The takeover of Credit Suisse by UBS was necessary to avoid disruptions of Switzerland’s banking system, Swiss Finance Minister Karin Keller-Sutter said on Saturday. “Credit Suisse would not have survived Monday,” she said in an interview with Swiss newspaper Neue Zürcher Zeitung published Saturday. She argued that the use of emergency law to allow a … Read more
The top cryptocurrency is not a reliable tool for investment due to its volatility, Anatoly Aksakov claims The cryptocurrency market is extremely unpredictable and cannot be viewed as an alternative to traditional financial services at a time of global uncertainty, according to the head of the Russian State Duma Financial Market Committee. Anatoly Aksakov told … Read more
Bharath Vellore, General Manager, Asia-Pacific, Provenir Even before the rising popularity of ChatGPT and similar tools, the finance industry has begun to explore the use of AI in its various sectors. According to Bharath Vellore, General Manager, Asia-Pacific, Provenir, in an email interview with e27, there are three notable use cases of AI in the … Read more
Addis Ababa, 21 March 2023 (ECA) – Africa should deploy innovative resource mobilization and accelerate economic recovery from multiple crises which have eroded two decades of development gains and increased poverty, Ministers of Finance have urged. In a Ministerial Statement adopted at the 55th session of the Conference of African Ministers of Finance, Planning and … Read more
Mehmet Yıldırım, a senior figure of the PKK terrorist group’s Syrian wing YPG, was killed in Syria in an operation run by the National Intelligence Organization (MIT). Yıldırım, known by his code name “Hamza Kobani,” was serving as the “finance official” of the terrorist group in Aleppo and Tal Rifaat, security sources said Sunday, Trend … Read more
BAKU, Azerbaijan, March 17. The Asian Development Bank continues to support Azerbaijan private sector through various initiatives, Candice McDeigan, ADB Country Director in Azerbaijan, told Trend. “In 2022, ADB partnered with the Ministry of Economy to launch a technical assistance project with a $1.2 million grant to support the Government’s Public-Private Partnership (PPP) agenda and … Read more
Azerbaijan's Finance Ministry to auction off public bonds Source link
Azerbaijani National Depository Center makes payments on Finance Ministry's bonds Source link
Britain’s finance ministry and the Bank of England are working together to minimize the disruption that could stem from a collapse of the UK arm of Silicon Valley Bank, which has been seized by US regulators, the ministry said on Saturday, Trend reports citing Al Arabiya. Talks were scheduled for later on Saturday to discuss … Read more
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