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External Debt

Economy 101: Top Economies in Africa – Strengths, and Weaknesses

G20 Economy African European Union

The G20 (Group of Twenty) is the world’s premier forum for international economic cooperation, bringing together 19 major economies (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom, United States) plus the European Union and, since 2023, the African Union as a permanent member. Together they represent about 85% of global GDP, 75% of international trade, and two-thirds of the world’s population. Image source: Wikipedia / European Union

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Economy 101: The Powerful G20 – History, Members, and Objectives

G20 Economy African European Union

The G20 (Group of Twenty) is the world’s premier forum for international economic cooperation, bringing together 19 major economies (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom, United States) plus the European Union and, since 2023, the African Union as a permanent member. Together they represent about 85% of global GDP, 75% of international trade, and two-thirds of the world’s population. Image source: Wikipedia / European Union

Read More »Economy 101: The Powerful G20 – History, Members, and Objectives

Economy 101: Understanding Global External Debt Management

External Debt Economy Money Global

Global external debt refers to the total amount of money that countries owe to foreign creditors. This financial liability can encompass debts to foreign governments, international organizations, or private foreign entities. It is a critical component of a country’s national account, reflecting its borrowing from external sources to fund various activities and developments. Image source: YouTube

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Economy 101: Cryptocurrency: Fueling a New Economic Paradigm

Cryptocurrency Money Cash Investment Economy

Cryptocurrency is defined as a digital or virtual form of currency that employs cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized networks that utilize blockchain technology. This revolutionary technological framework enables secure, transparent, and efficient transactions over a peer-to-peer network without the need for intermediaries such as banks or payment processors. Photo by David McBeeRead More »Economy 101: Cryptocurrency: Fueling a New Economic Paradigm

Economy 101: Seriously, What Drives The Big Economy?

Hadi Awang PAS Taliban PN Islamic Economy

Despite one can dismiss this as another dumb statement from the PAS leader where he openly says that the liberalisation of the capitalist-based economy & not an Islamic one is the root of the suffering of the people, the question is what makes or breaks the economy of the country like how it did in Venezuela? Image source: Malaysiakini/Twitter

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Budget 2023: Why We Are Not Addressing Financial Leakages & Wastages?

National Budget Malaysia Economy Deficit

Malaysia always had a deficit national budget where The Government had always spent more than what it can collect except for the so-called golden years between 1993 to 1997 when the budget recorded a surplus and also low deficit budgets in between. Image source: Trading Economics.

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Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?

Sri Lanka Riot External Debt

COVID-19 pandemic, public funds mismanagement and corruption have driven some countries into severe external debts that they were unable to recover from and this saw massive public riots that had driven the politicians involved out of their country. One such example is Sri Lanka where the President of the country had fled the country and the country is in a major riot. Image source: BBC

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