• Restructuring’ll address Nigeria’s defective structure – Obi 25 Feb 2020 03:55 Mr. Peter Obi is a former governor of Anambra State and vice presidential candidate of the Peoples Democratic Party (PDP) in the 2019 general election. He speaks, in this interview, on rising insecurity in the country and calls for restructuring, among …
  • World stocks, oil prices tumble 25 Feb 2020 03:41 NEW YORK: Oil prices slumped by five per cent on Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the effect on demand for crude. Global equities also extended losses as worries about the impact of …
  • Al-Mashat in US to prepare for Egypt’s participation in IMF Spring Meetings 25 Feb 2020 03:37 Minister of International Cooperation Rania Al-Mashat headed to Washington DC to prepare for Egypt’s participation in the Spring Meetings 2020 organised by the International Monetary Fund (IMF) and the World Bank Group (WBG), from 13 to 17 April, a …
  • Real data or just economics of wishful thinking 25 Feb 2020 03:24 Real data or just economics of wishful thinking LAHORE: When it comes to economic analysis we have two extremes. The government shows optimism and speaks of revival on slightest improvement in any indicator, while the pessimists predict dooms day future on …
  • Wapda seeks $243.98mln loan for Dasu power project 25 Feb 2020 03:23 Wapda seeks $243.98mln loan for Dasu power project KARACHI: State-owned Water and Power Development Authority (Wapda) is looking forward to $243.98 million in loan from a consortium of banks to finance a phase of 4,320 megawatts Dasu hydropower project, it …
  • Gasp! Air pollution in Jakarta and Hanoi is now worse than in Beijing, global study reveals 25 Feb 2020 03:16 While the air in China—the world’s biggest carbon emitter and polluter—is fast getting cleaner, Southeast Asia’s air is becoming markedly less breathable for the regional bloc of 655 million people, an annual study of air pollution dominated by Asia’s …
  • IMF asked once again to revise FBR revenue target 25 Feb 2020 03:07 IMF asked once again to revise FBR revenue target ISLAMABAD: Pakistani authorities have shared data of import compression with the IMF and requested to revise downward FBR’s annual tax collection target keeping in view reduction in overall imports, The …
  • U.S. Reluctantly Agrees to Add Climate Change to G20 Communiqué 25 Feb 2020 02:59 Finance ministers from the 20 largest economies agreed to add a scant mention of the climate crisis in its final communiqué in Riyadh, Saudi Arabia on Sunday, but they stopped short of calling it a major economic risk, as Reuters reported. It was the first …
  • ‘Jurassic World Live Tour’ comes to Bridgeport’s Webster... 25 Feb 2020 01:00 Dinosaurs are coming to Connecticut. And yes, they look and move just like the ferocious creatures you’ve seen in the “Jurassic World” movies. But there’s no need to flee. These dinos are part of “Jurassic World Live Tour,” making its way to Webster Bank …
  • CBDC: Bank of Japan and Nation’s Financial Service Agency Held Talks to Determine Whether to Issue Central Bank Digital Currency 25 Feb 2020 00:40 February 24, 2020 @ 2:25 pm By Omar Faridi Central bank heads and finance ministers recently held discussions regarding crypto-asset regulations at the G-20 summit.  Japanese officials working at the Bank of Japan (BOJ), the nation’s Ministry of Finance ( …
  • ‘Battle of the Brunch’: Local restaurant competition to benefit CNY Diaper Bank is March 8 25 Feb 2020 00:31 Feb 24, 2020 Ashley M. Casey Baldwinsville Messenger, Eagle Bulletin, Food, News, News, Nonprofits, Press-Observer, Star Review, Things to Do By Ashley M. Casey Associate Editor When picturing your ideal Sunday plans, what is better than brunch with your …
  • Danske Bank Ex-CEO Faces $387M Lawsuit over Money Laundering Scandal 25 Feb 2020 00:27 The ousted chief executive of Danske Bank A/S, Thomas Borgen, has been personally targeted in an investor lawsuit arguing he withheld information about potential money laundering that subsequently destroyed the lender’s market value. Deminor, a …
