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Posted on December 8, 2020

Europe’s supply chain finance fix feeds hidden debt fears

European companies hit by the coronavirus crisis are increasingly turning to a complex financial tool to pay suppliers, raising investor concerns around “hidden” debt.

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Posted on December 8, 2020

Azerbaijan introduces transitional stage in insurance system of bank deposit

The Azerbaijani government considers it advisable to leave the full deposit insurance scheme, with the definition of a transition period until April 5, 2021, and the creation of a more perfect …

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Posted on December 8, 2020

Azerbaijan establishes Fund to support war-wounded and families of martyrs

President Ilham Aliyev has signed an Order on the establishment of the “YASHAT” Fund in order to support the war-wounded and families of …

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Posted on December 8, 2020

Nepal announces newly measured height of Mount Everest

The newly measured height of Mount Everest is 8,848.86 metres, and it continues to be the tallest mountain on the Earth.

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Posted on December 8, 2020

Malaysia’s CIMB commits to phase out coal financing by 2040

Malaysia’s CIMB Group Holdings Bhd on Tuesday committed to phase out coal from its portfolio by 2040, saying it was the first banking group in Malaysia and Southeast Asia to do so.

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Posted on December 8, 2020

Malaysia’s CIMB commits to phase out coal financing by 2040

Malaysia’s CIMB Group Holdings Bhd on Tuesday committed to phase out coal from its portfolio by 2040, saying it was the first banking group in Malaysia and Southeast Asia to do so.

( read original story …)



Posted on December 8, 2020

Uncertainty in politics, policymaking sours Malaysia’s credit rating

Malaysia’s downgrade by one of the world’s top credit rating agencies has cast a light on standards of governance and political instability in the country where a third prime minister in as many years …

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Posted on December 8, 2020

Uncertainty in politics, policymaking sours Malaysia’s credit rating

Malaysia’s downgrade by one of the world’s top credit rating agencies has cast a light on standards of governance and political instability in the country where a third prime minister in as many years …

( read original story …)



Posted on December 8, 2020

Turkey’s Elvan Pledges Accountability to Woo Foreign Investors

Turkey will follow through its pledges to carry out economic and legal reforms, Treasury and Finance Minister Lutfi Elvan said on Tuesday, in an effort to lure much-needed foreign investment.

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Posted on December 8, 2020

Success for Pakistan; Illegal registration of “KERNAL” rice trademark canceled

In a major success for the country’s rice exporters, Pakistan has managed to cancel of illegal registration of the trademark “KERNAL” by an overseas rice company, informed Advisor to Prime Minister on …

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