Government permanently slashes duties on cellphones, electronics, clothing, shoes, home appliances and lighting, toys, cosmetics, baby products, eyeglasses as budget deficit widens …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
Michael Jordan speaks out against racial injustice: ‘It sucks your soul’
Basketball legend Michael Jordan is using his unique platform to help eradicate injustice in the wake of George Floyd’s death. The Jordan Brand has announced its intention to donate $100 million over …
Zamaninia appointed as Iran’s OPEC governor – Iranian oil official
Amir Hossein Zamaninia was officially appointed on Saturday as Iran’s OPEC governor, replacing Hossein Kazempour Ardebili who died in May, an Iranian oil official told Reuters. Deputy Oil Minister …