U.S. Treasury Secretary Steven Mnuchin said Thursday that he is considering the creation of a government lending program for U.S. oil companies to weather the COVID-19 pandemic.
-
Commercial banks must undertake to sell currency at the exchange rate established on the day of the settlement of foreign transactions, as well as to grant credit in kwanzas without indexation, whenever in the settlement of letters of credit, importers do not have enough funds in their account to cover the operation, recalled the National Bank of Angola (BNA).
-
A factory that will produce masks “made in Macau” is expected to start operating next month.
-
The restrictions imposed on the movement of people due to the Covid-19 pandemic has forced Timor Resources to temporarily suspend test drilling in the south of Timor-Leste, the company”s director …
-
The Covid-19 apandemic in Cape Verde currently has a direct economic and financial cost that reaches 30 million euros per month, wrote the deputy prime minister and finance minister, Olavo Correia, on his Facebook page.
-
Macau”s economy will contract by 24% in 2020 due to the Covid-19 pandemic, according to Fitch Ratings, which kept the territory”s risk rating unchanged at “AA” with a negative outlook, according to a statement issued on Tuesday in Hong Kong.
-
The recent collapse of oil prices is likely to cause further recession to the global economy that is already suffering deterioration over the ongoing COVID-19 pandemic, said Egyptian political and …
-
Paulo Macedo says that the Covid-19 pandemic brings a crisis “quite different from the previous one”, in which “all banks want to give credit”.
