Zxcoachoutlet

PARIS, Oct 9 (Reuters) – A consensus is emerging among G20 nations to extend a debt-payment freeze next week for poor countries for an additional six months, a French finance ministry source said on Friday.

Members of the Group of 20 economic powers and the Paris Club of creditor nations agreed in April to suspend until the end of the year debt payments owed to them by poor countries to free up resources for tackling the coronavirus outbreak.

G20 finance ministers are due to take a decision on what to do after the end of the year when they hold an online meeting next Wednesday, the source said.

“The number we think we will land on is six months, which seems reasonable as that will give time to evaluate the impact of the crisis on debt sustainability,” the source said.

After six months, the debt servicing freeze could be extended

Paraguay Finance Minister Lopez to Step Down, Take IDB Job: Gov’t Source | World News

October 8, 2020

ASUNCION (Reuters) – Paraguay’s Finance Minister Benigno López will step down from his ministry position in the next few days to take a senior role at the Inter-American Development Bank (IDB), a government source told Reuters on Thursday.

The regional lender has picked Lopez as vice president for sectors and knowledge, according to a note seen by Reuters, which would involve a three-year term starting in mid-October.

The government source said López would be formally appointed to the IDB role in the coming days. The most likely replacement is former minister Ernst Bergen, the current Paraguayan head of the bi-national Itaipú hydroelectric dam.

López is the half-brother of Paraguayan President Mario Abdo and one of the government’s main advisers. Before being Minister of Finance, he was head of the pension authority and director of the central bank, where he worked for more than two decades.

An IDB spokesman said that

Paraguay finance minister Lopez to step down, take IDB job: gov’t source

October 8, 2020

By Daniela Desantis

a person sitting in front of a computer: FILE PHOTO: Paraguay's Finance Minister Benigno Lopez Benitez talks to Reuters, in Asuncion

© Reuters/JORGE ADORNO
FILE PHOTO: Paraguay’s Finance Minister Benigno Lopez Benitez talks to Reuters, in Asuncion

ASUNCION (Reuters) – Paraguay’s Finance Minister Benigno López will step down from his ministry position in the next few days to take a senior role at the Inter-American Development Bank (IDB), a government source told Reuters on Thursday.

Load Error

The regional lender has picked Lopez as vice president for sectors and knowledge, according to a note seen by Reuters, which would involve a three-year term starting in mid-October.

The government source said López would be formally appointed to the IDB role in the coming days. The most likely replacement is former minister Ernst Bergen, the current Paraguayan head of the bi-national Itaipú hydroelectric dam.

López is the half-brother of Paraguayan President Mario Abdo and one of the government’s main advisers. Before being Minister of Finance, he was head of the

Christ Central seeks to be source of personal growth in Aiken community | Sunday Best

October 4, 2020

| personal

Gussie Toney, a constant volunteer for the religious nonprofit organization Christ Central, opened the front door to the organization’s Aiken office Tuesday morning and promised life-altering changes will be made for anyone who walks through it.

“They do not leave this building without getting what they need,” Toney said as she and over 10 other volunteers readied food boxes that will to be given out to nearly 100 families during a two-day period.

The food distribution project is just one of the many abundant services the organization offers daily, and just one way it builds up the people it helps.

Christ Central, an organization with both Aiken and Graniteville locations, has a simple but effective way to help those in need throughout the Aiken community.

“We meet people where they are, but not leave them where they are,” sums up Judy Floyd, director of Christ Central.

With the help of

Spain’s Unicaja, Liberbank in informal talks about tie-up – source

October 3, 2020

MADRID (Reuters) – Spain’s Unicaja UNI.MC and Liberbank LBK.MC are holding informal talks about a potential tie-up to create the country’s fifth-biggest lender with over 100 billion euros ($117.13 billion) in total assets, a source with knowledge of the matter said.

“Informal talks between the two lenders are taking place,” the source said, adding that it was too early to say if that would lead to formal negotiations.

Both Liberbank and Unicaja declined to comment on the talks.

A source with knowledge of the matter said that Unicaja has not hired any investment bank to look into this potential deal and that no due diligence process was underway.

Both lenders have said in the past they are open to consolidation.

Earlier on Saturday, Bloomberg reported that Unicaja Banco was closer to a long-mooted takeover of Liberbank.

Last month’s all-share deal between Caixabank CABK.MC and Bankia BKIA.MC to create Spain’s biggest

Spain’s Unicaja, Liberbank in informal talks about tie-up: source

October 3, 2020

MADRID (Reuters) – Spain’s Unicaja and Liberbank are holding informal talks about a potential tie-up to create the country’s fifth-biggest lender with over 100 billion euros ($117.13 billion) in total assets, a source with knowledge of the matter said.

FILE PHOTO: The logo of Unicaja bank is seen on the facade of a Unicaja bank branch in downtown Ronda, near Malaga January 29, 2014. REUTERS/Jon Nazca/File Photo

“Informal talks between the two lenders are taking place,” the source said, adding that it was too early to say if that would lead to formal negotiations.

Both Liberbank and Unicaja declined to comment on the talks.

A source with knowledge of the matter said that Unicaja has not hired any investment bank to look into this potential deal and that no due diligence process was underway.

Both lenders have said in the past they are open to consolidation.

Earlier on Saturday, Bloomberg

PSEG Submits Application for Zero Emission Certificates to Continue to Preserve New Jersey’s Largest Source of Carbon-Free Electricity

October 1, 2020

Nuclear Energy is Critical to New Jersey’s Energy Master Plan and Long-Term Clean Energy Goals

NEWARK, N.J., Oct. 1, 2020 /PRNewswire/ — PSEG today filed applications to extend Zero Emission Certificates (ZECs) for the Salem and Hope Creek nuclear power plants in Salem County in order to preserve New Jersey’s largest carbon-free source of electricity and help New Jersey achieve its clean energy goals.

Public Service Enterprise Group (PSEG) is a publicly traded diversified energy company. Its operating subsidiaries are: PSEG Power, Public Service Electric and Gas Company (PSE&G) and PSEG Long Island.

Thanks to PSEG’s nuclear plants, nearly 40% of New Jersey’s energy supply is already carbon-free. Nuclear energy delivers more than 90% of all of the state’s carbon-free energy and is essential to New Jersey’s ability to successfully achieve its goal of a 100% carbon-free energy supply by 2050, as outlined in the state’s Energy Master Plan

Open Source Finance to Expand Open Banking’s Mission

October 1, 2020

By Michael Anderson, Co-Founder of Framework Ventures

In the aftermath of the Great Financial Crisis (GFC), regulators tightened their belts around the types of financial instruments and industry best practices considered acceptable for banks. One of the causes of the crash was that legacy banks controlled most of the lending industry and consolidated a lot of its consumers’ financial data behind closed doors. Regulators’ response in England was to pass the Payment Services Directive (PSD2), which enabled outside financial technology (fintech) companies to create secure solutions for banks to safely share financial data with consumer consent. PSD2 emphasized open source solutions, which grant public access to the underlying technology. This development has come to be called “open banking.”

At its core, open banking uses open source APIs to securely connect consumers’ financial data across multiple services on the backend in order to display an integrated picture of consumers’ financial health

Italy ramps up pressure on Atlantia to reach motorway unit deal: source

September 27, 2020