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WTO/Azevêdo: Decisions made at the WTO will matter for recovery

London, July 21 (HNA) – The World Trade Organization (WTO) Director-General Roberto Azevêdo emphasized that “keeping markets broadly open to trade” would help build “a post-Covid economic recovery that is…

IMF/Georgieva urges further action to secure a resilient recovery

Washington, July 19 (HNA) – Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, called for cooperation among G20 countries to secure a resilient recovery. Georieva issued the following…

CBRT-FX reserve requirement ratios increased by 300 bp

Istanbul, July 19 (HNA) – FX reserve requirement ratios have been increased by 300 basis points in all liability types and maturity brackets for all banks, the Central Bank of…

Gold outperformed in H1 as equities recovered

London, July 20 (HNA) – Gold had a remarkable performance in the first half of 2020, increasing by 16.8 percent in US-dollar terms and significantly outperforming all other major asset…

OECD area employment dipped in Q1, plunge seen in Q2

London, July 20 (HNA) – The OECD area employment rate – the share of the working-age population with jobs – fell to 68.6 percent in the first quarter of 2020,…

World’s first antiviral face mask with active UV-C sterilizing

London, July 20 (HNA) – UM Systems invented the World’s first antiviral face mask with active UV-C sterilizing makes it easy to breathe 99 percent clean air, according to Yanko…

EC adopts new rules for crowdfunding platforms

Istanbul, July 21 (HNA) – The European Council on Monday adopted new rules to improve the way crowdfunding platforms operate across the European Union (EU). The new framework is part…

FIFA Chief Warns Against Restarting Football Too Soon

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Oil prices won’t change after output cuts easing – Novak

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Wall Street closes mixed on economic data

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