Search Results for: Arab
‘King Bibi’s’ reign challenged in Israeli election
March 17th, 2015
Prime Minister Benjamin Netanyahu’s march towards becoming the longest-serving leader of Israel could be halted on Tuesday in an election that has exposed public fatigue with his stress on national security rather than socio-economic problems. Surging rhetoric against Iran and the Palestinians has ...
Speech by Hans Hoogervorst: ‘Bad accounting breeds bad policies’
March 16th, 2015
Speaking today at the NAPF Investment Conference in Edinburgh, Scotland, Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), said everybody is best served by accounting that reflects the economic reality, even if it makes for uncomfortable reading. ...
The ECB and its Watchers XVI Conference: M.Draghi
March 11th, 2015
Summary In January, the ECB decided to expand its asset purchase programme to include government bonds after it became clear that there was a need for more monetary stimulus. Asset purchases are unconventional, but not unorthodox, and they have ...
Basel III monitoring results published by the Basel Committee
March 4th, 2015
The Basel Committee today published the results of its latest Basel III monitoring exercise. The study is based on the rigorous reporting process set up by the Committee to periodically review the implications of the Basel III standards for banks. ...
Gold may take a shine to $1,700 an oz. by 2016
March 2nd, 2015
Don’t expect to see much of a climb in gold prices this year, but a spike to $1,700 an ounce or more could come as early as the summer of 2016. Gold futures prices on Comex closed at $1,210.10 ...
International and regional bodies that combat money laundering (part B)
March 2nd, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Saudis’ Oil Price War Is Paying Off
February 27th, 2015
Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working. U.S. drillers are idling rigs at a record pace, gutting investment plans and laying off thousands ...
Saudi plan to open stock market to foreign investors at ‘advanced’ stage
February 26th, 2015
Saudi Arabia’s plan to open its stock market to foreign investors is at an “advanced” stage, and the kingdom has already received substantial interest from overseas, said a senior economic leader. Prince Saud bin Khalid Al Faisal, the executive ...
Visa Europe: Payment tokenisation service launched
February 24th, 2015
Service protects customer data to enable secure and convenient payments across a variety of technologies Visa Europe today announces its plan to launch a tokenisation service customized for the needs of the European market. Tokenisation technology will be at ...
Yemen FX reserves stabilise but borrowing balloons in political crisis
February 20th, 2015
Yemen’s foreign exchange reserves have stabilised after a steep fall due to its political turmoil, but ballooning government debt issuance indicates the country may be moving closer to a fiscal crunch, central bank data showed on Friday. Shi’ite Muslim ...
