35 Burst results for "Finance Minister"
Dutch government unveils budget overshadowed by virus
"Plans to invest in protecting jobs and businesses during the Corona virus crisis, but is warning As it laid out. It's spending plans for the coming year that the Netherlands must brace for the harsh economic impact of the pandemic. The finance minister, calling it the greatest economic contractions since World War two.
Canada's finance minister quits amid charity scandal and tensions with Trudeau
"The Canadian government correspondent Bill Zimpfer tells US more. Canada's finance minister is stepping down after confirming that he did not repay travel costs that were paid for him by a charity group. Minister Bill Morneau had said he only recently realized he had not repaid the $40,000 tab and his sense written. The Czech Prime minister Justin Trudeau, is also under scrutiny for his involvement with the same charity Cliff. The mailman from Cheers is
Canada Finance Minister Quits Post Amid Charity Scandal
"Look at a chapter of political tunnels. Now here in Canada where yesterday the country's finance. Minister Bill More No. Long one of the prime minister's closest political allies resigned it follows lingering ethics scandal that has surrounded Trudeau's government for some time by this stage well, today a little earlier prime to treat. That Christie Freeland Canada's deputy prime minister would replace bill more now at the finance ministry becoming the first woman to hold that post Donyell. The murmurings around bill more knows future had been simmering hearing the Canadian Press for several days. By the time, his resignation announcement came last night. What's your reaction to? What is yet another high profile resignation from Shudo's cabinets in the five years of says since he took office. Yeah, quite a quite another big controversy four Trudeau in the middle of summer I think you know off the bat whatever reason the liberals are given. Four giving for more knows exit here is a messy one that. It was said that he wouldn't be seeking election. Again, we'll be looking for other opportunities. We know that he'll be looking to helm the AC, which is a great post for him perhaps in a good career move. But at the end of the day, this comes down to. Another sticky situation for the prime minister that really threatens to derail the progress that they've made in. The coronavirus crisis namely their popularity with Canadians. But once again, another distraction for the prime, which raises questions about the ship he sailing and him as the captain let's say. This begs the question of whether Mr Trudeau is simply impossible to work with. Now this is just another controversy that comes only a week Tomasz after we spoke about the last controversy involving. The Governor General Julie Pie itch and the toxic workplace she's been accused of creating butts. The liberals the government to appoint a successor in Canada's first governor of the Bank of Canada and Christina Freelance who held the interesting post of Deputy Prime Minister and not a lot of Canadians were used to to that role before Justin Trudeau but she is his most senior cabinet minister and and now most trusted ally. But that group of People Tomasz as you know is is getting shorter as the months go on. It's seeming time and again, like Trudeau is is just a very tough guy to work with and when he doesn't get his way, well, you get run out of town we should also point out that. Bill, more know. Perhaps. Put. His foot in it and didn't help the situation on on the fact that he wasn't agreeing with the prime minister but we can set that aside they didn't handle that well but also a big controversy besides this is this we charity, of course where. He and his family and the Finance Minister and Bill Maher. Now both have personal and family ties to this charity and should have recused themselves. I don't think that. The, the picture, four Canadians by I think that picture. is becoming more and more for. Canadians. Like. An elite privilege class squabbling over not being able to work together and I think that really does not play well, obviously trudeau lost. His majority after the last election and who knows where it's it's going from here because it doesn't seem like he's going to be able to keep some of his top ministers around for very long?
Canada Finance Minister Quits Post Amid Charity Scandal
"The Canadian government. Canada's finance minister is stepping down after confirming that he did not repaid travel costs that were paid. For him by a charity group. The minister Bill Morneau, had said he only recently realized he had not repaid the $40,000 tab and has since written the Czech Prime minister, Justin Trudeau is also under scrutiny for his involvement with the same charity. That's course wanted builds
Canada's finance minister steps down amid pandemic
"Canada's Finance Minister Bill Morneau has announced his resignation following reports of political tension with the prime minister Justin Trudeau. Canadian media say the two men have been a dogs over how to handle the country's economic recovery. After the covert pandemic. Mr Moore knows, said it was time for someone else to take over his job. As we move to the next phase of our fight against the pandemic and pave the road towards economic recovery, we must recognize that this process will take many years. The right time for a new finance minister to deliver on that plan for the long and challenging road ahead. That's why I'll be stepping down as finance minister and his member of Parliament for Toronto center, Mr Morneau and the prime minister have been embroiled in an investigation into a student charity volunteer program in which members of their families received fees.
