World News

Dr. Abdulla Al Mandous Named UAE’s Official Candidate for WMO Presidency

February 1, 2023/Aetoswire The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) has named His Excellency Dr. Abdulla Al Mandous, the Director General of the National Center of Meteorology (NCM), as the UAE’s official candidate for the Presidency of the World Meteorological Organization (WMO). Dr. Al Mandous is currently […]

Moody’s downgrades Nigeria’s rating to Caa1

January 31, 2023/United Capital Research In conclusion of the review for a downgrade initiated on 21-Oct-22, Moody’s Investors Service (Moody’s) on Friday, 27-Jan, downgraded the Nigerian Federal Government (FG) long-term foreign-currency (FCY) and local currency (LCY) issuer ratings as well as its foreign currency senior unsecured debt ratings to Caa1 […]

IOSCO revises its 2011 Principles for the Regulation and Supervision of Commodity Derivatives Markets to ensure market integrity

January 31, 2023/IOSCO The Board of the International Organization of Securities Commissions today has published a revised version of its 2011 Principles for the Regulation and Supervision of Commodity Derivatives Markets. The aim of the revision is to ensure that these Principles continue to provide a resilient framework for the […]