  • QFC promotes investment and business ... 24 Feb 2020 23:38  25 Feb 2020 - 0:27 Yousuf Mohamed Al Jaida (centre), CEO, QFC Authority, and other senior QFC officials, posing for a group picture with ambassadors and senior diplomats from several countries, after the at ‘Ambassador Roundtable’ meeting, yesterday. DOHA …
  • State should walk the talk on SME growth 24 Feb 2020 23:33 By EDITORIAL More by this Author Small and medium enterprises (SMEs) have emerged as a big driver of the economy. Available statistics show that the sector contributes a third of the economy, which is no mean achievement, considering that decades ago, the …
  • Italy's coronavirus epidemic pounds economy as $1 TRILLION is wiped off world stock markets 24 Feb 2020 23:31 Italy's coronavirus epidemic pounds economy as $1 TRILLION is wiped off the value of world stock markets over outbreak fears Infection fears from investors shaved 5.4 per cent off the Milan stock exchange  Financial and industrial heartlands of …
  • Latam nations hosting Venezuelan migrants could get international backing: Peruvian minister 24 Feb 2020 23:31 LIMA (Reuters) - Latin American countries who are hosting the most Venezuelan migrants could in future receive financial support from an international fund, Peru’s foreign minister said on Monday. Gustavo Mesa-Cuadra said authorities from different nations …
  • A Shul With A Story: Aish HaTorah St. Louis – Changing The World, One... 24 Feb 2020 23:23 Photo Credit: Aish St. Louis This is the story of how one person can change the world. It actually encompasses stories of many individuals who not only changed the world of Torah, they showed us how love for our fellow Jew could change their lives as well. …
  • Red flag 24 Feb 2020 23:12 Editorial Emir of Kano, Muhammadu Sanusi II, had the occasion early last week, to raise the alarm on poor human development indices relating to the North, which he urged the region’s leadership elite to urgently address. It wasn’t his first time making …
  • Angry Americans column lacks thought 24 Feb 2020 23:05 Monday Feb 24, 2020 at 4:06 PM To the Editor: Robert Azzi's recent column, "More Americans should be angry at what we've become," sounds like an early grammar school exercise in which students are asked to string together a series of …
  • Economists Call for Restructuring Lebanon's Public Debt 24 Feb 2020 23:01 AMMAN, JORDAN - Lebanon is engulfed in a crippling financial crisis as the government seeks support from an International Monetary Fund technical delegation visiting the country. The IMF is trying to help draw up a comprehensive economic, monetary and …
  • Expansion work to start in July: Quader 24 Feb 2020 22:57 Road Transport and Bridges Minister Obaidul Quader yesterday hoped to start the work for expanding Dhaka-Sylhet highway into four lanes in July, as uncertainty regarding funding is over.  Asian Development Bank (ADB) will finance the project, the minister …
  • OPINIONISTA: State-owned entities: Why the state should (mostly) get out of business 24 Feb 2020 22:53 The challenges associated with our state-owned entities (SOEs) have been on the national agenda for several years now. Having long been touted by the government as critical levers of a developmental state, our SOEs are now ignominiously associated with …
  • Armstrong World Industries, Inc.'s (AWI) CEO Vic Grizzle on Q4 2019 Results - Earnings Call Transcript 24 Feb 2020 22:35 Armstrong World Industries, Inc. (NYSE:AWI) Q4 2019 Results Earnings Conference Call February 24, 2020 11:00 AM ET Company Participants Tom Waters - Vice President, Corporate Finance Vic Grizzle - Chief Executive Officer Brian MacNeal - Chief Financial …
  • Ease of Doing Business, ICPC, PEBEC to prosecute public officials 24 Feb 2020 22:23 To further improve the country’s business climate, there will now be a direct connection between the anti-corruption agenda of the Buhari administration and the reform efforts of the Federal Government in a bid to secure the reforms through criminal …
  • Exploited female cocoa farm workers are paid just 23p a day 24 Feb 2020 22:15 Women workers who toil on cocoa farms used by the chocolate industry are being paid just 23p a day - 3p less than the cost of a 26p Freddo bar, a report has revealed. Men receive three times more at 75p a day for harvesting the key ingredient for Britain’s …
