Finance Minister Yisrael Katz says Israeli economy will have difficulty in the short term in recovering from the coronavirus crisis.
Blackballed by PayPal, Scientific-Paper Pirate Takes Bitcoin Donations
Bitcoin has been used by outlaws of all sorts, but this time the outlaw is a young scientist from Kazakhstan breaking through the paywalls of academic journals.
North Korean #COVID19 Phishing Campaign Targets Six Countries
Security researchers are warning of a multi-country North Korean phishing campaign designed to capitalize on government COVID-19 bail-out measures. The operation is being undertaken by Pyongyang’s …
South Korea Levying Crypto Tax Will Stifle Industrial Growth, Say Economists
Taxing cryptocurrency income is premature and may stifle the growth of blockchain and crypto in South Korea. Cryptocurrencies, unlike fiat, have not taken root and are largely unstable. This is the …
Is Turkey’s wealth fund becoming a crisis shelter?
More company rescues could be imminent in Turkey after the sovereign wealth fund acquired the control of a leading mobile phone operator at the expense of further borrowing.
Turkey: Central government gross debt stock hits $234B
The gross debt stock of Turkey’s central government stood at 1.6 trillion Turkish liras (around $234 billion) at the end of May, according to official figures released on Monday. The figure was 33.7% …
Bangladesh Bank irked by slow lending to pandemic-hit small businesses
Slow loan distribution from the government’s Tk 200 billion package to help offset losses in the CMSME sector hit by the coronavirus pandemic has left Bangladesh Bank frustrated.
How India’s states are nearly broke
The shock to revenues from the pandemic will compel states to either borrow more or curtail public expenditure.It may be far from sufficient as states are at the forefront of battling the pandemic.
Standard Chartered and HKTDC Launch “Standard Chartered GBA Business Confidence Index”
Standard Chartered and Hong Kong Trade Development Council (“HKTDC”) are pleased to announce the launch of the “Standard Chartered …
Tunisia’s removal from EU financial blacklist should help boost economy
Three years after being designated as a high-risk country with strategic anti-money laundering and counterterrorist financing deficiencies, Tunisia is officially off the list and getting ready for …