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    The Federal Government is ready to explore more ways of funding the upgrade of critical infrastructure in the country. President Muhammadu Buhari in connection with this expressed the willingness of the FG to mobilise additional capital from development finance institutions for the upgrade. A statement signed by the Senior Special Assistant to the President on ...
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    U.S. Treasury Secretary Steven Mnuchin   U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund’s $250 billion crisis lending fund as part of a deal to maintain overall IMF resources. Reuters reports that, Mnuchin in a statement to the IMF’s steering committee, said ...
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    Deputy-level U.S.-China trade talks are scheduled to start in Washington on Thursday, the U.S. Trade Representative’s office said, paving the way for high-level talks in October aimed at resolving a bitter, 14-month trade war. A USTR spokesman did not offer any further details about the deputy-level talks. Earlier on Monday, U.S. Chamber of Commerce Chief ...
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    A month after President Donald Trump said he would allow U.S. companies to resume selling to blacklisted Chinese telecommunications giant Huawei, his administration has done little to clarify what sales will be permitted. The lack of clarity on what U.S. firms can supply to the world’s top producer of telecommunications equipment as long as it’s ...
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    President Donald Trump agreed at a meeting with the heads of top technology companies like Google on Monday to make “timely” decisions on requests by U.S. companies to sell to blacklisted Huawei Technologies Co Ltd, the White House said. But even as the CEOs of the companies “requested timely licensing decisions from the Department of ...
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    New WB President, David Malpass Nearly 40 world leaders and scores of finance officials, including International Monetary Fund Managing Director Christine Lagarde, are gathered in Beijing for China’s second Belt and Road infrastructure summit, but the World Bank’s new president isn’t among them. David Malpass, fresh from a senior Trump administration post at the U.S. ...