Tag: World News
Glitch in Ethiopian Bank causes Customers to withdraw Millions
Key Points Regarding the Glitch: On Saturday, 16th March, a glitch occurred in the transaction systems of the Commercial Bank of Ethiopia, which allowed people to withdraw more money than they had in their accounts. It took several hours for the glitch to be fixed, and over $40 million was reportedly withdrawn during this time.…
Goldman Sachs: The Gender Disparity Problem
Goldman Sachs, a well-known leading global investment firm worth around $126 billion, has seen recent outward success. However, internal bitterness within the firm has become more and more apparent. Many women continue to quit their jobs there under the claims of unequal pay bias towards men and little scope for getting a higher-ranking job. Goldman…
India: Fastest Growing Economy in 2024
In the final three months of 2023, India’s GDP increased by a staggering 8.4%, going over and beyond analyst’s predictions of 6.6%. This places India as the fifth largest economy globally, with a GDP of $4.113 trillion. By 2027 they are set to rise to third place, overtaking Germany and Japan, who currently have GDPs…
