As COVID-19 spreads across the Middle East and North Africa, governments have taken steps to try to stem the health and economic impact of the virus including requiring social distancing, establishing curfews, introducing policy, monetary and fiscal relief measures. While anticipating tough times ahead, Egypt is better positioned to handle the ramifications of the virus than most other countries in the region
Read MoreMr. Schwartz, Former COO of Goldman Sachs: One of the most important take-aways from the crisis is the importance of strong leadership, the global coordination from individuals, institutions, governments and policy makers.
Read MoreMr. Schwartz said that for many decades interest rates have effectively been declining, creating very low interest rates, encouraging leverage and with the introduction of quantitative easing – ultimately helping to drive asset prices significantly higher. As we now see a shift to increasing interest rates or “quantitative tightening,” it is somewhat likely that certain institutions and countries may be impacted.
Read MoreIn another clear sign that President Xi is entering the 19th Plenum in a strong position, China has announced plans to open a number of previously restricted sectors to foreign firms. Important policy decisions continue to be made and announced.
Read MoreIn the lead up to the important 19th Plenum of the Chinese Communist Party where the new Party line up will be announced, President Xi Jinping is already making personnel changes in the government. Today, three new Ministerial-level appointments were announced.
Read MoreAs leaders in the global financial community gathered in Washington for the annual IMF/World Bank meetings, the hottest ticket in town was for a technical discussion on green finance.
Read MoreIn the midst of the International Monetary Fund/World Bank fall meetings, international and U.S. experts convened for the “Greening the Financial System: From Momentum to Transformation” conference on October 7th, 2016 in Washington, DC.
Read MoreBasilinna congratulates on the G20 member countries for the bold move of including green finance as a integral part of the final Communique of their meeting in Hangzhou, China in September 2016.
Read MoreFor three decades, China's growth was fueled by government investment and exports of manufactured goods, but rapid growth and urbanization created serious environmental problems.
Read MoreWith last month’s high-profile signing ceremony of the Paris Agreement by 174 countries at the United Nations, the complicated process to turn these historic commitments on climate change into reality has begun. Yet away from the cameras, the more difficult process of financing implementation of these commitments is getting a boost from what may seem an unlikely source: the Chinese government.
Read MoreWith last month’s high-profile signing ceremony of the Paris Agreement by 174 countries at the United Nations, the complicated process to turn these historic commitments on climate change into reality has begun. Yet away from the cameras, the more difficult process of financing implementation of these commitments is getting a boost from what may seem an unlikely source: the Chinese government.
Read MoreChina and the U.S. are bulking up the size and scope of a fund created to finance green projects to about $3 billion, according to two people familiar with the decision. The capital boost will increase the fund’s size by 50 percent from $2 billion and broaden its investment mandate to green projects beyond just improving the energy efficiency of buildings, said the people, who asked not be identified because the information isn’t public.
Read MoreChinese President Xi Jinping was an unexpected savior of the historic Paris Climate Summit last December. He offered far reaching Chinese commitments to reduce carbon emissions, and also provided necessary political momentum to finalize the difficult international negotiations.
Read MoreWashington, DC—The Paulson Institute and the Green Finance Committee of China Society for Finance and Banking convened a half-day symposium of global finance leaders and experts to discuss recommendations for the development of robust global green finance mechanisms and markets.
Read MoreChina is set to become a hotbed for the $100-billion market in bonds tied to environmentally friendly investments as authorities and developers seek alternatives to loans for funding a shift to clean energy supplies.
Read MoreChina is set to become a hotbed for the $100 billion market in bonds tied to environmentally-friendly investments as authorities and developers seek alternatives to loans for funding a transformation to clean energy supplies.
Read MoreThe U.S.-China relationship remains bogged down by a host of intractable issues, ranging from cyber security and the South China Sea to currency devaluation and China’s economic slowdown.
Read MoreChina's 13th five-year plan, due for release in 2016, will reportedly include the most ambitious environmental reform agenda attempted in history. A study by Goldman Sachs predicts that, as a result, the Chinese environmental market could be a multibillion-dollar opportunity.
Read MoreImagine relocating four of America’s top five city populations – Los Angeles, Chicago, Houston, and Philadelphia – into new cities every year. That is what Chinese urbanization will look like.
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