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US reports optimistic hiring

International Finance DeskJune 10, 2015

by International Finance DeskJune 10, 2015

Italy and Brazil only countries where employers report negative hiring plans June 10, 2015: The Manpower Employment Outlook Survey, released by ManpowerGroup, reveals US employers’ hiring intentions are among the strongest globally for the third quarter of 2015. Taking into account seasonal variations, the Net Employment Outlook is +16%, which is on par with Q2 2015...

Fintech

‘Payments via mobile phones are predicted to grow to $58 billion by 2017’

International Finance DeskApril 23, 2015

by International Finance DeskApril 23, 2015

IFM spoke to Andrew Schrage, co-founder of Moneycrashers.com, about the changes in payment systems April 23, 2015 Karan Belani How do the various payment systems — cash, cheque, credit cards, net banking, mobile payment — compare in terms of 1. Cost incurred by the customer 2. Safety issues There are virtually no costs incurred by...

Fintech

March windstorms cause billion-dollar damage across Europe

International Finance DeskApril 10, 2015

by International Finance DeskApril 10, 2015

Windstorm Niklas recorded as costliest non-U.S. event in first quarter 2015 April 10,2015: A report by Impact Forecasting, Aon Benfield’s catastrophe model development team, was launched recently and evaluates the impact of natural disaster events that occurred worldwide during March 2015. The report reveals that Windstorms Mike and Niklas swept through western and central Europe at the...

Economy

Russia seeks a bite of Latin America

International Finance DeskApril 2, 2015

by International Finance DeskApril 2, 2015

Renewing and strengthening ties in a bid to alleviate food shortages back home Kamilia Lahrichi April 2, 2015: Russia’s Foreign Minister Sergey Lavrov courted Cuba, Nicaragua, Colombia and Guatemala during a four-day visit to South America in March 2015 to boost bilateral trade, as food shortage is hitting his country hard. Last year, Moscow banned...

Fintech

US continues to lead ecommerce sales

International Finance DeskApril 1, 2015

by International Finance DeskApril 1, 2015

The country also appears to be adopting the shift to mobile at a faster rate than other countries April 1,2015: The United States continues to lead e-commerce among the most Internet-friendly markets surveyed in North America and Europe, according to an international study commissioned by RetailMeNot, the world’s largest marketplace for digital offers. The study,...

Economy

ADB sees strong growth for Asia in 2015 and 2016

International Finance DeskMarch 26, 2015

by International Finance DeskMarch 26, 2015

“Developing Asia is making a strong contribution to global economic growth”, says ADB Chief Economist Shang-Jin Wei. March 26, 2015: Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report. ADB’s flagship annual...

Economy

Investment in clean cooking can return a profit

International Finance DeskFebruary 17, 2015

by International Finance DeskFebruary 17, 2015

But the real benefit lies in the social impact Kamilia Lahrichi February 17, 2015: Large financial institutions, such as Bank of America and Deutsche Bank, and private investors launched a $100 million fund to ease access to clean and efficient cookstoves and fuels at the Cookstove Future summit in New York on November 21, 2014....

Fintech

WhoTrades wants to be No 1 in Latin America

International Finance DeskFebruary 11, 2015

by International Finance DeskFebruary 11, 2015

The global online broker will leverage the reliability of its operation and advanced technologies February 11, 2015: WhoTrades Ltd., a leading global brokerage, winner of the prestigious Foreign Exchange Awards in the Best Deals Execution category and an ambitious player on the brokerage services market, is once again making its presence strongly felt by way...

Economy

Don’t expect cheap birthday presents if you live in Argentina

International Finance DeskJanuary 20, 2015

by International Finance DeskJanuary 20, 2015

Kamilia Lahrichi Administration uses licensing rules to save foreign exchange and shield local industries January 20, 2015: When I set foot on Argentine soil, I did not expect the weather to be so cold in April. As I have avoided purchasing goods in an economy hit by a 38% inflation, I asked my family to...

Economy

Argentina: Russia’s new market

International Finance DeskNovember 14, 2014

by International Finance DeskNovember 14, 2014

The South American country is in a good position to capitalise on President Putin’s embargo on food imports from Europe and Western nations Kamilia Lahrichi November 14, 2014: Russian businessmen met their Argentinian counterparts in Buenos Aires on November 11 to discuss investment projects in the energy, nuclear and mining industries, as Moscow seeks to...