Tag : Russia

‘The debt problem in China is not hype’

International Finance DeskNovember 7, 2014

by International Finance DeskNovember 7, 2014

American economist James Rickards says collapse of the debt and property bubble there could well be the catalyst for a global economic crisis Suparna Goswami Bhattacharya November 7, 2014: James Rickards, American lawyer, economist, investment banker and author of books of like Currency Wars and Death of Money, is one of the speakers at the...

Banking

Ukraine conflict: UK wants SWIFT punishment for Russian banks

International Finance DeskSeptember 2, 2014

by International Finance DeskSeptember 2, 2014

SWIFT is a crucial real-time gross payment system for cross-border transactions September 2, 2014: The UK will press EU leaders to consider blocking Russian access to the SWIFT (Society for Worldwide Interbank Financial Telecommunications) banking transaction system under an expansion of sanctions over the conflict in Ukraine, Bloomberg reported on Friday, August 29, citing an...