Bank accounts have been opened to accumulate funds before the start of the Karabakh Revival Fund, Trend reports referring to the International Bank of Azerbaijan (IBA) OJSC.
Iraq’s century of humiliation in the globalised age
Quoting Iraq’s example, Robinson tries to explain that the invasion of Iraq, though seems to be a unilateral show of America’s neo-imperialism, “yet the very first transnational oil company to be …
Taiwan exports still going strong after record-breaking year
Taiwan’s exports climbed to record levels in 2020, with the pandemic-spurred global shift to working from home providing a tailwind that is expected to continue in the first month of the new year.
Egypt thaws relations with Qatar after long-running feud
Egypt signed a reconciliation agreement with Qatar, along with Saudi Arabia, the United Arab Emirates and Bahrain, aimed at ending the Gulf blockade imposed on Doha since 2017, but it seems pending …
Oil up About $1 Bbl, Set for Weekly Gain on Saudi Output Cut
NEW YORK (Reuters) – Oil prices hit 11-month highs and were on track for a weekly gain on Friday, supported by Saudi Arabia’s pledge to cut output and strong gains in major equity markets. Brent crude …
Top investment banks upgrade economic outlook for S. Korea
Top global investment banks (IB) forecast the South Korean economy to grow 3.4 percent this year, up by 0.1 percentage point from their previous estimate. Credit Suisse upgraded its estimate by 0.7 …
Turkey’s Frantic Gold Rush Points to a Financial Crisis Ahead
As ordinary citizens seek to preserve their wealth, President Recep Erdogan’s Justice and Development Party is finding new ways to take advantage of the gold rush.
Can Joe Biden Really Salvage the Iran Deal?
According to a Sept. 29 report by Bloomberg, the White House is considering designating Iran’s entire financial system subject to sanctions under Executive Order 13902. Such a move would …
Fintech collaboration seen to attract Qatari FDI to Philippines
Collaboration in financial technology (fintech) between Qatar and the Philippines is among the areas that would spur the influx of more Qatari foreign direct investments (FDI) into the Southeast Asian …
Indonesia sets new rules on payments systems
Indonesia’s central bank on Friday announced new regulations on payment systems to try to consolidate existing rules, with new requirements on share ownership and capital that could impact firms …