As the world’s biggest sporting event closes, a look at the multi-billion dollar legacy left in Doha. This article appears in the July/August 2026 issue of Global Finance Magazine. Three and a half years ago, the FIFA World Cup kicked off in Doha, at a stadium inspired by a traditional Bedouin tent. The opening ceremony featured…
Coca-Cola (KO -0.76%) has raised its dividend for 64 consecutive years and yields about 2.4% at a share price near $90. I think it belongs in most income portfolios, though not for the reason most people assume. In February, Coca-Cola raised its quarterly payout from $0.51 per share to $0.53, bringing the annual dividend to…
A customs revamp is a welcome change, but logistics and transit bottlenecks still stifle African trade. To curb revenue and income losses and accelerate trade across 50 member states, the African Continental Free Trade Area (AfCFTA) Secretariat partnered with Nigeria’s Bergmans Security Consultants and Supplies Ltd. in a $3.1 billion deal to roll out a…
The Pound Sterling (GBP) tumbles versus the US Dollar (USD) on Friday as Federal Reserve (Fed) Chair Kevin Warsh put inflation as the priority at the Fed, increasing the likelihood of an interest rate hike next month. The GBP/USD trades at 1.3538, down 0.40%. GBP/USD slides as Warsh keeps Fed’s inflation focus firmly intact Finally,…
The central bank poured cold water on the claim that stablecoin can make cross-border remittances cheaper. A new study from Italy’s central bank challenges one of the crypto industry’s biggest selling points: that stablecoins can make cross-border remittances cheaper and faster than traditional payment networks. Banca d’Italia’s research examined remittance corridors involving Italy, Argentina, Brazil,…