Economy Archives

Greece – the day after: Time for a fresh start?

International Finance DeskJune 30, 2015

by International Finance DeskJune 30, 2015

This might be the beginning of a new dialogue Thorsten Beck June 30, 2015: The breakdown of negotiations between Greece and the Troika comes as a shock. It is not, however, the end of the game. This column argues that the rupture can serve as a starting point for a new relationship between Greece and...

Economy

There’s more to Mauritius than sea and beaches

International Finance DeskJune 22, 2015

by International Finance DeskJune 22, 2015

The Indian Ocean island is consistently ranked as the best place to do business in Africa Suparna Goswami Bhattacharya June 22, 2015: Mauritius brings to mind vision of long sandy beaches with blue ocean waves caressing the shore and outstretched leaves of tall palm trees swingingin the cool breeze. Tourism has always been one of...

Economy

Too early for a fair assessment

International Finance DeskJune 15, 2015

by International Finance DeskJune 15, 2015

Prime Minister Narendra Modi’s government has shown great resolve in trying to tackle problems faced by the Indian economy in its first year in office Giovanni Puglisi June 15, 2015: Since the election one year ago, Indian Prime Minister Narendra Modi has energetically toured the world meeting foreign political and business leaders, promoting his government...

Economy

US reports optimistic hiring

International Finance DeskJune 10, 2015

by International Finance DeskJune 10, 2015

Italy and Brazil only countries where employers report negative hiring plans June 10, 2015: The Manpower Employment Outlook Survey, released by ManpowerGroup, reveals US employers’ hiring intentions are among the strongest globally for the third quarter of 2015. Taking into account seasonal variations, the Net Employment Outlook is +16%, which is on par with Q2 2015...

Economy

The Icelandic economy is back on its feet

International Finance DeskJune 10, 2015

by International Finance DeskJune 10, 2015

In the aftermath of the financial crisis, the boom in the tourism sector has had a major economic impact June 10, 2015: In the past 20 years, the Icelandic economy has gone through a wild boom and bust roller coaster ride. The economy is very small by most comparisons; the number of inhabitants is only...

Economy

‘Focus on EU referendum and get it over with’

International Finance DeskMay 18, 2015

by International Finance DeskMay 18, 2015

Industry believes decisive UK election result will help only once all hurdles to growth are overcome quickly Peter Taberner May 18, 2015: Britain is still raising its eyebrows, after David Cameron’s Conservative Party won an outright majority in the general election, after five years in Downing Street as part of a coalition government. It was...

Economy

London secures £200 mn for extension to Northern Line

International Finance DeskMay 12, 2015

by International Finance DeskMay 12, 2015

The UK’s first ever CPI-linked Sterling bond will contribute to the cost of the new project May 12, 2015: A £1billion infrastructure project that will link Battersea to the London Underground is another step closer due to a pioneering new method of financing agreed between the GLA and Lloyds Bank Commercial Banking. On May 11,...

Economy

London secures £200 mn for extension to Northern Line

International Finance DeskMay 12, 2015

by International Finance DeskMay 12, 2015

The UK’s first ever CPI-linked Sterling bond will contribute to the cost of the new project May 12, 2015: A £1billion infrastructure project that will link Battersea to the London Underground is another step closer due to a pioneering new method of financing agreed between the GLA and Lloyds Bank Commercial Banking. On May 11,...

Economy

Egypt betting big on a new capital

International Finance DeskApril 29, 2015

by International Finance DeskApril 29, 2015

President hopes it will usher in new investments; however, such plans have failed in the past Suparna Goswami Bhattacharya April 29, 2015: Over the past 5,000 years, Egypt has changed its capital city 29 times. The Pharaohs of Egypt often moved the capital by building new cities. But since 950 AD, the country has had...

Economy

Uncertainty of election makes pound jittery

International Finance DeskApril 17, 2015

by International Finance DeskApril 17, 2015

On April 10, the pound fell to a five-year low against the dollar Tim Evershed April 17, 2015: Uncertainty surrounding the result of next month’s UK general election is sending the sterling on a rollercoaster against the dollar. On April 10, the pound fell to a five-year low against the dollar as election jitters combined...