Sentences with phrase «backed by any country»

The Chinese group includes Citic Metal Co., a unit of state - controlled conglomerate Citic Group Corp., and China Reform Holding Corp., an investment company backed by the country's state assets regulator, the people said.
Bitcoins are encrypted virtual money created by computer programmers and not backed by any country or government.
The currency is not backed by any country's central bank or government.
It's also worth noting that Venezuela is planning to launch its very own Petro coin, backed by the country's oil reserves.
Venezuela's President Maduro is planning to introduce what he calls a «cryptocurrency», backed by the country's oil, gas and other natural resources.
Today, a national currency is backed by a country's economy, GDP and, as a result, by the confidence of investors.

Not exact matches

A number of high - profile attacks in Afghanistan towards the end of January were claimed by competing terrorist groups ISIS and the Taliban — putting the spotlight back on a country that has been at war for over a decade.
Asked about China's «Belt and Road Initiative,» he said developing countries need to take a careful look at projects backed by the program and avoid taking on unsustainable debt.
Just this week, Venezuela launched a new cryptocurrency called the petro, which is supposedly backed by the South American country's oil reserves.
Most digital currencies are not backed by any central government, meaning each country has different standards.
This won't be the first time Ewing and Keep have returned to South Korea, traveling to the peninsula in 2006 and 2015, respectively, thanks to the Revisit Korea Program organized by the South Korean government to invite Korean War veterans back to the country.
In 2007, Greitens took his commitment back to the frontlines, founding a nonprofit organization that serves post-9 / 11 veterans by deploying them to service projects across the country.
Another potential problem for Venezuela's petro plans is the initial issuance of the token will be backed by crude in the Orinoco heavy oil belt in the east of the country.
When national budgets of various oil - producing countries are determined by crude prices, then a lower price forces capital to be repatriated back to the country of origin (and we haven't even mentioned Russia, which is flooding the crude market for budgetary reasons).
Not only would there be a huge human factor to consider in sending them back to countries with which most aren't familiar, but the cost to our economy could be staggering: According to a Center for American Progress study earlier this year, the estimated loss of DACA workers would reduce U.S. GDP by $ 433 billion over the next 10 years, with California, Texas and Illinois being hit hardest.
This selling point appears to be backed up by the numbers: Concur is currently in use in over 90 countries by thousands of companies, and, according to Newell, the company is currently pushing strongly in Canada (which is why they polled Canadians).
Earn, which was originally backed by Andreessen Horowitz, and Tyler and Cameron Winklevoss, can compensate users in any country for replying to an email or completing a simple task, even if they don't have a bank account.
When asked about the SaaS sector in the country and the startup scenario, from a fundraising viewpoint, Subramanian stated that ventures like Freshworks (backed by Google Ventures) and BrowserStack (Secured $ 50 Million from Accel) have set precedents in terms of raising the bar for fundraising in India.
President Trump has also banned Americans from buying the Venezuelan government's «Petro» cryptocurrency, which is supposedly backed by the South American country's oil reserves.
According to a 2011 study by the National Foundation for American Policy, the most common country of origin for an immigrant founder of a top - 50 venture - backed company was India, followed by Israel, Canada, and then Iran.
A U.S. withdrawal from the pact, agreed to by almost 200 countries, would set back international efforts to limit rising temperatures that have been linked to the extinctions of animals and plants, heat waves, floods and rising sea levels..
While a temporary compromise over the country's debt ceiling pushed that deadline back to at least August, the sequester — sweeping automatic spending cuts mandated by cliff legislation — could kick in as soon as March 1.
Of course, Putin, backed by the resurgent Russian Orthodox Church, has made his country more conservative in numerous ways.
Fuel prices have been in a downtrend since June, losing nearly 50 percent of their value, on the back of a price war waged by OPEC (the Organization of Petroleum Exporting Countries) against the U.S. shale producers and as demand from China decreased amid slowing growth.
«Labatt is one of Canada's founding businesses and oldest brewers and we're grateful to be able to give back to this country by leveraging our strengths and resources to get safe drinking water to Canadians in need,» said Angelakos.
There are many remarkable aspects to SpaceX: for instance, the way it has challenged accepted rocket manufacture by making rockets for a fraction of the cost; the way it has become the first private entity — rather than a country — to successfully launch spacecraft into orbit and then return; the way it went from an idea in Musk's head to a company that resupplies the International Space Station and that hopes to soon ferry astronauts back and forth.
