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Posted on June 8, 2020

Morning News Call – India, June 8

INDIA TOP NEWS • India’s Reliance says Abu Dhabi Investment Authority invests 56.83 billion rupees digital unit Indian oil-to-telecoms conglomerate Reliance Industries said on Sunday that the Abu …

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Posted on June 8, 2020

Lebanon needs urgent aid and reforms, International Crisis Group warns

Lebanon needs urgent international help and long-demanded reforms to shield its people from their country’s worst ever economic crunch, the International Crisis Group said on Monday. “Lebanon will …

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Posted on June 8, 2020

Israel cancels some sales taxes, extends unemployment benefits to rescue economy

Government permanently slashes duties on cellphones, electronics, clothing, shoes, home appliances and lighting, toys, cosmetics, baby products, eyeglasses as budget deficit widens …

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Posted on June 8, 2020

Sri Lanka- Central Bank chief insists banking system strong despite temporary setback

The Governor of the Central Bank of Sri Lanka, Deshamanya Professor W.D. Lakshman today insisted that the banking system in Sri Lanka is still strong despite temporary setbacks as a result of the …

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Posted on June 8, 2020

Iraq seeks new rules in sharing future OPEC+ cuts: Finance Minister

Iraq affirmed its commitment to the OPEC+ oil production cut deal but asked the group to take into consideration the members’ economic situation in sharing the burden of future cuts, Iraqi Finance …

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Posted on June 8, 2020

Turkey developing financial package to support jobs

The treasury and finance minister of Turkey said on Friday tht the country is currently developing an employment shield package in order to support employment during the coronavirus economic …

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Posted on June 8, 2020

Bangladesh can grab more attention as world shifts focus from China

Since the coronavirus pandemic has compelled many countries to source products from places other than China, Bangladesh has the potential to grab the world’s attention, said Ahsan Khan Chowdhury, …

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Posted on June 8, 2020

Bond Veteran Makes Contrarian Bet India Yields Will Keep Falling

(Bloomberg) — Investors predicting India’s bond yield curve to steepen further are probably reading it wrong. That’s the view of Jayesh Mehta, a veteran trader at Bank of America. He thinks the …

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Posted on June 7, 2020

After 26 days, Israel says it has identified killer of IDF soldier Amit Ben Ygal

Whoever tries to harm us — we reach them, sooner or later.” Defense Minister Benny Gantz similarly welcomes the capture of the “despicable terrorist.” He expresses hope that the news will “console …

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Posted on June 7, 2020

Israel and the China Connection

Israel has been forced into the crosshairs of the brewing U.S.-China Cold War. No doubt, the coronavirus pandemic has deepened the schisms in the U.S.-China relationship, which has been slipping down …

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