James Bullard, the former president of the Federal Reserve Bank of St. Louis from 2008-2023 and a former member of the Federal Open Market Committee, was named the dean of the Mitchell E. Daniels, Jr., School of Business at Purdue University in July 2023. Bullard talked with Global Finance magazine recently about a wide range … Read more
Home Features Islamic Finance FAQ: A Global Finance Series Islamic finance is a fast-growing $3.9 trillion industry, yet many finance professionals do not know halal from haram. Global Finance answers the most frequently asked questions about Islamic finance in this five-part series. Top 5 FAQs: 1. What Is Islamic Finance? 2. How Does Islamic Finance … Read more
The notion of the Mandala can be traced back to a Tamil inscription that describes a settlement and commercial system of a South Indian communal compound before the Chola’s raid in 1025 CE. The records note a commercial system in Lobu Tua of Southern Aceh dated in 1088 CE (McKinnon 1994). Mercantile exchanges between the … Read more
The 77th World Health Assembly (WHA)—the annual meeting of member states of the World Health Organization (WHO)—concluded on the 1st of June 2024. At this high-level meeting, after four days of intense negotiations (and many years of back-and-forth discussions preceding it) the Assembly made two major decisions. First, to adopt several amendments to the International … Read more