But more than anyone, Mr. Schäuble has come to embody the consensus that has helped shape European economic policy for years: that the path to sustained economic recovery for financially troubled countries is to slash spending, raise taxes when necessary and win back the trust of bond markets and other investors by displaying commitment to fiscal prudence — even if that process imposes deep economic pain as it plays out.
On Monday, WTI closed at US$ 52.22 a barrel, up by 3 percent, while Brent crude settled at US$ 59.02 — its highest since July 2015 — on the back of growing optimism that the OPEC production cut deal is finally having a palpable effect on global supplies of crude oil, and the equally growing worry that the Middle East could be in for more tensions — this time between the Kurdish nation and the countries it inhabits, following an independence referendum in the Kurdistan autonomous region in Iraq.
The company is backed by over 20 years of industry experience and its platform is relied on by accounting and real estate teams at some of the country's largest public and private companies.
To stop measuring a country is to erase it person by person, community by community — and you never get the data back.
In most parts of the country, the maximum amount that homebuyers can borrow is $ 424,100 (if they're taking out loans backed by Fannie Mae or Freddie Mac).
Uber, a five - year - old company that operates in more than 310 cities and 58 countries worldwide, faces homegrown Chinese rivals like Didi Kuaidi, which has more than 90 percent of the market and is backed by two of the largest Chinese Internet companies, Alibaba and Tencent.
The company scaled back operations elsewhere to focus on India, targeting the country's first - time phone buyers by tailoring phones to their needs.
Founded in 2005 by Zhang Lei, this $ 15 billion fund house invests in both public market and private firms and is particularly known for backing Chinese startups, especially internet firms in the country.
It was great for Nexen shareholders, but CNOOC received a lot of negative sentiment from Canadians because it's a State Owned Enterprise, which gives it an unfair market advantage over other energy companies because it's financially and politically backed by one of the richest countries in the world.
It involves policies that can be traced at least as far back as the «American System» of the early 19th Century, and it has been implemented in various forms by many different countries around the world during the past 100 or even 200 years.
Many Westerners have reacted to recession by seeking to constrain markets and roll globalisation back in their own countries, and they want to export these ideas to the developing world, too.
Scoutmob is a venture - backed & nationally recognized ecommerce and local mobile company that was named one of the top apps in all categories by Wired and Mashable and one of the country's most promising companies by Forbes.
March, Igoche said that if digital currency not backed by any physical commodity such as gold or precious stone, are not classified as currency or coins issued by CNB or Central Bank of any other country.
Mexico could also get hit by changes in the rules of origin, which are designed to prevent countries outside North America from using the treaty as a back door into the U.S. market.
«We are coming from an abnormal period where a tremendous amount of wealth was created largely by selling assets back and forth,» said Mohamed A. El - Erian, chief executive of Pimco, one of the country's largest bond traders, and the former manager of Harvard's endowment.
The bottom line is that after the prolonged tax giveaway exacerbates the federal budget deficit — along with the balance - of - payments deficit — we can expect the next Republican or Democratic administration to step in and «save» the country from economic emergency by scaling back Social Security while turning its funding over, Pinochet - style, to Wall Street money managers to loot as they did in Chile.
Sanctions placed on Russia by Europe and the U.S. have added to the country's economic decline, on the back of the falling oil price and Russian ruble.
Every time I get annoyed at Justin Trudeau and the way he manages the country all I do is listen to the radio and Charles Adler rant about him or read articles by Lorne Gunter and Rick Bell from the Edmonton Sun (who formerly worked at the Alberta Report, and helped Ted Byfield run the Alberta Report into the ditch, or read anything written by Colby Cosh or Ezra Levant and soon I realize the propaganda and hate these clowns try and spread about their own political / religious views I revert back to supporting the more liberal viewpoint).
«(Trump's) not going to dial back from his default position, which is a reciprocal tax, but I think one by one, based on the conversations each of these countries is going to have with him, I think he'd be willing to negotiate,» Priebus said.
By comparing what a country owes and what it produces, the debt - to - GDP ratio indicates the country's ability to pay back its debt.
[That claim itself, of course, is wildly at odds with the statistical record, as confirmed by Unifor's recent report. We compiled historical data on 16 conventional economic indicators going back to 1946, and found that Canada's economy performed worse under Harper's leadership than any other postwar Prime Minister — and lagged most OECD countries during Harper's tenure, as well.
Restructured debt backed by Treasuries and issued by emerging market countries after defaulting on original loans.
A dramatic night seems to result in the current regime led by Erdogan taking back control of the country.
Millions of Canadians have been adversely affected by this government: it's time to push back and reclaim our country.
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