The banking sector of Qatar will be less impacted by the adverse effects of COVID-19 outbreak, compared to banking sector in other neighbouring economies.
A soaring property market combined with a federal government looking to wind back safe lending laws is set to spell a “recipe for disaster”, according to industry experts.
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Existing investors Coatue, DST Global, Ribbit Capital, Tiger Global and Sequoia Capital are also expected to take part in this deal. TechCrunch
was the first to report the funding news.
The latest round will more than double the company’s valuation in less than four months amid increased demand among investors for a piece of India’s growth-stage fintech startups.
An email sent to Falcon Edge didn’t elicit a response while Cred didn’t comment on ET’s query.
The startup, founded in late 2018, had raised its Series A round in August 2019 at a valuation of $450 million. Its seed round of $30 million was one of the largest seen in India’s startup ecosystem.
SunStar
+ March 14, 2021 PHILIPPINE senator and actor Bong Revilla’s admission that he shivered during his kissing scene with Sanya Lopez in the taping of upcoming teleserye “Agimat Ng Agila” was insensitive.
I expected the senator/actor to discuss how to stop the speed of the transmission of the virus, and how to improve our economy amid the country’s indebtedness.
The Philippines’ total indebtedness has amounted to P641 billion payable until 2049. Four Presidents will face the consequence of such huge debt. We pray that there will be no more pandemics to come.
Finance Secretary Carlos Dominguez revealed this during the First Manila Forum for China-Philippines Relations held early this month. He likewise disclosed that our country borrowed for vaccine procurement P62.5 billion from multilateral financing institutions including the Asian Development Bank, the China-led Asian Infrastructure Investment Bank and The World Bank.
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BRASILIA (Reuters) - Brazil’s record public debt pile rose further above 5 trillion reais in January, while rock-bottom interest rates continued to anchor the cost of servicing it near all-time lows, data showed on Wednesday.
FILE PHOTO: 200 reais note are seen after Brazil s Central Bank issues the new note in Brasilia, Brazil September 2, 2020. REUTERS/Adriano Machado
Total federal debt rose 1% in January to 5.06 trillion reais ($932 billion), while the total domestic debt stock rose 1.2% to 4.82 trillion reais, Treasury said.
It said its liquidity cushion, essentially an emergency cash buffer, fell 8.6% in nominal terms from the previous month to 805.7 billion reais.