Economy / Finance
China’s central bank to cut FX risk reserve ratio to zero
Post Views: 148 China’s central bank said it will lower the reserve requirement ratio for financial institutions when conducting some foreign exchange forwards ...
Analysis
Central banks eye digital cash to fend off crypto threat
Post Views: 230 The world’s largest central banks – and even some of the smaller ones – are toying with the idea of ...
Economy / Finance
World Bank: South Asia faces worst ever recession, tipping millions into poverty
Post Views: 142 115 Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of ...
Economy / Finance
UK Court of Appeal rules in favor of Venezuela over blocked gold
Post Views: 192 Venezuela has moved closer to securing control over its own gold reserves after the England and Wales Court of Appeal ...
Economy / Finance
ECB must prepare to issue a digital euro
Post Views: 348 The European Central Bank should prepare to issue a digital euro to complement banknotes “if and when” it becomes necessary, ...
Middle East
Israel, Lebanon agree to hold maritime border negotiations
Post Views: 295 [UPDATE – Oct 1st,2020] Lebanon, Israel to hold first direct talks in decades on disputed borders Lebanon and Israel said ...
Africa
France opens probe into BNP Paribas over its role in Sudan
Post Views: 944 Paris prosecutors have opened an investigation into French bank BNP Paribas over allegations of complicity in crimes against humanity in ...
Europe
“We’re confident” – Russia to share legal risks of COVID -19 vaccine
Post Views: 302 Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go ...
Economy / Finance
Leaked docs: U.S. branches of major Banks suspected of facilitating funds transfer and money Laundering
Post Views: 380 Secret U.S. government documents reveal that JPMorgan Chase, HSBC and other big banks have defied money laundering crackdowns by moving ...
Asia
Thai protesters back on streets to demand political change
Post Views: 447 Anti-gov’t protesters renew calls for parliament’s dissolution, rewriting of constitution and protection of dissidents. Openly challenging the monarchy of Thai King Maha ...
