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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

E

Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

E

Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

E

Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

E

Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

E

Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

E

Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

E

Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

E

Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

E

Israeli Forces Raid Financial Sites in Jenin - Palestine

A leaflet issued by Israeli forces lies on the ground in Hebron, West Bank on May 27, 2025. The notice declares the closure of an unnamed financial institution for allegedly supporting terrorism and forbids further dealings with it. Photo by Mojahid Nawahda/Middle East Images/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Former President Bill Clinton marks the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Former President Bill Clinton marks the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Former President Bill Clinton marks the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen delivers remarks to mark the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen marks the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen and former President Bill Clinton mark the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen delivers remarks to mark the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen marks the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen and former President Bill Clinton mark the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen and former President Bill Clinton greet staffers to mark the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen and former President Bill Clinton greet staff to mark the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen and former President Bill Clinton greet staff to mark the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Janet Yellen and Bill Clinton at CDFI Fund - Washington

Treasury Secretary Janet Yellen marks the 30th anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund at the Treasury Department in Washington on November 21, 2024. Photo by Yuri Gripas/ABACAPRESS.COM

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Israeli Airstrike In The Southern Suburb Of Beirut

This photo taken on Oct. 20, 2024 shows smoke caused by Israeli airstrike in the southern suburb of Beirut, Lebanon. Israeli warplanes on Sunday evening began bombing branches of Al Qard Al Hassan, a financial institution affiliated with Hezbollah, al-Jadeed local TV channel reported. The TV channel confirmed that the branch of the financial institution in Chiyah in Beirut's southern suburbs had been attacked, with no immediate casualties reported yet. Photo by Bilal Jawich/Xinhua/ABACAPRESS.COM

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Israeli Airstrike In The Southern Suburb Of Beirut

This photo taken on Oct. 20, 2024 shows smoke caused by Israeli airstrike in the southern suburb of Beirut, Lebanon. Israeli warplanes on Sunday evening began bombing branches of Al Qard Al Hassan, a financial institution affiliated with Hezbollah, al-Jadeed local TV channel reported. The TV channel confirmed that the branch of the financial institution in Chiyah in Beirut's southern suburbs had been attacked, with no immediate casualties reported yet. Photo by Bilal Jawich/Xinhua/ABACAPRESS.COM

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Israeli Airstrike In The Southern Suburb Of Beirut

This photo taken on Oct. 20, 2024 shows smoke caused by Israeli airstrike in the southern suburb of Beirut, Lebanon. Israeli warplanes on Sunday evening began bombing branches of Al Qard Al Hassan, a financial institution affiliated with Hezbollah, al-Jadeed local TV channel reported. The TV channel confirmed that the branch of the financial institution in Chiyah in Beirut's southern suburbs had been attacked, with no immediate casualties reported yet. Photo by Bilal Jawich/Xinhua/ABACAPRESS.COM

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China Cultural Center in Budapest opens its doors

STORY: China Cultural Center in Budapest opens its doors SHOOTING TIME: June 20, 2024 DATELINE: June 21, 2024 LENGTH: 0:01:23 LOCATION: Budapest CATEGORY: CULTURE SHOTLIST: 1. various of the opening ceremony STORYLINE: The China Cultural Center in Budapest opened on Thursday, with an event featuring a photo exhibition and an interactive tea show. Hungarian Minister of Culture and Innovation Janos Csak spoke at the event of the enduring friendship and mutual respect between Hungary and China. "The opening of this institution marks another milestone in our cooperation, which spans economic, cultural, commercial, and financial areas," he said. The new center will deepen Hungarians' understanding of Chinese culture, and strengthen bilateral relations, he added. Meanwhile, Chinese Ambassador to Hungary Gong Tao expressed gratitude for the support received from Hungarian authorities, and expressed hope that the center would facilitate rich cultural exchanges. Director of the China Cultural Cente

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China is extremely innovative economy: Deutsche Bank China COO

STORY: China is extremely innovative economy: Deutsche Bank China COO SHOOTING TIME: June 17, 2024 DATELINE: June 20, 2024 LENGTH: 00:02:09 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Shanghai 2. various of Deutsche Bank 3. various of China's Tianjin 4. various of Shanghai 5. SOUNDBITE (English): OLE GERDAU, Chief Operating Officer at Deutsche Bank China STORYLINE: Deutsche Bank has recently made substantial investments in enhancing its operational capacity in north China's Tianjin Municipality, said Ole Gerdau, chief operating officer at Deutsche Bank China. Deutsche Bank has a storied history marked by the establishment of its first international branch in Shanghai. Today, it is an international industry leader recognized as a preeminent financial institution among foreign banks in China, boasting an extensive array of licenses and a commitment to delivering financial services to a diverse clientele, including multinational corporations and financial entities. SOUNDBITE (Englis

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Egyptian PM commends IMF loans

