Category: Finance/Banking

News

The Flaws in Karl Marx's Economic Theories: Insights from Austrian Economists

The Flaws in Karl Marx’s Economic Theories: Insights from Austrian Economists

eyesonsuriname Amsterdam, February 11th, 2025 – Karl Marx’s economic theories have been a subject of intense debate and scrutiny over the years. While his ideas have influenced numerous political movements and policies, Austrian economists like Ludwig von Mises and Friedrich Hayek have pointed out several key mistakes and misconceptions in Marx’s approach. Mistakes and Misconceptions Javier…
Read more

Brazilian Real, most devalued currency in 2024

Hard times ahead for Brazilian Central Bank eyesonbrasil US dollar expectations in the Brazilian market are beating forecasts having reached R$ 6.30 in December, (from 4.85 in January 2024) making the Brazilian Real one of the largest currencies of emerging countries, as the most devalued during 2024, despite the Central Bank pumping some US$ 17 billion…
Read more

BRICS New Development Bank offers financing opportunities

BRICS New Development Bank offers financing opportunities

Dilma Rousseff eyesonsuriname Amsterdam, 28 december 2024– Former Brazilian President Dilma Rousseff, who now chairs the BRICS’ New Development Bank (NDB) said Friday after meeting with Uruguay’s President-elect Yamandú Orsi at the latter’s transition headquarters that the South American country was “best positioned” to access financing at lower rates for digital, social infrastructure, and education developments.…
Read more

SEOB: Vervolg IMF-programma essentieel voor duurzame economische stabiliteit

Suriname’s Path to Economic Stability: The Case for IMF Support

eyesonsuriname The Current Landscape Amsterdam, December 25th, 2024 – The Suriname Economic Oversight Board (SEOB) has recently recommended a follow-up program to the current International Monetary Fund (IMF) Extended Fund Facility (EFF) arrangement, which is set to conclude in 2025. This recommendation comes at a crucial time as Suriname continues to navigate its economic recovery…
Read more

A Golden Future: El Salvador's Path to Economic Stability

A Golden Future: El Salvador’s Path to Economic Stability

eyesonsuriname The Bitcoin Meltdown and the Quest for Stability Amsterdam, December 23rd, 2024 – El Salvador’s recent restrictions on Bitcoin purchases have sent shockwaves through the cryptocurrency market, leading to a significant meltdown. This move has reignited debates about the stability and safety of fiat currencies like the US Dollar, which are not backed by…
Read more

Iraq's Currency Reset: A Beacon of Hope for Economies in Crisis

Iraq’s Currency Reset: A Beacon of Hope for Economies in Crisis

eyesonsuriname Amsterdam, December 16th, 2024 – In a historic move, Iraq recently reset its currency, the Dinar, stabilizing it and backing it with the country’s vast oil reserves. This bold step has not only brought economic stability to Iraq but also attracted significant foreign investment. This article explores how Iraq’s successful currency reset could inspire…
Read more

Agreement in Baku

from 100 to 300Billion $ per year eyesonsuriname Amsterdam, 24 november 2024–Negotiators at this year’s United Nations climate summit struck an agreement early on Sunday in Baku, Azerbaijan, to triple the flow of money to help developing countries adopt cleaner energy and cope with the effects of climate change. Under the deal, wealthy nations pledged to…
Read more

COP29 in Azerbaijan: A Turning Point for Global Climate Action

eyesonsuriname 1. A Platform for Ambitious Climate Goals The COP29 Climate Change Conference in Baku, Azerbaijan, is set to be a pivotal event in the global fight against climate change. With nearly 200 countries participating, the conference aims to secure a new collective quantified goal for climate finance, ensuring that every nation has the means…
Read more

BRICS Bank Might Extend Dilma Rousseff’s Mandate

BRICS Bank Might Extend Dilma Rousseff’s Mandate

Offer from Russia eyeson..project Amsterdam, 25 oktober 2025–Former Brazilian President Dilma Rousseff was offered the chance to stay for another five years as head of the New Development Bank (NDB, also known as the BRICS Bank) by Russian President Vladimir Putin during the bloc’s Summit in Kazan, it was reported by Brazilian News Agencies on…
Read more

JPMorgan refinances El Salvador debt

JPMorgan refinances El Salvador debt

 $1bn US-backed loan eyesonsuriname / financial times  Amsterdam, 23 October 2024– El Salvador has refinanced $1bn of its debt with a US government-backed loan from JPMorgan Chase linked to promises of river conservation, as President Nayib Bukele seeks to put the country on a stronger economic footing.  The Central American nation said on Thursday that…
Read more