bank

Citigroup Bank Prepared To Fire Unvaccinated Employees By End Of Month

Citigroup has one of the harshest vaccine mandates on Wall Street and is prepared to fire employees at the end of the month who refuse to get vaccinated against COVID-19 by a Jan. 14 deadline. The policy was announced last year, but the cutoff date looms for employees as other big banks struggle to bring employees back with …

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Lebanon Needs $12-15 Bn To Kickstart Recovery: Central Bank

Lebanon needs to receive 12 to 15 billion dollars from its partners to kickstart its economic recovery and shore up fast-diminishing foreign currency reserves, Central Bank Governor Riad Salameh said Tuesday. Lebanon is grappling with an unprecedented economic crisis branded by the World Bank as one of the planet’s worst in modern times. More than …

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Israel Hunts Palestinian Suspects After West Bank Settler Killing

Israeli soldiers carried out a manhunt Friday in the occupied West Bank, a day after the army blamed Palestinians for shooting dead an Israeli settler and wounding two others. The army, which said Palestinian “terrorists” carried out the attack, deployed three extra battalions as well as special forces. “Along with using intelligence capabilities, we will …

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Hong Kong Central Bank Sends Care Packages To Execs In Quarantine

Hong Kong’s central bank confirmed Tuesday that its officials sent care package goodies to high profile executives in quarantine as the business community’s frustrations grow over the city’s international isolation. The finance hub maintains one of the world’s longest quarantines, a measure that has kept the city largely coronavirus-free but cut off from much of …

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World Bank Says Donors Approve Release Of $280 Mn For Afghanistan

International donors agreed to release $280 million in aid to Afghanistan, the World Bank said Friday, after repeated warnings that more than half the population face “acute” food shortages this winter. The fund from the Afghanistan Reconstruction Trust Fund (ARTF) will go “to provide humanitarian assistance to the people of Afghanistan at this critical time,” …

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Mexican President Names First Woman Central Bank Chief

Mexican President Andres Manuel Lopez Obrador on Wednesday nominated Deputy Finance Minister Victoria Rodriguez as the next Bank of Mexico governor, the first woman to head the central bank. The announcement came a day after former finance minister Arturo Herrera said Lopez Obrador had withdrawn his candidacy for the post, unsettling financial markets. “For the …

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Erdogan’s central bank overhaul set up slower growth, higher inflation, economists say

FILE PHOTO: Turkish President Tayyip Erdogan addresses his supporters during the Grand Congress of his ruling AK Party in Ankara, Turkey, March 24, 2021. REUTERS/Umit Bektas/File Photo April 8, 2021 By Ali Kucukgocmen ANKARA (Reuters) – Turkish President Tayyip Erdogan set the stage for higher inflation and slower economic growth when he sacked a well-respected …

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