  • Nema caught napping in Sh600m matatu stage project 24 Feb 2020 22:15 The National Environmental Management Agency (Nema) is yet to clear a Sh600 million matatu terminus project in Nyeri County six months after it started. Governor Mutahi Kahiga launched the construction of the multi-million matatu and bus terminus on the …
  • Fear that the coronavirus will turn into a global economic pandemic is building 24 Feb 2020 22:06 The COVID-19 illness has not become a global pandemic, according to the World Health Organization, but it’s starting to act like an economic one. And the financial costs are mounting. Near-panic over a spreading coronavirus sheared more than 1,000 points …
  • Trump hypes India modernization, US economy 24 Feb 2020 22:00 Hope Yen and Emily Schmall, Associated Press Updated 1:12 pm PST, Monday, February 24, 2020 A cow walks past a banner welcoming U.S. President Donald Trump, in Agra, India, Monday, Feb. 24, 2020. Trump is expected to travel to the Taj Mahal, the 17th …
  • As pandemic looms, world’s top disease fighter engages Xi in delicate quest for cooperation 24 Feb 2020 21:48 LONDON – Tedros Adhanom Ghebreyesus has perhaps the most thankless job in global public health. As director-general of the World Health Organization, the former Ethiopian health minister is racing against time to prevent a dangerous new coronavirus in …
  • Find Yourself At A Pint That Won’t Break The Bank At These Denver Pubs 24 Feb 2020 21:47 (HOODLINE) – Wondering where to find the best pubs near you? Hoodline crunched the numbers to find the best affordable pubs in Denver, using both Yelp data and our own secret sauce to produce a ranked list of where to venture when cravings strike. Great …
  • What coronavirus teaches us for preventing the next big bio threat 24 Feb 2020 21:36 It’s happened — again. A virus has emerged in a small population and spread around the world. COVID-19 is out of hand in China now, with little possibility it can be reined in. It has been diagnosed in more than two dozen countries and counting As the …
  • AP FACT CHECK: Trump hypes India modernization, US economy 24 Feb 2020 21:19 WASHINGTON (AP) — President Donald Trump overstated India’s progress in achieving universal access to electricity, skirted facts about sanitation and exaggerated his own administration’s record as part of a 36-hour visit to India to reaffirm ties with …
  • Knesset speaker: Next government will annex West Bank territory 24 Feb 2020 20:47 Israel’s Knesset Speaker yesterday vowed that the government will proceed with the annexation of territory in the occupied West Bank, regardless of the election result. According to pro-settler news outlet Arutz Sheva, Yuli Edelstein made the remarks …
  • Sadiq Khan's budget lays out path for East Bank development 24 Feb 2020 20:41 City Hall yesterday confirmed its plans to spend £437.5m over the next five years to fund a new culture and education hub across the Stratford waterfront. The £1.1bn East Bank development will be the home of a new Sadler’s Wells theatre, BBC music studios, …
  • Procurement Act useless, provides grounds for corruption – Ex-Editor of Graphic Business 24 Feb 2020 20:36 Business News of Monday, 24 February 2020 Source: laudbusiness.com 2020-02-24 Lloyd Evans Former Editor of the Graphic Business, Mr Lloyd Evans, has called for a complete review of the Public Procurement Act 2003 (Act 663). According to him, the Act, in …
  • voter roll decision will cost $150m loss – Imani 24 Feb 2020 20:36 General News of Monday, 24 February 2020 Source: classfmonline.com 2020-02-24 EC Chairperson Jean Adukwei Mensa Think tank Imani Africa has accused the Electoral Commission of persistently peddling falsehood to justify its decision to compile a new …
  • Bulgaria calls on EU to start membership talks with Albania and North Macedonia 24 Feb 2020 20:18 Bulgarian Foreign Minister Ekaterina Zaharieva said in Thessaloniki that Bulgaria continued to support the European integration of Western Balkans continues. Minister Zaharieva has urged countries in the region to continue reforms and called on EU …
