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Posted on November 27, 2020

China braces for more defaults among state firms in 2021 — and that could be a good thing

Fitch Ratings said the number of defaults among Chinese state-owned enterprises could "rise marginally" in 2021 as funding conditions tighten. ( read original story ...)

Posted on November 27, 2020

‘Do Not Fear Death’: China’s Xi Orders Soldiers to Train Harder to Win Wars

In an address to the Central Military Commission, which he chairs, Xi Jinping told his troops to focus on preparing for war. ( read original story ...)

Posted on November 27, 2020

A Soaring Monument to Beauty in China Is Stirring Passions. Mostly Anger.

As China fights to end extreme poverty while also recovering from the economic damage of the coronavirus, the supposed wisdom of building huge statues in poorer areas to grow tourism is coming under ... ( read original story ...)

Posted on November 27, 2020

Exclusive: Venezuela resumes direct oil shipments to China despite U.S. sanctions

Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents ... ( read original story ...)

Posted on November 27, 2020

‘Global Britain’ defends foreign aid budget cuts

Britain defended yesterday its planned cuts to its overseas aid budget after an outpouring of protests that it marks a life-threatening retreat on the government’s ambitions to play a global role ... ( read original story ...)

Posted on November 27, 2020

Michael Jordan donates $2M of ‘The Last Dance’ proceeds to food shelter

Michael Jordan donated $2 million to food banks in the Carolinas and Chicago, using proceeds from The Last Dance. ( read original story ...)

Posted on November 27, 2020

COVID-19 and refugees’ economic opportunities, financial services and digital inclusion

English Analysis on Jordan and 4 other countries about Protection and Human Rights and Epidemic; published on 25 Nov 2020 by IRC ... ( read original story ...)

Posted on November 27, 2020

How AI and big data helped China’s tech giants dominate consumer finance

The aim is to build a much more accurate picture of a user’s credit profile by using a range of online data as opposed to traditional credit scoring. ( read original story ...)

Posted on November 27, 2020

New investment avenues opening up in Qatar on Covid handling success: Al-Jaida

Doha’s excellent handling of the Covid-19 pandemic has made the business ecosystem further lucrative with new avenues of investments opening up for investors, according to the top official of the ... ( read original story ...)

Posted on November 27, 2020

Kuwait court to deliver verdict in Bangladesh MP Shahid case on Jan 28

A criminal court in Kuwait has set Jan 28, 2021 for the delivery of the verdict in a case against Bangladeshi MP Shahid Islam alias Kazi Papul over human-trafficking and money-laundering charges. ( read original story ...)

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