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Congo Launches State Cobalt Company With Trafigura Financing – Yahoo Finance

(Bloomberg) — A Democratic Republic of Congo state-owned company with monopoly rights to the purchase and sale of the country’s hand-mined cobalt announced the start of operations Wednesday. Entreprise Generale du Cobalt will sell cobalt hydroxide under a five-year deal with trading house Trafigura Group, which also will provide financing for the Congolese company. Congo […]

Should You Invest in Derivatives? – International Banker

By Samantha Barnes, International Banker This article was originally published in the Winter/February 2021 edition of International Banker “We view them as time bombs for the parties that deal in them and the economic system. In our view, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.” That […]

Don’t let events such as covid pandemic ruin your finances – Mint

The pandemic, however, imparted some key lessons on the importance of following basic financial planning principles—create an emergency fund, get adequate health and life insurance, remain invested, irrespective of market volatility, and avoid borrowing to fund your lifestyle. The sales of health and life insurance policies and individuals opting for moratorium despite the additional costs […]