International Finance

Category : Economy

Debt Equity Swap

In a debt for equity swap, the participating creditors receive equity interests in a reorganised capital structure in consideration for reducing their debt claims against the company. 1st October 2013 Electra Partners, an independent private equity fund manager based in London has taken a controlling stake in holiday park operator Park Resorts, in a deal...

Kenya Sets Framework to Manage New Petroleum Wealth

International Finance Desk
New oil find in northern Kenya’s Turkana County could reduce poverty for over 900,000. 24th September 2013 Country-owned framework involves local communities in managing petroleum wealth New oil find in northern Kenya’s Turkana County could reduce poverty for over 900,000 Transparent revenue-sharing, skills programs for youth essential to sustainable development Kenya is abuzz with talk...

European Union Association Agreement

International Finance Desk
European Union Association agreements are international agreements that the European community / European Union has concluded with third world with the aim of setting up an all embracing frame work to conduct bilateral relations. 24th September 2013 Kremlin has warned Ukraine that if it goes ahead with a planned agreement on free trade with the...

Poland Doing Business 2013

International Finance Desk
Poland has recorded the biggest improvement globally in terms of facilitating local enterprise. 24th September 2013 Poland is undertaking a series of reforms to improve its business climate. In recent years the country has achieved the biggest improvement globally in terms of facilitating local enterprise. These accomplishments include improving business registration for entrepreneurs, streamlining the...

India:Corporate Social Responsibility

International Finance Desk
The World Bank seeks to strengthen the collaboration between corporate business strategies and national development priorities by supporting the Government of India’s Ministry of Corporate Affairs. 23rd September 2013 What is corporate social responsibility? Corporate Social Responsibility (CSR) is often defined as corporate responsibility, corporate citizenship, social enterprise, sustainable development, triple-bottom line, corporate ethics, and...

Currency Overvaluation Could Plunge Argentina into Crisis

International Finance Desk
The official inflation data has been widely viewed as inaccurate by economists, created by a corrupt government to hide the real cost of inflation and allowing it to underpay its debts. 21st September 2013 Argentina’s economy minister announced earlier this week that its economy is expected to grow by 6.2 percent next year; its Gross...

“Septaper” delayed by Fed

International Finance Desk
The S&P rose by 1.2 percent to 1,725.48 at 4:02 P.M in New York, the yield on the 10 year Treasury note dropped 15 basis points to 2.70 percent. 20th September 2013 In an unexpected move The Federal Reserve refrained from reducing its $ 85 billion bond buying, saying it needs more evidence of lasting...

Jan-Peter Olters: The Catch-up with Europe Is Now Possible

International Finance Desk
Kosovo has made considerable inroads into closing the income gap with other countries in Southeastern Europe and the EU. 20th September 2013 Analysts’ assessments of Kosovo’s development fluctuate between disastrous (en route to becoming worse) and resilient (with the potential of considerable growth acceleration). Available statistics help to underpin any view on the state of the...

World Awaits “Tapering”

International Finance Desk
The decision and economic projections are out at 1800 GMT while Fed Chairman Ben Bernanke will start his press conference half an hour later 19th September 2013 Today’s Federal Open Market Committee meeting  will be seen with huge interests by investors, financial markets, currency strategists and commodity traders as the world’s most powerful central bank...

New Partnership Takes Fresh Approach to Creating Jobs and Strengthening Private Sector Growth Potential

International Finance Desk
The World Bank Group and other development partners already provide valuable support to developing countries in helping strengthen private sector growth. 19th September 2013 A new partnership among the World Bank, the European Union and the African, Caribbean and Pacific Group of States (ACP) Secretariat, along with the governments of Austria and Switzerland, convened for...