Search Results for: BVI
Is The Whole World Slowing Down?
April 6th, 2015
The stats just keep getting stranger and, if you’re a policymaker or an investor, scarier. According to a (now widely publicized) McKinsey & Co study, instead of deleveraging after the debt-induced crisis of 2008-2009, the world borrowed another $57 trillion. ...
Greek bonds are a risk for most but a big opportunity for some
April 6th, 2015
Small though it may be, the Greek government bonds market could under certain conditions prove to be the success story of the year, especially for those attracted by risk. Its size, according to market professionals, is around 10 billion ...
Greece’s Prime Minister Tsipras Heads to Moscow as Bailout Talks Drag On
April 6th, 2015
Greek Prime Minister Alexis Tsipras will be walking a fine line in Moscow this week, aiming to demonstrate an independent streak to voters at home without irritating the European Union as he negotiates for urgently needed funding. Greek officials and ...
Iran Moves Closer to Restoring Oil Exports on Nuclear Accord
April 3rd, 2015
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The preliminary agreement outlined Thursday signals the Persian Gulf nation may ...
Greece, lenders, fail to unlock aid so far – officials
March 31st, 2015
Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday. Athens faces the prospect of running ...
Petrobras Investors Claim PwC Ignored Red Flags of Fraud
March 31st, 2015
Investors in Petroleo Brasileiro SA, the state-run oil company at the center of a kickback scandal in Brazil, expanded their lawsuit against the company by adding claims that auditor PricewaterhouseCoopers LLP turned a “blind eye” to the fraud and ...
China’s Consumption Transition
March 20th, 2015
A standard pattern of long-term economic development is that a country goes through a period of higher savings and investment, along with correspondingly lower consumption levels. After the growth spurt, consumption levels rise again. For illustration, here’s a figure ...
The Role of Securitization in Dealing with the Banking Problems
March 20th, 2015
One of the main problems that our banking sector is facing is obviously the incredibly excessive amount of non-performing loans (NPLs) on our banks’ balance sheets that reached almost 50% (about €28 billion) of their total loan portfolio! A ...
COLWMA Recognises FxPro as Best FX Service Provider
March 19th, 2015
For the second year running FxPro has been recognised as Best FX Service Provider at the prestigious City of London Wealth Management Awards (COLWMA). The ceremony was hosted by Natasha Kaplinsky at London’s Guildhall in the heart of the ...
Fed Likely to Remove ‘Patient’ Barrier for Rate Increase as Soon as June
March 11th, 2015
Shift at March meeting would create policy flexibility; inflation outlook key on Fed-funds increase The Federal Reserve is strongly considering removing a barrier to raising short-term interest rates as early as June by dropping its promise to be “patient” before acting. ...
