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Posted on July 30, 2020

Pandemic job losses and flooding spark fears of hard times in Bangladesh

But severe floods that struck Bangladesh the last week of June, driven by heavy monsoon rains, are now keeping the 22-year-old from that work as well. Instead, he finds himself stuck at home ... ( read original story ...)

Posted on July 30, 2020

FATF legislation leaves no reason to keep Pakistan in grey list: Qureshi

ISLAMABAD: Minister for Foreign Affairs Shah Mehmood Qureshi Thursday said Pakistan had carried out the legislation to move itself from the grey to white list of the Financial Action Task Force ... ( read original story ...)

Posted on July 30, 2020

3 ETFs Enjoying The Benefits of Taiwan Semiconductor Exposure

It fell 7.6% on Tuesday, but the rally by shares of Taiwan Semiconductor (NYSE: TSM) has been nothing short of breathtaking.The semiconductor foundry company nearly doubled off its March lows and, ... ( read original story ...)

Posted on July 30, 2020

‘I can see the despair on their faces’: Lebanon’s economy unravels

People queuing for an ATM machine in the town of Akkar on 14 July. Photograph: Achilleas Zavallis for The Guardian Alain Bifani, the director general of Lebanon’s finance ministry for 20 years until ... ( read original story ...)

Posted on July 30, 2020

Good Money After Bad: America’s Failed Policy in Lebanon | Opinion

Lebanon is failing and the LAF is compromised ... The United States can no longer afford to finance Hezbollah's auxiliary force just because bureaucratic momentum at the Pentagon, State Department or ... ( read original story ...)

Posted on July 30, 2020

Controversy over seigniorage in Lebanon is a warning sign

Described as the profit made from printing money, seigniorage arises because currency carries a zero nominal interest rate and commercial banks receive, at best, paltry interest on the reserves they ... ( read original story ...)

Posted on July 30, 2020

Contentious budget vote could push Israel toward elections

Israel's finance minister said Thursday he would bring a short-term budget up for a vote next week, setting up a showdown between the bloated government's main two ... ( read original story ...)

Posted on July 30, 2020

UAE oil trader GP Global uncovers fraud among employees – letter

United Arab Emirates-based oil trader GP Global has uncovered fraud within the company and filed criminal complaints against some of its employees, its legal representative said in a letter to the ... ( read original story ...)

Posted on July 30, 2020

Security tightened in UP districts bordering Nepal ahead of PM Modi’s visit to Ayodhya

The forces have stepped up vigil along the border in Maharajganj, Siddharthanagar, Shrawasti and Bahraich, Additional Director General of Gorakhpur Zone Dawa Sherpa said. ( read original story ...)

Posted on July 30, 2020

Thai finance ministry slashes 2020 GDP outlook to 8.5% contraction

Thailand's finance ministry on Thursday slashed its 2020 economic forecast to a record 8.5% contraction in gross domestic product from the 2.8% growth it projected in January, due to the impacts of ... ( read original story ...)

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