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Posted on June 18, 2020

How Saudi Arabia Caused The Worst Oil Price Crash In History

Saudi Arabia made good on its promise to flood the oil market with oil after the collapse of the previous OPEC+ deal in early March …

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Posted on June 18, 2020

Thailand’s central bank will prototype digital currency-based payment system for businesses

The central bank of Thailand says it will prototype a new payment system for businesses based on the digital currency system it is developing, called Project Inthanon. The goals of the project will be …

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Posted on June 18, 2020

Iran slams ‘cruel’ US sanctions on Syria and promises to boost economic ties with ‘resilient’ ally

Iran has also been under strict US sanctions since 2018, when President Donald Trump unilaterally withdrew from the JCPOA nuclear deal and reimposed restrictions, targeting the country’s oil and …

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Posted on June 18, 2020

India Infoline Finance Limited — Moody’s assigns ratings to IIFL Finance Limited and withdraws ratings of India Infoline Finance Limited

Moody’s assigns ratings to IIFL Finance Limited and withdraws ratings of India Infoline Finance LimitedRead the full article at Moody’s …

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Posted on June 18, 2020

India rice prices hit over two-month low on weaker rupee, muted demand

Top exporter India saw rates for its 5% broken parboiled variety fall to $366-$372 per tonne, the lowest since March 26, from $368-$373 last week. India’s rice production could surge to a record as …

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Posted on June 18, 2020

Israeli finance minister: ‘No room’ for another full COVID-19 lockdown

Israel can deal with the pandemic “in a focused manner with enforcement and quarantine,” says Finance Minister Israel Katz …

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Posted on June 18, 2020

Labour Day in Lao PDR: protecting rights at work, enhancing social protection in times of COVID-19

As Lao PDR is marking Labour Day today … music of the crash of 2008-2009 was that once the vaccine to the virus of financial excess had been developed and applied, the global economy would …

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Posted on June 18, 2020

SNB has leeway to lower rates, Jordan tells CNBC

The Swiss National Bank has leeway to cut rates even further into negative territory if needed, SNB Chairman Thomas Jordan told broadcaster CNBC after the central bank left its ultra-loose policy on …

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Posted on June 18, 2020

Jordan taxi drivers voice demands for decisions to soften economic blow of coronavirus

Shared taxi drivers in particular are demanding increased fares in order to compensate for the financial losses …

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Posted on June 18, 2020

Kazakhstan’s first President tests COVID-19 positive

Kazakhstans first President, Nursultan Nazarbayev, has tested positive for COVID-19 and has gone into self-isolation, his office announced on Thursday.

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