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Posted on June 25, 2020

China Taps World Bank Official for U.S.-Facing Finance Post: Sources

Yang Yingming, who has been Executive Director for China at the World Bank in Washington since 2016, returns to the finance ministry months after Beijing and Washington completed a Phase 1 agreement …

( read original story …)



Posted on June 25, 2020

Breakingviews – Corona Capital: A tax on martinis

Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

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Posted on June 25, 2020

Chinese Jets Buzzing Taiwan Show Long-Term Risk of War With U.S.

China tensions increasing on a number of fronts, the main issue that could spark a military conflict over the long term is still one that is fundamental to their relationship: Taiwan.

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Posted on June 25, 2020

Minister of Finance and National Economy: Bahrain’s economic stimulus package has prepared the groundwork for recovery

Bahrain’s Minister of Finance and National Economy, HE Shaikh Salman bin Khalifa Al Khalifa, today provided a comprehensive policy review of measures adopted in response to the COVID-19 pandemic, at a …

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Posted on June 25, 2020

Kerala grants country-specific relief in COVID-19 negative result norm for returning home

The expatriates from Oman and Bahrain, where testing was not possible can board the flight, but they should also have to wear an N-95 mask, face shield and gloves, he said.

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Posted on June 25, 2020

Fitch affirms Qatar rating at AA-; outlook stable

The financial market downturn likely created valuation losses for Qatar Investment Authority (QIA) in early 2020 but conditions have since improved.

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Posted on June 25, 2020

Singapore Begins Crackdown on Unlicensed Bitcoin Sellers

Singapore authorities charged a 23-year-old woman with breaking the city-state’s months-old ban on unlicensed bitcoin sales.

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Posted on June 25, 2020

Turkmenistan Reopens Another Border Checkpoint for Iran Trade

After being held up behind Incheh Boriun border checkpoint for around four months due to the outbreak of Covid-19, 30 wagons loaded with Iranian commodities were given permission to cross the border …

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Posted on June 25, 2020

Iraq passes bill to unlock funds for cash-strapped state

Iraqi lawmakers Wednesday passed a crucial bill allowing the country to finance a widening fiscal deficit amid an unprecedented economic crisis spurred by falling oil prices and …

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Posted on June 25, 2020

S.Korea to impose capital gains taxes for stock investments exceeding 20 mln won a yr

SEOUL, June 25 (Reuters) – South Korea’s finance minister on Thursday said the government plans to impose capital gains taxes on annual stock investment gains exceeding 20 million won ($16,587 …

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