Sunday, Nov 17, 2024

International Finance

Tag : minister

Economy

Iraq refuses to cut oil production

International Finance Desk
by International Finance Desk
Says the country needs funds as it is embroiled in a war with Islamic militants IFM Correspondent October 24, 2016: It is back to square one. When things were finally looking up for the oil market with Iran agreeing to stabilise the market, Iraq played a spoilsport by refusing to join any deal from OPEC...
Read more
Business Leaders

Saudi oil minister removed after 20 years in the job

International Finance Desk
by International Finance Desk
He has been replaced by Khaled al-Falih, who heads Saudi Aramco IFM Correspondent May 12, 2016: After announcing reforms to overhaul the economy in April, Mohammed bin Salman, the deputy Crown Prince of Saudi Arabia announced a government shake-up. The Prince announced the removal of veteran oil minister Ali al-Naimi. He has been removed after 20...
Read more
Economy

Rail budget: No hike in freight fares

International Finance Desk
by International Finance Desk
Focus on improving consumer experience February 25, 2016: The Narendra Modi-led NDA government on Thursday announced the railway budget. Suresh Prabhu, Union Railway Minister, while keeping the freight fares unchanged, announced four special trains — Tejas (with onboard entertainment and other world-class service), Uday (double-decker trains on busiest routes), Antyodaya Express (long distance train for...
Read more
Economy

Grexit avoided, but for how long?

International Finance Desk
by International Finance Desk
Right now, the deal is just an agreement to reach a deal Carsten Brzeski July 14, 2015: After another marathon in Brussels, Eurozone leaders decided on a path towards a third bailout package for Greece. We are still waiting for the official and written summit declaration to be released but here is our first take...
Read more
Economy

Japan trying to revive startup eco-system

International Finance Desk
by International Finance Desk
Back in the ’40s, the nation was known for producing startups that went on to become world-class companies Suparna Goswami Bhattacharya July 6, 2015: For the past two decades, Japan has been searching to get its economic mojo back. Several governments have done their bit, but nothing seems to have paid the desired dividends. In...
Read more
Business Leaders

Greek exit is cause for concern

International Finance Desk
by International Finance Desk
Ignore the spectacle at your own peril, investors warned Nigel Green June 18, 2015: The Greek government seems determined to leave the euro – and investors should not ignore the noise coming from Athens. However, a properly diversified global investor has the least to fear. The European Commission is braced for a “state of emergency”...
Read more
Economy

Too early for a fair assessment

International Finance Desk
by International Finance Desk
Prime Minister Narendra Modi’s government has shown great resolve in trying to tackle problems faced by the Indian economy in its first year in office Giovanni Puglisi June 15, 2015: Since the election one year ago, Indian Prime Minister Narendra Modi has energetically toured the world meeting foreign political and business leaders, promoting his government...
Read more
Economy

‘Focus on EU referendum and get it over with’

International Finance Desk
by International Finance Desk
Industry believes decisive UK election result will help only once all hurdles to growth are overcome quickly Peter Taberner May 18, 2015: Britain is still raising its eyebrows, after David Cameron’s Conservative Party won an outright majority in the general election, after five years in Downing Street as part of a coalition government. It was...
Read more
Economy

Argentina sues and suspends Citibank

International Finance Desk
by International Finance Desk
The reason is the bank’s exit from its bond custody business Kamilia Lahrichi April 14, 2015: The Argentine left-wing government is suing in local courts Citibank Argentina, the country’s 12th largest bank by deposits and a subsidiary of Citigroup, for exiting its bond custody business, Economy Minister Axel Kicillof said on April 8, 2015, in...
Read more
Economy

Singapore draws up smart plans

International Finance Desk
by International Finance Desk
The aim is to be a smart nation within 10 years Suparna Goswami Bhattacharya April 10, 2015: Steve Leonard, the executive deputy chairman of Infocomm Development Authority (IDA), Singapore’s technology development arm, is a busy man. After all, it cannot be any different when you have been bestowed the responsibility of making Singapore a smart...
Read more