doors.