STORY: Egyptian PM commends IMF loans SHOOTING TIME: April 28, 2024 DATELINE: April 29, 2024 LENGTH: 00:00:35 LOCATION: Riyadh CATEGORY: ECONOMY SHOTLIST: 1. various of Egyptian Prime Minister Mostafa Madbouly attending a special meeting of the World Economic Forum in Riyadh (Courtesy of the Egyptian Cabinet) STORYLINE: During a meeting with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva in the Saudi capital of Riyadh on Sunday, Egyptian Prime Minister Mostafa Madbouly expressed gratitude for the collaboration between the Egyptian government and the IMF. The two leaders were in Riyadh to attend a special meeting of the World Economic Forum (WEF). Madbouly emphasized that the IMF's approval to increase the value of the financing program provided to Egypt reflects the high level of confidence the international financial institution has in the Egyptian economy. Egypt has met seven commitments out of 15 pledges under its ongoing eight-billion-dollar Extended Fund Facility (EFF)

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Solemn opening of lyceum in Borodianka rebuilt by Lithuania

KYIV REGION, UKRAINE - MARCH 15, 2024 - Member of the Borodianka Village Council, Secretary of the Standing Committee of the Borodianka Village Council on Social and Economic Development, Budget and Finance, Implementation of State Regulatory Policy, Development of Securities and Other Financial Instruments, Investments and Foreign Economic Relations Iryna Zakharchenko speaks at the press briefing as part of the solemn opening of the Lithuanian-Ukrainian Lyceum no.1 almost completely destroyed by the Russian occupiers in the beginning of the full-scale invasion and rebuilt with the financial support of the Lithuanian government, Borodianka, Kyiv region, northern Ukraine.

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BELGIUM-BRUSSELS-EU-ECONOMY-GROWTH FORECAST

(231116) -- BRUSSELS, Nov. 16, 2023 (Xinhua) -- An office of a financial institution is pictured on a street in Brussels, Belgium, on Nov. 15, 2023. The European Union (EU) economy lost momentum in 2023, according to the European Commission's Autumn Economic Forecast published here on Wednesday. The Commission has downgraded its forecast for economic growth in both the EU and the eurozone this year to 0.6 percent from the previously projected 0.8 percent. (Xinhua/Zhao Dingzhe)

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World Bank says Indian economy to grow at 6.3 pct in FY 2023-24

STORY: World Bank says Indian economy to grow at 6.3 pct in FY 2023-24 DATELINE: Oct. 5, 2023 LENGTH: 00:01:39 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of wholesale market 3. various of crop fields and crop harvesting STORYLINE: The World Bank Tuesday said the Indian economy is projected to grow at 6.3 percent in the current financial year. The international financial institution, in its report, said India continues to show resilience against the backdrop of a challenging global environment. India Development Update (IDU), the World Bank's half-yearly report on the Indian economy, observes that despite significant global challenges, India was one of the fastest-growing major economies in FY22-23 at 7.2 percent. "India's growth rate was the second highest among G20 countries and almost twice the average for emerging market economies. This resilience was underpinned by robust domestic demand, strong public infrastructure investment and a strengthening financial s

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Nigerian president pledges thorough housecleaning of central bank

STORY: Nigerian president pledges thorough housecleaning of central bank DATELINE: Oct. 3, 2023 LENGTH: 00:01:08 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of Nigeria's central bank 2. various of banking activities 3. various of speech by Bola Tinubu, Nigerian President STORYLINE: Nigerian President Bola Tinubu on Sunday pledged to oversee a thorough housecleaning of the country's central bank to rid the institution of corruption. In a nationwide broadcast to commemorate Nigeria's 63rd independence anniversary, Tinubu shed light on some critical and sensitive national issues, including instituting a monetary policy that will be for the benefit of all Nigerians. He described the Central Bank of Nigeria (CBN) under the leadership of former governor Godwin Emefiele as a "den of malfeasance," saying that the "housecleaning is well underway" in a move aimed at bringing large-scale corruption in the financial institution to an end. While noting a new leadership for the central bank has just been c

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BRICS bank helps boost financing in developing countries: scholars

STORY: BRICS bank helps boost financing in developing countries: scholars DATELINE: Aug. 23, 2023 LENGTH: 00:01:53 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the New Development Bank 2. SOUNDBITE 1 (English): GWEN RAMOKGOPA, ANC Treasure General 3. SOUNDBITE 2 (English): CAVINCE ADHERE, Kenya-based international relations scholar 4. SOUNDBITE 3 (Spanish): EDUARDO REGALADO, Researcher at the International Policy Research Center of Cuba STORYLINE: International scholars say that over the past eight years since its establishment, the Shanghai-based New Development Bank (NDB) has helped boost financing in developing countries. The NDB is the first global multilateral financial institution initiated wholly by developing countries. Observers say that over the years, the NDB has made positive progress in institutional development, and gradually increased its project portfolio. SOUNDBITE 1 (English): GWEN RAMOKGOPA, ANC Treasurer-General "BRICS bank has been able to fund infrastructure projects

