*As the Government of Indonesia takes lead on leveraging blended finance as a tool to advance development projects in the country, and private investors increase investment towards Indonesia’s long-term development plans, Indonesia is set to be a model for how blended finance can achieve sustainable and inclusive development in the region. * As the fourth…
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Fitch Ratings – New York – 16 Jul 2020: Fitch Ratings has upgraded Suriname’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘RD’. Fitch has also upgraded the issue rating on Suriname’s 2023 notes to ‘CC’ from ‘D’. KEY RATING DRIVERS The upgrades follow the completion of the “consent solicitation” to reschedule the principal…
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Yuka Obayashi A man works at the Tokyo Stock Exchange after market open in Tokyo, Japan, Oct. 2, 2020. REUTERS/Kim Kyung-Hoon/ TOKYO, Oct 11 (Reuters) – Japan’s Tokyo Stock Exchange (TSE) started trading carbon credits on Wednesday, as the world’s fifth-largest carbon dioxide (CO2) emitter put in place a key element of its strategy to…
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“Margin Call” is a very underappreciated movie IMO. The movie is starred by Stanley Tucci and Kevin Spacey. There are a lot of parallels between this movie and what happened last Friday with the unwinding of Archegos Capital Management’s positions by Goldman Sachs and others. No idea why I started thinking about it on Friday…
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Ken Silverstein Mr. October is on deck. Marciano Dasai, Suriname’s minister of spatial planning and environment, spoke at Climate Week in New York and is pitching 4.8 million carbon offsets to the real heavy hitters — the rich nations responsible for most of the globe’s CO2 emissions. It’s the World Series of carbon finance — a potential…
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In Suriname & the Americas eyesonsuriname Amsterdam, May 8th 2023–President Biden and his administration has done little to counter China’s expanding economic footprint in Suriname and South America. Given the region’s crucial role in the fight against climate change, the US can no longer afford to take its southern neighbors for granted. Amsterdam, May 8th…
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Gold Provisional Measure eyesonbrasil Amsterdam, 26 april 2023– Brasilia has finalized what has become known as the Gold Provisional Measure (MP) ending good faith and requiring electronic invoices for buying, selling, and transporting gold in the country, Brazilian media reported. The document has already been signed by Justice Minister Flávio Dino and will also be signed…
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Fighting against the tide eyesonbrasil Amsterdam, 18 april 2023 –Police in all of Latin America have seized cocaine and other drugs worth $5bn (£4bn) in an operation lasting three weeks and spanning 15 countries. They also seized more than 8,000 illicit firearms and carried out almost 15,000 arrests. Police forces from Mexico in the north to…
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CRUCIAL ROLE OF CENTRAL BANK eyesonbrasil Amsterdam, April 12, 2023– The Brazilian government and the Central Bank have facilitated the growth of FinTech by implementing new supporting laws and policies. FinTech is the use of technology for financial services and products in any financial field. In practice, this means that companies will provide their financial…
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New Measures expected eyesonbrasil Amsterdam, 26 March 2023– Brazilian President Luiz Inacio Lula da Silva criticized on Tuesday the country’s central bank, saying that an interest rate of 13.75% – its current level – is “irresponsible,” adding he will continue to fight the current level to stimulate the economy. Brazil’s central bank has been holding…
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