"finance minister" Discussed on Front Burner
"Minister. <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Music_Male> Cursing. <Speech_Male> Now, what this <Speech_Male> means for <Speech_Male> in for the Liberal Party, <Speech_Male> I mean losing a <Speech_Male> Finance Minister <Speech_Male> Vis Finance Minister <Speech_Male> in the middle <Speech_Male> of the biggest economic <Speech_Male> crisis in <Speech_Male> in my lifetime at least <Speech_Male> what kind <Speech_Male> of message <Speech_Female> does that send. <SpeakerChange> <Speech_Music_Female> <Speech_Female> It there's a couple <Speech_Female> ways to look at <Speech_Female> it. First of all, I think from <Speech_Female> the perspective of <Speech_Female> of bill more <Speech_Female> no being part <Speech_Female> of the we charity <Speech_Female> controversy and kind <Speech_Female> of moving <Speech_Female> on <Speech_Female> from that or tried <Speech_Female> to move on <Speech_Female> from it and turn the page. <Speech_Female> This might <Speech_Female> in fact, <Speech_Female> help the <Speech_Female> government do that <Speech_Female> This has been <Speech_Female> Gomorrah Maher knows actions <Speech_Female> throughout this has been <Speech_Female> a focus of <Speech_Female> the opposition <Speech_Female> parties. They're <Speech_Female> the ones who initially <Speech_Female> right off the bat <Speech_Female> started calling <Speech_Female> for <Speech_Female> the minister to resign, <Speech_Female> and so in a way <Speech_Female> like does this take away <Speech_Female> a bit of the <Speech_Female> oxygen from that <Speech_Female> some of the fuel <Speech_Female> for the criticism of <Speech_Female> the prime minister around that <Speech_Female> probably <Speech_Female> it does <Speech_Female> Hand, <Speech_Female> you <Speech_Female> know as you sort of really <Speech_Female> excellently <Speech_Female> laid out. <Speech_Female> This is also the biggest <Speech_Female> financial crisis <Speech_Female> slash response <Speech_Female> slash recovery <Speech_Female> in my lifetime <Speech_Female> for <Speech_Female> a finance minister <Speech_Female> to leave <Speech_Female> in the <Speech_Female> middle of all of that. <Speech_Female> Certainly <Speech_Female> presents I think <Speech_Female> maybe a challenge <Speech_Female> and <Speech_Female> possibly an opportunity <Speech_Female> for the government, <Speech_Female> right? <Speech_Female> and think in so <Speech_Female> far as there's a challenge, <Speech_Female> look e- <Speech_Female> kind of upheaval in <Speech_Female> the middle of all this <Speech_Female> or uncertainty <Speech_Female> is <Speech_Female> <hes> maybe <Speech_Female> not the best thing for all <Speech_Female> parties involved <Speech_Female> at the same <Speech_Female> time. If in fact, the <Speech_Female> government is <Speech_Female> as a sort <Speech_Female> of we have been. <Speech_Female> Hearing in Ottawa planning <Speech_Female> to reset <Speech_Female> in the fall <Speech_Female> and <Speech_Female> maybe do a throne <Speech_Female> speech or <Speech_Female> maybe Perot <Speech_Female> for a bit or some <Speech_Female> some sort of thing <Speech_Female> something that signifies <Speech_Female> a bit of a shift. <Speech_Female> This is <Speech_Female> one way to <Speech_Female> help amplify <Speech_Female> that <Speech_Female> <hes> that <Speech_Female> impression right <Speech_Female> and so <Speech_Female> if the next phase <Speech_Female> of this is the <Speech_Female> recovery and <Speech_Female> this leads <Speech_Female> them to an eventual <Speech_Female> election may <Speech_Female> be early next <Speech_Female> year then <Speech_Female> maybe you want to. Get <Speech_Female> this kind of stuff <Speech_Female> the way <Speech_Female> so you can put <Speech_Female> yourself on <Speech_Female> better footing <Speech_Female> going into <Speech_Female> that period <Speech_Female> I can't predict <Speech_Female> how how, <Speech_Female> which of these scenarios <Speech_Female> kind of plays <Speech_Female> out because <Speech_Female> I? Think it depends on who <Speech_Female> they pick next and <Speech_Female> what they do with the file <Speech_Female> and what that recovery. <Speech_Female> If <Speech_Female> hopefully there is one <Speech_Female> ends up looking <Speech_Female> like, but <Speech_Female> but I do think there <Speech_Female> there are challenges <Speech_Female> and opportunities <SpeakerChange> <Speech_Male> within at all. <Speech_Male> Vastly, thank <Speech_Male> you so much for speaking with <Speech_Male> me and I <Speech_Male> will be speaking to you <Speech_Male> soon on. Monday <Speech_Male> show about <Speech_Male> <Advertisement> the <SpeakerChange> new leader <Speech_Female> <Advertisement> of the Conservative <Speech_Female> <Advertisement> Party. <Speech_Female> <Advertisement> Can't get rid of me <Speech_Female> <Advertisement> looking forward to.
Lebanon's entire government resigns amid anger over Beirut explosion
"A week after a massive explosion to. All parts of the Lebanese city of Beirut. Apart, the entire government has resigned the massive blast was caused whenever two thousand tons of ammonium nitrate which had been stored unsafely at the port for six years exploded killing over two hundred people injuring more than six thousand and leaving hundreds of thousands homeless over the weekend residents of Beirut demonstrated against the government calling for the removal of the entire political class due to their negligence and corruption. Joining us once again from Beirut is Layla Milana Allen Leyla when we spoke to you yesterday, five politicians had resigned so far. Tell us about the announcement made last night by the prime minister. So what we saw yesterday and the evening before session, all government ministers resigning. We also saw several NPR's goes well, Megyn went from protesters. Here we go one by one this many left to go. and. Then there was the resignation of the finance minister as he wasn't he just before that meeting that was supposed to in the afternoon that cabinet meeting in which prime minister the APP had said that he was going to a table a motion. To try and have the elections is at the State Petunia. So. How's it wasn't said that he would suspend his his resignation until off the meeting they went in and they spent two thousand not room. Getting. Rumors from quite early on in fact, the entire government was going to resign because there were two ways that this could happen. Either has MD could resign himself or if more than a third of his ministers resigned, that would make his cabinet untenable already looking at five. So essentially, just two more and they were already two minutes to said before they went through, they would resign if the government didn't as Walter a couple of hours they came out and those announcement saying that he would speak in the evening. And when he did speak, he came forward and he said. That they had tried their best to be transparent tried to Rama transparent government. She's January failed to impose some of the reforms that Lebanon. So desperately needed but endemic corruption in the