  • How China Survived Past Catastrophe 24 Feb 2020 19:54 As coronavirus deaths continue to inch upward, claiming lives in Italy and Iran after originating in China, international governments are scrambling to mitigate the virus’ spread by suspending air travel or initiating quarantines. The world is also looking …
  • Standard Bank boosts COVID-19 fight with R750 000 donation 24 Feb 2020 19:12 PRETORIA – Standard Bank South Africa on Monday donated R750 000 towards the fight against the deadly novel coronavirus (COVID-19) outbreak that has so far infected more than 79 000 people globally.  Standard Bank chief executive Sim Tshabalala said …
  • UAE's FAB to decide on Bank Audi Egypt acquisition in Q2 24 Feb 2020 19:03 (Add details on debt raising plans, quotes) By Alexander Cornwell ABU DHABI, Feb 24 (Reuters) - First Abu Dhabi Bank will decide in the second quarter whether to buy Bank Audi’s Egyptian business, a senior executive said on Monday, as it looks to expand in …
  • New portal: SPICe+ Web form, new rules for company incorporation 24 Feb 2020 18:44 NEW DELHI: The government has rolled out a new simple application to make it further easier for incorporating a business in India. The new web form, Simplified Proforma for Incorporating Company Electronically Plus (SPICe+), which integrates 10 services …
  • FATF Decision Not to Affect Irans Foreign Exchange Market- CBI Chief news - Tasnim News Agency 24 Feb 2020 18:21 “What will happen is not clear yet. It is likely that they say Iran should be blacklisted, but they are more likely not to do so…,” Hemmati said on Tuesday. “I have already said that since 90% of our trade transactions are conducted through unsanctionable …
  • Can Mboweni do what is right in his budget speech? 24 Feb 2020 18:13 Phumlani M. Majozi | South Africa’s economy is not growing at a speed experienced by other major emerging markets. The growth levels for 2020 projected by major financial institutions are disheartening. The World Bank has cut the country’s growth forecast. …
  • PARLIAMENTARY MONITORING GROUP: The Week: It’s Budget time in Parliament 24 Feb 2020 17:59 Finance Minister Tito Mboweni. (Photo: Gallo Images / Jeffrey Abrahams) First published by Parliamentary Monitoring Group Finance Minister Tito Mboweni has a tough job to do as he seeks to address significant social challenges, satisfy public pressure …
  • Teck's decision to bail on Frontier lets everyone off the hook to the country's ... 24 Feb 2020 17:57 Don Lindsay wants us to see him as a martyr. The chief executive of Teck Resources Ltd. said he bailed on his company’s application to turn 24,000 hectares of northeastern Alberta into a bitumen mine so the country’s political leaders can have “space” to …
  • The Myth of a Single Asia 24 Feb 2020 17:45 Philip Bowring, Asia Sentinel’s co-founder and consulting editor, recently redefined maritime Austronesia into its own distinct region, known as Nusantaria, in his prize-winning book, Empire of the Winds. Now he takes on a bigger task. In a three-part …
  • Dedicated freight corridor to bring down charges by 50 per cent 24 Feb 2020 17:42 PRAYAGRAJ: Dedicated freight corridor is expected to bring down the freight charges by 50 per cent when it will become operational in 2021, a top DFCCIL official has said. Dedicated freight corridor project is part of the Golden Quadrilateral connecting …
  • Some of the World’s Biggest Economies Are on the Brink of Recession 24 Feb 2020 17:09 Markets closed out last week on an anxious note. It's not difficult to see why: the coronavirus continues to spread, and there are signs that some of the world's top economies could slide into recession as the outbreak compounds pre-existing …
  • Bank Negara assures markets of sufficient liquidity as ringgit skids 0.72% against dollar 24 Feb 2020 17:04 PETALING JAYA: The ringgit saw a drop of as much as 0.78% to 4.2271 against the US dollar yesterday following the upheaval in the Malaysian political landscape which culminated in the resignation of Tun Dr Mahathir Mohamad as prime minister. The local …
  • Jubo Mohila League leader's world of crime uncovered 24 Feb 2020 16:53 Rab yesterday raided two flats belonging to Jubo Mohila League leader Shamima Nur Papia and her husband Mofizur Rahman Sumon after arresting them from Hazrat Shahjalal International Airport on Saturday. Raiding the two flats on Indira Road in the city' …
