Viktor Orbán, the European Union’s only autocrat, has fallen. Results from Sunday’s election in Hungary show that the opposition Tisza party, led by Péter Magyar, has defeated Orbán’s Fidesz party — the first election the party has lost in 20 years. Orbán called Magyar to concede the race within hours of the polls closing. There…
Jean Riachi, CEO of I&C Bank in Lebanon and FFA Private Bank in Dubai, discusses the Lebanese banking sector’s prolonged crisis, impact of the current war in Lebanon, and the challenges that lie ahead. Global Finance: How is the current conflict affecting the region’s financial sector? Jean Riachi: This conflict will hurt the economies in Lebanon and…
Editor’s note, April 7, 7:30 pm ET: President Donald Trump announced on Tuesday evening that the US and Iran had agreed to a two-week ceasefire to negotiate a more comprehensive agreement to end the war. This news came before Trump’s deadline of 8 pm ET for Iran to reach a deal or, he said, a…
A date range selector lets users pick a time frame between a start and end date, which is useful in booking trips, sorting info by date blocks, picking time slots, and planning schedules. Example pulled from Airbnb I’m going to show you an example where, even though JavaScript is involved, the bulk of the work…
President Donald Trump’s fast pivot on Iran — from “a whole civilization will die tonight” to a benign return to negotiations — has a whipsawed world scratching their heads. What was he up to? One possibility: Many Western analysts believe that Russian nuclear doctrine includes a concept called “escalate to de-escalate,” in which Moscow would…
Perplexity’s 50% revenue jump looks like breakout growth. It may instead reflect a shift in how that growth is being generated. By moving into AI agents and usage-based pricing, the company is increasing revenue per user—but also introducing volatility and making performance harder to interpret. This points to a broader shift in AI: growth is…
Under normal circumstances, an election in Hungary — a landlocked Central European country of less than 10 million — would not be a major world event. But for the past 16 years, Hungary has not been a normal country. After Prime Minister Viktor Orbán won a massive victory in Hungary’s 2010 election, he almost immediately…
Trade finance is booming across Asia. But SMEs and micro enterprises still struggle for attention, and complex rules hold back progress. Asian demand for trade finance is expected to remain robust this year, despite uncertainty surrounding US tariffs. Asian exporters and suppliers are increasingly looking to access supply chain finance (SCF), and technological advances including…
Most American Catholics were probably not expecting to spend the first week of Easter trying to figure out whether their government was threatening to overthrow the first American-born pope. Yet a handful of news reports this week raised that very strange possibility. They landed just as both the Roman Catholic Church and right-wing Christian influencers…
What’s Really Driving This Shift Outcome: UK house prices fell 0.5% in March, with the average dropping to £299,677. Mechanism: Rising inflation expectations pushed mortgage rates higher, disrupting buyer confidence. Implication: The housing market is no longer driven by demand — it is being dictated by borrowing cost volatility. This isn’t a housing slowdown. It’s…