government had made it impossible to do so had caused this tragedy. Now, of course, many people don't feel that's the case they feel that the government was not run transparently at all. Or none of the reforms that has promised January. Would be done in six months word done within six months, and of course we now know. That both the president and the prime. minister. WED Two thousand, seven, hundred and fifty tons of money not great was in the Port as worse excessive government none of them do anything about it. So the government's gone but is going to be a change in the system will the same sectarian politics driving the unrest still exist? Not at the moment now, sectarian politics is really driving some rest. There are a few elements here. Firstly, the the problem with the government system is not that it's impossible to run because the country says sectarian, it's the it's impossible to have a government which allows the country to not be sectarian young people on the streets is saying that's not what they want. They want to country that will come together and work together where people are elected based on their merit not based on what sector they come from but because the political system is original on these lines where each sect gets a certain number of seats innocent area firstly, it's impossible to have that kind of government that is responsible for the entire country doesn't have. Interest in certain places, and secondly, it means only a certain kind of person can be elected because there is such entrenched nepotism in politics and you need the money and connections to be able to run and succeed. So right now, what's going to happen is that as we saw late last year when Prime Minister I've had resigned, the current government will stay on in a Catholic capacity. There's not much they can do in that capacity they will meet rally and they will only be able to put in bills or emergency bills to keep the country going, of course, Lebanon ready needed proper legislation to come in and change things before this explosion now, really function of government. To get things moving the country who built and help people that's not going to happen under a caretaker government but the system is so complex in terms of trying to elect a new prime minister different block in Palm. As I say, these different sectarian blocks have to agree on the candidates and then he has to find a cabinet that pleases all of this -Tarian blocks each of whom will want their own cows come in that. Again, what we're going to see in the coming weeks is this political game. All aimed at making the right formation balance of people in power rob. Then a government trudy is just focused on what is best for the Lebanese people purchase street saying this is the same old system. Nothing's going to change a new election won't help us. Cabinet won't help us. We need a complete overhaul of its system which has dragging us down and letting the country move forward.
Germany to revamp financial oversight after Wirecard scandal
"Correspondent Jeremy House Germany's finance minister says he wants to revamp the oversight system for the country's financial industry in the wake of an accounting scandal of payment systems provider wire card. The Munich based company filed for bankruptcy recently after otters could not find the counts in the Philippines that were supposed to contain 1.9 billion euros. The company's former CEO arrested and released on bail, while its former chief operating officer is on the run. Finance offices that wants to empower the country's financial
France calls US withdrawal from tech tax talks "provocation"
"Pentagon European countries are slamming the trump administration's withdrawal from negotiations on a major digital service tax on his finance minister has called it a provocation and has vowed to carry on with implementing the proposed tax designed to prevent tax avoidance measures by multinationals the publication that Prunella Matt was referring to was a letter from US treasury secretary Steven Mnuchin in which he told the finance ministers of France Spain Italy and the United Kingdom that he was suspending talks on the tax the countries have been discussing an international agreement on the way global taxes work but the US has said this particular tax unfairly singles out companies like Amazon and
Lufthansa and German government agree on $9.8 billion rescue package
"Germany is offering Lufthansa and nine point eight billion dollar bailout we get more from Bloomberg's mark mills the package involves an initial twenty percent government stake in Lufthansa the could rise in the event of a takeover the plan which requires European Union approval and will almost certainly be challenged by rival airline such as Ryanair give Germany an effective veto over company strategy German finance minister Olaf Scholz says the company's investment would be temporary and he stressed that the timing of the next it would depend on the pace of Lufthansa's economic
Coronavirus: Chancellor Rishi Sunak warns of 'significant recession'
"Britain's economy shrunk nearly six percent in March according to official numbers that point to an even bigger fall to calm way facing severe impact from the corona virus it is now yes very likely the the UK economy will face a significant recession this year and we are in the middle of that as we speak British finance minister rishi Sunak says Britain's economy shrank about two percent in the first quarter which includes only one week of coronavirus
"finance minister" Discussed on 860AM The Answer
"States but sure ventilation as Israel continues to battle the spread of the coronavirus the latest from the media lines Lawrence reckoned by shopping mall in the southern Israeli resort city of Eilat has come up with a novel idea to bring its revenues out of the novel coronavirus tailspin the so called ice small featuring a full size skating rink where in the summer it's usually no less than one hundred and ten degrees in the shade outside is offering free airline tickets for customers who fly in from Tel Aviv and drop a thousand shekels that's about two hundred and eighty five dollars a lot is the only place in Israel where the country's seventeen percent value added tax has been waived usually meaning that vacationers go home with luggage that a lot heavier the problem for the mall no vacationers the hotels are all closed I'm Lawrence Rifkin town hall news Jerusalem news and analysis at the media mind out Oregon town hall dot com it's something Saudi Arabia is not accustomed to belt tightening the oil rich kingdom has triple taxes on basic goods raising them to fifteen percent it's also now spending cuts of roughly twenty six billion dollars as it grapples with blows from the corona virus pandemic and super low crude prices the country's finance minister says that Saudi citizens will also lose a bonus cost of living allowance as part of the belt tightening measures H. Thomason reporting jihadists attacking three villages in western this year merits border with Mali killing at least twenty people the government staged the attack Saturday shooting at residents robbing shops and taking food.
