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Category: FINANCE

Posted on July 10, 2021

Lebanon’s power stations shut down as crisis deepens

Lebanon is struggling with severe electricity and water shortages after two of the country’s main power plants ran out fuel, the latest manifestation of a …

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Posted on July 10, 2021

Saudi Arabia Eases Subsidy Cuts With Gasoline Price Ceiling

Saudi Arabia’s government set an upper limit for domestic gasoline prices and said the state would bear any extra costs, softening an energy subsidy cut program that’s drawn complaints from …

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Posted on July 10, 2021

Narayanganj fire: Ministry of labour provides Tk 50,000 financial assistance to each injured worker

Workers injured in the fire at Hashem Foods factory in Narayanganj have been given financial assistance for treatment by the Bangladesh Workers ‘Welfare Foundation Fund under the Ministry of Labour …

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Posted on July 10, 2021

Narayanganj fire: Ministry of labour provides Tk 50,000 financial assistance to each injured worker

Workers injured in the fire at Hashem Foods factory in Narayanganj have been given financial assistance for treatment by the Bangladesh Workers ‘Welfare Foundation Fund under the Ministry of Labour …

( read original story …)



Posted on July 10, 2021

Fuel price hike in India poses risk of smuggling from Bangladesh

The risk of fuel smuggling to neighbouring India is rising day by day with the heating up of fuel prices in India in recent months, creating a big mismatch between fuel prices in Bangladesh and India.

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Posted on July 10, 2021

G-20 finance ministers back deterring use of tax havens

The U.S. already has a minimum tax on overseas earnings, but President Joe Biden has proposed roughly doubling the rate to 21%, which would more than comply with the proposed global minimum. Raising …

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Posted on July 10, 2021

United States shipping Covid-19 vaccines to Indonesia, Bhutan, Nepal

The United States is shipping 3 million doses of the Moderna Covid-19 vaccine to Indonesia, with another 1.5 million doses of the Johnson & Johnson vaccine heading to Nepal and 500, 000 Moderna doses …

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Posted on July 10, 2021

Israel to seize cryptocurrency accounts of Hamas

Israeli Defense Minister Benny Gantz ordered security forces to seize the accounts after a joint operation “uncovered a web of electronic wallets” used by Hamas to raise funds using bitcoin and other …

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Posted on July 10, 2021

UPDATE 1-Tajikistan earthquake kills five-emergency committee

July 10 (Reuters) – An earthquake in Tajikistan killed five people, the Tajik emergency situations committee said on Saturday, with the epicentre of the quake 165 kilometres northeast of the capital …

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Posted on July 10, 2021

ADB approves $250m loan to Azerbaijan to mitigate effects of COVID-19

The Asian Development Bank approved a $250 million loan to Azerbaijan to support implement the comprehensive plan to mitigate the health, social and economic impacts of the COVID-19 pandemic.

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