Gov't scraps full guarantee on time deposits

Gov't scraps full guarantee on time deposits

TOKYO, Japan - The Japanese government on April 1 abolished the full guarantee for time deposits in the event of a bank failure in a move that will force depositors to be much more choosy about where they place their hard-earned cash. An unidentified depositor listens to an explanation about the financial state of Jonan Credit Bank in Tokyo on April 1.

Lebanese protest against capital control law

STORY: Lebanese protest against capital control law DATELINE: April 20, 2022 LENGTH: 00:02:56 LOCATION: Beirut CATEGORY: SOCIETY SHOTLIST: 1. various shots for people holding flags and protesting 2. SOUNDBITE(Arabic) 1: HOUSSAM BOUTAYEH, Lawyer 3. various shots for people holding flags and slogans 4. SOUNDBITE(Arabic) 2: ALAA KHORSHID, Depositor 5. various shots for people protesting STORYLINE: Bank depositors gathered on Tuesday morning in Beirut Downtown to protest against the capital control draft law. Protesters held flags and chanted slogans against banks and their "unfair restrictions and practices." Protesters also prevented some deputies from arriving at Parliament for a joint parliamentary session for the Finance and Budget Committee to discuss the bill, which will introduce exceptional and temporary restrictions on bank withdrawals. The draft law on capital control aims to legalize and standardize banking restrictions put in place at the beginning of the economic crisis in 2019. The capital

Gov't scraps full guarantee on time deposits

Gov't scraps full guarantee on time deposits

TOKYO, Japan - The Japanese government on April 1 abolished the full guarantee for time deposits in the event of a bank failure in a move that will force depositors to be much more choosy about where they place their hard-earned cash. An unidentified depositor listens to an explanation about the financial state of Jonan Credit Bank in Tokyo on April 1.