“I will start a little unconventionally at the beginning by expressing gratitude to the coalition partners with whom we managed to reach an agreement in a difficult period, putting aside our political and ideological differences, and to reach the signing of a coalition agreement,” Zhelyazkov said, according to Bulgaria’s state broadcaster. Zhelyazkov added his government’s … Read more
New Delhi: Inflows into in non-resident Indian (NRI) deposit accounts surged to $11.9 billion in April-October during the current financial year, which is nearly twice the corresponding figure of $6.1 billion for the same period last year, the latest figures compiled by the Reserve Bank of India (RBI) showed. The total outstanding NRI deposits as … Read more
Only, some in the boat are baling and paddling more vigorously than others. As Bank of France Governor François Villeroy de Galhau told a radio interviewer recently, France is alone in not having made the reforms that many of its neighbors (“even the Italians!”) have made since the last crisis. And, while political will at … Read more
Markus Ferber (another German) who is the center-right coordinator for economic files, will determine Berger’s replacement within the next week. Among the names being floated to fill the role is a former Spanish central banker Fernando Navarrete Rojas. The digital euro is a virtual counterpart to euro coins and banknotes that the European Central Bank … Read more
DUBLIN — Irish voters thwarted Dublin’s best-known gangland boss from gaining a seat in parliament following a marathon election count full of shocks and twists. Gerry “The Monk” Hutch had launched an out-of-the-blue campaign for a Dublin Central seat after flying in from Spain, where he awaits trial on money-laundering charges. Last year, Hutch was … Read more
After several years of exploring the possibility of introducing a digital currency in Canada, the central bank is shelving the idea. The Bank of Canada confirmed to CBC News it has shifted its focus away from the idea of introducing a digital Canadian dollar, which could be used for online purchases and money transfers. The … Read more
Russian President Vladimir Putin previously sought to brand BRICS as an alliance of “the global majority” as part of Moscow’s efforts to challenge a dominant West and evade sanctions related to Russia’s war on Ukraine. The group has also been at the forefront of a push to replace the dollar as the key currency of … Read more
The coffee bush likes tropical climates and elevation, and grows in a belt around the equator. It is the cherries of the plant, which turns bright red when ripe, that are used to make the hot drink. They’re gathered, stripped, dried, roasted and finally ground and ready to use. Sounds like hard work, doesn’t it? … Read more
New Delhi: The rupee rose 2 paise to 83.71 against the US currency in early trade on Wednesday following a marginal dip in the dollar in overseas markets. At the interbank currency exchange, the domestic currency opened at 83.72, 1 paisa higher than the previous day’s close. The domestic unit moved in the tight range … Read more
Conservative Leader Pierre Poilievre says he will take all federal dollars out of programs and facilities that use prescribed drug alternatives in perhaps his strongest commitment yet to roll back a Liberal drug program he claims is fuelling “chaos” on the country’s streets. The Tory leader said his government would focus squarely on recovery, adding that there’s … Read more
