Financial Crises
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National Highway Authority Of India Not Facing Financial Crises: Nitin Gadkari
The National Highway Authority of India (NHAI) is not facing any financial crises and has drawn up a plan to service its debt through improved inflows of toll revenue and asset monetisation, Parliament was informed on Thursday.
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G20 Leaders On How To Promote Growth, Reduce Inequalities
Concerned over cascading crises and challenges facing the global economy, G20 leaders underlined the need for well-calibrated monetary, fiscal, financial, and structural policies to promote growth.
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World Leaders Gather At COP27 Climate Summit Under Cloud Of Crises
World leaders gathered Monday for climate talks in Egypt facing pressure to deepen cuts in emissions and financially back developing countries already devastated by the effects of rising temperatures.
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3 Share Economics Nobel For "Research On Banks, Financial Crises"
The Nobel Economics Prize was on Monday awarded to a US trio for their contributions on explaining the role of banks in the economy.
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Video: In Crisis-Hit Lebanon, Man Enters Bank, Takes Hostages Seeking Access To Own Money
The financial crisis in Lebanon is going on since 2019. According to World Bank, it could be the world's worst crises since the mid-19th century.
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Data On Suicides During 1st Covid Wave Finally Released By Home Ministry
More than 8,000 people died by suicide because of financial crises when the first wave of COVID-19 and an abrupt lockdown left many jobless and hit incomes for months, the government said on Wednesday, in the first such acknowledgement of its kind.
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Lebanon Economic Crisis Is World's Worst Since 1850s: World Bank
Lebanon's economic collapse is likely to rank among the the world's worst financial crises since the mid-19th century, the World Bank said in a damning report released Tuesday.
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Beleaguered Banks' Depositors Protest "Inaction" At Bengaluru RBI Office
A year since India's central bank imposed regulatory restrictions on the PMC Bank, its depositors and those of beleaguered Sri Gururaghavendra Cooperative Bank protested near the RBI (Reserve Bank of India) headquarters in Bengaluru this morning demanding intervention to withdraw all their money, which is stuck in these financial institutions.
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The Man Who Has Lost More Money Than Anyone In The World In Coronavirus Crisis
In his ninth-floor office on Paris's Avenue Montaigne, Europe's wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. At 71, the billionaire has lived through several crises, but none quite like this one, with his armada of more than 70 brands -- from Dior to Fendi -- hit from all si...
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Germany Calls For A Permanent UN Crisis Fund Worth 10 Billion Euro
German Development Minister Gerd Mueller, citing hunger crises in eastern Africa, said the United Nations should create a permanent 10 billion euro crisis fund, with contributions to be based on a country's financial strength.
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In Trump Administration IMF To Face Series Of Challenges
In its 70-year history, the International Monetary Fund has been no stranger to financial crises and policy disputes but now faces a new challenge, a US administration fundamentally opposed to some of its most important positions.
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Opinion: Silent Tigers: India Leads The Quiet Rise Of South Asia
There is no one model for survival in this era. Every country is struggling to find its economic niche. There is also no next king of the jungle with the potential to be as big as China, but there are many smaller candidates, with a particularly strong concentration in South Asia. The only way to spot them is by listening patiently for the telltale...
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Big Banks Need Extra Trillion-Euro Cushion Against Future Crises: G20 Body
The world's biggest banks must bolster their cash reserves by up to 1.1 trillion euros ($1.2 trillion) as protection against any future financial crises, an influential advisory body said today.
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Greece Vows Pension, Tax Reforms From Next Week in Return for Loan
Greece today promised it would start pension and tax reforms next week, as demanded by creditors, in return for a three-year eurozone loan to drag its financial system back from the brink of collapse.
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Australian Heads to Greece to Help Crying Pensioner in Photo
An Australian touched by an image of a pensioner sobbing outside a Greek bank said today he was flying over to Europe to support the man financially after discovering he was a family friend.