Euro countries agree half trillion euros in support
"Marius Centeno who heads the finance minister's groups from Europe countries was proud of the agreements this is doctor Lee and president we never have reacted so quickly to a crisis has designed the deal agreed by all nineteen finance ministers did not however include more far reaching cooperation in the fullest said barring guaranteed by all member countries this issue was left open despite it being a key demand from its the Spain France and six other countries the idea however was rejected by Germany Austria and the Netherlands Centeno however remained optimistic that they have learned from past mistakes we can all remember their response to the financial crisis of the last decade when Nero the a little too late this time around is different I'm Karen Thomas
Eurozone countries strike emergency deal on coronavirus rescue
"A coronavirus emergency package for the European Union provisionally agreed late on Thursday has been hailed by the finance ministers who'd huddled over it having blocked Italian coals to issue corona bonds to shed debt love Schultz of Germany said the proposed deal showed Europe strengthen solidarity his Italian counterpart about two quantity Colton excellent results but said
Euro countries agree half trillion euros in support
"After two days of disagreement e finance ministers have reached a deal over a package of measures to support their economies which have been badly hit by the pandemic. The agreement comes after the Italian. Prime Minister Giuseppe County warned that the EU could fail as a project without decisive action. Mario's Tanno is chairman of the Euro Group of finance ministers. These response contains bold and ambitious proposals. That will that be unsinkable? Just a few weeks ago. We can't remember the response to the financial crisis of the last decade when Europe did too little too late. This time around is different so with five hundred billion euros in the package. Where will it go? Economics correspondent is under Walker. There are three safety. Nets Mr Santino. Called them that he has in mind. That need bolstering And they are for individuals people who become unemployed. They are for businesses that are struggling to get through the sudden loss of revenue that they have in there he had in particular in mind small and medium size enterprises and then finally there is an element in this prevent this package for individual EU member states. Money that will be used to lend to them to help them Pay specifically for all their direct and indirect healthcare costs associated with dealing with the new corroded arse corona bond idea. It didn't get a great as I think we we rather expected. This is an idea that under which euro-zone countries would borrow joint K. On the financial markets they would be jointly responsible for ensuring that the money was repaid. It was quite an attractive as there are clearly some countries that are to some countries because they some of them are in financial under financial stress. And they're going to Countries like Italy are going to have a particularly large healthcare and wider economic. But as a result of what's been happening in In terms of the virus but countries where had come and finances are already rather strong do have their own domestic political difficulties with an arrangement that would see them. Having to take joint responsibility for repaying debts partly raised to cover the finances of countries who are sometimes seen as managing their fantasies less effectively own. How does this? How does what has been agreed today? Compared to previous you rescue packages one. Pretty quick isn't it with the The hero on financial crisis. It took the M- I would say significantly longer this time I suppose that there's no element of blaming anybody for bringing this healthcare crisis upon the EU. It's an genuinely is an external shock with the euro zone crisis. There was some strong cases for saying that at least in some cases it reflected policy mistakes by euro-zone governments. So that's an important difference And I suppose there is also the fact that this is also directed not more widely if you like. It's not just about shoring. Up Government finances. It's also about providing specific assistance to individuals and businesses as well
Cardinal Pell welcomes court's dismissal of abuse conviction
"In his first public statement since he was convicted in December twenty eighteen bill says I've consistently maintain my innocence while suffering from a serious injustice he also said he holds no ill will towards his accuser a former choirboy whose testimony was at the core of the prosecution pope Francis former finance minister had been the most senior Catholic found guilty of sexually abusing children and spent thirteen months in prison before seven High Court judges unanimously dismissed his convictions I'm Charles collect as much
Australia court dismisses child sex charges for Vatican ex-treasurer
"A court in Australia has dismissed convictions against cardinal George Pell the most senior Catholic found guilty of child sex abuse tell her appeal that a panel of seven judges decided it is favor pope Francis former finance minister was convicted in twenty eighteen of sexually abusing two thirteen year old choir boys in the back room of St Patrick's cathedral in Melbourne wait while he was the city's arch bishop the father of one of the two choirboys says he's in utter disbelief that the convictions have been
G-7 foreign ministers spar over coronavirus pandemic name
"I'm Anthony Davis Foreign ministers from the Group of Seven leading. Industrialized democracies sparred yesterday over whether to call out China as the source of the Corona Virus. Pandemic meeting by video conference because of the outbreak ministers agreed on the need for joint efforts to halt the spread of the novel. Corona virus which causes a disease being called Kovic nineteen but US and European diplomats. Say the ministers were unable to agree on Secretary of State. Mike POMPEO's coal for the virus to be identified by name as the Wuhan Virus as a result just today off g seven finance ministers and central bankers issued a joint communique referring to the Kovic nineteen virus the foreign ministers opted against releasing a group statement. European officials said Pompeo had insisted on identifying the Kovic nineteen virus as the Wuhan virus even though the World Health Organization and others have cautioned against giving it to geographic name because of its global nature in recent weeks. Pompeo has stepped up his use of Wuhan virus accusing China of putting the world at risk by not revealing more details about the outbreak which was first reported in the city of Wuhan in December with the first confirmed use case on the nineteenth of
German lawmakers to vote on economic aid package
"Germany's parliament is approving an enormous package drawn up by the government to cushion the economic impact of the corona virus outbreak no only because a building on a series of measures that will allow the government to offer aid totaling more than one point one trillion dollars parliament's approval is needed to loosen legal limits on running up debt the government wanting to break with six years of balanced budgets to borrow what finance minister Olaf Scholz cools a gigantic sum to finance a wide range of packages and to call the unexpected shortfall in tax revenue Schultz who is Germany's vice chancellor presented the package in place of chancellor Angela Merkel who is in quarantine what is not tested negative for the coronavirus I'm Charles de Ledesma
