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Category: FINANCE

Posted on June 6, 2020

‘India facing demand recession’

This will boost the demand for passenger cars, especially in the second half of FY21. We have to be patient and prudent till normalcy is restored, says T.T. Srinivasaraghavan, MD, Sundaram Finance Ltd …

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Posted on June 6, 2020

India Is Using More Solar Energy—but It Carries a Lead Risk

In rural areas, solar power is stored in lead batteries. If they aren’t properly recycled, contamination can cause health problems.

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Posted on June 6, 2020

How U.S. Decision Could Hurt Hong Kong as Trading Hub

The Trump administration’s removal of Hong Kong’s status as a largely autonomous Chinese territory opens the way for punitive measures that could affect the city’s sizable trading partnership with the …

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Posted on June 6, 2020

Qatar blockade enters fourth year: Timeline

Bahrain and Egypt abruptly severed diplomatic relations with Qatar and imposed a land, sea, and air blockade in hopes of making it comply with a long list of demands. The four states accuse Doha of …

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Posted on June 6, 2020

Azerbaijan ranks 1st in CIS for fight against corruption

By Akbar Mammadov Azerbaijan has ranked 7th among the 50 member states of the Council of Europe, and 1st among the CIS countries, according to the recent report of Group of States against Corruption.

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Posted on June 6, 2020

Exclusive: Malaysia to double deficit to fund stimulus, says finance minister

Malaysia’s fiscal deficit will nearly double to around 6% of annual economic output this year because of the government’s recent efforts to revive the economy, the finance minister told Reuters, …

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Posted on June 6, 2020

Iraq hurtling towards a financial crisis that could leave millions unpaid

Unable to secure salaries for public sector employees or pay pensions and benefits, Baghdad fears economic crisis could stoke widespread unrest …

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Posted on June 6, 2020

Iran Sanctions Case Being Dropped by U.S. Despite Conviction

In a rare move, federal prosecutors are seeking to withdraw their criminal case against an Iranian banker who was convicted of violating U.S. sanctions.

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Posted on June 6, 2020

Philippines Fears Baby Boom Amid Coronavirus Pandemic

The Philippines has intensified its family-planning programs on concern that the coronavirus outbreak could result in a population boom.

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Posted on June 6, 2020

Areas near Rohingya Camps, Cox’s Bazar in Bangladesh put under lockdown

Local authorities in Bangladesh have put the Cox’s Bazar municipality under lockdown from Saturday declaring some areas near the Rohingya refugee camps as Coronavirus red zone. The lockdown will be in …

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