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New York ranks poorly on business and tax climate | News, Sports, Jobs

Editor’s Note: This is the third of a four-part series featuring the two 57th State Senate District special election candidates – George Borrello and Austin Morgan. MAYVILLE — New York traditionally ranks poorly in studies on its business and tax climate. So what can the new representative in the 57th State Senate District do about it? That is the questions that was posed to both candidates George Borrello, the Republican, Conservative, Independence and Libertarian parties endorsed candidate and Chautauqua County…

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Half the World’s Banks Are Too Weak to Survive a Down…

More than half of the world’s banks are too weak to survive a downturn, according to a survey from consultancy McKinsey & Co. A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace with costs, McKinsey said in its annual review of the industry released Monday. It urged firms to take steps such as developing technology, farming out operations and bulking up through mergers ahead of a potential economic slowdown. “We believe…

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Trouble for Belt and Road in Myanmar | News | Eco-Business

A year ago, Myanmar and China signed an agreement to establish the China-Myanmar Economic Corridor (CMEC), as part of China’s Belt and Road global infrastructure initiative. Today, that corridor is mired in conflict between the Myanmar military and ethnic armed groups. Stretching 1,700km, the CMEC’s network of new railways, trade zones and other major infrastructure projects is meant to mesh the comparatively impoverished economy of Myanmar with its wealthier neighbour’s landlocked southern province of Yunnan. However, ongoing armed conflict and…

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Hong Kong unrest sees residents look to Australian property safe haven

Updated October 22, 2019 12:38:37 Photo: Hong Kong residents fleeing the unrest are targeting top-end Sydney property. (ABC NEWS: SUE LANNIN) With no end to Hong Kong’s political crisis in sight, more people are looking to leave the Chinese territory. Key points: There has been a spike in interest for Australian property coming from Hong Kong in the past two months Most enquiries are coming from professionals or expats interested in top-end $3m to $30m properties Australia was the top…

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Deadria Garrett Educates the Community on Financial Literacy

On Saturday, October 19th, Milwaukee’s own Deadria Garrett of iCare Credit Restoration, LLC held her very first Finance My 2020 Workshop. This workshop was a free educational event with the ultimate goal of spreading financial information amongst the city. As a credit consultant, offering free consultations for anyone who needs it, she decided to take things to the next level. She has been in the financial industry for 3 plus years, running her own business for the past 2. She’s…

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Turkey should focus on e-export: Expert

ISTANBUL-Anadolu Agency Turkey should focus on increasing e-export, of which volume reached $1.5 trillion globally, according to a digital communications expert on Oct. 21. Turkish SMEs can take share from the Asia-Pacific region, which is the leader in the e-export market with $381 billion, by concentrating on digitalization, Nabat Garakhanova, the head of a consultancy firm MEZO Digital, said in a press release. Turkey’s SMEs’ digitalization rate is only 4% currently, she said. Reminding Turkey’s target of $10 billion e-commerce…

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EIB provides EUR 100m to boost climate action investments in Minas Gerais

The EU bank and Banco de Desenvolvimento de Minas Gerais will provide this financing for renewable energy and energy efficiency projects EIB funds will cover up 75% of climate investments Employment: 700 jobs are expected to be created during the implementation of the project The European Investment Bank (EIB) will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in this Brazilian state. Private companies and also municipalities will be able to benefit…

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Aeris Resources Ltd ahead of guidance as it reviews base metals and gold M&A opportunities

The producer mines copper at the Tritton Copper Operations in NSW which houses Tritton and Murrawombie underground mines.  Tritton’s tenement package extends over 2,160 square kilometres and features a 1.8 million tonnes a year processing plant. The Tritton mines produced 26,852 tonnes of copper last financial year at C1 costs of $2.78 (US$1.91) a pound.  The company produced 6,835 tonnes at C1 cash costs of A$2.06/pound in the September 2019 financial quarter, putting it ahead of 2019-20 guidance of 24,500…

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World Bank opens writing contest for sub-Saharan African youths on child marriage

The World Bank has announced the launch of this year’s Blog4Dev competition, an annual writing contest that engages the Sub-Saharan African Youth to share their views on critical issues that affect the region’s economic development. It also gives them the platform to suggest solutions about development topics that are important to them.  The contest was launched in 2014 by the World Bank Kenya office but it became a regional competition in 2018. Eligible contestants are Sub-Saharan youths between the ages…

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