International Finance

Category : Economy

Economy

Warnings on risks of closed pension and insurance schemes

Written by Gary Howes. 28th October 2013 Life & pension providers with legacy portfolios are in danger of overlooking the risks posed by their closed books, which frequently need attention at a level that is disproportionate to their value. The warning comes from Equiniti, one of the leading administrators of closed books in the UK....
Economy

CIMA + CIPD = Driving financial performance through people

Professional bodies join forces to transform how organisations measure value and risk.Written by Roberta Murray. 28th October 2013 The Chartered Institute of Management Accountants (CIMA) and the Chartered Institute of Personnel and Development (CIPD) have announced a major new strategic collaboration to foster closer working links between the finance and HR professions, helping to increase...
Economy

EU Signs Historic Trade Deal With Canada

The deal will make Canada the only G8 country to have preferential access to the world’s two largest markets, the EU and the United States. 24th October 2013 The European Union and Canada agreed on a multibillion – trade pact on Friday that will integrate two of the world’s largest economies and paves the way...
Economy

KPN “Poison Pill’s” Slim’s Takeover Bid

“The soccer rules in Mexico and Netherlands are the same, but taking over a large company is not soccer. We may have different rules for this here than in Mexico,” said Jacques Schraven, who heads the foundation. 21st October 2013 Mexican Billionaire Carlos Slim’s effort to take over Dutch Telecom Company, Royal KPN NV, was...
Economy

London Business School Signs Key Deal

The programme is designed primarily to offer SAFE’s employees access to London Business School’s Master in Finance (MiF) programme, which is ranked number one in the world. 21st October 2013 London Business School, which has presence in London, New York, Hong Kong and Dubai signed a landmark Memorandum of Understanding (MoU), with China’s State Administration...
Economy

Restarting Government Seen Harder Than Shutdown

John Koskinen, Deputy Director of Management at OMB said “Significant additional costs, that cannot be determined at this time, include interest payments to third parties” when the government does not pay its bill on time to third parties. 18th October 2013 The US Senate has passed legislation raising the Treasury Department’s borrowing authority, which would...
Economy

Jeremy Siegel Says CAPE Ratio Has a Big Bias

Prof. Siegel says that the CAPE ratio is based on “biased earnings data”- he explains that the changes in accounting standards in the 1990’s, forced the companies to charge large write offs when assets they hold fall in price. 18th October 2013 Analytical investors are always keen to invest at the right moment on a...
Economy

Phillips Curve Model

Phillips observed that one stable curve represents the trade-off between inflation and unemployment and they are inversely related. In other words, if unemployment decreases, inflation will increase and vice versa. 16th October 2013 The Phillips curve suggests there is an inverse relationship between inflation and unemployment, it is an ideal guide for policy makers (central...