  • Zimbabwean family hopes to be granted US asylum after long wait 24 Feb 2020 16:45 The Dzawo family has built their life in Burlington since fleeing government persecution in Zimbabwe in 2012. On March 4, a judge will decide whether to grant or deny them asylum status. It's been more than eight years since the Rev. Gerald Dzawo and …
  • IMANI points accusing fingers at EC in $72m contract 24 Feb 2020 16:25 General News of Monday, 24 February 2020 Source: ghanaiantimes.com.gh 2020-02-24 President of IMANI Africa, Franklin Cudjoe Imani Africa has accused the Electoral Commission (EC) of nepotism in the award of a $72 million contract for the procurement of a …
  • EIB confirms €3 billion of new investment across Africa in 2019 24 Feb 2020 16:18 60% of EIB financing supported private sector – creating jobs and helping African business grow. Direct engagement in 22 African countries – new sustainable transport, renewable energy, access to clean water and agriculture projects. Targeted financing – …
  • Fossil-Fuel Subsidies Must End 24 Feb 2020 16:14 When it comes to tackling the climate crisis, ending $400 billion of annual subsidies to the fossil-fuel industry worldwide seems like a no-brainer. For the past decade, world leaders have been resolving and reaffirming the need to phase them out. All of …
  • What if Africa's future isn't in manufacturing after all? 24 Feb 2020 16:08 By BITANGE NDEMO More by this Author Last week, I participated in two conferences in Bonn, Germany. The first one was organised by the Germany Development Institute. Most participants came from top research institutions. They were mostly academics from top …
  • The cargo bike and e-bike will eat delivery vans and family haulers 24 Feb 2020 16:08 Forget drones and flying cars; this is the future of deliveries, whether goods or kids. A hundred years ago, cargo bikes were the standard vehicle for many trades and deliveries. We have even shown a cargo bike cat litter exchange service, a business idea …
  • Solidarity with the Chinese on the Coronavirus frontline 24 Feb 2020 15:58 By Owei Lakemfa Li Wenliang, 34  was  an ophthalmologist at Wuhan Central Hospital, China. In December, 2019  he noticed seven cases of a virus that he thought looked like Sars.  The victims were said to come from the Huanan Seafood Market in Wuhan. Then …
  • Bank Of Israel Holds Rate Unchanged For Tenth Time 24 Feb 2020 15:49 Israel's central bank left the key interest unchanged for a tenth consecutive policy session, citing low inflation and weaker growth outlook. The Monetary Committee of the Bank of Israel decided to the rate unchanged at 0.25 percent. The previous …
  • UAE's FAB to decide on Bank Audi's Egypt business acquisition in Q2 24 Feb 2020 15:03 (Adds detail, quotes) By Alexander Cornwell ABU DHABI, Feb 24 (Reuters) - First Abu Dhabi Bank expects to decide in the second quarter whether it will buy Bank Audi’s Egyptian business, a senior executive said on Monday, as it eyes expansion in the Arab …
  • Markets tank on concern about coronavirus impact on world economy 24 Feb 2020 14:34 A currency trader wears a face mask at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 24, 2020. A currency trader wears a face mask at the foreign exchange dealing room of the KEB Hana Bank …
  • Zenith Bank showers shareholders with bumper dividends 24 Feb 2020 13:37 By OBINNA EZUGWU Investors of Zenith Bank Plc are already salivating and will soon be smiling to the banks following the institutions readiness to pay a final dividend of N2.50 per share for the year ended December 31, 2019. The information released on the …
  • Kazakhstan, World Bank discuss attracting foreign direct investment 24 Feb 2020 13:27 NUR-SULTAN (TCA) — Prime Minister Askar Mamin on February 22 took part in a discussion session of the World Bank and the Government of Kazakhstan on attracting foreign direct investment to the country, the prime minister’s press service reported. “Since …
  • World’s biggest economies are heading for a recession 24 Feb 2020 13:24 The FINANACIAL -- There are signs that some of the world's top economies could slump as coronavirus outbreak compounds pre-existing weaknesses. Japan’s economy shrank at an annual pace of 6.3% last quarter. The closely-watched ZEW Indicator of Economic …
