Friday, Nov 22, 2024

International Finance

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Fintech

Dubai Sets Up First Solar Plant

International Finance Desk
by International Finance Desk
The Supreme Energy Council is trying to reduce Dubai’s dependence on oil and gas, the gulf state aims to produce one percent of its energy needs using solar power by 2020 and five percent by 2030. 24th October 2013 Dubai inaugurated the first phase of a solar energy park on Tuesday and plans to build...
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Economy

Montreal Protocol could spell death knell to Emerging Economies

International Finance Desk
by International Finance Desk
International Finance Magazine brings out the ill effects of Montreal Protocol on emerging economies such as India, Brazil, emerging dangers to the Indian Defence and Obama’s “personal” political priorities on signing the agreement. 13th September 2013 In recent years, focus on the international regime of climate change negotiations, notably represented by ongoing deliberations surrounding the...
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Economy

U.K. Economy Stages Impressive Recovery

International Finance Desk
by International Finance Desk
The Organisation for Economic Co-operation and Development (OECD) said the U.K economy is growing at an annualised rate of 3.7 percent this quarter and some economists reckoned it could top 4 percent by the end of this quarter. 12th September 2013 Britain’s economy has finally started to recover from recession as  surveys showed business activity...
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Islamic Banking

Could Ratings Help Boost Transparency in the Trillion-Dollar Islamic Finance Market?

International Finance Desk
by International Finance Desk
Those involved in Islamic finance readily agree the 40-year-old market has reached a juncture where it must develop further transparency to address concerns about the security of its products. When Dubai’s biggest investment conglomerate, Dubai World, stunned markets last November with a request to freeze repayments on $26 billion in debt, the upstart Gulf emirate...
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Economy

Asia’s Last Safety Net: Pensions in an Aging Continent

International Finance Desk
by International Finance Desk
Many governments are now confronted by a substantial and highly vulnerable segment of the population in urgent need of some form of social protection, largely because older people are disproportionately affected by poverty. As the region’s families change and populations age, the elderly are being left behind. National pension systems, and creative policy decisions, are...
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