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28 May 2020, 1:18 pm by Preston Lim
” Interviewed sources stated that the ruling “will make Canada a pathetic clown and scapegoat in the fight between China and the US. [read post]
28 May 2020, 8:23 am by Kristian Soltes
The Reserve Bank’s Payments System Board directed banks more than two years ago to allow retailers to select the cheapest network to process contactless debit payments instead of the longstanding practice of banks routing such transactions to Visa and Mastercard. . . . [read post]
26 May 2020, 8:02 am
. * * * “What’s more worrying is how some anti-China forces in the West have distorted the truth and openly supported anti-China radicals in Hong Kong … We can no longer tolerate how foreign forces have conspired with radicals in Hong Kong to put at risk China’s sovereignty, its authority and the legitimacy of the Hong Kong Basic Law. [read post]
25 May 2020, 7:00 am by Jeff Kenner (University of Nottingham)
This would lead to immense short to medium-term economic problems for the UK – which exports 45% of its goods to the EU (House of Commons Library, 2018) – with a predicted fall of 5.5% in the country’s GDP and a doubling of unemployment to 7% (Bank of England, September 2019). [read post]
25 May 2020, 6:41 am by Rohit De
The year is 1955, and despite the official narrative being that the Mau Mau rebellion had been crushed, characters worry about the Mau Mau on the run or being disguised among the plantation staff, particularly rumors around the mysterious “General Africa” (a reference to Waruhiru Itote, the real life Mau Mau fighter who went by the name General China) who was rumored to be in hiding near Naivasha. [read post]
22 May 2020, 6:18 am by Fred Rocafort
Among those changes, he predicted the following, all of which have already come to fruition and are expected to accelerate: Companies will move their Hong Kong bank accounts elsewhere: Just today, our China team discussed the sudden, en masse decampment to Singapore banks by Chinese companies with whom our clients deal. [read post]
21 May 2020, 8:47 am by Kristian Soltes
The feature allows a buyer to scan a QR code displayed by a seller to make a purchase in a face-to-face transaction, very much as users of the China-based services WeChat Pay, Alipay, and similar technologies can do. [read post]
20 May 2020, 11:32 am by Vanda Felbab-Brown
In addition to an important focus on well-tested and effective problem-oriented policing, responses for avoiding a renewed rise in violence may include engagement with local community leaders to organize food banks and to discourage street violence and retaliation. [read post]
20 May 2020, 6:00 am by Elin Hofverberg
The Chinese construction companies have been financed by loans from Chinese banks. [read post]
20 May 2020, 4:27 am by Jeanne Huang
The first is the general interest calculated at the ‘benchmark interest rate for the loans in the same type as issued by the People’s Bank of China for the same period’. [read post]
19 May 2020, 10:05 pm by Lex-Warrier
Although, SEBI has asked the custodian banks to disclose Foreign Portfolio investors based in China and Hong-Kong. [read post]
16 May 2020, 7:15 am by Prof. James Cooper
With China’s major banks and leading telecommunications, banks, insurance and social media companies onboard, the DC/EP is a seismic attempt at decentralizing payments, all run through the data industrial complex in the world’s second largest economy. [read post]
14 May 2020, 10:00 am by JB
For the Symposium on Timothy William Waters's Boxing Pandora: Rethinking Borders, States, and Secession in a Democratic World (Yale University Press, 2020) and F. [read post]
14 May 2020, 8:35 am by Kristian Soltes
The program kicks off with Avidia Bank, a Massachusetts-based community bank with $1.6 billion in assets, which is the first financial institution to have access to the service. [read post]
14 May 2020, 5:00 am by Justin Sherman
” “Parents and consumers,” Banks added, “have a right to a warning that by downloading some apps like Russia’s FaceApp or China’s TikTok, their data may be used against the United States by an adversarial or enemy regime. [read post]
10 May 2020, 7:00 am by Sandy Alkoutami , Frederic Wehrey
The GNA still controls the Central Bank of Libya, giving it the ability to deploy funds, sign contracts, and distribute capital to partners, all of which are necessary for any viab [read post]
7 May 2020, 8:02 am by Kristian Soltes
China also has one of the highest mobile banking and payment penetrations worldwide, with 57 percent of its consumers able to access personal mobile banking tools as of 2018. . . . [read post]
4 May 2020, 12:24 pm by Desiree Reddy (ZA)
Exchanging bank notes and coins are increasingly seen as risky business, as noted by Thomson Reuters in an article on the rise of digital money transactions. [read post]