Business - Page 266

The latest American Stock News Business News: breaking personal finance, company, financial and economic news, analysis into global markets

How the EBRD and CIF are driving investment in Kazakh renewables

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Rapid economic growth in Kazakhstan has brought a sharp upswing in electricity demand and usage. Per-capita gross domestic product (GDP) increased from below US $ 6,000 in the mid-1990s to over US$ 27,000 in 2019 and the country looked on course to meet its mounting resource demands by harnessing the coal resources in the North East. In recent years,

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Kosovo: Show solidarity in face of COVID, UN Mission chief urges

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“For places such as Kosovo, still suffering the consequences of past conflict, cooperation, unity of political voice and vision, dialogue and preventing extreme polarization should be the highest order priorities”, Zahir Tanin, head of the United Nations Interim Administration Mission in Kosovo (UNMIK), told the 15-member organ. Difficult balance Such solidarity, especially during the current

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ADB Endorses New 5-Year Partnership Strategy for Maldives

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The Asian Development Bank (ADB) has endorsed a new 5-year country partnership strategy (CPS) for Maldives covering 2020–2024. A roadmap for ADB operations in Maldives, the CPS will support the country to take on a more resilient, sustainable, and inclusive path for development, and emerge stronger from the coronavirus disease (COVID-19) pandemic. Under the CPS,

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Agencies issue final rule to strengthen resilience of large banks – Us Federal Reserve Bank

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The federal bank regulatory agencies on Tuesday finalized a rule strengthening the resilience of large banks by requiring them to maintain a minimum level of stable funding over a one-year period. The net stable funding ratio, or NSFR, final rule will require large banks to maintain a minimum level of stable funding, relative to each

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