Iran’s largest cryptocurrency platform, Nobitex, has been hacked by an activist group linked to Israel, known as Gonjeshke Darande (Predatory Sparrow). The attackers reportedly stole over $90 million in crypto, though updated estimates place the stolen amount at around $82 million. Threatened After Earlier Bank Attack The hackers posted online: “After Bank Sepah, it was […]
Recently, Moody’s downgraded the credit outlook of the United States, signaling concerns over its fiscal direction and rising debt levels. While the U.S. still holds a high credit rating, this move has reignited global conversations about the consequences of a sovereign credit rating downgrade. But what exactly does this mean? and what happens when a […]
During the Spring Meetings of the International Monetary Fund (IMF) and World Bank, Lebanon’s delegation, and U.S Deputy Envoy Morgan Ortagus ,led by Finance Minister Yassine Jaber, held a series of productive meetings with IMF officials and representatives from various international financial institutions. Sources familiar with the discussions described them as constructive, largely due to […]
Lebanon’s Finance Minister, Yassine Jaber, held his first meeting with the Association of Banks in Lebanon following his appointment. The discussions focused on key issues amidst ongoing negotiations with the International Monetary Fund (IMF) to address Lebanon’s financial challenges. Preparations for IMF Negotiations After the meeting, Jaber described it as a congratulatory visit and emphasized […]
m.fakheraldin
