Lafarge, a French cement company, admitted Tuesday it paid millions of dollars to Daesh to keep a plant …
Two Chinese nationals, Yicheng Zhang and Daren Li, have been charged by US authorities in a massive cryptocurrency scam totaling $73 million, dubbed “pig butchering.” The scheme involved laundering funds through US bank accounts …
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Business
Debt forgiveness by late 2023, IMF staff agreement with Somalia
by Ajay Rajguruby Ajay RajguruA team from the International Monetary Fund (IMF) reached an agreement with Somalia that will allow the release …
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UAE citizens with ordinary passports do not need a visa to travel to Japan, according to the Ministry …
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Business
UK PM Truss sacrifices finance minister, scraps tax plan in fight for survival
by Ajay Rajguruby Ajay RajguruIn a desperate attempt to stay in power and survive the current market and political turmoil gripping the …
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Business
Asian central banks have been urged by the IMF to tighten policy further
by Ajay Rajguruby Ajay RajguruThe International Monetary Fund has stated that most Asian central banks must tighten monetary policy further. This is …
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Business
Global supply chain congestion eased with new trade routes from DP World
by Ajay Rajguruby Ajay RajguruThe first three quarters of 2022 saw DP World expand its network by more than 23,000 nautical miles, …
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Business
Abu Dhabi Finance Week 2022 to bring together global financial leaders
by Ajay Rajguruby Ajay RajguruThe Abu Dhabi Global Market (ADGM) and the Abu Dhabi Department of Economic Development (ADDED) announced the Abu …
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The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, has welcomed the creation of a …
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Business
Indian priorities for the upcoming G-20 presidency revealed
by Ajay Rajguruby Ajay RajguruIndia’s priorities as incoming President of the Group of Twenty (G-20) will be inclusive, equitable, and sustainable growth, …
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Business
India rises six spots to number 40 on the Global Innovation Index 2022
by Ajay Rajguruby Ajay RajguruThe World Intellectual Property Organization has ranked India 40th in its Global Innovation Index. It is an impressive …