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…
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…
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…
IMF Board increases access limits to financial support
London, July 22 (HNA) – The Executive Board of the International Monetary Fund (IMF) approved a temporary increase in the annual limits on overall access to resources in the General…
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…
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…