International Finance

Category : Economy

Economy

Exports, Austerity Help Spain Recover from Recession

Based on a growth prediction of 0.7 percent the Spanish budget for 2014 included less cuts and greater stimulus. 7th October 2013 Spain’s Prime Minister has presented its most pain free budget in many years, banking on a nascent economic recovery gathering steam in 2014. Based on a growth prediction of 0.7 percent the Spanish...
Economy

France Gets Tough on Corporates

Ms.Filippetti accused the online selling giant of having a “dumping strategy” and selling its books at a loss. 7th October 2013 France has approved a law that will prevent online book retailers, including Amazon, offering free deliveries of discounted books, in a bid to protect the country’s struggling traditional bookshops. Aurelie Filippetti, the cultural minister...
Economy

International Finance Magazine, Financial Awards – Mexico 2013

International Finance Magazine announces Financial Award winners for Mexico 2013. 2nd October 2013 International Finance Magazine (IFM), the London based online magazine with a viewership in over 200+ countries announced the financial awards 2013 for Mexico. The recipients have been chosen after a rigorous selection process by the internal team as well as key inputs...
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...
Economy

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...
Economy

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...
Economy

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...
Economy

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...
Economy

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...
Economy

“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...