OECD – Donors agree on aid treatment of debt relief
London, July 30 (HNA) – Members of the OECD Development Assistance Committee (DAC), comprised of 29 donor countries and the EU, have agreed on a method for reporting debt relief…
IMF Blog: If ever there was a time for anti-corruption reforms, it is now.
London, July 29 (HNA) – Corruption, the abuse of public office for private gain, is about more than wasted money: it erodes the social contract and corrodes the government’s ability…
WHO, WIPO, WTO launch study on medical technologies and innovation
London, July 29 (HNA) – The Directors-General of the World Health Organization (WHO), the World Intellectual Property Organization (WIPO) and the WTO presented a new edition of the Trilateral Study…
ECB extends recommendation for banks not to pay dividends
London, July 28 (HNA) – The European Central Bank (ECB) today extended its recommendation to banks on dividend distributions and share buy-backs until 1 January 2021 and asked banks to…
IMF Blog: Dominant currencies pricing limit exchange rate flexibility
London, July 26 (HNA) – The International Monetary Fund (IMF) published a new blog, on dominant currencies and exchange rate flexibility, written by Gustavo Adler, Gita Gopinath, and Carolina Osorio…
DC Federal Court states that Bitcoin is a form of money
Washington, July 26 (HNA) – The virtual currency known as Bitcoin is a form of “money” covered under the Washington, D.C., Money Transmitters Act, a federal court said Friday, Bloomberg…
OCC: Banks and thrifts may provide custody services for crypto assets
Washington, July 26 (HNA) — The Office of the Comptroller of the Currency (OCC) published a letter clarifying national banks’ and federal savings associations’ authority to provide cryptocurrency custody services…
Bosch and Art. Lebedev envision the future of transportation
Moscow, July 25 (HNA) – Moscow-based Art. Lebedev Studio is helping turn one of those dreams into a reality—specifically, Bosch’s vision for an entirely new urban transportation system. The idea?…
IMF Executive Board reviews the Fund’s income position
Washington, July 25 (HNA) The Executive Board of the International Monetary Fund (IMF) completed its annual review of the Fund’s income position for the financial year ending April 30, 2020…
WTO report : Members moving to facilitate imports
London, July 24 (HNA) – While import-restrictive measures introduced by WTO members continued to affect a growing share of global trade, the Director-General’s latest mid-year report on trade-related developments presented…