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New Development Bank to deepen local currency, climate financing, says VP

STORY: New Development Bank to deepen local currency, climate financing, says VP DATELINE: July 21, 2023 LENGTH: 00:03:10 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of New Development Bank building 2. SOUNDBITE 1 (English): LESLIE MAASDORP, Vice president and chief financial officer of NDB 3. various of street views in Shanghai 4. SOUNDBITE 2 (English): LESLIE MAASDORP, Vice president and chief financial officer of NDB STORYLINE: Leslie Maasdorp, vice president and chief financial officer of the New Development Bank (NDB) said, since its establishment eight years ago, the Shanghai-based bank has gone through "an incredible journey" and will continue to deepen local currency and climate financing. SOUNDBITE 1 (English): LESLIE MAASDORP, Vice president and chief financial officer of NDB "The bank turns 8 years old. It's been an incredible journey from a complete startup to an institution that is now fully fledged occupying a 30-story building here in Pudong. I'd say there are three mai

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World Bank lowers India's growth forecast to 6.3 pct in FY23-24

STORY: World Bank lowers India's growth forecast to 6.3 pct in FY23-24 DATELINE: April 5, 2023 LENGTH: 00:01:35 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India Gate 2. various of markets 3. various of a gas station 4. various of traffic STORYLINE: The World Bank on Tuesday lowered India's economic growth forecast to 6.3 percent for the financial year 2023-24 from its earlier estimate of 6.6 percent announced last December. The international financial institution in its report attributed the downgrade to slower consumption growth and challenging external conditions. "The World Bank has revised its FY23-24 GDP forecast to 6.3 percent from 6.6 percent (December 2022). Growth is expected to be constrained by slower consumption growth and challenging external conditions," the report said. "Rising borrowing costs and slower income growth will weigh on private consumption growth, and government consumption is projected to grow at a slower pace due to the withdrawal of pandemic-related fisca

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BOTSWANA-ENTREPRENEURS-PLATFORMS

(230404) -- GABORONE, April 4, 2023 (Xinhua) -- Deputy Permanent Secretary in the Ministry of Entrepreneurship Helen Chilisa (L) and Absa Head of Global Markets James Nthoyi sign a memorandum of understanding in Gaborone, Botswana, on April 3, 2023. Botswana and its financial institution Absa Bank Botswana signed a memorandum of understanding on Monday to create platforms that empower and develop entrepreneurs. TO GO WITH:"(Special for CAFS) Botswana launches platforms for empowering entrepreneurs" (Photo by Tshekiso Tebalo/Xinhua)

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Fallout from collapse of U.S. banks causes more trouble in Europe

STORY: Fallout from collapse of U.S. banks causes more trouble in Europe DATELINE: March 16, 2023 LENGTH: 00:00:52 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of the banks in Rome 2. various of U.S. dollar and Euros STORYLINE: Banking giant Credit Suisse lost nearly a fourth of its value Wednesday, amid the growing fallout from the collapse of two regional banks in the United States. New York-based Signature Bank was shut down Sunday by state regulators, two days after California's Silicon Valley Bank (SVB) collapsed as depositors rushed to withdraw funds. Wednesday marked the second time in three trading sessions since the U.S. bank failures, that European financial stocks were severely battered. Nevertheless, the dramatic impact on Credit Suisse in trading Wednesday was largely unexpected, since the institution is so large. According to 2022 data from Insider Intelligence, Credit Suisse was the second-largest bank in Switzerland and the 17th-largest in Europe, with an estimated 730 billion

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First Republic Bank shares plunge amid fear of systemic contagion after SVB's failure

STORY: First Republic Bank shares plunge amid fear of systemic contagion after SVB's failure DATELINE: March 14, 2023 LENGTH: 00:02:06 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of a First Republic Bank branch in Manhattan, New York 2. various of the exterior of New York Stock Exchange STORYLINE: Shares of First Republic Bank fell more than 65 percent in early trading on Monday morning, causing trades of the company to be halted due to volatility. The volatility came just days after a stock market selloff that triggered the failure of Silicon Valley Bank (SVB), as the concern of systemic contagion spread among the tech industry broadly. That implies investor discomfort with the financial institution despite government activity over the weekend to solve the SVB crisis and potential cascading effects, according to a report by the online newspaper TechCrunch. Since the failure of SVB, it appears that many public-market investors want out of smaller banks, despite the Federal Deposit In

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Nikkei tops 18,000 1st time since July 2007

TOKYO, Japan - A bulletin board at a Tokyo financial institution shows the Nikkei stock index topping the 18,000 threshold on Dec. 8, 2014, for the first time since July 2007, following gains on Wall Street on the back of upbeat U.S. jobs report for the previous month.