German Chancellor Merkel in quarantine as recession looms
"Of me wanted Germany's chancellor Angela Merkel has tightened restrictions on movement that in order to contain the spread of coronavirus predicts big again and says this comes as Merkel herself is in quarantine at home for at least two weeks more than two individuals took not to be allowed to meet up in a group restaurant and hairdressers have to be closed minutes after the announcement America currently to self at home because she was in contact with a doctor who was tested positive in Billund Bergen on Bloomberg daybreak Europe now and according to the finance minister Olaf Scholz Germany may borrow as much as three hundred fifty billion euros to help stem the economic fallout of the pandemic the ministry reportedly estimates that Germany's economy will shrink by five percent
"finance minister" Discussed on African Tech Roundup
"The spice off think the the infrastructure play is is kind of a fundamental building block in in kinda this next generation that we keep talking about secons got competition. Absolutely. But you know, competitions. Good competition is good. And I think for us is you know, when we look at what is the next generation of the investments that we gonna make. I think you know, whilst we'll still obviously continue to invest in the, and that's the fundamental of the business in the mandates that that we have. I think you're going to see a lot more. Exposure in terms of the waters their infrastructure in able and how do we play a part in accelerating? The delivery of that I see I see sort of Luanda story going the way off what's happened in Marseilles in France with regards to the business potential that infrastructure like this continue to a city cannot familiar with a beautiful city, by the way got to visit and a recently. And definitely, you know, quite interesting to see how again as you say infrastructure makes a massive difference. So well done to young Gola would love to see what changes this is gonna Asha influenza for the region, but country certainly in the rest of us, nearby, Zambia central Bank has warned residents against trading cryptocurrencies in that country. Well, they joining a long list of countries on the continent that that have made some of the warnings Kenya. Of course, quite notably Nigeria, of course, you know, sciatica quite interestingly Swaziland actually renamed now. What they need more properly a believe have more favorable stances towards cryptocurrencies, which I think which I think is a good thing. If you guys will Reserve Bank governors or Reserve Bank deputies or even finance ministers with DVD's in pick any one of the larger countries on our continent. Some of the big economies, maybe feel Pia Nigeria South Africa. You know, what would you add it should be? What's the most constructive standpoint to have around this because they are very real risks? We know that the digital assets debase one will unpack in a future in a future series. You know, the notion of digital assets is now being made synonymous with crypto currency, which again is also synonymous with just a wide range of very problematic everything from very problematic to quite constructive in and Kevin all lumped into one thing. And of course, if you're if you're a regulator, you look at this, and you go if you as Ambi if you're as Ambien is central Bank official you go don't do it. But what would you guys do every time? I'm on the show. You ask about crypto every time. I say don't. Thank you. Because I think that's actually part of the answer. Is you know, what would I would look at fissile lemme caveat? This nothing is zero likelihood I'll ever be a finance minister anything. My vices. You know, we all must be is understand it. You know, people are scared of stuff that aren't get. And she'll always in kind of your shoes, you know, Uruguay. And is you know, people were saying to me you invested in bitcoin. I'm like a coin investing stuff at understand, and and that kind of a little bit like you don't have some lying around somewhere. So that was twelve months ago that was stolen Tsegaye when the process point have you joined a gang. You will have to if you invested lost year. Exactly, I think for me is is you know, almost take a step back from from the cryptos themselves. But the fact of the matter is blockchain is here to stay. And and I think the sooner that regulators with IB financial markets, or whatever the case may be is the sooner they accept that. And understand that the bidder. So, you know, blockchain is is a is a great nabbing tool to great security, particularly Saab security tool at cryptos radio just derivative were function. They're off, you know, from a regular to irregular treat perspective, it is difficult because there is a lot of anonymity on on the back of it. There's also misplaced desire to capture venue in ways that unhealthy to again, the notion of just doing business in the way business should be done, which is van Hewlett yet. Which has yet? And I think that might be if I was a finance minister or a Reserve Bank of and my concern that there's a reframing of value assignments value capture and vet in the trade event..
"finance minister" Discussed on Monocle 24: The Globalist
"With the outbreak and now color is back. But this time the new minister of finance has turned to social media and crowd funding to try and halt the spread of this waterborne illness, grace Matata a freelance journalist is on the line from Harare grace. The finance minister, the new finance ministries, just taken office. Tooling Nuba is a technocrat. He's put out an appeal on Twitter. Now, given how short of funds the country is. That would seem pretty resourceful, but Zimbabweans up -solutely furious. Why. They are because they don't believe that their money would be put to good use. I think if you wanted to find out in bub winds would be willing to step up. You only have to look at the current finding that was aesthetic for MDC alliance to fund valley, go fees. They were. There was a good response. People thought this was the calls, but Nina tries. The government is concerned. People don't trust the government fully because there are too many ministers have been accused actually dipping into the national coffers. And I mean one of the contentious issues right now is the amount that's being spent on cars, the cabinet ministers and also on a private flight for the former first lady grace Mugabe. Yeah, the optics look. Good. You're Gina, because when you're in a situation is we're in now where half the population don't have a, you know, clean water to drink, and then you go off and you buy lots of cars for ministers for MP's for chiefs, and then you chat. I flight for the former president and his wife. He doesn't look good at all because people start thinking, why aren't you using that money to upgrade hospitals upgrade the sewer system to ensure that people get clean water. I mean, 'cause they advice is obviously wash your hands with.
