Tag Archives: Bank

BRICS development bank to finance infrastructure projects in Russia

Russia may borrow $ 1 billion from BRICS New Development Bank for infrastructure projects, Deputy Finance Minister Sergey Storchak told reporters on Monday. Read more “With the new BRICS development bank alone we are now preparing four new loans,” Storchak said. He added that these loans altogether would be slightly more than $ 1 billion, and they would be allocated ...

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Russia wins Macro World Cup – Bank of America

Russia has retained its top position among developing nations, according to analysts at Bank of America Merrill Lynch. Moscow is reducing its indebtedness, which makes it the leader among the largest emerging markets (GEM-10). Read more “While not through to the semi-finals of the World Cup, Russia wins the Macro Cup among our GEM-10 grouping of the biggest EMs in ...

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Belkin’s new Lightning-enabled power bank comes with Apple certification

Sure, there are plenty of power banks out there that can charge your iPhone. The ability to charge up via Lightning cable, on the other hand, is a pretty rare thing — and from the looks of it, the Boost Charge Power Bank is the first to do so with Apple’s blessing. Belkin’s new portable charger sports a Lightning port ...

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EU, UN & rights groups condemn Israel’s plan to bulldoze West Bank Bedouin village

The UN Human Rights Office and many European countries have slammed Israel’s decision to demolish a small Bedouin village in the occupied West Bank. Activists claim Israel wants to use the land to expand settlements. Israeli authorities have moved three bulldozers to Khan al-Ahmar, a Bedouin herding village in the West Bank, following a court’s ruling that declared the settlement ...

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US not NATO’s ‘piggy bank’? Trump ‘likely’ to talk straight at bloc’s upcoming summit

Trump is likely to tell NATO members the US will cease to be the bloc’s “piggy bank,” focusing instead on problems at home, the White House said. The remark may add to jitters among US allies about the upcoming summit in Brussels. US President Donald Trump is poised to deliver his vision on burden-sharing among military allies at Brussels NATO ...

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Russia dumped US treasuries to keep reserves safe – central bank

The Central Bank of Russia (CBR) commonly factors in all kinds of risks when allocating the country’s reserves, said the CBR chief, commenting on a major sell-off of US Treasury bonds. “We pursue the policy of safe and diversified holdings,” CBR Governor Elvira Nabiullina said while answering questions before Russia’s lower house of parliament. “We assess financial, economic and geopolitical ...

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Germany will win the World Cup, analysts at German bank predict

A week before the 2018 FIFA World Cup, analysts at Germany’s Commerzbank have predicted that its national team will lift the trophy in the international football tournament. Economists at the country’s second-biggest listed lender says that Germany has an 18-percent probability of winning. Brazil is the second-most likely, according to the research, at just below 13 percent. Spain, Argentina and ...

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Russian central bank boasts of alternative to SWIFT as ready-made defense against US sanctions

Russia has managed to develop a national system for money transfers that could protect its banking from the possible cut off from SWIFT transfer services in case of tougher US penalties, the central bank said. “There are risks in using the global financial networks, the global financial system, of which Russia is a part,” the Central Bank of Russia’s governor, ...

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Israel announces plans for 2,500 homes in occupied W. Bank days after Gaza bloodshed

Israel says it plans to build 2,500 new settler homes in the West Bank in violation of a 2016 UNSC resolution. It comes just days after the IDF killed dozens of Palestinians protesting the Israeli occupation. Israel’s Defense Minister Avigdor Lieberman said on Thursday that he was finalizing plans for the construction of new homes in Jewish settlements in the ...

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Only Down Under: Koala caught fishing on Aussie river bank (VIDEO)

A koala has been caught patiently waiting for a bite while fishing on the banks of the Murray River in Victoria, Australia. The Koala surprised a family, who were taking a break from fishing in the small town of Strathmerton to have a picnic, when it picked up a rod and held it over the water. [embedded content] READ MORE: ...

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