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Posted on June 20, 2020

Georgia Senate panel moves to hike taxes on cigarettes to $1.35 a pack

Taxes on cigarettes would go from 37 cents per pack to $1.35 under a measure passed by a key Georgia Senate committee Friday. The Senate Finance Committee approved an amended bill sponsored by Sen.

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Posted on June 20, 2020

Georgia budget slicing spending advances as Democrats object | Raleigh News & Observer

The Georgia Senate has advanced a state budget proposal that would reduce spending by 11%, forcing service cuts, unpaid furloughs and layoffs across state government.

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Posted on June 20, 2020

Cambodia Plots a Dollar-Free Future With Blockchain-Based Payments: White Paper

Cambodia’s central bankers are riding their hopes of de-dollarization on a national payments blockchain: Project Bakong.

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Posted on June 20, 2020

From down and out to the ‘Tesla of Thailand’

On the surface, Somphote Ahunai, one of Thailand’s few self-made billionaires, is easily compared to Elon Musk — the ostentatious, genius Tesla founder, who is as well known for his prophetic …

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Posted on June 19, 2020

AIIB approves loan to support Mongolia’s COVID-19 response

The Asian Infrastructure Investment Bank (AIIB) said Friday its board of directors has approved a loan of 100 million U.S. dollars to Mongolia to support its COVID-19 Rapid Response Program. The …

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Posted on June 19, 2020

Lebanese finance ministry allocates over 8 mln USD for public hospitals

Lebanon has been working hard on equipping public hospitals following the outbreak of COVID-19 in the country and the increasing need for public establishments to receive COVID-19 patients. Health …

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Posted on June 19, 2020

Proposed Cambodian Digital Currency Sparks Anxiety Among Dollar Users

As Cambodia inches closer to establishing a blockchain-based digital currency available for public use, local users of the U.S. dollar are sharing anxiety about implications for the future value of …

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Posted on June 19, 2020

Singaporean wanted by FBI charged over North Korea sugar deals

SINGAPORE (Reuters) — A Singaporean commodity broker wanted by the FBI was charged in the city-state on Friday for falsifying company documents to conceal transactions with North Korea from banks.

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Posted on June 19, 2020

How Chinese central bank’s move in HDFC alerted New Delhi to tighten rules

India’s concern was mainly over Chinese opportunism. By the second half of April, India began to put in place controls to screen Chinese investment proposals in Indian companies.

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Posted on June 19, 2020

Press review: What are Telegram’s prospects and Cyprus may lose its offshore luster

According to experts interviewed by Izvestia, officials decided not to leave Telegram’s multi-million audience outside the legal framework, and the service’s owner Pavel Durov probably made some …

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