"finance minister" Discussed on The Economist Radio
"Finance minister of Louis. The fourteenth of France famously compared the ought of raising tax to plucking the goose. So as to obtain the largest possible amount of feathers with the smallest possible amount of hissing yet in most countries, the art of plucking failed the ways wealth accumulates changing so governments missing opportunities for fair taxes. All countries should tanks both property and inheritance more. These taxes are unpopular, but mostly efficient to stop companies. Shifting prophets. Governments should switch their focus from firms. To investors, profits, ultimately flow to shareholders as dividends and buybacks. But few people are likely to emigrate to avoid taxes on their investment income. Apple can move intellectual property to island, but it cannot put it shelled as their fundamental tax reform can boost growth and make societies more equal as the labor market continues to polarize between Haiyan us and everyone else. Income taxes should be low or negative for the lowest earners. The difficulty is getting policymakers to knuckle down to this unglamorous. Task politicians, rarely consider the purpose and scope of taxation. When they do change tanks codes, they Clemson bolt on new levies and snap off old ones. All in a rush, the good headlines rewriting the codes means winning over skeptical voters and defying repay shis special interests. It is hard work, but the prize is will worth the fight to find out more about how to make taxes work for both taxpayers and. Governments read the briefing in this.
"finance minister" Discussed on Talking Politics
"It's a truly strong statement to makes it also implies the markets this over and it was implies that within the european treaties it's incompatible with european law to have their eurosceptic finance minister now that's absolutely not the case but that's the president that's being set it so he's reasoning towards the end of the speech was that having savona as finance minister would have meant exiting the euro which would have been a major political change was not debated in the electric campaign so the idea that i'm going to protect the constitution by making sure that this massive political changes political economic changes for the country are voted on by just just before i bring home and this is something i really don't get which is a he's the finance minister he can't decide tax the euro right i mean it's i didn't know what the process would be which would exit the euro but it's not just at the site of the finance minister i mean there is a prime minister is picante there these two leaders of these two parties there is a parliament there was a senate i mean governments contain all sorts of people who have quite out there us they didn't get to act on them and arguably it's not the fact that you have a eurosceptic finance minister that decide whether the government is going to plan going out of of the euro right we there without savona if the government wants to exit the euro is going to happen it's not the person that i think the point of view of material in this is that the insistence of the two parties on nominating is person for the finance ministry to him signified intent will that desire i should say to leave the euro and i think the fact that they were not willing to compromise on that he would as saying the two parties at didn't campaign exp.
"finance minister" Discussed on WNYC 93.9 FM
"Legislation and he wrote a quiet test letter to the finance minister and said there was a lack of seriousness about collecting revenue in ugandan so he suggested this social media tax i one of the reasons why there is a huge problem for uganda at the moment is that the national debt has been growing is troubled just in the last three years now this is money that has been used to build roads and other infrastructure and so the government is really under pressure to try and raise more money so that you can pay off this debt and then also provide basic services like education held which the ready struggling to do what of free speech concerns clearly the world of social media is one where people are free to a large extent to say almost what they want not always in a positive way but if they have to pay to do that are people concerned on that level one of the things that the present talks about in this letter the finance minister is that he said the internet as a whole is a good idea the sorts of library where you can go onto your research and study but then he had a problem with social media and he says this is a place where people go to gossip and he described gossipers opinions prejudices insults and friendly chats and he says there are lots of consequences for the country as a result of these conversations and so we need to raise revenue to be able to deal with these consequences hitting quite spill out what those causes acquaintances are but some ugandans are seeing this as a step to fringe upon the freedom of expression and just at the last elections in two thousand sixteen social media was shut down because the government said it was used to spread fake news and lies that would cause insecurity and just that points about the cost of ugandans by daily data bundles these can be about fifty cents let's say sophie using if you're charging people five cents of that as a tax they're also people who would not be able to buy as much data was often as they would like kathryn bureau hanger he's our correspondent in kampala uganda victoria wonder what your take is on on that is that something that for example you could imagine ever being considered in kenya i would hope not but.
"finance minister" Discussed on KSFO-AM
"Finance minister that had written a paper for a guy withdrawing from europe and so this was something that once they proposed it as finance minister after they got elected in march with a big huge problem because it'll be with largest economy in the eu and that would obviously upset that balance and we've got a lot of other things happening time bang you know their prime ministers and asked for corruption germany's obviously weekend e you still hasn't decided completely or there britain leaving a lot of stuff going on the eu and italy all of a sudden becoming you know implementing a finance minister who has written a guide on getting out of the eu difficult upsetting but what you have had now finish the global markets were like oh my gosh is damn these positive basically now taking this guy out of the picture as as a finance minister demoting have a different position he's still in their government but not in the same position and so you have a global that's a that's an interesting point valid point to remains to be seen we'll keep an eye on what is going on with sears i mean we have this familiar announcement almost every time there's reports sears closing more stores sales continue to shrink losses continue to grow sixty three a list of sixty three stores it said it will close in september what is it.
"finance minister" Discussed on Monocle 24: Midori House
"Has returned to obscurity after failing to assemble the government the sticking point being president matter ellas vetoing of his choice of finance minister earlier today president mazzarella asked former imf communist carlo qatar really to form a government although if he does it is unlikely to be for long daniele first of all paolo savona was the the man that giuseppi conti wanted as finance minister in who president materially clearly didn't did he do the right thing calling him a tricky one he has the power to indeed he has the power to and in some ways it made sense because his nomination just seemed like an attempt to trolling really by the by the the other two parties however it's really not a good thing to be seen to be doing especially when you're foot wide and it's lay a feeling pretty ansi about the control of of europe and what happens to people who oppose your but just fuels all the conspiracy theories and fuel's all the populist arguments and makes the cia likelihood of a elections in a few months time even more likely on the subject of trolling carol is is it occupied at the president he's doing a certain amount of that himself in his choice of prime minister years a a former imf economist and noted austerity enthusiast who had previously acquired the nickname mr scissors yeah i think this is a very dangerous move indeed you're right technically the president does have the power to veto appointments like this and there are precedents but you've got you've had an election which brought to power to populist parties that had put together a program that would have splurged huge amounts of money set a flat rate of tax had a guaranteed minimum income for families and not only has the president rejected their nomination for finance minister they put in place as the interim prime minister's has he say mr scissors who's got a record for massive cutbacks he's going to be putting forward a program that would appear to be diametrically opposite to that of the elected parties his chances of getting that through have got to be pretty low yes we're heading for another.