  • Jubilant Food, Nippon Life, Bata in FTSE All-World index 24 Feb 2020 13:18 Bata India, Jubilant FoodWorks and Nippon Life India Asset Management have entered FTSE All-World index in its latest March 2020 semi-annual review. Aurobindo Phama has been excluded from FTSE Large-Cap space and included in FTSE Mid-Cap category under …
  • Intuit eyes Credit Karma; JPMorgan Chase plans U.K. digital bank 24 Feb 2020 13:01 Receiving Wide Coverage ... Instant Karma The maker of TurboTax is nearing a deal to buy privately-held Credit Karma for about $7 billion in cash and stock, "a move that would push the bookkeeping-software giant further into consumer finance, " …
  • Markets tank on concern about virus impact on world economy 24 Feb 2020 12:32 Shares skidded, oil prices sank and the price of gold surged on Monday as the number of people infected or killed by the viral outbreak that began in China surged, heaping more uncertainty on the economic outlook. BANGKOK (AP) — Shares skidded, oil prices …
  • The world is at least $10tn in debt, so why can we still borrow so easily? 24 Feb 2020 12:26 In 2010, in the wake of the global banking crisis, 34 of the world’s richest nations – those that belong to the Organisation for Economic Cooperation & Development (OECD) – ramped up their borrowing to $10.9 trillion. In 2019, the OECD revealed last …
  • G-20 finance chiefs on alert with world economic growth at risk 24 Feb 2020 12:01 While delegates at the Group of 20 meeting in Riyadh, Saudi Arabia, spent much of their time talking about a response to the outbreak that originated in China, their final communique didn’t once mention the epidemic. And although it said the participants …
  • World economy shudders as Coronavirus threatens global supply chains 24 Feb 2020 12:00 Chinese consumption and production power growth from Asia to North America, Europe and beyond. Manufacturers world-wide are tethered to China by the tentacles of a supply chain that relies on the country’s factories for many intermediate and finished goods …
  • Starling Bank takes business owner above the clouds in epic adventure 24 Feb 2020 11:44 Starling Bank has launched a multimillion-pound campaign championing the heroism of business owners in the first work for the brand by Wonderhood Studios.  "Helping business fly" launched on TV on Sunday [23 February] during half-time in the …
  • Bank Nizwa Named ‘Most Innovative Islamic Bank’ at the International Finance Magazine Awards 24 Feb 2020 10:50 Financial institutions have been pushing the technological innovation envelope ensuring customer-centricity at all times. Driving this change in Oman is Bank Nizwa, the fastest growing Islamic bank in the Sultanate. The bank was recently named the Most …
  • Coronavirus Live Updates: Outbreaks Around the World Raise Fears of Pandemic 24 Feb 2020 10:05 A slide in stock markets that began late last week continued across Asia on Monday morning, as investors appeared to fear that the economic disruption already seen in China because of the coronavirus outbreak might have effects elsewhere. The South Korean …
  • World economy at risk over coronavirus, says IMF 24 Feb 2020 09:18 Nike Popoola The International Monetary Fund has said the coronavirus tragedy which emanated in China called for emergencies as it could worsen global economic recovery. The Managing Director, IMF, Ms Kristalina Georgieva, said this in a statement on …
  • World shares smacked as new virus cases jump outside China 24 Feb 2020 09:09 Elaine Kurtenbach, Ap Business Writer Updated 3:01 am CST, Monday, February 24, 2020 A currency trader wears a face mask at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 24, 2020. A currency trader …
  • Brewer and pub firm finally starts work on long-awaited micropub at former NatWest bank 24 Feb 2020 08:40 An independent brewer and pub company in Derby has finally started work on creating its first micropub inside a former bank. Back in October, Derby Brewing Company announced it was about to start converting the ex-NatWest bank branch at Mickleover into a …
