Finance

G20 finance chiefs set to discuss reforms to development banks, crypto, debt

NEW DELHI (Reuters) – Finance ministers and central bank governors of the G20 member nations are set to meet and discuss reforms to multilateral development banks, a framework for crypto assets and debt treatment of some countries, an Indian government official said Wednesday.

India, which holds this year’s G20 presidency, will host global finance chiefs and deputies in the western state of Gujarat between July 14-18.

The first volume of a report on strengthening multilateral development banks by an expert group set up under the G20 and a “guidance note” to develop a globally coordinated framework for regulation and supervision

Finance

Find Out How Long It Takes To Refinance a Car Loan

cars for sale

How Long It Takes To Refinance a Car Loan?Owaki/Kulla – Getty Images

Refinancing a car loan can take anywhere from a few hours to a couple of weeks. This means that if you took a loan from the dealership because it was convenient, but it turned out to be a mistake, you can apply for a new loan as soon as you drive off the lot. The average car payment for a loan in the US is $716 for a new car and $526 for a used model.

With over 80% of buyers choosing to finance their purchases, many

Finance

Coping with the crushing reality of the sandwich generation

Five tools to manage stress when it hits

Article content

There is a perception that my role as an investment and wealth adviser is to focus on “the numbers.” In reality, that could not be further from the truth. Managing wealth

Finance

Finance barriers are hurting Global South’s climate transitions | Climate Crisis

In East Africa, start-up company Ampersand Solar has a plan to transition millions of “boda boda” taxi drivers to cheaper, cleaner electric motorcycles.

In Nigeria, energy company Phoenix Edison is ready to build the country’s first waste-to-energy project, reducing municipal waste and carbon emissions.

In Kenya, fertilizer maker Safi Organics is converting local biomass waste into fertilizers and is aiming to provide farmers with income from carbon credits.

These projects are proven and ready to grow. They will create jobs, reduce emissions and promote sustainable development. But they and many similar business ventures around the developing world are struggling to

Finance

Brain Food – JennifersKitchen

The brain is the most complex organ of the human body. It’s also a very hungry organ. The brain gobbles up about 20 percent of your daily calorie intake. And research shows that the food we eat directly affects the structure and function of our brain.

But can certain foods actually improve memory, help us concentrate, make us more intelligent, and help us think more clearly?

Research says positively yes.

We can make our brains work better simply by feeding them the right foods. Here, some smart foods to add to your meals this week.

The Brain Diet

Fruits

Fruit

Finance

Supreme Court Student Loan Ruling May Raise US Recession Risk

The upcoming Supreme Court ruling on the constitutionality of President Biden’s student loan forgiveness may be an unprecedented in its near-immediate impact on consumer finance. If the conservative court strikes down the $400-billion giveaway, the US economy could face a close brush with recession.




X



The stakes for the ruling in Biden v. Nebraska, which could come as early as Friday, is heightened by the fast-approaching end to the moratorium on federal student loan payments that’s been in place since April 2020.

Student Loan Payments To Cut Consumer Spending

Deutsche Bank estimates that a resumption of student loan payments will

Finance

Finance minister Chrystia Freeland: Stellantis deal ‘is coming’

2 min read

The federal government, which has been renegotiating its support for the NextStar Stellantis-LGES electric vehicle battery plant in Windsor, is confident that the investment is good for the country and that a deal is coming, according to Finance Minister Chrystia Freeland.

“We’re very confident in the value of the Stellantis investment, which is coming,” Freeland told reporters in Ottawa on Wednesday, without elaborating further.

Stellantis last month stopped construction at the $5 billion plant, which is being built in partnership with South Korea’s LG Energy Solution (LGES), saying Canada had not fulfilled promises.

The battery plant investment, which included contributions

Finance

A new super-regulator takes aim at rampant corruption in Chinese finance

Hardly a day passes without someone in Chinese finance “falling off his horse”, or coming under a corruption investigation. State media warned on June 5th that the banking industry is infested with “moths”—mid-level managers who slowly ingest lenders’ resources from the inside out. “Internal ghosts”, executives who use insider connections to pilfer billions from banks, often pose a greater danger. There are “nest cases”, where clusters of fraud spanning several banks are discovered at once, and “skewer cases”, in which the arrest of one banker leads to another, then another. After a recent spate of scandals an official newspaper