State General Reserve Fund (SGRF) Definition

What was the General State Reserve Fund (SGRF)? The term State General Reserve Fund (SGRF) means a sovereign wealth fund (SWF) established by the Sultanate of Oman in 1980. The fund was established to manage Oman’s investments incomewith the aim of ensuring the economic stability and sustainable development of the country, and was administered by…

Introduction to the Chinese Banking System

China’s economic growth and the modernization of its institutions from purely socialist in nature to those with traits of market economies, was a successful venture. The reforms affected all institutions and all forms of life across the country. China’s banking system is part of these reforms and is in the midst of a generational program…

What Is Hyperinflation?

What is hyperinflation? Hyperinflation is a term that describes rapid, excessive, and uncontrollable general price increases in an economy. Whereas inflation Measures the rate at which the prices of goods and services rise, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month. Although hyperinflation is a rare event for developed economies, it…

Ford (F) Enters First Uptrend Since 2013

Ford Motor Company (F) hit a two-year high on Wednesday, in a sympathetic takeover bid after last week’s mighty General Motors Company (GM) to burst. The struggling manufacturer has a small stake in electric vehicle (EV) startup Rivian Automotive, which just raised $2.65 billion in funding, adding fuel to the upside. Ford stock, which peaked…

Doctor Copper

What is Doctor Copper? The term Doctor Copper is market jargon for this base metal which is renowned for having a “PhD in Economics” due to its ability to predict turning points in the global economy. Due to copper’s widespread applications in most sectors of the economy – from homes and factories to electronics and…