Tag: Financial markets
‘Britcoin’ digital currency being considered by UK
LONDON — British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak indicated could be known as...
Groups push for easier student loan relief for the disabled
Advocates for the disabled are pressing the Biden administration to cancel student debt for hundreds of thousands of Americans who have disabilities that make...
‘No Sweets’: For Syrian refugees in Lebanon, a tough Ramadan
BHANNINE, Lebanon — It was messy and hectic in Aisha al-Abed’s kitchen, as the first day of Ramadan often is. Food had to be...
Turkey to ban cryptocurrencies for buying goods, services
ANKARA, Turkey — Turkey’s central bank is banning the use of cryptocurrencies such as bitcoin in payments for goods and services, according to a...
US warns of punitive actions for Lebanese blocking reforms
BEIRUT — A senior U.S. official warned Thursday that Lebanese politicians who continue to block reforms in the crisis-hit country could face punitive actions...
Turkish central bank maintains key rate unchanged at 19%
ANKARA, Turkey — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise...
Syria devalues its local currency against the U.S. dollar
BEIRUT — Syria devalued the official price of its local currency on Thursday two days after the central bank governor was sacked, state media...
A year after stocks soared, CEOs must show it was warranted
NEW YORK — It's time to show the receipts, CEOs.
For...
US urges Lebanese leaders to break political impasse
BEIRUT — A senior U.S. official on Wednesday berated Lebanese politicians for fighting over the formation of a new government for months while millions...
Senate OKs tough former regulator as market watchdog chief
WASHINGTON — The Senate has approved President Joe Biden’s choice of Gary Gensler to head the Securities and Exchange Commission, signaling an emphasis on...
