International Finance

Category : Economy

Economy

Russia seeks a bite of Latin America

Renewing and strengthening ties in a bid to alleviate food shortages back home Kamilia Lahrichi April 2, 2015: Russia’s Foreign Minister Sergey Lavrov courted Cuba, Nicaragua, Colombia and Guatemala during a four-day visit to South America in March 2015 to boost bilateral trade, as food shortage is hitting his country hard. Last year, Moscow banned...
Economy

ADB sees strong growth for Asia in 2015 and 2016

“Developing Asia is making a strong contribution to global economic growth”, says ADB Chief Economist Shang-Jin Wei. March 26, 2015: Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report. ADB’s flagship annual...
Economy

Impact of Osborne’s budget on business

DoF Online spoke to KPMG’s head of tax policy Chris Morgan about the impact of Chancellor George Osborne’s proposals March 26, 2015: “On the corporate side of things there wasn’t anything too unexpected included in the budget. The only thing was the restriction on the carrying forwards of losses. This was described as a method...
Economy

Thousands of Argentines take to the streets

Lambast President Cristina Fernandez de Kirchner for mysterious death of a prosecutor Kamilia Lahrichi February 20, 2015: Some 400,000 Argentines flooded the streets of the capital under a torrential rain on February 18 to commemorate the mysterious death of a prosecutor a month ago and lambast the president, who is suspected to be involved in...
Economy

Investment in clean cooking can return a profit

But the real benefit lies in the social impact Kamilia Lahrichi February 17, 2015: Large financial institutions, such as Bank of America and Deutsche Bank, and private investors launched a $100 million fund to ease access to clean and efficient cookstoves and fuels at the Cookstove Future summit in New York on November 21, 2014....
Economy

Betting big on India

Acting as a catalyst to its growth story is US President Barack Obama’s recent visit, which may inspire investors to pile up Indian stocks throughout 2015 Suparna Goswami Bhattacharya February 19, 2015: If one were to describe India’s growth story in one line, it would read something like this– A nation of unrealised potential. The...
Economy

Amid unrest, Egypt’s entrepreneurs fueling revolution of their own

The north African nation is in the race to be the fastest growing entrepreneurial hub in the world Suparna Goswami Bhattacharya    February 6, 2015: Back in 2013 when majority of Egyptians were busy revolting against the then president Mohammed Morsi, there was a parallel revolution going on in Egypt involving the young from the...
Economy

ECB’s quantitative easing: Blessing or curse?

TeleTrade believes that the decision will delay economic reforms by Eurozone members February 3, 2015: The European Central Bank (ECB) on January 22 said that it will expand its asset purchase programme to €60 billion a month starting from March 2015 until September 2016. In aggregate, the asset purchasing programme will be over €1.1 trillion....
Economy

Saudi Arabia moving away from oil

The Saudi government is making all efforts possible to increase share of the manufacturing industry Suparna Goswami Bhattacharya January 27, 2015: One does not really associate names like Jaguar Land Rover, a British automotive company; or Mars, an American confectioner, with Saudi Arabia. For years, Saudi Arabia has become synonymous with oil. And it is...