Business

Financial crime watchdog adds South Africa, Nigeria to ‘grey list’

International financial crime watchdog the Financial Action Task Force (FATF) said on Friday it was adding South Africa and Nigeria to its so-called “grey list” of countries under special scrutiny to implement standards to prevent money laundering and terrorism financing. The FATF is an inter-governmental organisation that underpins the fight …

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UK inflation eases slightly

Price growth nevertheless remains close to a 40-year high, official data shows British inflation fell by more than expected last month, to 10.1% annually, which is the lowest reading since September, the Office for National Statistics (ONS) reported on Wednesday. Data showed that the decline in the consumer price index …

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PM says his government has “clear-cut” solutions to the financial crisis

Iraq’s Prime Minister Mohammad Shia al-Sudani on Tuesday said that his government’s program includes “clear-cut and serious” solutions for the currency crisis in the country. Al-Sudani’s remarks came during a meeting with the head of al-Wataniya Coalition, Ayad Allawi, in Baghdad earlier today. According to a readout by his bureau, …

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