Nubank is a Brazilian financial technology bank with a highly digital orientated business model, currently operating in Brazil, Mexico, and Colombia. Founded in 2013, it took just four years to reach a 1 billion USD valuation, becoming a unicorn start-up, and most recently in June 2021, it was valued at 30 billion USD in its…

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The past year has seen what the International Monetary Fund has labelled as “cryptoization” in their recent October report; the rapidly growing crypto footprint across emerging market economies, where the use of cryptocurrency for everyday transactions has dramatically increased. IMF researchers have discovered that the top five countries using or owning crypto assets in 2021…

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Since its nationalisation in 1953, Air India has not had consistent success under state control. It has accumulated losses currently worth $9.5 billion and has struggled to compete, especially following the emergence of low-cost carriers (LCC), which now dominate India’s airline industry. Therefore, in June 2017 the Government of India approved its privatisation and have…

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Given that more than 45% of Brazil’s total energy consumption will come from green energy by 2023, it may seem strange that Petrobras will have a limited role in this transition. The oil company, which is controlled by the Brazilian government but is also listed in the New York and Sao Paulo stock exchanges, is…

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China’s increasing cashless operations, which amounted to 49 trillion USD in 2020, have incentivised the Chinese government to create its own digital currency – the Digital Currency Electronic Payment (DCEP) or Digital Yuan. This is managed, stored or exchanged primarily on digital computer systems. China is adamant about establishing its global role in pioneering payment technology, and…

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The urban African economy is largely propelled by the informal sector, accounting for around 80% of jobs. Street vendors and market workers are just two examples of this. With the growth of reliable internet service in Africa, many more Africans find themselves using social media, and the informal sector finds itself slowly shifting to the…

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Within a relatively short time, Hong Kong has developed into one of the global hubs of biotechnology. Before 2018, the Hong Kong stock exchange (HKEX) had no biotech companies listed, the first being Ascletis Pharma in August 2018. The first few listed companies had limited success, underperforming due to unrealistic valuations. However, in the following…

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Alexei Navalny, an anti-corruption campaigner, has long been the most prominent face of Russian opposition to President Vladimir Putin. He has in excess of 6 million YouTube subscribers and more than 2 million Twitter followers. Navalny uses these platforms to highlight alleged corruption in Russia, organise political demonstrations and promote his campaigns. On the 2nd…

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Like much of Africa, Ethiopia’s economy has historically been, and still is, heavily reliant on agriculture. Over-reliance on an industry plagued by periodic drought, soil degradation, and deforestation has seen the Ethiopian government shift focus towards the growth of a newer textile industry. This may lead to Ethiopia eventually becoming a global garment manufacturing hub.…

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