  • Bata, Jubilant Food, Nippon India AMC in line to join FTSE World, Global Equity Series 24 Feb 2020 07:45 Amid superlative performance of Bata India, Jubilant FoodWorks and Nippon Life India Asset Management, the FTSE has decided to consider these companies for both FTSE All-World and FTSE Global Equity Series list in its latest March 2020 semi-annual review . …
  • Sri Lanka’s Commercial Bank Group revenue passes milestone Rs 150 billion in 2019 24 Feb 2020 06:55 * Sri Lanka’s Commercial Bank Group revenue passes milestone Rs 150 billion in 2019 Mon, Feb 24, 2020, 12:21 pm SL Time, ColomboPage News Desk, Sri Lanka. Feb 24, Colombo: The Commercial Bank Group ended 2019 with the performance milestone of gross income …
  • World Bank: Off-grip market hits $1.7bn mark 24 Feb 2020 02:22 T he World Bank Group has said in a report that the off-grid solar sector has grown rapidly over the past decade and is now a $1.75 billion annual market serving 420 million users, with further growth predicted.     It said that despite its strong growth …
  • Trump's Fed pick Judy Shelton called the central bank 'almost a rogue agency' in 2011 23 Feb 2020 19:10 "Our government is promising so much to so many and at the same time we let the government control the value of our money and all of that would really go against the grain with our Founders -- who did not see it as the government's task to supply …
  • Public want a 'right' to use cash, says Reserve Bank governor Adrian Orr 23 Feb 2020 18:26 The public has sent a clear message to the Reserve Bank that people would not tolerate moves to make New Zealand a cashless society. "We're certain it's going to be less cash, but not cashless," said Reserve Bank governor Adrian Orr, in a …
  • Bank of England chief cashier indicates backing for official digital currency 23 Feb 2020 15:21 The Bank of England’s chief cashier has indicated support for an official digital currency, saying it is “crucial” for central banks to consider entering the market before it becomes dominated by tech giants.  Sarah John, who is responsible for issuing …
  • JPMorgan Chase Moves a Step Closer to Launching a Digital Consumer Bank in the UK 23 Feb 2020 14:20 February 23, 2020 @ 7:37 am By Omar Faridi New York-based JPMorgan Chase (NYSE:JPM) , the world’s sixth-largest bank with over $2.6 trillion in assets, has moved a step closer to introducing a wide range of personal banking products in the United Kingdom. …
  • Some of the world's biggest economies are on the brink of recession 23 Feb 2020 13:45 Bank of America economist Ethan Harris points to the number of smaller economies that are hurting, too. Hong Kong is in recession and Singapore could soon suffer a similar fate. Fourth quarter GDP data from Indonesia hit a three-year low, while Malaysia …
  • Cricket: White Ferns beat Sri Lanka in T20 World Cup opener in Perth 23 Feb 2020 07:10 What's important is the White Ferns have started their ICC Women's Twenty20 World Cup campaign on the right note after beating Sri Lanka in Perth, Australia. What will be more crucial is scrutinising where they can and should be better before they …
  • Northeast speakers call for extension of World Bank’s development projects 23 Feb 2020 07:04 Conference of Northeast Speakers has requested the Federal Government to work for the extension of World Bank assisted Community and Social Development Project (CSDP) in the region. Chairman of the Conference, Abubakar Suleiman, who is the Speaker, Bauchi …
  • Where the Bank of England keeps its cash - including 2billion new plastic £20 notes 23 Feb 2020 06:21 It's been a busy week for the Bank of England's cashiers, following the launch of the new plastic £20 note which is said to be the Bank's most secure note yet. Over the past 14 months, more than 2billion have been printed, ahead of its official …
  • Town’s secret stash of world-class beer 23 Feb 2020 06:02 Welcome to Don’t Delay Your Stay, news.com.au’s campaign to support communities hard hit by this summer’s devastating bushfires. Many of these regions rely on tourism so one of the best ways to help is to visit and spend time in some of the most beautiful …
