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Category: FINANCE

Posted on July 5, 2021

OPEC oil alliance in standoff between Saudi Arabia and UAE

The OPEC oil cartel led by Saudi Arabia and other allied producing countries resumed talks Monday amid a standoff with the United Arab Emirates over how much to raise production levels with demand …

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Posted on July 5, 2021

Here’s how we can save Afghanistan from ruin even as we withdraw American troops

Everyone from the media to our own CIA is predicting the violent defeat of the Afghan government. But there are still ways America can help.

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Posted on July 5, 2021

Turkey’s financial support during pandemic tops $17.3B: Erdoğan

President Recep Tayyip Erdoğan said in a press conference late Monday that Turkey’s direct financial support during the COVID-19 pandemic …

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Posted on July 5, 2021

Philippines debt hits record P11 trillion

The country’s total debt stock hit a new record high in May, passing the P11-trillion mark as the government borrowed more from the domestic market to finance its pandemic response.

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Posted on July 5, 2021

Pakistan Signs Agreement With Saudia Arab Based Finance Corporations To Eliminate Power Disruptions

In recent news, Pakistan has signed an agreement with the Saudia Arab-based Islamic Development Bank and the International Islamic Trade Finance Corporation (ITFC) to borrow $4.5 billion in order to …

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Posted on July 5, 2021

FM Nirmala Sitharaman shares India’s response to Covid-19 with G-20 panel

Finance Minister Nirmala Sitharaman on Monday attended a meeting of the G20 High-Level Independent Panel (HLIP) and shared India’s preparedness and response to COVID-19 while highlighting the slew of …

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Posted on July 5, 2021

Nirmala Sitharaman meets heads of insurers – What all Finance Minister discussed

Finance Minister Nirmala Sitharaman on Saturday reviewed the progress made under the Pradhan Mantri Garib Kalyan Package (PMGKP) insurance scheme for health workers fighting COVID-19 and asked insurer …

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Posted on July 5, 2021

EXCLUSIVE-Thailand weighs new transaction tax on securities trades-sources

The idea is similar to a Tobin tax that is applied on financial transactions akin to those in India and Taiwan. The Thai bourse did not respond to a request for comment. “It’s part of the government’s …

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Posted on July 5, 2021

EXCLUSIVE-Thailand weighs new transaction tax on securities trades-sources

The idea is similar to a Tobin tax that is applied on financial transactions akin to those in India and Taiwan. The Thai bourse did not respond to a request for comment. “It’s part of the government’s …

( read original story …)



Posted on July 5, 2021

Turkey inflation jumps unexpectedly

Turkish inflation accelerated faster than all estimates last month. Producer prices rose an annual 42.9% through last month, the most since October 2018, gains likely to eventually filter through to …

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