International Finance

Category : Business Leaders

Brazil’s President Rousseff stays in power

State interventionism wins over free market Kamilia Lahrichi October 27, 2014: Left-leaning president Dilma Rousseff won the election in recession-hit Brazil on October 26 after one of the most dramatic electoral campaigns. The country’ first female president turfed out the centrist contender Aécio Neves with about 52% of the vote against 48% for her rival...

Uruguay’s presidential election goes to run-off

abare Vazquez of the leftish Broad Front and Lacalle Pou from the conservative National Party won the first round Kamilia Lahrichi Oct 27,2014: The two contenders who won Uruguay’s first round of the presidential election on October 26 will not bring about any radical economic change for this small country wedged between two regional heavyweights –...

Bolivia’s Evo Morales wins a third consecutive term

Left-leaning president, an Aymara Indian and a former coca farmer, becomes the longest serving leader and incumbent head of state in the Andean country Kamilia Lahrichi October 17,2014:Since his first election in 2005, Evo Morales has propelled economic growth in what was once one of the worst performing economies in Latin America, and enacted redistributive...

Internet should not be a privilege of the rich: Mark Zuckerberg

Facebook will create $1 million fund to help develop apps for farmers, women and migrants IFM Correspondent October 9, 2014: Seeing exponential growth potential for Facebook in India, its co-founder Mark Zuckerberg said he will discuss with Prime Minister Narendra Modi ways to connect villages with the digital world. He is excited about helping the...

Citi appoint new CEO for Citibank Malaysia

Lee Lung Nien will report to Citi’s head of Asean Michael Zink IFM Correspondent October 8, 2014: Citigroup has appointed Lee Lung Nien as the new CEO of its wholly owned unit Citibank Bhd. Lee will have overall responsibility for Citi’s franchise in Malaysia, including its institutional clients group, and the consumer banking, cards and...

Vonage announces new CEO

Alan Masarek is a former Google Inc executive IFM Correspondent October 8, 2014: Holmdel-based Vonage Holdings Corp. on October 7, 2014 announced the appointment of Alan Masarek, former Google Inc executive, as CEO of the company. The appointment will be effective November 6, 2014. Masarek succeeds Marc Lefar, who is retiring from the CEO post...

Islamic State: America’s new nemesis

International Finance Desk
The recent turn of events in the Middle-East has raised several pressing questions such as the reason for the US authorising air strikes in Iraq this August Sharan Lal September 30, 2014: The gruesome beheading of two American journalists and a British aid worker in the months of August 2014 and September 2014 have once...