  • NZ open T20 World Cup with win over SL 23 Feb 2020 05:50 PERTH: New Zealand captain Sophie Devine says her team is comfortable to “fly under the radar” after starting the women’s Twenty20 World Cup with a seven-wicket victory over Sri Lanka in Perth on Saturday. The Kiwis have made the early running in Group ‘A’ …
  • Amazon.nl require Netherlands bank account - Tamebay 23 Feb 2020 01:29 Unlike other Amazon Europe platforms where you can use a bank account located anywhere in the Euro zone to collect proceeds from sales, it turns out that on Amazon’s newest site, Amazon.nl, a Netherlands bank account is required in order to receive your …
  • Raft of plans drawn up for 75th VE Day anniversary as World War Two generation urged to take part 23 Feb 2020 01:24 The Royal British Legion and the Government are calling for all those who contributed to the Second World War effort to take part in events celebrating the 75th anniversary of VE Day. A raft of plans have been drawn up to mark the occasion, including a …
  • From one-time Chinese capital to coronavirus epicenter, Wuhan has a long history that the world had forgotten 23 Feb 2020 01:18 But it wasn't always that way. Two generations ago, this city of 11 million people, on the junction of the Yangtze and Han Rivers, 600 miles upstream, in central China, was known through the West as a major industrial city. It was somewhere many …
  • Bank of England chief cashier signals support for official cryptocurrency 22 Feb 2020 21:19 The Bank of England’s chief cashier has signalled support for an official cryptocurrency, arguing it is “crucial” to central banks to consider stepping in before tech giants dominate. Sarah John, who is responsible for issuing banknotes at the Bank, said …
  • World Bank Donates Vehicles to Ministry of Education 22 Feb 2020 14:27 By Patricia Kapulula, MANA World Bank has donated to Ministry of Education, Science and Technology 19 vehicles to support the achievement of the Equity with Quality and Learning at Secondary School (EQUALS) Project objectives. The Vehicles worth K928 …
  • Ogun gets World Bank’s $250m devt fund 22 Feb 2020 09:27 EHIME ALEX, Lagos  The World Bank has approved a $250 million fund for various developmental projects in Ogun State. Ogun State is one of the six projects approved by the world financial institution to support development priorities across the country, …
  • World Bank Positive About Zambia’s Economy 22 Feb 2020 03:11 World Bank Executive Director for the Africa Group 1 Constituency Anne Kabagambe is positive that the actions being taken by the Zambian government to restore fiscal health and stabilise the economy will bear fruit. The World Bank is also looking forward …
  • The World Bank has an insurance policy against virus outbreaks. Here’s why it hasn’t paid out 21 Feb 2020 14:35 Back in 2017, the World Bank unveiled its first insurance-like pandemic bond, trumpeting it as a feat of financial innovation that showed how private investors could partner with the public sector to combat global health emergencies. But with the facility …
  • World Bank Liberia Country Manager Remarks at Groundbreaking Ceremony for the Expansion of the RIA Road 21 Feb 2020 10:24 Remarks by Dr. Khwima Nthara, World Bank Liberia Country Manager At the Groundbreaking Ceremony for the Expansion of the Roberts International Airport (RIA) Highway Unification Town, Margibi County February 20, 2020 President of the Republic of Liberia, …
  • FMC Owerri Medical Doctor Attacked By Wife At World Bank Area Of Owerri Imo State – NaijaGists.com 21 Feb 2020 06:55
  • Coronavirus spreads put World Bank pandemic bond under pressure – Report 21 Feb 2020 06:03 A World Bank bond designed to deliver funding to help the world’s poorest countries to tackle fast-spreading diseases has lost half its value as the coronavirus outbreak in China, a report accredited to Reuters has stated. According to the report the …
  • World Bank launches initiatives to support women entrepreneurs 21 Feb 2020 02:40 The World Bank Group  has announced two new initiatives to improve access to start-up financing and e-commerce markets for women entrepreneurs, at the Women Entrepreneurs Finance Initiative (We-Fi) Middle East and North Africa (MENA) Summit. “Starting and …