CWP

Sabry appointed as Sri Lanka's finance minister – Reuters.com

COLOMBO, April 4 (Reuters) – Sri Lanka’s president appointed Ali Sabry as the country’s finance minister on Monday as a new team of ministers took office after protests flared in the wake of a worsening economic crisis, the president’s office said. President Gotabaya Rajapaksa appointed his younger brother, Basil Rajapaksa, as finance minister in July …

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New IMF deal does not include any extra burdens on Egyptians -finance minister – Reuters.com

CAIRO, March 26 (Reuters) – A potential new International Monetary Fund (IMF) deal does not include any additional burdens on Egyptian citizens, the country’s Finance Minister Mohamed Maiit said on Saturday. Egypt is in talks with the IMF about potential funds in addition to technical support to hedge against the economic effects of the Russia-Ukraine …

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Ukraine needs a 'Marshall Plan' – German finance minister – Reuters.com

German Finance Minister Christian Lindner speaks during a budget session, in the plenary hall of the lower house of the German parliament, the Bundestag, in Berlin, Germany March 22, 2022. REUTERS/Michele Tantussi Register now for FREE unlimited access to Reuters.com Register BERLIN, March 22 (Reuters) – Ukraine needs a Marshall Plan to deal with the …

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Russian banks rush to switch to Chinese card system – Reuters.com

UnionPay, a Chinese credit card company, displays on the exhibit hall floor during the Money 20/20 conference in Las Vegas, Nevada, U.S. on October 24, 2017. REUTERS/Steve Marcus Register now for FREE unlimited access to Reuters.com Register March 6 (Reuters) – Several Russian banks said on Sunday they would soon start issuing cards using the …

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Pressure on Putin must be increased to the maximum, German finance minister says – Reuters.com

German Finance Minister Christian Lindner addresses the media during a news conference after a meeting of the stability council in Berlin, Germany, December 10, 2021. Michael Sohn/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register BERLIN, March 14 (Reuters) – The pressure on Russian President Vladimir Putin must be increased to …

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Russian invasion shut down 30% of Ukraine's economy, finance minister says – Reuters.com

LVIV, Ukraine, March 19 (Reuters) – The Russian invasion has forced 30% of Ukraine’s economy to stop working, Finance Minister Serhiy Marchenko said in a televised interview on Saturday. “Our tax revenues do not allow us to cover our needs, (therefore) the main revenue stream is borrowing,” Marchenko said. Register now for FREE unlimited access …

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EU bars 7 Russian banks from SWIFT, but spares those in energy – Reuters.com

BRUSSELS, March 2 (Reuters) – The European Union said on Wednesday it was excluding seven Russian banks from the SWIFT messaging system, but stopped short of including those handling energy payments, in the latest sanctions imposed on Russia over its invasion of Ukraine. Russia’s second-largest bank VTB (VTBR.MM), Bank Otkritie, Novikombank, Promsvyazbank (PSKBI.MM), Bank Rossiya, …

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French finance ministry briefly evacuated after false bomb threat – police – Reuters.com

PARIS, March 17 (Reuters) – The French finance and economy ministry in Paris was partially evacuated briefly on Thursday following a false bomb alert, but staff are now returning to work, a police official said. The alert and evacuation took place while French President Emmanuel Macron was presenting his election programme to French and international …

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