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Category: FINANCE

Posted on May 5, 2021

Necessary work being carried out for early completion of TAPI project

Minister for Energy Hammad Azhar on Tuesday said all necessary work was being carried out for early completion of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project. Talking to …

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Posted on May 5, 2021

US-mediated border talks between Lebanon, Israel resume

After a nearly six-month pause, Lebanon and Israel on Tuesday resumed indirect talks with U.S. mediation over their disputed maritime border. Disagreements among the Lebanese leadership over the small …

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Posted on May 5, 2021

Report criticizes EIB over Nepal energy project

Failure to adequately consult Indigenous peoples and subpar environmental assessments are among the criticisms leveled at the European Investment Bank in a recent review of its lending for an energy …

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Posted on May 5, 2021

U.S. senators press Biden administration for new Yemen donor conference

A bipartisan group of U.S. senators pressed the State Department on Tuesday to push international donors to address a $2.5 billion shortfall in assistance to alleviate the humanitarian crisis in Yemen …

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Posted on May 5, 2021

U.S. moved 60 planeloads of equipment out of Afghanistan, Pentagon says

The U.S. has moved 60 C-17 military transport planeloads of material out of Afghanistan and turned over more 1,300 pieces of equipment for destruction — 2% to 6% of the pullout mission — the …

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Posted on May 5, 2021

French giant Total funding Myanmar’s military junta: Le Monde

French energy giant Total’s gas operation in Myanmar has been financially supporting the military junta by diverting funds from gas sales to …

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Posted on May 5, 2021

Telenor writes off Myanmar business after coup, posts Q1 loss

Norway’s Telenor wrote off the value of its Myanmar operation in light of the country’s deteriorating security and human rights situation, plunging the group into a first-quarter loss and sending its …

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Posted on May 5, 2021

The Bank of Thailand Publishes Paper on Central Bank Digital Currencies: The Way Forward

The Bank of Thailand has published a paper on central bank digital currency (CBDCs) entitle the Way Forward for Retail Central Bank Digital Currency in Thailand. Thailand has been a fairly …

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Posted on May 5, 2021

Iran’s CB: Decline in Forex Rates Linked to ‘Positive Expectations’

The possibility of removing banking sanctions and unfreezing billions in forex assets in foreign banks are the main reason behind the sharp decline in currency prices in recent days. In a press …

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Posted on May 5, 2021

Bangladesh’s climate diplomacy needs to take a whole-of-society approach

One can argue that the issue of tackling climate change in Bangladesh has already achieved a whole-of-government approach, and is also rapidly moving towards a whole-of-society approach. However, our …

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