BIZARRE: 13 - What They Never Told You

Qatar Central Bank in 'Foundation Stage' of Issuing a CBDC

The Qatar Central Bank (QCB) is in the foundation stage of issuing a Central Bank Digital Currency (CBDC) and it is working on finding the right technology and platform, the Central Bank’s Governor H E Sheikh Bandar bin Mohammed bin Saoud Al Thani has said.

Benzinga · Jun 22, 2022

Sources: Lebanon Central Bank Forensic Audit to Begin June 27

A team from US-based auditor Alvarez and Marsal (A&M) will arrive in Lebanon on June 27 and begin a long-delayed forensic audit of the country's central bank, two Lebanese official sources told Reuters. The forensic audit, to examine the bank's past financial transactions to boost transparency, has been a key…

Asharq Al-Awsat · Jun 22, 2022

CSO figures show Irish people are now almost 40 years old before they can buy their first home

The median age of single home buyers has risen above 40 while it stands at 38 for joint purchasers

Irish Mirror · Jun 21, 2022

Lebanon Cenbank Governor, Brother Sue State over ‘Mistakes’ in Embezzlement Probe

Lebanon's central bank governor and his brother are suing the state over what they say were "grave mistakes" made by a public prosecutor in his investigation of whether they had embezzled public funds, according to a copy of the lawsuit. Their claim has led to concerns that the public probe…

Asharq Al-Awsat · Jun 3, 2022

Russian Minister Calls for Regulation on Crypto Mining

Asserting that mining of cryptocurrencies in Russia accounts for more than 2% of the total volume of energy consumed in the country, more than the electricity being used for agriculture, Vasily Shpak, Deputy Head of the Ministry of Industry and Trade said the sector needs to be regulated.

Benzinga · May 31, 2022

Turkey Projects 7% Growth for Q1 2022

The Turkish economy's solid and balanced growth trend and the pioneering data point out that annual growth will be around seven percent in the first quarter of 2022, Treasury and Finance Minister Nureddin Nebati said Monday. Speaking at the General Assembly of the Banks Association of Turkey (TBB), Nebati said…

Asharq Al-Awsat · May 31, 2022

Qatar Central Bank Expects GDP Growth of 3.5% in 2022

Qatar’s gross domestic product (GDP) should grow 3.5% in 2022, Central Bank Governor Sheikh Bandar bin Mohammed bin Saoud Al-Thani told a conference on Sunday in Doha. In his opening keynote at The Euromoney Qatar Conference on Sunday, Sheikh Bandar announced that the bank is working on designing a new…

Asharq Al-Awsat · May 30, 2022

Business: RBI to adopt graded approach to introduce digital currency

The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of currency and payment systems. Full story on Dynamite News:

Dynamite News · May 28, 2022

Doctors, hospitals in crisis-hit Lebanon go on 2-day strike

Dozens of doctors, nurses and medical personnel have rallied outside the Central Bank in the Lebanese capital of Beirut after declaring a two-day general strike

The Independent UK · May 26, 2022

Live updates | Ukraine says Russia presses offensive in east

The General Staff of the Ukrainian military says the Russian forces have continued attempts to press their offensive in several sections of the frontline in the east and also launched missile and air strikes at infrastructure facilities across the country

The Independent UK · May 26, 2022