Tag: finance department

Factbox-From property to bonds, 4 financial flashpoints for the euro zone

By Francesco Canepa

FRANKFURT (Reuters) – Whereas a financial storm gathers shut by, the euro zone has up to now been comparatively unscathed.

The membership of 19 nations that share the euro has not seen a flare-up in financial stress while UK pension funds gasp for air and Swiss banking massive Credit score rating Suisse comes beneath market stress.

Nonetheless surging charges of curiosity and a drying up of capital means it is perhaps a matter of time sooner than some problem emerges in a bloc that has relied for a decade on ultra-low borrowing costs.

It is a check

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Financial assist coming for Magdalen Islands residents arduous hit by Fiona

Quebec is offering financial compensation to people whose homes or firms had been damaged on the Magdalen Islands when post-tropical storm Fiona battered the world Saturday.

Incumbent Public Security Minister Geneviève Guilbault made the announcement whereas in Cap-aux-Meules on Sunday, saying those who keep on the islands and some firms will be eligible. These with journey homes won’t be.

It’s too early correct now to say what variety of homes on the islands had been damaged by the sturdy winds and flooding, she talked about. The value of the harm will be nonetheless being determined.

“We’ll cowl one thing that

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Alvaro Lario, worldwide finance govt, takes helm at UN’s Worldwide Fund for Agricultural Enchancment

Revealed: Sept. 30, 2022 at 4:20 AM MDT|Updated: 2 hours previously

ROME, Sept. 30, 2022 /PRNewswire/ — Enchancment finance chief Alvaro Lario takes the helmet of the UN’s Worldwide Fund for Agricultural Enchancment on Saturday with an urgent mission to battle poverty and hunger among the many many world’s rural poor as they face existential threats of native climate change and meals insecurity.

Alvaro Lario, IFAD President
Alvaro Lario, IFAD President(PRNewswire)

Alvaro Larioworldwide finance govt, takes helm at UN’s Worldwide Fund for Agricultural Enchancment

Lario, a Spanish nationwide who has served as IFAD’s chief financial officer since

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