"finance minister" Discussed on Monocle 24: The Monocle Daily
"In and income let's begin in indonesia where the finance minister is distinctly unhappy about a lack of financial discipline yes the finance ministers 3 million ian that awad t who just recently was considered in dubai and an event held in the by the world's best finance minister due mainly to her fiscal prudence policies that have led indonesia to have a balanced budget unlike other cut cut big counterparts she expressed her outrage on this week upon learning that ministries and government agencies have made revisions to over fifty two thousand budget authorization the documents or spending warren's last year reflecting her great concern over the urgent need to speed up the budget implementation now it it it would seem odd perhaps to some people that your the finance minister in you find out about fifty odd fouls and amendments to financial measures yes that's the curious part about it it seems that the gluten there's lots of politicians in different factions chipping into the budget that's the goal how would the curious thing about it so what what potential is that iraq should heed that her complaint will lead to any kind of chain well the thing is she is a very respected.
"finance minister" Discussed on KBNP AM 1410
"Of comedy to be on the one hand they will want to course legal proceeding their due course to let them uh hold of their procedure is needed on the other hand it can be paint on these to be image and it can be also be perceived as an attack on the central bank and the rule so the anticorruption drive in latvia and threads to do without because over the weekend the finance minister on sunday a spoke in riga trying to give reassurance to two people have money in latvian banks about the stability of of latvia's financial system so how how does that all tied together with this anti antigraft tons but for now central bank being to shore up the liquidity of the of the slept in then and at the same time uh the ecb and stopped all payments from his luck in banks of people cannot take money out ten delay you'll be the cause of this over his bank cannot be fulfilled for now everything is frozen it it's been for now it's important to acquaint understand whether those two stories are collected and what is it going to have an what kinds of charges if any a game three through savaged the governor of the central banker for now everyone is waiting what is actually going on if he will not hundred percent clear how does this was in the country i was other how does this have is this reflects latvia how does i this is a good thing for it for its image that there is a there's a drive such as this or is a bad thing that the governor the central bank has been caught up in it i'm curious to know how how this is going to be perceived well latvia had been severely by the crisis about one fourth of its gdp it been wiped away any to go back to the precrisis level small open economy in the severe of very close to russia but very hole and to europe and doing most of his trading to europe were of course this doesn't reflect the boot also on the finances of the kind of training the hina three is also said that they will it'll or postpone selling new bond for now until the situation is.
"finance minister" Discussed on Bloomberg Radio New York
"A day or 24 hours a day powered by our analysts in one hundred twenty countries from hong kong i'm brian curtis this is bloomberg you're listening to bloomberg best on bloomberg radio i'm jim go south and i'm ed baxter as negotiators from the eu and england and continue to work through the details of a brexit deal other european nations must come to terms with the new economic realities of a european union without the united kingdom for more on the future of the eu bloomberg's tom keene and francine the quad spoke with edward skakel luna the finance minister of malta we have lots to talk about the euro you see me policy overall are you worried about books well we all sorts of who is going to be is a guy you know puts ups and downs and also that there would be more on said since yungduk's identity you side we thought that the eu will have a problem because there are twenty seven countries and two to agreeing on a position at that didn't materialize in fact what's strange now is that on the uk were sort of this some dissidents all disagreements from one country with doesn't help puts will when you look at whether you worry about in a race to the modern merges talking with their about the italian elections promises of a flat tax cuts rates i guess it breaks it happens certain economies be juggling for a position where does that actually leave malta malta is in a position of strength in the sense of doing well boats on the economy side that's been growing over the last few years and now it's in order to continuing growth it's it's it's relying gorman empties of emphasis from from the eu itself in other words inflow of of the labor force which we can't grow with six percent for or higher and also on the public finance which we through some reforms we've managed to cut the deficit and now turned into a surplus of.
"finance minister" Discussed on Bloomberg Radio New York
"You're listening to bloomberg best on bloomberg radio i'm jim coil sell and i'm ed baxter as negotiators from the eu and england and continue to work through the details of a brexit deal other european nations must come to terms with the new economic realities of a european union without the united kingdom for more on the future of the eu bloomberg's tom keene and francine the cost book with edward skakel luna the finance minister of malta we have lots to talk about the euro you see me policy overall where you worried about books well we're all sorts of his then so be it is a guy you know what's ups and downs and also that there would be more on said in your view case identity eu side we thought that the eu will have a problem because there are twenty seven countries and two to a greenland a position that didn't materialize in fact what's strange now is that on the uk were sort of there's some dissidents all disagreements from one country with doesn't help principle when you look at whether you worry about in a race to the bottom were just talking with air nielsen about the italian elections promises a flat tax cuts rates i guess if breaks it happens certain economies be juggling fort position where does it actually leave malta malta is in a position of strength in the sense of doing well votes on the economy side that's been growing over the last few years and now it's in order to continue on his growth it's it's it's relying gorman of emphasis from from the eu itself in other words inflow of of the labor force with which we can't grow with six to send four or higher and also on the public finance which we through some reforms we've managed to cut the deficit and now turned into a surplus.
