As part of its commitment to positioning Bahrain as the regional fintech hub and global capital of the Islamic economy, Bahrain Islamic Bank (BisB) has signed an agreement with Bahrain Bourse for a …
Critics call out financial and social costs of Georgia hydro dam
Georgia officials say the dam is vital to the country’s energy security. Critics charge it’s a bad deal all around.
Georgia Senate panel OKs film tax credit audits, but no spending caps or expansion
Georgia has awarded about $4 billion in tax credits over the … Bill Heath, R-Bremen, a member of the Senate Finance Committee, raised that idea Monday. “Do we need to be getting some caps in this?” …
Heartbreaking: Naftali Bennett hears Eyal’s financial hardships
MK Naftali Bennett meets Eyal, sound technician in self-employed protest tent. Eyal tells of his condition and couldn’t stop the tears.
‘Worst economic situation in Israel’s history’
Finance Minister Yisrael Katz says Israeli economy will have difficulty in the short term in recovering from the coronavirus crisis.
Blackballed by PayPal, Scientific-Paper Pirate Takes Bitcoin Donations
Bitcoin has been used by outlaws of all sorts, but this time the outlaw is a young scientist from Kazakhstan breaking through the paywalls of academic journals.
North Korean #COVID19 Phishing Campaign Targets Six Countries
Security researchers are warning of a multi-country North Korean phishing campaign designed to capitalize on government COVID-19 bail-out measures. The operation is being undertaken by Pyongyang’s …
South Korea Levying Crypto Tax Will Stifle Industrial Growth, Say Economists
Taxing cryptocurrency income is premature and may stifle the growth of blockchain and crypto in South Korea. Cryptocurrencies, unlike fiat, have not taken root and are largely unstable. This is the …
Is Turkey’s wealth fund becoming a crisis shelter?
More company rescues could be imminent in Turkey after the sovereign wealth fund acquired the control of a leading mobile phone operator at the expense of further borrowing.
Turkey: Central government gross debt stock hits $234B
The gross debt stock of Turkey’s central government stood at 1.6 trillion Turkish liras (around $234 billion) at the end of May, according to official figures released on Monday. The figure was 33.7% …