Lebanon Warned of Implosion as IMF, World Bank Plead for Reforms

In this article Lebanon is at risk of “implosion” unless it develops a new governance model that’s less corrupt and more transparent than today’s system, according to the World Bank. “Politicians need to stop and listen,” Ferid Belhaj, the World Bank’s most senior official for the Middle East and North Africa, said in an interview in Dubai on Sunday. “You […]

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Oil Prices Hold Steady After Last Week’s Rally

Oil prices held steady on Monday as coronavirus-related worries persisted and data showed the Japanese economy shrank at the fastest pace in six years in the December quarter, raising fresh worries about a slowdown in oil demand. Benchmark Brent crude slid 0.1 percent to $57.28 a barrel, after climbing more than 5 percent last week to post its biggest weekly […]

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Coronavirus has US firms in China reporting staff shortages

Peter Navarro clarifies the path ahead for a coronavirus treatment White House trade adviser Peter Navarro explains the production process for pharmaceuticals in America. U.S. companies in China say they are seeing an impact from business shutdowns due to the coronavirus epidemic. Continue Reading Below That is according to a poll by Shanghai's American Chamber of Commerce (AmCham). A big […]

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European stocks edge higher as China cuts lending rate

European stocks advanced on Monday, edging higher as China moved to limit the fallout from the coronavirus halting activity in the world’s second-biggest economy. The Stoxx Europe 600 SXXP, +0.25% increased 0.27% to 431.70. U.S. markets are closed in observance of Presidents Day. China took another step to boost its economy, with the People’s Bank of China cutting its one-year lending […]

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Leonine Interview: After Shaking Up The German Biz, CEO Fred Kogel Talks 2020 Priorities, The Munich HQ, Growth Areas & The State Of The Local Market – EFM

EXCLUSIVE: New York investment firm KKR began its remarkable German buying spree 12 months ago. When it was done, one of the world’s biggest film and TV markets looked dramatically different. The ambitious studio it created, Leonine, is an accumulation of companies including film and TV powerhouse TMG, film distributor Universum, Dark producers Wiedemann & Berg and production outfit i&u […]

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What the Coronavirus Means for the World’s First Pandemic Bonds

Subscribe to Odd Lots (Spotify) Subscribe to Odd Lots (Apple Podcasts) Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics. ShareSubscribeCookie PolicySubscribe to Odd LotsKeep up to date by subscribing to this podcastShare What the Coronavirus Means for Pandemic BondsShare this episode with your friendsCookie PolicyThis player is hosted by Megaphone, a podcast publishing platform. By using […]

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China Moves to Delay Parliament for First Time in Decades

China is considering delaying its most high-profile annual political meeting for the first time in decades, as the government attempts to contain an outbreak of a deadly new strain of coronavirus. The Standing Committee of the National People’s Congress will meet Feb. 24 to consider a delay of the annual meeting of the full parliament planned to convene March 5, […]

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German court halts site preparation for Tesla factory

Tesla delivered more than 367,000 vehicles in 2019 Tesla achieved record levels of production to close 2019 and Apple shares rise as price target increases. FOX Business’ Kristina Partsinevelos with more. A German court has temporarily halted the site preparation for Tesla Inc.'s first electric car factory in Europe. Continue Reading Below The Higher Administrative Court for Berlin-Brandenburg ordered Tesla […]

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Slowdown: Is there an end in sight?

The Economic Survey seems convinced that 2019-2020 saw the bottom of the economic cycle, points out Abheek Barua, chief economist, HDFC Bank. An Economic Survey, written at the time of what appears to be a prolonged economic slump can perhaps be best ‘judged’ on the basis of its ability to answer two questions. Has the government’s Chief Economic Advisor, its […]

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