Saturday, October 10, 2026

International Finance

Category : Economy

Economy

Nigeria reports first Ebola death outside Lagos

International Finance Desk
by International Finance Desk
The victim is a doctor who was treating an Ebola patient Samuel Okocha September 1, 2014: Nigeria has reported its first Ebola death outside Lagos. A doctor died of the disease in the southern oil-rich city of Porthacourt. The doctor was treating an Ebola patient who escaped quarantine from Lagos. The patient survived, but the doctor...
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Economy

Poverty keeps growing in Buenos Aires as Argentina wakes up in default

International Finance Desk
by International Finance Desk
Major setback for a country already suffering from devaluation of the peso, rampant inflation, slow growth, falling wages and widespread poverty Kamilia Lahrichi August 25, 2014: Standard & Poor’s decision to declare Argentina on “selective default” on July 30th is a disaster for Argentinians. The New York Court of Appeals condemned the South American nation...
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Economy

WTO rules against Argentina’s protectionism

International Finance Desk
by International Finance Desk
Says South American country’s import restrictions breach global trade rules Kamilia Lahrichi August 25, 2014: International pressure on Argentina is increasing as the World Trade Organization (WTO) ruled on August 22 that the South American country’s import restrictions breach global trade rules. The 170-page ruling sided with the European Union, the United States and Japan...
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Economy

Differences at Bank of England

International Finance Desk
by International Finance Desk
BoE governor has presided over his first split vote. However, the two members who voted for a rate rise are unlikely to be joined by others for a while yet. August 21, 2014: The minutes of the Bank of England monetary policy meeting on August 6-7 showed that the committee voted 7-2 in favour of keeping Bank...
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Economy

4th Arab Aviation and Media Summit on September 24

International Finance Desk
by International Finance Desk
The event will be held in RAK and this year’s theme is Aviation & Tourism: common vision and purpose August 21, 2014: Air Arabia is organising the 4th edition of Arab Aviation Summit in RAK on September 24. The Arab Aviation and Media Summit is the largest gathering of Arab media, together with top executives from...
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Economy

Ebola ruins summer of Africa

International Finance Desk
by International Finance Desk
The outbreak was reported in March just when people begin to take their vacations and travel with their families Samuel Okocha August 19, 2014: Owners of businesses are raising concerns over the economic impact of the Ebola virus, as business travelers cancel visits over fears of contracting the disease that have left more than 1,000...
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Economy

Eurozone: What recovery?

International Finance Desk
by International Finance Desk
Disappointing GDP data highlight a lack of improvement in the economy, but the ECB is likely to ignore calls for action as it continues to evaluate policies already enacted August 18, 2014: According to Eurostat’s flash estimate, Eurozone GDP showed 0.0% growth in the second quarter, down from 0.2% in the first quarter. The figure...
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Economy

Lloyds Bank:Investor sentiment in UK asset classes sees largest increase year-on-year

International Finance Desk
by International Finance Desk
Gold continues its upward trend as the most positive asset class performer with a two percentage point increase Now may be a good time to invest in UK asset classes as investor confidence in UK shares and UK government bonds saw the biggest year-on-year increases, up 11 and 14 percentage points respectively, according to the...
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Economy

Mexico to End Oil Monopoly

International Finance Desk
by International Finance Desk
Mexico’s constitution forbids private sector contracts and puts all exploration and production of Oil into the exclusive hands of the state. 14th August 2014 Mexico has broken a 75 year state monopoly on energy which could boost flagging growth and double foreign investment, potentially providing the biggest succour to its economy since the North American...
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Economy

Portuguese economy surprises with good performance

International Finance Desk
by International Finance Desk
However, recovery is probably going to remain weak because its biggest hope were exports, but it is hard to see how, with the Eurozone slowing down Contrary to its big Eurozone peers, the Portuguese economy performed well in the second quarter. Real GDP grew by 0.6% quarter-on-quarter, bouncing back from the 0.6% contraction witnessed in...
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