International Finance

Category : Economy

Depth in Africa’s Transformation

By Homi Kharas 27th March 2014 Africa is growing fast but transforming slowly. This is the message of the 2014 African Transformation Report, launched last week by the African Center for Economic Transformation (ACET). The report addresses a worry on the minds of many: in spite of impressive growth, the structure of most sub-Saharan African economies...

Turkish Lira in a free fall again, this time over Twitter block

Erdogan government declares war on social media as polls approach and opposition gathers steam, dealing the currency a body blow, reports Team IFM Istanbul, March 24: Turkish Prime Minister Tayyip Erdogan blocked access to Twitter on Friday in a desperate bid to gag detractors before the civic polls next week, and in the process, threw the country...

China woes pile on as factory output sinks to eight-month low

Despite rise in export orders, a sluggish domestic demand drags factory operations and prompts economists to predict new policy changes, reports Team IFM Beijing, March 24: March has turned out to be the worst month for China’s manufacturing sector since last August, data released on Monday by an independent survey reports says, making it also...

Yellen springs no surprise, monthly stimulus cut another 10bn

New Federal Reserve head lives up to promise of continuity, whittles monthly assets purchase to billion and keeps interest rates untouched, reports Washington, March 20: The US Federal Reserve didn’t disappoint, neither did Janet Yellen in her first meeting as the Chair of its marketing committee on Wednesday as she chose to stick to the...

US home builders more confident as spring approaches

Approaching buying season likely to boost sales but six-month outlook grim because of shortage of labour and approved land, reports Team IFM New York, March 18: Builder confidence in the market for newly-built, single-family homes crawled up slightly this month in the US but remained close to a two-year low even while data released by the...

US shrugs off winter blues, factory output back on track

Industrial production highest in six months as motor vehicles and parts emerge as biggest gainers, reports Team IFM New York, March 18: American manufacturers and allied industrial sectors seem to have shrugged off the winter drag to ramp up production in February to mark the highest increase in the past six months and offset the...

The Unsung Heroes of Recurring Revenue

by James Dunham, SVP Product Management at ServiceSource To fully understand recurring revenue performance in your business, you need to first understand the people in your business most involved with those numbers: the renewal sales representatives. Research into the IT buyer paints a picture of a busy professional, handling enormous complexity at work and being...

Dragon stumbles as growth falls to lowest point since 2009

Premier Li talks of challenges and promises measures as shocked analysts predict loosening of tight monetary policies, reports Team IFM Beijing, March 14: The speed of China’s industrial output growth slowed beyond expectations in the first two months this year to a five-year low, official data released on Thursday showed, prompting Premier Li Keqiang to...

Building personal brand equity

by Mark Personal brand equity is a valuable business commodity. It’s the combined sum of your character, your ability and your charisma. Your personal brand is invaluable throughout your career and it’s what makes you unique. It’s the reason why people will deal with you – in Andrew Ross Sorkin’s “Too Big to Fail”, a beleaguered...