Miscellaneous News

luminary

Senior Member
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The Solomon Islands has awarded a multi-million-dollar contract to China Civil Engineering Construction Company (CCECC) to upgrade an international port in Honiara in a project funded by the Asian Development Bank.

Prime Minister Manasseh Sogavare met the vice chairman of the China International Development Cooperation Agency, Tang Wenghong, on Tuesday and signed on to Beijing's Global Development Initiative

The port reconstruction deal is part of a $170-million project funded by the ADB to upgrade roads and wharves, which saw CCECC awarded the roads component in 2022.
 

KYli

Brigadier
Bailing out of the depositors but letting the shareholders and bondholders to take the losses. It is just that 30 billion from treasure may not be enough to fill the gap even if stocks and bonds got wiped out.
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No buyers for First Republic, another bailout is necessary as First Republic Bank's book is worse than expected.
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Another regional bank that needs to seek help from Apollo private equity firm after tapping 3.7 billion from the Federal Home Loan Bank System, $10.5 billion from the Federal Reserve’s discount window and $2.1 billion from the bank term funding program.
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pmc

Colonel
Registered Member
It seems Americans are planning for a move with Azerbaijan. Makes sense strategically
Twitter posts does not make sense. Azerbaijan is supported by Israel. while Armenia and current Iranian is much closer to West.

Azerbaijan and Russia creating 1000 additional trucks per day. railway upgrades are coming. Azerbaijan has open tourism office in Israel and there is substantial flight increase between Israel and Azerbaijan. some figures say up to 500% travel increase.
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