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...For borrowers, the savings can be substantial....
...As a result, South American farmers are stepping up to fill this cocoa void....
...Xuan Changneng, a PBoC vice governor, told a briefing last week that the central bank will also be careful to guide banks against excessive lending that might drive overcapacity problems....
...Unlike many Chinese people of her generation, Zhu Xiangjuan does not believe in saving money, nor does she like formal schooling....
...Queues formed outside banks this week as customers clamoured to recover savings and the country’s central bank took the unusual step of selling dollars directly to the public....
...“We bought 50 pieces with our own savings and brought them back to Baraka,” says Mashangao, referring to the town in South Kivu on the shores of Lake Tanganyika where he is from....
...Tuesday 28 March, 2pm, Oxford Martin School: Lecture Theatre, £7-£12.50 Shredded: Inside RBS, The Bank that Broke BritainAward-winning journalist Ian Fraser tells of the collapse of Royal Bank of Scotland...
...This is an important way to shore up support ahead of what is likely to be a difficult set of local elections in May and an increasingly restive party. 4) Nonetheless, if I were advising Rishi Sunak, I...
...To shore up credibility among investors, the new ministry “must put a credible brake” on the pesos being issued by the central bank, according to Nicolás Dujovne, a former finance minister for a previous...
...He notes that family bank balances are up 42 per cent, or $4.8tn, since the start of 2020 — an amount that is larger than the UK’s GDP....
...Younger generations in particular see it as a way to shore up their savings, as annual inflation soars past 55 per cent and levels of government intervention in the economy climb....
...Ant Group has since launched ANEXT Bank in Singapore, a digital bank that claims to extend credit to small- and medium-sized companies in south-east Asia, a business line that had proven very profitable...
...Most of the extra savings went into gold. At end of 2013, the precious metal amounted to 8.3 per cent of Russia’s FX reserves; by the end of last year it stood at 21.5 per cent....
...“The housing voucher programme gets no cash support from the central bank....
...Matt Schrap That is where ships will pull up to that berth and then they’ll be serviced by those ship to shore cranes....
...Fat rain began falling as we pushed away from shore, but upriver we noticed a wall of precipitation suddenly building across the river....
...South Korea, meanwhile, has a Korean New Deal, or “K-New Deal” backed by a US$135bn investment programme that includes measures to create 659,000 new green jobs by 2025....
...It has had to raise more than $1bn from its existing investors and tap credit lines from banks to shore up its financial position....
...for the economic development of Italy’s south....
...South Korea did reach the “control level” for months but the virus spiked again. Elimination seems endlessly elusive....
...Member states will pay for those vaccines through finance arranged by the Cairo-based African Export-Import Bank and the World Bank....
...My point in telling you about my holidays is simple: I am in the vortex of Britain’s stunning V-shaped recovery....
...Alongside the sharp rise in saving rates, bank deposits have grown at a record pace....
...The Central Bank of Nigeria is attempting to temper the euphoria with warnings that inexperienced investors could lose their meagre savings....
...An extreme microcosm lies off Africa’s shores. This year a special spur of the Equiano cable will join to St Helena, the remote south Atlantic outpost where Napoleon was exiled....
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