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EU to support implementation of reforms for a sustainable recovery

London, July 22 (HNA) – As part of its measures to foster the recovery from the Covid-19 crisis, the EU will support member states’ reform efforts to stimulate growth and…

Karliczek: Making Europe emerge from the crisis stronger through research and innovation

London, July 22 (HNA) – During the first informal meeting under Germany’s Council Presidency, EU Research Ministers plan ambitious programme ranging from green hydrogen to pandemic recovery strategies At a…

Liechtenstein donates CHF40,000 to help developing countries expand trading capacities

London, July 22 (HNA) – Liechtenstein has contributed CHF 40,000 in 2020 to assist developing countries and least-developed countries (LDCs) in enhancing their trading capacities. This donation will finance training…

WORLD GOLD COUNCIL ANALYSIS- Gold, an efficient hedge

London, July 21 (HNA) – Historically, gold prices have not increased as rapidly in tail events, as hedges that track market volatility indices, World Gold Council (WGC) pointed out in…

IMF: Pandemic threatens women’s economic opportunities

Washington, July 21 (HNA) – The Covid-19 pandemic threatens to roll back gains in women’s economic opportunities, widening gender gaps that persist despite 30 years of progress, according to the…

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…

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…

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…

Wall Street closes mixed on economic data

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