Tag: Welfare

Brazil stocks hit record as Bolsonaro takes charge

by Rosa SULLEIRO Agence France-Presse SAO PAULO, Brazil (AFP) — Brazil’s stock market closed at a record high on Wednesday, one day after new President Jair Bolsonaro took office and in anticipation of economic reforms his government is expected to implement. The Ibovespa index in Sao Paulo’s stock market finished 3.56 percent up at 91,012 points. Markets were closed on Tuesday for the January 1 holiday. Hopes of a turnaround for Latin America’s biggest economy, […]

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BSP extends LYD-CEF for repatriated OFWs

MANILA, PIA – The Bangko Sentral ng Pilipinas (BSP) has approved the reopening of the Libyan Dinar Currency Exchange Facility (LYD-CEF) for overseas Filipino workers (OFWs) repatriated from Libya for another six months, or until July 29, 2015. The approval came shortly after Labor Secretary Erlinda Baldoz sent a letter to Amando M. Tetangco, BSP Governor, requesting for the extension of the LYD-CEF, thus, giving life to BSP Circular 867, dated January 14, 2015, allowing […]

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