The IMF’s executive board has opted to retain Kristalina Georgieva as the institution’s managing director and said it had “full confidence” in her ability to carry out her responsibilities, despite allegations she pressured World Bank staff when she was its chief executive to manipulate data to China’s benefit. The announcement followed marathon meetings of the
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Municipal advisors considering disclosure of conflicts of interest would do well to tread carefully, particularly given recent enforcement activity by the Securities and Exchange Commission. That was a key takeaway from an expert panel at the 2021 Compliance Outreach Program for Municipal Advisors sponsored jointly by the SEC, Municipal Securities Rulemaking Board and the Financial
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Travelers will be able to purchase airline tickets in Venezuela using cryptocurrencies in the near future. According to statements made by Freddy Borges, Director of the Maiquetía International Airport, the institution would be working to include cryptocurrencies such as dash, bitcoin, and the national petro as supported currencies in the airport’s payment system. Airport to
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The Cambridge Dictionary defines a museum as “a building where objects of historical, scientific or artistic interest are kept.” While Santa Fe’s Museum Hill may not be an individual building, the streets and structures that make up this cultural hub are certainly a display of rich and expressive history. Located in Eastside, Santa Fe’s original
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Pension cuts and spending measures remain an obstacle to restructuring Puerto Rico’s debt, with the president of the Puerto Rico House of Representatives asking the Oversight Board to provide written commitment to support no pension cuts and a slew of spending measures before he would sign off on a bond restructuring. “Until some accommodation can
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Municipal advisors’ most common examination deficiencies are maintaining books and records, travel and entertainment expenses, and service contracts, officials from the Securities and Exchange Commission said in a virtual conference on Thursday. Karla Serna, a senior staff accountant at the SEC’s Chicago regional office said that one of the largest problems municipal advisors face in
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Austrian chancellor Sebastian Kurz has resigned, just days after he was named as a suspect in an investigation by state prosecutors into grand corruption at the heart of the Austrian government. In a brief statement on Saturday evening at the Ballhausplatz — the seat of the chancellery in Vienna — Kurz said it had been
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