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TI: The G20 must show leadership to tackle Covid-19

London, Sept 13 (HNA) – “The G20 and its Anti-Corruption Working Group should ensure that COVID-19 funding includes a specific budget line for anti-corruption, transparency and accountability measures” the Transparency…

Fitch: Coronavirus will weaken Turkish banks’ asset quality

London,Sep 9 (HNA) – Turkish banks’ underlying asset quality will weaken due to the coronavirus pandemic, but this will be more apparent in their income statements than their reported asset-quality…

Fitch raises forecast for global GDP growth

London , September 8 (HNA) – Fitch raises forecast for global GDP growth The credit rating agency Fitch has revised up its forecast for global GDP this year slightly, to…

July central bank net purchases lowest since December 2018

London, September 6 (HNA) – Gross purchases totalled 27.2t, with buying continuing to be concentrated amongst recent purchasers, a trend we have seen for most of the year, according to…

Goldhub: Silver has been the best-performing asset in 2020

London, September 6 (HNA) – We would be remiss if we didn’t include at least a short section on silver’s outstanding performance thus far this year, according to the latest…

IMFBlog: Ongoing pandemic, leaving “an uncertain outlook” for tourism

London, Aug 20 (HNA) – Due to the ongoing pandemic, leaving “an uncertain outlook” for tourism industries in economies both big and small, stated in a blog published on the…

WTO goods barometer flashes red as COVID-19 disrupts world trade

London, Aug 18 (HNA) – The volume of world merchandise trade is likely to fall precipitously in the first half of 2020 as the Covid-19 pandemic disrupts the global economy,…

“EU welcomes the normalisation of relations between Israel and the UAE”

London, Aug 16 (HNA) – The European Union announced that it welcomes the normalisation of relations between Israel and the UAE, according to the declaration by the High Representative on…

ECB/Fernandez-Bollo: Consolidation can secure safe and sound banks

London, Aug 15 (HNA) – Edouard Fernandez-Bollo, the ECB representative to the Supervisory Board, outlines the ECB’s supervisory expectations for mergers and acquisitions, which are aimed at ensuring that consolidation…

WTO: Covid-19 crisis may push up trade costs

London, Aug 14 (HNA) – The WTO Secretariat has published a new information note warning of possible increases to trade costs due to COVID-19 disruptions. The note examines the pandemic’s…