Posts in category

Liquidity crisis


By Simon Echewofun Sunday (Abuja), Ibrahim Musa Giginyu (Kano) & Christiana T. Alabi (Lagos) Concerns have followed the federal government’s recent statement that it will soon begin enforcing the import ban on generators. The latest ban on the use of generators was issued by the National Agency for the Application of Environmental Standards and Regulations …

An exterior view of the China Evergrande Center in Hong Kong, China on March 26, 2018. REUTERS / Bobby Yip / File Photo / File Photo / File Photo BEIJING, Sept. 18 (Reuters) – Six executives at heavily indebted Chinese firm Evergrande (3333.HK) bought out some of the firm’s investment products earlier this year, the …

By Leslie Pappas (September 16, 2021, 5:24 p.m. EDT) – A Delaware bankruptcy judge denied a royalty owner’s request to stay MTE Holdings LLC’s bankruptcy plan pending appeal in district court , estimating that the delay could jeopardize an amount of $ 85.7 million in sales and put too many creditors at risk. U.S. bankruptcy …

JAKARTA (Reuters) – The Indonesian Navy has stepped up patrols around its Natuna Islands in the South China Sea after Chinese and US ships were detected nearby in international waters, although there have been no disruption on the part of the ships, a navy official said on Thursday. Five navy ships, assisted by an air …

The DAX chart of the German stock index is pictured on the stock exchange during the IPO of vitesco in Frankfurt, Germany on September 16, 2021. REUTERS / Staff MSCI World Shares fall, Stoxx 600 up 0.6% US retail sales and employment data are due LONDON, Sept. 16 (Reuters) – Global markets struggled to gain …

Sri Lanka’s dwindling foreign exchange reserves risk escalating into a crisis that could force the South Asian nation to tighten policy more aggressively and demand a bailout from the International Monetary Fund. After paying off a $ 1 billion debt in July from reserves, the government had only enough dollars to cover less than two …

Damascus, September 9, 2021 – The International Fund for Agricultural Development (IFAD) has provided a grant of USD 544,795 to ease the pressure of the COVID pandemic on the rural community in Syria. Under this grant, the Livelihood Resilience Building (LRBP) project will complement agricultural activities and meet the needs of the most vulnerable and …

ECLAC’s new annual report warns that the crisis has exacerbated the region’s structural problems, predicts a deceleration for next year and asserts that to support inclusive, dynamic and sustainable growth, more investment and jobs are needed. required. Alicia Barcena Latin America and the Caribbean will experience growth in 2021, although the pandemic remains present and …

Sell ​​inherited and donated gold? Know the tax rules Highlights When you sell gold received as a gift, you are liable for LTCG or STCG depending on the length of time you hold To determine whether LTCG or STCG will apply, the original owner’s holding period will also be taken into account. The holding period …

Central bankers and journalists will meet for the Jackson Hole virtual conference later this week. Their agenda will be wide. The future path of quantitative easing (QE), the health of the labor market and other critical monetary and regulatory issues will take center stage. But we can also expect statements on issues once considered the …