Search Results for: World Bank
Saudi Arabia Has a Plan B to Try to Stop Iran’s Economic Rise
May 26th, 2016
The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up to the global economy doesn’t go smoothly. Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to ...
The top 10 countries with the largest gold holdings
May 26th, 2016
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia ...
Alternative Payments Launches Innovative Global Payment Gateway
May 26th, 2016
The global e-commerce company AlternativePayments.com has launched a new international payments solution. This solution is the ultimate e-commerce equalizer for web retailers looking to tap into the global marketplace by eliminating payment and currency worries. “Our goal at the end of the day ...
Jersey was named “Best International Finance Center”
May 26th, 2016
Jersey was named “Best International Finance Center” at last week’s WealthBriefing European Awards 2016, held at the Guildhall in the City of London. The WealthBriefing European awards, now in their fourth year, recognize and celebrate excellence across the European ...
A new ISO Standards for mobile payments
May 26th, 2016
It is not so long ago that a mobile phone was used to make phone calls. These days, it is used for everything from navigating our way through the streets to paying our bills and managing our bank accounts. ...
Foreign Developed-Market Stocks In The Lead Last Week
May 24th, 2016
Stock markets in the developed world outside the US led the major asset classes higher last week, based on a set of proxy ETFs. Vanguard FTSE Developed Markets (VEA) posted an 0.8% total return for the five trading days ...
HKEX and Thomson Reuters agree for the creation a new series of Renminbi (RMB) indices
May 24th, 2016
Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters today (Tuesday) signed an agreement for the creation of a new series of Renminbi (RMB) indices. The new index series will give the world benchmarks that reflect the development ...
Lebanon declared that Tax data to be shared with foreign states in 2018
May 23rd, 2016
Automatic exchange of financial account information to be handled by specialized agency Lebanon has declared its commitment to the international standard of automatic exchange of financial account information, which aims to combat tax evasion and avoidance, according to a ...
invest.com launches “hedge fund for the people”
May 23rd, 2016
invest.com is the first online investment company in the UK to specialise in alternative investments; It has received $20m investment from a number of global investors including tech VC fund, Singulariteam; invest.com domain name ranks as one of the ...
The Eurozone is the greatest danger
May 23rd, 2016
World-wide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in this financial environment. With markets everywhere disrupted by interventions from ...
