US to Offer Loans to Attract Developing Countries to Avoid Chinese Telecommunications Equipment

WASHINGTON: US government tries to persuade developing countries countries stop using Chinese telecommunication equipment, offer financial aid to use alternatives that Washington deems safer. The United States is prepared to offer loans and other financing, potentially worth several billion dollars in total, to countries to purchase computer hardware from suppliers …

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4 top tips for making money on eBay

If you want selling things online, you can choose from many niche markets. There’s Etsy for arts and crafts, Poshmark for clothing, and Swappa for cellphones and other electronics. But eBay, with 171 million active buyers worldwide, is a giant. A women’s handbag sells on the site every six seconds, …

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Cost of bank lending hits all-time low

Capital markets Cost of bank lending hits all-time low Tuesday 25 August 2020 Central Bank of Kenya (CBK). PHOTO FILE | NMG By PATRICK ALUSHULAMore from this author Summary Banks cut cost of credit to all-time low and curtailed appetite to extend credit to high-risk borrowers in the wake of …

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Direct lenders ready for windfall as US economy cools

Through David Brooke, Aaron Weinman, LPC NEW YORK, Nov. 14 (LPC) – Private credit funds with deep pockets, capital flexibility and sticky investments are positioning themselves for the return windfall that could follow if a downturn in the US economy were to further reduce liquidity banking and investor appetite for …

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Banks reach out to help clients with mortgages, loans

NEW YORK – Seen as bad guys during the 2008 financial crisis, banks of all sizes are trying to help Americans reeling from the economic crisis caused by the coronavirus outbreak. Banks are struggling to implement loan cancellation and relief programs, trying to keep their customers from panicking or falling …

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