"finance minister" Discussed on Rich Dad Radio Show
"Also manipulated its currency well the truth is um central banks or the biggest currency manipulators yeah correct yes of course when we proved wondering want when we launched it yes we launched qe um the the finance minister brazil said that the united states was starting currency wars and and robert here's what we said in our defence are federal reserve said well no that was just an unintended consequence we weren't trying we weren't trying to to cheat than the dollar to help exporters that just happened well that that really didn't that didn't really help those other countries so yes is it true yes and this is another reason for me by bringing up currency manipulation president trump is starting to approach the big elephant in the room which is what is the role oh of central banks in causing these very destabilizing exchange rate movements because the truth is uh they are the ones that do 'cause it is just were more subtle about it versus china every day goes into the exchange market and says here is the rate we will allow two day so they're very late about manipulating we do it but it's just more subtle by saying we're still on track to raise rates next month this month bath do you actually believe them meet what you mean that what whether the janet i mean i i agree with you the what most people don't know the united states actually fought the concept of central bank for years is the third central bank and what i'm saying the reason tom wheelwright the tax of by my personal tax advisor is on the program is goes in 1913 the fed was created and the irs was technically your created with the passage of the 16th amendment so what happened it becomes debt and taxes once the dollar came off the gold standard so the dollar raised became debt after 1971 and the taxpayer has to pay taxes the consequence of all of this is at we'd borrows the us borrows so much money and this coming friday we might have a government shutdown because the united states is so far in debt yet people like kim an ioc celebrating because we're going to get a tax break tom what's your comments on that.
"finance minister" Discussed on Bloomberg Radio New York
"We only moved on because he felt confident that the free democrat agreeing to occupy his finance minister he's finance minister will be more show you bliss them show blick himself they will continue along the path of what i call the dogma of perfectly separable dates and banking buster's the idea that we have at one three union but every euro of debt open closers belongs to one budget come to two one nation state to me is that tournament of to the future of that monetary union and until at least an extremely we can lead it at the moment because she has to form a government with the political part of the whose number one may be only promise to its electorate is that we want to stop him manuela macron from tabling having having accepted by angela merkel proposition deeds us towards a common budget which is a prerequisite so in other words things are looking very good because we the only we in europe could make a difference under the mobilize we ought to be weakened by the loss for the election germany and you missed the show when he's out of the limelight of the finance ministry has lift his legacy like a very black cloud hanging over the for the finance ministry so go on bloomberg markets released a new study finds the dominating both inbound and outbound middle eastern ebony activity we speak to have you been mullahs from the report authors baker and mckenzie it also get a bit of or put the finger on the pulse in terms of how business is holding up in dubai and the wider united arab emirates this is bloomberg yay bad mergers and acquisitions can make or break a company's stock price like little elf that's what makes bloomberg's deal of the week podcast essential listening for anyone curious about the biggest issues in the m a world host alex sherman has tackled everything from uber's deal with china's didi to the sale of gawker media and why no we've aiden to buy hershey find it on the bloomberg terminal bloombergcom itunes soundcloud and whatever app you use to browse podcasts no motive global abrines affects demarcated emmanuel macron is the new president franz in london as the worldwide team to bring you the headlines terrorist attack in the uk powered by more than 2600 journalists and analysts in more than one.
"finance minister" Discussed on As It Happens from CBC Radio
"So that was finance minister bill more know before that you heard prime minister justin trudeau speaking reporters and stove along tero earlier today we asked to talk to minister more no two we were told no pierrepaul though is the conservative finance critic we reached him in ottawa this vote have you heard their prime minister than you heard bill maher know saying that he did everything the ethics commissioner told him to do wire and she satisfied because canadians don't know where their finance ministers interest why uh win go more no uh was entering politics in 2015 the most recent filing showed that he had over thirty million dollars in share research in the business that his father founded more no shapiro he has received employment income from that company is latest 2016 while he was finance minister this week we learned none of those holdings are in a blind trust i therefore he knows whether he owns shares in the company yet he won't say he's been asked dozens of times by uh opposition mps and media whether he continues to own shares in these very large our cooperation that is heavily involved in the financial sector which his ministry regulates yet he won't tell us whether he still invested in it all right but we he says that his msdos and who is the ethics commissioner has told him that he doesn't need to be in a blind trust to put his assets there because his assets are not considered to be controlled assets and these are quotes from fm himself but he said under the conflict of interest act uh their only controlled assets need to be in a blind test she has told him he doesn't have those and so it's not necessary so if the ethics commissioner is satisfied again why aren't you.
"finance minister" Discussed on The Lead with Jake Tapper
"Well absolutely this cardinal is important not only because he's the pope's finance minister but he is one of the chief advisors to pope francis and it has to potential consequences for pope francis one is to put the spotlight back on what pope francis is doing about sex abuse at the vatican he's very popular pope as you mentioned but he has been criticised for lack of progress on sex abuse one of the prominent members of his sex abuse commission resigned just a few months ago saying the commission was ineffectual certainly this story is bringing the spotlight back on pope francis and how much of a priority he is making sex abuse at the vatican the other point of course is that he's lost his finance minister at least temporarily change in the vatican's way of doing finances more accountability transparency was one of the pillars of pope francis is pontificate he brought cardinal pell into helped him with that reform it is stalling at the moment because they meeting with a lot of resistance from within vatican office is now his finance minister is on a leave of absence and we don't know what the future holds for that so some potential important consequences for the pope gallagher in the vatican force thank you so much appreciated red flags at the epa after environmental scientists as a top level employees at the agency tried to influence our congressional testimony cigarette has raised some eyebrows with the changes that has made under the trump administration back in april climate change information was wiped off the epa website which says it aims to quote reflect the approach of new leadership.