Thursday, Apr 2, 2026

International Finance

Tag : European Union

Fintech

Enforcing debt when trading with Eurozone customers

International Finance Desk
by International Finance Desk
Implications of Brexit and the importance of a carefully designed risk management strategy Sophie Brackenbury September 19, 2016: Our commercial dispute resolution team was recently instructed to advise on the enforcement of a debt owed to a German business (our client) by a UK company, as part of our debt recovery service.  The outcome was...
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Banking

Lessons for the first-time adopters of IFRS

International Finance Desk
by International Finance Desk
Saket Modi There is evidence to suggest that the move has resulted in more comparable and more transparent financial statements June 1, 2016: The year 2015 was a historical one for the world of finance and capital markets. It marked the 10th anniversary of mandatory adoption of the International Financial Reporting Standards (IFRS) by listed...
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Banking

European Banking is getting Scary

International Finance Desk
by International Finance Desk
The loss of confidence in the European banking system stemming from the Cypriot crisis will not only weigh on the banks but also but also on the economy of the region. The European Banking Crisis The European banking crisis has a dark history, on September 29th 2009, governments of European bigwigs Germany, Iceland to name...
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Banking

Lloyds Bank to cut 3,000 jobs

International Finance Desk
by International Finance Desk
This follows Britain’s decision to quit the European Union July 28, 2016: Lloyds Banking Group is set to cut 3,000 jobs and shut 200 branches as it prepares for a cut in interest rates following Britain’s decision to quit the European Union, it said. The bank, which is 9 per cent owned by the government,...
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Economy

‘Brexit will cut global economic growth by 0.1 per cent’

International Finance Desk
by International Finance Desk
Also, the referendum may distract EU decision makers from core areas Suparna Goswami Bhattacharya July 28, 2016: Almost a month after the UK decided to exit the European Union, economists around the globe have come out with data suggesting that the referendum has had a mixed impact on the global economy with certain areas getting...
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Economy

China: Going with the wind

International Finance Desk
by International Finance Desk
There are economic factors behind Asian giant’s interest in wind energy Suparna Goswami Bhattacharya January 11, 2016: China has begun a new journey. The journey towards a greener future. And it is not surprising given the fact that the country emits 23.42% of global CO2 emissions as per a report by GermanWatch, a non-profit organisation...
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Economy

Russia seeks a bite of Latin America

International Finance Desk
by International Finance Desk
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...
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Fintech

Scottish independence: The question of your data

International Finance Desk
by International Finance Desk
If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...
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Economy

WTO rules against Argentina’s protectionism

International Finance Desk
by International Finance Desk
Says South American country’s import restrictions breach global trade rules Kamilia Lahrichi August 25, 2014: International pressure on Argentina is increasing as the World Trade Organization (WTO) ruled on August 22 that the South American country’s import restrictions breach global trade rules. The 170-page ruling sided with the European Union, the United States and Japan...
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Economy

French woes continue, industrial output falls in May

International Finance Desk
by International Finance Desk
Unofficial survey brings no good news for June as output levels and new orders witness sharp decline, reports Team IFM Paris, July 15, 2014: Quick recovery continues to prove elusive for France, the world’s fifth largest economy by nominal GDP, with industrial production taking a plunge in May, accompanied by inflation that hit its lowest...
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