Daily Archives: 10/19/2018


IMF Reaches Deal with Ukraine on New $4 Billion, 14-Month Loan

The International Monetary Fund announced Friday it had reached an agreement with Ukraine on economic policies that would unlock a new loan deal that will provide nearly $4 billion. The new 14-month standby loan deal replaces an existing four-year financial …


Financial Watchdog: Regulate Cryptocurrencies Now, Or Else

A global financial body says governments worldwide must establish rules for virtual currencies like bitcoin to stop criminals from using them to launder money or finance terrorism. The Financial Action Task Force said Friday that from next year it will …


Former Deputy UK Leader Nick Clegg Takes Post with Facebook

Facebook has hired former U.K. deputy prime minister Nick Clegg to head its global policy and communications teams, enlisting a veteran of European Union politics to help it with increased regulatory scrutiny in the region. Clegg, 51, will become a …


French Startup Offers Visions of Damaged Middle Eastern Cities

The Syrian government says the ancient city of Palmyra, gravely damaged by IS militants, could reopen to the public next spring. But, while restoration continues on the ground, one French startup is showing people how Palmyra and other cities affected …


Women-to-Women Business Fund Comes to Britain

A women-to-women investment fund is coming to Britain next month to boost financing for female-owned businesses, its founder said Thursday, as efforts grow to close the gender investing gap. SheEO has lent more than $2 million to 32 female social …