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Posted on January 12, 2021

MBS’ Multi-Billion Dollar ‘New Dubai’ Giveaway Is a Bust as Jamal Khashoggi’s Ghost Scares Investors

MBS wants the business world to see Saudi Arabia as a good place to do business. But even fifty year tax breaks can’t mask the country’s murderous and repressive DNA.

( read original story …)



Posted on January 12, 2021

Azerbaijan’s Central Bank to auction deposits in liquidity-required cases

A number of innovations were introduced in the operating structure of the Central Bank of Azerbaijan (CBA) and liquidity management in 2021 in order to increase the efficiency of the regulatory …

( read original story …)



Posted on January 12, 2021

Saudi Arabia Juices the Oil Price

TradeSmith Decoder went long a sizable basket of oil and gas stocks in the model portfolio. Price action was flashing a green light — always a requirement for new positions — and our bullishness was …

( read original story …)



Posted on January 12, 2021

South Korea housing: Finance Minister asks to speed up measures to boost housing supply and stabilize property prices

In South Korea, there are three types of housing that people live in. The most common today is the high-rise apartments and the other two are the detached and row houses. As mentioned, apartments are …

( read original story …)



Posted on January 12, 2021

Vietnam budget deficit forecast at 3.6% of GDP in 2021

Fitch Solutions holds a more optimistic view on Vietnam’s economic rebound in 2021, with its real GDP growth forecast at 8.6%, against the government’s 6.5% target.

( read original story …)



Posted on January 12, 2021

Vietnam to launch competitive retail electricity market in 2023

Vietnam will officially run the competitive retail electricity market in 2023 as part of efforts to make the power sector more transparent and effective in comparison with the regional peers. Deputy …

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Posted on January 12, 2021

Philippines spends over 55 bln U.S. dollars for COVID-19 response in 2020: official

The Philippines has spent 2.66 trillion pesos (roughly 55.3 billion U.S. dollars) in 2020 for its direct response to the COVID-19 pandemic, accounting for 14.7 percent of the country’s gross domestic …

( read original story …)



Posted on January 12, 2021

Japan bank lending deposits rise despite pandemic problems

Japanese bank lending continued to rise in December to hit a fresh record, data showed on Tuesday, as companies kept piling up cash to weather the fallout from the coronavirus pandemic. Outstanding …

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Posted on January 12, 2021

Raast Pakistan’s Instant Payment System: Message from Ms. Sima Kamil, Deputy Governor, State Bank of Pakistan

Azerbaijan FM Jeyhun Bayramov to visit Pakistan tomorrow Raast Pakistan’s Instant Payment System: Message from Ms. Sima Kamil, Deputy Governor, State Bank of Pakistan India spoile …

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Posted on January 12, 2021

The Finance 202: Wall Street titans who fund GOP won’t say if they plan to cut off contributions

Wall Street titans who donated tens of millions of dollars to groups boosting the GOP have offered no indication they are reevaluating their approach. Just three of them — Citadel CEO Ken Griffin, …

( read original story …)



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