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…
EU-China sign agreement on geographical indications
London, July 21 (HNA) – The Council on Tuesday adopted decisions on the signature of the agreement between the European Union and the government of the People’s Republic of China…
EC / Michel : We did it. Europe is strong. Europe is united.
London, July 21 (HNA) – European Council (EC) President Charles Michel said, “We did it. Europe is strong. Europe is united.” after the European Union (EU) leaders agreed a recovery…
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…
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,…