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New Zealand’s capital requirements are meant to ensure banks survive a 1-in-200-year event. The next Reserve Bank governor will need to weigh the costs of relaxing the rules.
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(AP Photo/Hassan Ammar) BEIRUT (AP) — The cost of reconstruction and recovery for Lebanon following the 14-month Israel-Hezbollah war is estimated at $11 billion, the World Bank said in a report on ...
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Is the US planning to leave the International Monetary Fund (IMF) and the World Bank? Speculation about Washington’s potential withdrawal from global financial institutions has grown, especially after ...