Islamic finance currently makes up tiny proportion of $950bn global green bond market.
Author of report from Washington think tank points to fading of traditional arrangement whereby Moscow takes care of security matters while Beijing takes care of the economic side.
Instead of triggering an increase in remittance payments, which is typical during times of crisis, the uncertainty surrounding the COVID-19 pandemic has caused migrant payments to households in developing countries to slow dramatically.
We have updated bne IntelliNews Despair Index, which better reflects what damage something like the coronacrisis does to the bottom half of society in the countries of New Europe. While the index has ticked up, the damage is limited so far.
PM Aripov said $100mn will be spent overhauling Sokh.
Governments continue to lift restrictions but there are warnings over a surge in new infections in Armenia, Iran and North Macedonia.