"Think of it this way," Warren said, "Right now, there are money-laundering rules so you that you can't use the financial system to be able to finance illegal activities. They apply to banks. They ...
New Singapore guidelines for banks to finance transition activities to drive greater climate action
To boost climate mitigation across eight key sectors, Singapore has set new criteria for banks and financial institutions on the financing of green business activities, and transitional activities ...
Israel says it uncovered 800 shafts to Hamas tunnels below Gaza
Israeli forces have found 800 shafts leading to Hamas' vast subterranean network of tunnels and bunkers since a Gaza ground operation began on Oct 27, and have destroyed more than half of them, the ...
Yemen rebels say they targeted two Israeli vessels in Red Sea
The Houthis claim they targeted “two Israeli ships” following reports that a US destroyer had come under attack. Follow updates here.
Thai gov’t pawnshops offer interest-free loans to small borrowers
Government-run pawnshops have been ordered to waive interest on repayment of loans up to 5,000 baht, Social Development and Human Security Minister Varawut Silpa-archa said on Sunday. Varawut said the ...
Climate finance pledges a cause for optimism: Secretary of Finance of the Philippines
Benjamin Diokn, Secretary of Finance of the Philippines, underscored the significance of COP28 to the world in general and the Philippines in particulate, which he said is “one of the most prone ...
Alan Kohler: How Japan escaped neoliberalism and lived happily ever after
Japan’s main interest rate was minus 0.1 per cent before COVID-19, stayed there throughout the pandemic and is still minus 0.1 per cent.
For the first time, Bangladesh seeks foreign loans to support Rohingyas
In the face of diminishing funds from international sources, Bangladesh is actively seeking a billion-dollar aid package from the World Bank and the Asian Development Bank (ADB) to support ...
Pakistan’s stance on climate finance for developing countries acknowledged in COP28: PM
Says operationlization of Loss & Damage Fund to be testament of developed countries’ sincerity to climate mitigationSays Pakistan along with other countries has been demanding immediate ...
‘We cannot let China get these chips’: Commerce Secretary Raimondo says more funding needed for AI export controls
U.S. Commerce Secretary Gina Raimondo. LEON NEAL/POOL/AFP via Getty Images US Commerce Secretary Gina Raimondo said her department needs more money to stop China from catching up on cutting-edge ...