International Finance

Category : Economy

Economy

Is Capital Gains Tax on foreign investors a good idea?

Written by Stuart Long, Partner and Head of Tax at HowardKennedyFSI. 25th November 2013 The Chancellor, George Osborne, has indicated that a charge to capital gains tax (CGT) could be introduced for foreign property investors as early as next month’s Autumn Statement. In view of the recent rise in house prices, the Chancellor foresees this...
Economy

The superman CFO: Insights into the evolving role of the CFO

Written by Brendan Walsh, Senior Vice President of American Express Global Corporate Payments Europe. 22nd November 2013 Encouraging innovation is most important contribution to growth the CFO will seek to make within the next two years. What does it mean to be a CFO today? The economic downturn clearly affected British businesses in a number...
Economy

Growth in Greece? A Logistical Possibility

BY DARIA TAGLIONI. 20th November 2013 More than 95 percent of goods traded between Europe and Asia are transported via deep sea. All of this happens through two primary routes– some serious traffic. But it’s far from stop-and-go. In fact, most doesn’t stop at all. Large container ships leave ports in Asia and proceed directly...
Economy

Rich Countries, Poor People: Will Africa’s commodity boom benefit the poor?

BY ANAND RAJARAM. 20th November 2013 Travelling across Africa these days you are likely to run into increasing numbers of mining, oil, and gas industry personnel engaged in exploration, drilling, and extraction across the continent. Although commodity prices are moderating, the discoveries being made in Africa offer the real prospect of significant revenue to many cash-poor,...
Economy

A Billion-dollar Opportunity for Developing Countries

BY OTAVIANO CANUTO. 19th November 2013 The decision last week by the Swiss government to sign the OECD’s somewhat lengthily named Convention on Mutual Administrative Assistance in Tax Matters is the latest of a series of developments that have radically increased the amount and quality of tax information available to governments. For developing countries, being...
Economy

French Economy Contracts as Exports Fall

A report released by OECD warned that the growth of the country is falling behind southern European countries that have cut labour costs to induce growth. 15th November 2013 The French economy contracted by 0.1 percent, negating the prospects of revival from robust growth in the previous three months. It had been expected to post...
Economy

Seven KPI’s For Purchase-To-Pay Process Success

A review of case studies found that early pay discounts could amount to approximately U.S. $2.2 million per U.S. $1B spend. 14th November 2013 Companies are experiencing increased pressure across their international supply networks. They’re often involved in complex customer and supplier relationships and must be able to handle the complex transactions that take place. ...
Economy

How Mats Helped A Building Society Create Award-Winning Customer Experience

Peter Dockerill, Lending and Savings Manager at The Cambridge Building Society. 11th November 2013 Customer experience has never been more important. For financial services firms facing intense market competition, regulatory scrutiny and a public with the means of sharing opinions widely on social and digital media, there’s a narrow divide between making and breaking a...
Economy

More pension managers taking advantage of changes to market conditions as they arise

Written by Gary Howes. 28th October 2013 Significant improvement in funding levels may well have triggered some changes to asset allocation to lock in some of the positive performance. Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit pension schemes for UK companies remained unchanged over the month of September. According...
Economy

Dollar is world’s default currency

Written by Richard Northedge. 28th October 2013 While the US teetered on default, the dollar held steady. Perversely, even while America’s economy and political system showed their weaknesses, its currency remained strong. The truth is that the world has nowhere else to go and already has so much invested in the US that it cannot...