Portland school finance panel rejects most budget cuts

Portland school finance panel rejects most budget cuts

Portland’s island schools were taken off the chopping block Friday night, with the school board finance committee rejecting the idea of closing the two elementary schools as a way to lower the tax impact of the school budget. Cheers broke out amid island residents, some holding signs, as the committee members tabled the idea. “I […]

Brown talks guns, health, finance

Brown talks guns, health, finance

Former WSU chancellor says Congress has failed to act on multiple fronts In a congressional race that has gained national attention, Democratic candidate Lisa Brown has tried to separate herself from her opponent by highlighting efforts to connect with local voters. Brown, who was WSU Spokane’s chancellor before entering the race, spoke mostly on gun […]

The Finance 202: 'We're jittery right now.' Amazon sell-off reflects market's sensitivity to Trump headlines

The Finance 202: 'We're jittery right now.' Amazon sell-off reflects market's sensitivity to Trump headlines

THE TICKER Amazon’s chief Jeff Bezos, left, and other tech executives meet with then-President-elect Trump at Trump Tower in December 2016. (AFP / Timothy Clary) In case anybody needed a clearer message that Wall Street is newly keyed in to risks out of Washington, President Trump’s private fuming over Amazon just torched more than $31 billion of the […]

Morocco GDP growth to top 3.2 pct in 2018 – Finance Minister

Morocco GDP growth to top 3.2 pct in 2018 – Finance Minister

LONDON, March 27 (Reuters) – Morocco’s economy will grow by more than 3.2 percent this year, the country’s finance minister said on Tuesday. “Economic growth has remained satisfactory,” Finance Minister Mohammed Boussaid told an investment conference in London. In January, officials had predicted Morocco’s economic growth would slow to 2.8 percent in 2018, down from […]

Belarusian Ministry Of Finance Releases Cryptocurrency Accounting Framework

Belarusian Ministry Of Finance Releases Cryptocurrency Accounting Framework

Belarus has officially introduced cryptocurrency accounting standards, according to a March 6 document by the Ministry of Finance, local news outlet Jourtify reported yesterday, March 25. The document lays out the information needed about tokens for accounting purposes, as well as how to categorize tokens received by organizations (excluding the National Bank, Development Bank, non-financial […]

China's new finance minister pledges to push fiscal reforms

China's new finance minister pledges to push fiscal reforms

BEIJING (Reuters) – China’s new finance minister on Sunday vowed to push forward fiscal reforms to support the government’s goal of high-quality growth, with a focus on budget management and tax reforms. Chinese Finance Minister Liu Kun speaks at the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, […]

China should target US soybeans, says former finance minister

China should target US soybeans, says former finance minister

BEIJING (Reuters) – The response by China’s commerce ministry to the latest U.S trade measures is too weak, and should target U.S. soybeans, former Chinese finance minister Lou Jiwei said on Saturday. FILE PHOTO: Soybeans are seen in a field waiting to be harvested in Minooka, Illinois, September 24, 2014. REUTERS/Jim Young/File Photo The commerce […]

9 Malaysian Banks Team Up for Trade Finance Blockchain Apps

9 Malaysian Banks Team Up for Trade Finance Blockchain Apps

Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country’s central bank. In a speech at a banking event on Thursday, Jessica Chew Cheng Lian, deputy governor of Bank Negara Malaysia (BNM), took a positive tone, saying the country is embracing emerging financial technologies, including blockchain, to advance banking services. Lian said: […]

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