The bank-to-bank transfer using the SWIFT system was symbolically important, indicating the war-torn country was reintegrating into the global financial community.
Tag: Foreign Investments
Business Lobbyists Scramble to Kill $100 Billion ‘Revenge Tax’
Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.
Business Lobbyists Scramble to Kill $100 Billion ‘Revenge Tax’
Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.
Republican Bill Could Set Off Global Tax Fight
Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.
U.S. Says It Wants Trade, Not Aid, in Africa. Cuts Threaten Both.
President Trump’s slashing of foreign assistance threatens road and energy projects that diplomats and experts say align with U.S. priorities.
Gulf States Pay Off $15.5 Million Syrian Debt to World Bank
The move was the latest victory for Syria’s new government as it attempts to stabilize the nation after a long civil war and decades of dictatorship.
Trump Cites $600 Billion in Saudi Deals, but Real Figure Appears Lower
The White House was shy on details about the agreements, and the projects’ costs totaled less than half the number it announced.
In Canada’s Election, Mark Carney’s China Experience Becomes a Liability
Mark Carney, who is running to win a full term as prime minister, has years of experience dealing with Chinese businesses and leadership. It’s become fodder for his opponents.
Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.
Global Growth Expected to Sputter Amid Trade War Fallout Fears
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.