International Finance

Category : Economy

Economy

Argentina: Russia’s new market

The South American country is in a good position to capitalise on President Putin’s embargo on food imports from Europe and Western nations Kamilia Lahrichi November 14, 2014: Russian businessmen met their Argentinian counterparts in Buenos Aires on November 11 to discuss investment projects in the energy, nuclear and mining industries, as Moscow seeks to...
Economy

West Bank’s boycott of Israeli products does not last long

There are not enough alternatives for Palestinian consumers Alessandra Bajec  October 20, 2014: Israel’s recent offensive in Gaza triggered an unprecedented boycott of Israeli products across the West Bank, as many Palestinians opted for local equivalents in response to the Israeli military operation. Despite the economic boycott leading to a noticeable difference on the local...
Economy

Warning of global slowdown

20% of the countries that tapped into the World Bank’s fund for the poorest yet to show any growth IFM Correspondent October 6, 2014: In an effort to warn the global economy against considerable downside risk, finance and development ministers from around the world will meet in Washington DC on October 11, 2014. With Europe...
Economy

Kenya rings in competition

From price wars, buy outs to intrigues over thin SIM technology. Has the telecom sector finally come of age? Amoxers Wachira October 6, 2014: Over the last few months , Kenya’s telecom sector has been buzzing with activity. From mobile network operators  taking their price wars to court, to cut throat competition, which has prompted...
Economy

Rainbow Nation’s energy sector is getting greener

Since the 2008 energy crisis, South Africa has been trying to reduce dependency on coal Miriam Mannak October 3, 2014: Africa’s second largest economy is a land of abundance, boasting vast reserves of coal, platinum, and gold. The country’s natural wealth isn’t, however, confined to the depths below the earth’s surface. She is also blessed...
Economy

Visa to open tech centre in India

International Finance Desk
The move will create over 2,000 jobs globally IFM Correspondent September, 26, 2014: Visa Inc, the global card payment system provider, will open a new technology centre in India in 2015. This will create over 2,000 full-time technologist positions all over the world.  These include conversion of contractor positions to full time positions within the...
Economy

Businesses have to become environment-friendly

International Finance Desk
It will be difficult, but participants at the UN climate summit agreed there is no alternative Kamilia Lahrichi September 25, 2014: Hundreds of Chief Executive Officers from Fortune 500 companies, pension funds and the insurance sector discussed financial incentives to tackle climate change and committed to taking concrete action, at the United Nations Climate Summit...
Economy

Scottish referendum: Businesses breath a sign of relief

International Finance Desk
The surprise was the comfortable margin of victory for those favouring staying in the UK Tim Evershed September 19, 2014: Global markets and British business leaders responded positively to the news that Scotland had voted to stay part of the UK in its referendum on independence. The Better Together campaign triumphed with over 55% of...