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National Highway Authority Of India Not Facing Financial Crises: Nitin Gadkari
The National Highway Authority of India (NHAI) is not facing any financial crises and has drawn up a plan to service its debt through improved inflows of toll revenue and asset monetisation, Parliament was informed on Thursday.
-
G20 Leaders On How To Promote Growth, Reduce Inequalities
Concerned over cascading crises and challenges facing the global economy, G20 leaders underlined the need for well-calibrated monetary, fiscal, financial, and structural policies to promote growth.
-
World Leaders Gather At COP27 Climate Summit Under Cloud Of Crises
World leaders gathered Monday for climate talks in Egypt facing pressure to deepen cuts in emissions and financially back developing countries already devastated by the effects of rising temperatures.
-
3 Share Economics Nobel For "Research On Banks, Financial Crises"
The Nobel Economics Prize was on Monday awarded to a US trio for their contributions on explaining the role of banks in the economy.
-
Video: In Crisis-Hit Lebanon, Man Enters Bank, Takes Hostages Seeking Access To Own Money
The financial crisis in Lebanon is going on since 2019. According to World Bank, it could be the world's worst crises since the mid-19th century.
-
Data On Suicides During 1st Covid Wave Finally Released By Home Ministry
More than 8,000 people died by suicide because of financial crises when the first wave of COVID-19 and an abrupt lockdown left many jobless and hit incomes for months, the government said on Wednesday, in the first such acknowledgement of its kind.
-
Lebanon Economic Crisis Is World's Worst Since 1850s: World Bank
Lebanon's economic collapse is likely to rank among the the world's worst financial crises since the mid-19th century, the World Bank said in a damning report released Tuesday.
-
Beleaguered Banks' Depositors Protest "Inaction" At Bengaluru RBI Office
A year since India's central bank imposed regulatory restrictions on the PMC Bank, its depositors and those of beleaguered Sri Gururaghavendra Cooperative Bank protested near the RBI (Reserve Bank of India) headquarters in Bengaluru this morning demanding intervention to withdraw all their money, which is stuck in these financial institutions.
-
The Man Who Has Lost More Money Than Anyone In The World In Coronavirus Crisis
In his ninth-floor office on Paris's Avenue Montaigne, Europe's wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. At 71, the billionaire has lived through several crises, but none quite like this one, with his armada of more than 70 brands -- from Dior to Fendi -- hit from all si...
-
Germany Calls For A Permanent UN Crisis Fund Worth 10 Billion Euro
German Development Minister Gerd Mueller, citing hunger crises in eastern Africa, said the United Nations should create a permanent 10 billion euro crisis fund, with contributions to be based on a country's financial strength.
-
In Trump Administration IMF To Face Series Of Challenges
In its 70-year history, the International Monetary Fund has been no stranger to financial crises and policy disputes but now faces a new challenge, a US administration fundamentally opposed to some of its most important positions.
-
Opinion: Silent Tigers: India Leads The Quiet Rise Of South Asia
There is no one model for survival in this era. Every country is struggling to find its economic niche. There is also no next king of the jungle with the potential to be as big as China, but there are many smaller candidates, with a particularly strong concentration in South Asia. The only way to spot them is by listening patiently for the telltale...
-
Big Banks Need Extra Trillion-Euro Cushion Against Future Crises: G20 Body
The world's biggest banks must bolster their cash reserves by up to 1.1 trillion euros ($1.2 trillion) as protection against any future financial crises, an influential advisory body said today.
-
Greece Vows Pension, Tax Reforms From Next Week in Return for Loan
Greece today promised it would start pension and tax reforms next week, as demanded by creditors, in return for a three-year eurozone loan to drag its financial system back from the brink of collapse.
-
Australian Heads to Greece to Help Crying Pensioner in Photo
An Australian touched by an image of a pensioner sobbing outside a Greek bank said today he was flying over to Europe to support the man financially after discovering he was a family friend.
