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Iraq in Discussions with Chinese State-Owned Investment Company for Project Financing
24.9.2019
Over the course of the past decade and a half, Iraq has been ravaged by war and terrorism. The unrest in the country has led to a rapidly declining economy and in turn, a total collapse of the infrastructure in the country. The country has pretty much collapsed amidst the turmoil, and it needs...
India Announces Multiple Mega-Mergers of State-Owned Banks in Latest Attempt to Spur Growth
31.8.2019
India is one of the handfuls of nations in which publicly owned banks still make up the major chunk of the financial system and while it has its merits, it has its demerits as well. In recent years, some of the biggest public sector banks in the country have been encircled with bad loans...
Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
1.8.2019
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...
Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token
3.6.2019
Brazilian state-owned bank BNDES will finance a documentary using its own real-pegged stablecoin
Russian State-Owned Holding Giant Proposes to Apply DLT in All the Gov’t Data Systems
24.5.2019
Russian state-owned holding conglomerate Rostec proposes a $1.3 billion-worth plan to apply blockchain in all the state data systems