Tag: World

CointelegraphOctober 16, 2020
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3min190
‘No single digital currency will dominate the world’ Bank of Japan now says There appears to be a disagreement within the top echelons of Japan’s government on the threat that China’s CBDC poses to the nation. Just last week, Kenji Okamura, vice-finance minister for Japan’s international affairs voiced concerns over its neighbor’s efforts in the […]

CointelegraphOctober 15, 2020
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3min110
‘No single digital currency will dominate the world’ Bank of Japan now says There appears to be a disagreement within the top echelons of Japan’s government on the threat that China’s CBDC poses to the nation. Just last week, Kenji Okamura, vice-finance minister for Japan’s international affairs voiced concerns over its neighbor’s efforts in the […]

ReutersOctober 14, 2020
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3min130
© Reuters. Senate’s Committee on Banking, Housing, and Urban Affairs hearing WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the International Monetary Fund and World Bank needed to work within their existing resources to fight the coronavirus pandemic and urged member countries to endorse a proposed debt restructuring framework. In a […]

ReutersOctober 14, 2020
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3min210
© Reuters. FILE PHOTO: World Bank President David Malpass attends the “1+6” Roundtable meeting at the Diaoyutai state guesthouse in Beijing WASHINGTON (Reuters) – The World Bank is calling for $25 billion in further COVID-19 emergency financing to help the world’s poorest countries grapple with the massive challenges of the global pandemic, the Bank’s president […]

ReutersOctober 12, 2020
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3min150
© Reuters. FILE PHOTO: World Bank Group President Malpass attends news conference after meeting at Chancellery in Berlin WASHINGTON (Reuters) – Some G20 creditor countries are reluctant to broaden and extend another year of coronavirus debt service relief to the world’s poorest countries, so a six-month compromise may emerge this week, World Bank President David […]

ReutersOctober 6, 2020
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3min220
© Reuters. IMF Managing Director Kristalina Georgieva speaks at the Global Women’s Forum in Dubai (Reuters) – Countries across the world risk facing massive bankruptcies and economic scarring if fiscal and monetary support deployed to support their economies through the current crisis is removed too soon, IMF Managing Director Kristalina Georgieva said on Tuesday. “We […]

ReutersOctober 4, 2020
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4min260
© Reuters. IMF and World Bank hold Fall Meetings in Washington BERLIN (Reuters) – The COVID-19 pandemic could trigger a debt crisis in some countries, so investors must be ready for granting some form of relief that could also include debt cancellation, World Bank President David Malpass was quoted as saying on Sunday. “It is […]

CointelegraphOctober 3, 2020
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2min320
Venezuela trials ‘decentralized stock exchange’ that’s open to the world Venezuela’s National Securities Superintendency has given the go-ahead for a 90-day pilot of a crypto-powered “decentralized stock exchange” in the country that aims to have a global reach despite international sanctions. Cointelegraph Espanol reports that news of the Decentralized Stock Exchange of Venezuela’s authorization to […]

CointelegraphOctober 2, 2020
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2min370
Venezuela trials ‘decentralized stock exchange’ that’s open to the world Venezuela’s National Securities Superintendency has given the go-ahead for a 90-day pilot of a crypto-powered “decentralized stock exchange” in the country that aims to have a global reach despite international sanctions. Cointelegraph Espanol reports that news of the Decentralized Stock Exchange of Venezuela’s authorization to […]

ReutersSeptember 30, 2020
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7min280
2/2 © Reuters. Philippine Stock Exchange amid the coronavirus outbreak 2/2 By Tushar Goenka and Hari Kishan BENGALURU (Reuters) – Global funds recommended cutting equity allocations to the lowest since early 2010 and increasing bond holdings to their highest since then, according to a September Reuters poll which found a correction in world stocks before […]


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