Category: world
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Kenya to use World Bank loan to clear Sh65bn Eurobond
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Kenya will use part of the recently obtained Sh156.8 billion loan from the World Bank to clear the outstanding balance of Sh65.3 billion ($500 million) from its first Eurobond maturing on June 24. The final sovereign bond payment for 2014 is expected to allay investor fears that contracted foreign exchange…
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Major world economies seeking to stop new private sector coal financing – Reuters
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keni1/iStock via Getty Images Reuters reported this week that some of the world’s major economies want to finalize a plan before this year’s UN COP29 climate summit in November to halt new private sector financing for coal projects. If the draft proposal is approved by The OECD would be the…
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Cheapest cryptocurrency in the world
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It is interesting to know what is the cheapest cryptocurrency to buy in 2024? Check out our top 7 low-cost cryptocurrencies with potential for growth. Bitcoin (BTC) has been in the news recently for reaching an all-time high price of over $73,000, making it the most expensive cryptocurrency in the…
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Cheapest cryptocurrency in the world
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It is interesting to know what is the cheapest cryptocurrency to buy in 2024? Check out our top 7 low-cost cryptocurrencies with potential for growth. Bitcoin (BTC) has been in the news recently for reaching an all-time high price of over $73,000, making it the most expensive cryptocurrency in the…
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Meme stock world waits with bated breath as ‘Roaring Kitty’ teases livestream By Reuters
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Written by David Randall NEW YORK (Reuters) – Meme stock traders will be glued to their screens on Friday, when Keith Gill, the online influencer and key figure behind the stunning rise in GameStop (NYSE:) shares in 2021, hosts his own conference. First live broadcast on YouTube in three years.…
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World stocks shine after cautious ECB rate cut By Reuters
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Written by Mark Jones and Koh Gui Cheng NEW YORK/LONDON (Reuters) – Global stocks hit all-time highs and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, while signaling that further moves may take some time. Policymakers at…
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World Bank seeks sanctions, jobs for refugees in new Sh158bn loan
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The World Bank has asked the government to impose sanctions on Cabinet ministers, governors and CEOs of parastatals that continue to pay canceled concessions as part of conditions for a 157.8 billion shillings ($1.2 billion) loan to Kenya. The Washington-based bank also asked the country to lift its ban on…
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World Bank seeks sanctions, jobs for refugees in new Sh158bn loan
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The World Bank has asked the government to impose sanctions on Cabinet ministers, governors and CEOs of parastatals that continue to pay canceled concessions as part of conditions for a 157.8 billion shillings ($1.2 billion) loan to Kenya. The Washington-based bank also asked the country to lift its ban on…
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KDC to get Sh500m World Bank grant for lending
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The Kenya Development Corporation (KDC) has secured a Sh500 million grant from the World Bank to boost its loans to companies managing climate-related shocks. KDC General Manager Nora Ratimo said the company will receive the grant by the end of this financial year. “We will get Sh500 million from the…
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Sandbox unveils The Sandbox DAO to make the virtual world fully community-driven
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Decentralized gaming platform Sandbox has launched The Sandbox DAO, a decentralized autonomous organization (DAO). the DAO Users of the game who hold its native token, SAND, and LAND non-fungible tokens (NFTs) will be allowed to vote on various network improvements to the project. These improvements, called Sandbox Improvement Proposals (SIPs),…
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Sandbox unveils The Sandbox DAO to make the virtual world fully community-driven
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Decentralized gaming platform Sandbox has launched The Sandbox DAO, a decentralized autonomous organization (DAO). the DAO Users of the game who hold its native token, SAND, and LAND non-fungible tokens (NFTs) will be allowed to vote on various network improvements to the project. These improvements, called Sandbox Improvement Proposals (SIPs),…
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Diving into the world of forex trading – what you need to know
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When it comes to investment opportunities in Kenya, Foreign exchange trading It still proves to be one of the most attractive. Thanks to the Capital Market Authority’s (CMA) frameworks, traders benefit from strong protections and a level of transparency that is the envy of other parts of the world. If…
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We want to be a bridge between Israel and the world
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In Israel, Novartis is focusing on marketing and clinical trials, but the country’s president, Elad Maron, says: “We know we can do more. We want to leave our mark outside of Israel.” “Novartis is one of the leaders in its field in Israel. It provides treatment to about 650,000 people…
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Why world must call out Banga hype at the Springs
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Less than a year ago, former MasterCard CEO Ajay Banga was chosen in a surprise move to head the World Bank. Putting a Wall Street player addicted to profits in charge of a development institution that claims to help lift poor countries out of underdevelopment seemed inappropriate. Because many view…
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Why world must call out Banga hype at the Springs
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Less than a year ago, former MasterCard CEO Ajay Banga was chosen in a surprise move to head the World Bank. Putting a Wall Street player addicted to profits in charge of a development institution that claims to help lift poor countries out of underdevelopment seemed inappropriate. Because many view…
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From Tokyo to New York, Stock Markets Are on a Record-Hitting Spree Around the World
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Breadcrumb links BMN Business From New York to London to Tokyo, if there is one similarity among global stock markets it is this: record highs. Article writer: Bloomberg News Jean-Patrick Barnert, Alexandra Semenova, Geoffrey Morgan, and Michael Msika Posted on May 18, 2024 • 4 minutes read You can save…
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The Institutions Are Coming: The Dawn Of A New Era At This Year’s MicroStrategy World — Bitcoin For Corporations Conference
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“Institutions are coming” Anyone who has been in the Bitcoin space for a long period of time has heard some of the prominent figures in the space utter this phrase. In August 2020, when Accurate strategya US-based business software company, announced that it would be Buy Bitcoin To add to…
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LIVE – MicroStrategy World: Bitcoin for Corporations Day 2
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Microstrategy’s annual Bitcoin for Corporations conference has kicked off its second day, featuring talks with leading finance, regulatory, and fintech professionals on the future of Bitcoin adoption for businesses. Discussions will center around the financial implications of the recently approved Spot Bitcoin ETFs in the US, the changing regulatory landscape…