International Finance

Tag : banking

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...
Economy

Jan-Peter Olters: The Catch-up with Europe Is Now Possible

International Finance Desk
Kosovo has made considerable inroads into closing the income gap with other countries in Southeastern Europe and the EU. 20th September 2013 Analysts’ assessments of Kosovo’s development fluctuate between disastrous (en route to becoming worse) and resilient (with the potential of considerable growth acceleration). Available statistics help to underpin any view on the state of the...
Economy

World Awaits “Tapering”

International Finance Desk
The decision and economic projections are out at 1800 GMT while Fed Chairman Ben Bernanke will start his press conference half an hour later 19th September 2013 Today’s Federal Open Market Committee meeting  will be seen with huge interests by investors, financial markets, currency strategists and commodity traders as the world’s most powerful central bank...
Economy

New Partnership Takes Fresh Approach to Creating Jobs and Strengthening Private Sector Growth Potential

International Finance Desk
The World Bank Group and other development partners already provide valuable support to developing countries in helping strengthen private sector growth. 19th September 2013 A new partnership among the World Bank, the European Union and the African, Caribbean and Pacific Group of States (ACP) Secretariat, along with the governments of Austria and Switzerland, convened for...
Economy

Romania has a great advantage on developing countries: It is part of the most important economic club in the world, the EU

International Finance Desk
The World Bank experts are involved in a consultancy project which will provide assistance to the Romanian authorities to develop the regional development strategy. 19th September 2013 The experiences and expertise of the World Bank goes back to the 1940s, with the first loan being offered to France – to help with the post-war reconstruction....
FinanceWealth Management

Sound Fundamentals Strengthen Kuwait’s Real Estate Market

International Finance Desk
The oil rich country’ real estate sales grew by 72 percent year- on- year in September , as its residential and investment segments recovered following a fall in sales in the previous months. 18th September 2013 Kuwait is classified as a high income economy by the World Bank and designated as a major non-NATO ally...
Fintech

Trade Weighted U.S. Dollar Index

International Finance Desk
The American dollar is used as the standard unit of currency in world markets for commodities such as gold and petroleum, it also the world’s foremost reserve currency. 16th September 2013 The U.S. dollar slipped against its major counterparts on Friday as the U.S. added fewer jobs than expected in August, with downward revisions in...
Economy

Corporate Share Deals by Non Residents in Germany

International Finance Desk
Capital gains from the sale of a 1 percent or greater ownership interest in a German target by a non-resident are subject to German corporate income tax. 16th September 2013 In general, pre-existing tax losses of a German target company are proportionally forfeited if, within a five-year period, more than 25 percent of the shares...
Islamic Banking

Impediments to the Growth of Islamic Finance

International Finance Desk
The Islamic finance sector is estimated to be worth £ 1.2 trillion, and is expected to grow to £ 1.6 trillion by 2015. 13th September 2013 The 9th World Islamic Economic Forum or WIEF would be held from October 29th to 31st at ExCel London in the United Kingdom, first time outside the Muslim world....
Islamic Banking

Senegal as the West African Hub for Islamic Finance

International Finance Desk
Senegal’s attraction to banks rests on its macroeconomic and political stability. Senegal as the West African Hub for Islamic Finance Senegal’s banking system is one of Africa’s most competitive. Yet, there is still lot of scope for it to expand and improve due its steady economic growth and a large unbanked population. If this rise...