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Posted on October 12, 2020

Turkey’s Credit Boom Seen at Risk of Backfiring Into Bad Loans

Turkey’s government leaned hard on banks, especially those owned by the state, to accelerate lending to support the economy, as the onset of the coronavirus pandemic worsened an already poor outlook ... ( read original story ...)

Posted on October 12, 2020

Hyderabad: Gang from Nepal held for burglary in businessman’s house

A three-member gang has been arrested by the Cyberabad police for stealing Rs 5.20 lakh worth valuables from a businessman's house in Hyderabad. ( read original story ...)

Posted on October 12, 2020

Yemeni foes wield starvation as a weapon

Fighting in Yemen has intensified in recent days, threatening to unspool a stalled peace process and deepen what aid groups call the worlds worst humanitarian crisis. ( read original story ...)

Posted on October 12, 2020

FATF’s regional group keeps Pakistan on ‘enhanced follow-up’ for meagre progress against terror funding

In late July, Pakistan Financial Monitoring Unit Director-general Lubna Farooq told the National Assembly Standing Committee on Finance that the country is yet to comply with 13 conditions out of the ... ( read original story ...)

Posted on October 12, 2020

‘No One Panicked:’ USS Cole Officers Recall Leading Crew Through Infamous Attack

Trinque calls the bonds forged that day in Yemen "family-like." Rear Adm ... Gagliano said he hopes it reminds sailors of the seriousness of their business. "There are many reasons sailors join ... ( read original story ...)

Posted on October 12, 2020

Pakistan Working Closely With IMF to Clear Blockages in $6 Billion Program

Pakistan has availed $1.44 billion under the loan program since July 2019, and awaits another $450 million tranche ... ( read original story ...)

Posted on October 12, 2020

FATF’s Asia Pacific Group keeps Pakistan on ‘Enhanced Follow-up List’ for slow progress in combating terror financing

In late July, Pakistan Financial Monitoring Unit Director-general Lubna Farooq told the National Assembly Standing Committee on Finance that the country is yet to comply with 13 conditions out of the ... ( read original story ...)

Posted on October 12, 2020

South Korea wants the world to learn Korean with K-pop

Riding on the global popularity of South Korean pop, Seoul plans a rapid expansion of government-run "King Sejong Institutes" around the world to promote the Korean language and culture. ( read original story ...)

Posted on October 12, 2020

SBP Clarifies Ministry of Finance’s Stance On Foreign Currency Accounts Rules 2020

External Relations Department of the State Bank of Pakistan (SBP) has issued a clarification on Foreign Currency Accounts Rules 2020, ... ( read original story ...)

Posted on October 12, 2020

India announces economic stimulus to boost demand by $10 billion

India on Monday announced steps to stimulate consumer demand, including advance payment of a part of the wages of federal government employees during the festival season and more capital spending as ... ( read original story ...)

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