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One year on, Hong Kong’s carbon credits market still faces growing pains
“In our first year of operation in this market, our main goal was to build an ecosystem,” she said. “Besides trading volume, we have been building a client base, which has grown from just over 20 when it debuted to almost 80 today. It is quite encouraging.”Glenda So (right), co-head of markets of Hong Kong…
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Finance committee talks 2024 budget and revenue sources
<!– SHOW ARTICLE –> The finance committee discussed the proposed 2024 budget and potential revenue sources in its meeting Tuesday. While the city is projected to continue operating at a deficit of approximately $700,000 in 2024, the annual budget carryover is expected to see an increase from 2023. Auditor Betty Brothers said the city…
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Taking these financial steps could help post-divorce recovery
FILE A couple watches the sun set from a park, July 10, 2021, in Kansas City, Mo. While getting divorced can be emotionally and financially overwhelming, financial experts say focusing on a post-divorce plan for your money can contribute to overall recovery. First, adjusting to your new cash flow, which can include new expenses and…
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Cloquet to help finance Upper Lakes Foods expansion
CLOQUET — The city is granting one of the largest private local employers a subsidy to assist in a 7,000-square-foot addition expected to create 11 new jobs.The Cloquet City Council on Nov. 21 unanimously signed off on a development program and tax increment financing plan for food distributor Upper Lakes Foods. Tax-increment financing explained Commonly…
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City moves forward with finance paperwork
#inform-video-player-1 .inform-embed { margin-top: 10px; margin-bottom: 20px; } #inform-video-player-2 .inform-embed { margin-top: 10px; margin-bottom: 20px; } OTTUMWA — Even as the City of Ottumwa has acknowledged a backlog of financial disclosures in recent months, the city is confident it will get back up to speed fairly quickly.City administrator Philip Rath addressed the council Tuesday at…
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China’s Li Qiang to head finance commission as Xi Jinping continues to delegate
A mainland-based political analyst, who spoke on condition of anonymity, said Li’s appointment as head of the CFC was unexpected, considering
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Finance Department staffer in Andhra Pradesh caught ‘accepting’ bribe
The Anti-Corruption Bureau (ACB) officials on November 24 (Friday) caught Onteddu Nagabushana Reddy, a Section Officer (Welfare-II) in the Finance Department at the Secretariat at Velagapudi when he was accepting a bribe of ₹40,000 from a person for releasing the scholarship amount under the ‘Overseas Education for Minorities, Videsi Vidhyadharana Padhakam’ to a student.The ACB…
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Liz Weston: Plan ahead to lessen financial hits of ‘widow’s penalty’ for Social Security survivor
After a spouse dies, the survivor often ends up paying higher taxes on less income — something known by accountants and financial planners as the “widow’s penalty,” because women typically outlive their husbands.Couples who know what’s coming often can take steps to soften the penalty’s effect, but too many don’t think far enough ahead, says…
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Credit rating – finance sector leaders step forward
I had the privilege of moderating the second Africa Summit this week. On hand was a panel of finance sector professionals and leaders. Vivienne Yeda, Director-General of the East Africa Development Bank, Philip Mulaki from Africa Trade and Investment Development Insurance (ATIDI), Simon Rutega, Mahesh Kotecha in New York, and John Ngumi. Dozens of other…
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Capital One Financial Stock Gets Closer To Key Technical Benchmark
On Friday, Capital One Financial (COF) received a positive adjustment to its Relative Strength (RS) Rating, from 68 to 71. X When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD’s proprietary rating measures price action with a 1 (worst) to 99 (best) score. The…
