International Finance

Search Results for: United States

Economy

Hope for Cuba’s oil industry

It is the result of the thaw in relations with the US Kamilia Lahrichi January 6, 2015: After five decades of ostracism, the thaw between the United States and Cuba, announced by both Presidents — Barack Obama and Raul Castro — on December 17, could invigorate the island’s oil industry as it has significant resources...
Economy

World Bank Group, Private Sector Can ‘Advance a Common Good’

The World Bank Group is reaching out to the private sector as part of an effort to achieve its goals of ending poverty and boosting shared prosperity. 10th December 2013 Official development assistance alone can’t close big infrastructure gaps in poor and middle-income countries, estimated to cost an extra $1 trillion a year through 2020....
Banking

Rising Fiscal Challenges in the Pacific in 2014 – ADB

Timor-Leste’s fiscal surplus is expected to diminish significantly due to declining petroleum revenues and continued high levels of government expenditure. December 9th, 2013 : Fiscal pressures are expected to increase in the Pacific in 2014, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor, launched today at the offices of the New...
Fintech

Trade Regionalism in the Asia-Pacific: New Game, Old Rules?

By Swarnim Wagle. 3rd December 2013 Negotiations over one of history’s most ambitious trade deals have taken another step towards defining the future of Trans-Pacific trade. The latest round of discussions on the Trans-Pacific Partnership (TPP) wrapped up this past weekend in Salt Lake City, Utah. Negotiators are believed to have made headway on a number of...
Economy

Billionaires: Decline of the West, Rise of the Rest

By Robin Broad and John Cavanagh. 3rd December 2013 With the help of Forbes magazine, we and colleagues at the Institute for Policy Studies have been tracking the world’s billionaires and rising inequality the world over for several decades. Just as a drop of water gives us a clue into the chemical composition of the sea, these billionaires offer...
Fintech

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

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...
Fintech

Hacker’s Now Set Their Eyes on “Source Code”

Cyber crime is carried out by self styled criminals known as “hacktivists”, to organised crime gangs who have a strong understanding of the hardest networks and also from state sponsored adversaries to target banks, financial centres and state owned. 21st October 2013 Experian Data Breach Resolution and the Ponemon Institute have released a new study...
Banking

Chapter 11 Bankruptcy

International Finance Desk
Chapter 11 is a part of the United States Bankruptcy Code, which involves reorganization of a debtor’s business affairs and assets. It is filed by corporations which need time to restructure their debts. September 26, 2013 : Physiotherapy Associates, an outpatient rehabilitation services provider based in Exton has decided to file for Chapter 11 Bankruptcy due...
Business Leaders

Architect of Austerity Angela Merkel Re-Elected

International Finance Desk
Chancellor Angela Merkel won a historic election victory on Sunday as her conservatives scored their best result since reunification in 1990. 23rd September 2013 German Chancellor Angela Merkel scored a resounding victory against her rivals in the national elections in Germany and in the process becoming the only major leader to be re-elected twice since...