Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role…
Germany not affected by reports of Credit Suisse data leak – finance ministry
BERLIN – Germany does not think it is affected by a leak of Credit Suisse client data that was published by an investigative journalism network, a spokesperson for the finance ministry said…
Russian finance ministry to consider central bank proposals on cryptocurrencies
MOSCOW – Russia’s finance ministry on Monday said it would take proposals on cryptocurrencies from the country’s central bank into account so long as they do not contradict its own approach, paving…
Exclusive-Ukraine bids for SDR transfers in funding push, new IMF deal – Finance Minister
By Karin Strohecker and Natalia Zinets LONDON/KYIV – Ukraine is working with the United States and other Western nations on unlocking billions of dollars in funding to shore up its finances and…
G20 finance chiefs to discuss Ukraine this week – German official
BERLIN – Finance chiefs from the Group of 20 leading economies will discuss the Ukraine crisis this week but it is unclear whether they will issue a joint statement with a political…
German Finance Minister expects G20 to address international financial stability
BERLIN – Finance chiefs from the Group of 20 major economies will address international financial stability at their meeting this week and reference to the issue can be expected in the final…
Commerzbank shares fall after finance minister says govt to shed stake in future
BERLIN – Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade on Monday after Germany’s Finance Minister said the government would not keep its stake in the lender in the…
Japan has no plans to review sales tax rates, finance minister says
TOKYO – Japanese is not considering reviewing future national sales tax rates as the current 10% levy provides a vital source of funding the social security spending to support its ageing population,…
Mexico’s finance ministry says talk of ‘technical recession’ imprecise
By Anthony Esposito and Noe Torres MEXICO CITY – Mexico’s Deputy Finance Minister Gabriel Yorio said on Friday that talk of a “technical recession” in the country doesn’t take into account coronavirus-related…
Exclusive-Russian bonds would weather sanctions, but yields would rise -deputy Finance Minister
By Darya Korsunskaya MOSCOW -Any tightening of western sanctions on an already stressed Russian domestic bond market would make borrowing more expensive for the government and cause significant short-term volatility, a deputy…
Germany to host G7 finance meeting May 18-20, Finance Minister tells paper
BERLIN – Germany will host the main finance meeting of its presidency of the Group of Seven economic powers from May 18-20, the Rheinische Post newspaper reported on Wednesday. “This year, the…
Analysis-Investor clash on gas and nuclear muddies EU green finance drive
By Simon Jessop and Kate Abnett LONDON/BRUSSELS – European efforts to reach a common definition of sustainable investments risk fragmenting the market they aimed to unify, as investors are deeply divided over…
Inflation Soars To Highest Level Since 1982
The Consumer Price Index (CPI) increased 0.5% in December, bringing the key inflation indicator’s year-over-year increase to 7%, the U.S. Bureau of Labor Statistics (BLS) reported. The CPI soared to 7% on a…
Republican Senate Candidate Is Selling NFTs To Finance Campaign
Republican Arizona Senate candidate Blake Masters is selling a line of non-fungible tokens (NFTs) to finance his campaign, Axios reported. NFTs are unique packets of data stored on the blockchain, a decentralized…
Former Finance Executive Sentenced to 138 Months in Prison for Orchestrating Massive Market Manipulation Scheme
Earlier today, in federal court in Brooklyn, Abraxas J. Discala, also known as “AJ Discala,” the former Chief Executive Officer of OmniView Capital Advisors LLC (“OmniView”), was sentenced by United States District…
Washington Post Contributor Says Gas Prices ‘Actually Aren’t That High’
The Washington Post published an article Thursday arguing that gasoline prices aren’t actually very high despite “recent commentary” on the issue. Rising gasoline prices are a consequence of inflation, which affects all…
Real Estate Businessman And Lawyer Arrested In Connection With Campaign Finance Scheme
Damian Williams, United States Attorney for the Southern District of New York, Michael J. Driscoll, Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), and Daniel…
Lawmakers Scramble To Fix ‘Devastating’ Tax Reporting Provisions In Infrastructure Bill
Lawmakers are working to fix cryptocurrency tax reporting requirements included in the bipartisan infrastructure bill. The Infrastructure Investment And Jobs Act signed into law by President Joe Biden on Monday contains several digital…
Tennessee State Senator and Nashville Social Club Owner Indicted for Alleged Campaign Finance Scheme
IndictmentMEMPHIS – A federal grand jury in Nashville, Tennessee, returned an indictment Friday charging Tennessee State Senator Brian Kelsey and a Nashville social club owner with violating campaign finance laws as part…
Tennessee State Senator Brian Kelsey And Nashville Social Club Owner Indicted In Campaign Finance Conspiracy
NASHVILLE – A federal grand jury in Nashville Friday, returned a five-count indictment charging Tennessee State Senator Brian Kelsey, 43, of Germantown, Tennessee, and Nashville social club owner Joshua Smith, 44, with…
Tennessee State Senator and Nashville Social Club Owner Indicted for Alleged Campaign Finance Scheme
A federal grand jury in Nashville, Tennessee, returned an indictment Friday charging Tennessee State Senator Brian Kelsey and a Nashville social club owner with violating campaign finance laws as part of an…
Finance manager for Great Falls construction company admits embezzlement scheme
GREAT FALLS – The finance manager of a Great Falls construction company today admitted to fraud in a scheme in which she falsified invoices to steal more than $500,000 from a client…
Senate Confirms Warren Ally Rohit Chopra To Head Consumer Finance Bureau
The Senate confirmed Rohit Chopra to head the Consumer Financial Protection Bureau (CFPB) in a 50-to-48 party-line vote Thursday, continuing the Biden administration’s trend of placing aggressive regulatory enforcers in consumer protection…
Entertainment: How 1980s Japan Became History’s Wildest Party | Earthquake Bird | Netflix
In the late 1980s, a giant bubble economy propelled Japan to new heights of extravagance and excess — but there’s always a crash. Get the backstory on the psychological thriller Earthquake Bird’s…
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