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Category: FINANCE

Posted on June 8, 2020

Iraq seeks new rules in sharing future OPEC+ cuts: Finance Minister

Iraq affirmed its commitment to the OPEC+ oil production cut deal but asked the group to take into consideration the members’ economic situation in sharing the burden of future cuts, Iraqi Finance …

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Posted on June 8, 2020

Turkey developing financial package to support jobs

The treasury and finance minister of Turkey said on Friday tht the country is currently developing an employment shield package in order to support employment during the coronavirus economic …

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Posted on June 8, 2020

Bangladesh can grab more attention as world shifts focus from China

Since the coronavirus pandemic has compelled many countries to source products from places other than China, Bangladesh has the potential to grab the world’s attention, said Ahsan Khan Chowdhury, …

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Posted on June 8, 2020

Bond Veteran Makes Contrarian Bet India Yields Will Keep Falling

(Bloomberg) — Investors predicting India’s bond yield curve to steepen further are probably reading it wrong. That’s the view of Jayesh Mehta, a veteran trader at Bank of America. He thinks the …

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Posted on June 7, 2020

After 26 days, Israel says it has identified killer of IDF soldier Amit Ben Ygal

Whoever tries to harm us — we reach them, sooner or later.” Defense Minister Benny Gantz similarly welcomes the capture of the “despicable terrorist.” He expresses hope that the news will “console …

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Posted on June 7, 2020

Israel and the China Connection

Israel has been forced into the crosshairs of the brewing U.S.-China Cold War. No doubt, the coronavirus pandemic has deepened the schisms in the U.S.-China relationship, which has been slipping down …

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Posted on June 7, 2020

Michael Jordan speaks out against racial injustice: ‘It sucks your soul’

Basketball legend Michael Jordan is using his unique platform to help eradicate injustice in the wake of George Floyd’s death. The Jordan Brand has announced its intention to donate $100 million over …

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Posted on June 7, 2020

Zamaninia appointed as Iran’s OPEC governor – Iranian oil official

Amir Hossein Zamaninia was officially appointed on Saturday as Iran’s OPEC governor, replacing Hossein Kazempour Ardebili who died in May, an Iranian oil official told Reuters. Deputy Oil Minister …

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Posted on June 7, 2020

Bahrain announces service charges reprieve

Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa said the … Customs Affairs, Telecommunications Regulatory Authority and Bahrain Tourism and Exhibitions Authority have each …

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Posted on June 7, 2020

Dubai Leads Gulf Stocks Higher After OPEC Extends Output Cuts

Dubai shares climbed the most in the Gulf on after OPEC+ agreed to a one-month extension of its record output cuts, underpinning the recovery in oil prices.The DFM General Index rose as much as 3.0%, …

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