Moody’s Investors Service (“Moody’s”) has today confirmed the Government of Pakistan’s B3 local and foreign currency issuer and senior unsecured debt ratings with a stable outlook. This concludes the …
Public debt of Laos set to increase amid COVID-19
The public debt of Laos may increase to as much as 65 to 68 percent of GDP in 2020 following a sharp fall in national revenue collection alongside an increase in loans due to the COVID-19 pandemic, …
Russia agrees to talks with Cyprus on double taxation agreement -finmin
Russia’s finance ministry said on Friday it had agreed to a round of negotiations with Cyprus on Aug. 10-11 in Moscow over the fate of a bilateral agreement aimed at avoiding double taxation.
Crypto debit card provider Wirex is expanding in the U.S., receives first money transmission license in Georgia
U.K.-based crypto debit card provider Wirex is expanding in the U.S. Wirex USA has received its first money transmission license from the Georgia Department of Banking and Finance. The permit will …
Lebanon’s investors wary as blast upends debt revamp plans
Lebanon’s creditors are wary of the risk of even steeper losses as a devastating blast in Beirut complicates an already stalled debt restructuring process. Even before Tuesday’s explosion in Beirut …
Public debt of Laos predicted to increase amid COVID-19
The public debt of Laos may increase to as much as 65 to 68 percent of its gross domestic product (GDP) in 2020 following a sharp fall in national revenue collection alongside an increase in loans due …
I work overseas but pay tax in NZ: Why am I still being charged for quarantine costs?
I wrote a piece for Stuff about it being nearly four months since I was home. It has now gone five months. Some things have moved on since then, in particular the quarantine cost charge and a shift in …
They escaped the worst of COVID-19. Now Cambodians face a debt crisis
Millions are at risk of defaulting on loans as the pandemic halts Cambodia’s recovery from decades of war and poverty.
US Troops Should Withdraw from Syria, Not Protect Oil Companies
The oil deal, Pompeo told the senators, had taken longer to finalize than he expected, but “now we’re in implementation, and it can be very powerful.” He did not offer examples of any “powerful” …
Iraq Commits to Deep Oil Cuts as OPEC+ Ramps Up Pressure
Iraq made its strongest commitment yet to implement deep cuts in crude production after the country’s oil minister and his Saudi counterpart held a phone call Thursday.