Search Results for: Ukraine
Lifting sanctions on Iran opens up business opportunities
May 9th, 2016
Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 30 per cent of the economy of the second-largest country in the Middle East after ...
Central European economies not performing up to potential, IMF warns
May 6th, 2016
Falling productivity, low investment, and high migration are withholding central, eastern and southern European economies from returning to their pre-crisis potential, the International Monetary Fund has warned. In its economic outlook for the region, the fund said that the ...
Global Capital Flows: Why No Crisis (So Far) This Time?
April 12th, 2016
Here’s the puzzle. Outflows of international capital from emerging markets around the world played a key role in causing financial shocks and steep recessions all over the globe in the late 1990s, including the east Asian financial crisis affecting ...
David Cameron had stake in father’s offshore trust
April 8th, 2016
David Cameron has said he and his wife Samantha owned shares in an offshore trust set up by his late father, before selling them for £30,000 in 2010. The PM has faced questions over Blairmore Holdings, an offshore company ...
Can A Divided OPEC Agree On Anything In Doha?
April 6th, 2016
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha on the coast of the Persian Gulf. The meeting could ...
Credit Suisse, HSBC dismiss ‘Panama Papers’ tax avoidance allegations
April 6th, 2016
Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed on Tuesday suggestions they were actively using offshore structures to help clients cheat on their taxes. Their comments came a day after a leak of four decades ...
Revealed: the $2bn offshore trail that leads to Vladimir Putin
April 4th, 2016
A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin. An unprecedented leak of documents shows how this money has made members of Putin’s close circle fabulously wealthy. Though the ...
UBS, Credit Suisse interested in advising on Russia privatization
March 30th, 2016
Swiss banks UBS and Credit Suisse are interested in advising the Russian government on several privatizations as long as the deals do not violate sanctions, three banking sources told Reuters. The banks responded to a request for proposals that ...
Hackers Breach Law Firms, Including Cravath, Weil Gotshal
March 30th, 2016
Federal investigators explore whether cybercriminals stole confidential information to be used for insider trading Hackers broke into the computer networks at some of the country’s most prestigious law firms, and federal investigators are exploring whether they stole confidential information ...
Round tables held by ACCA and Grant Thornton: Audit needs to respond more quickly to change
March 28th, 2016
Round tables point to concerns over Audit in developed countries A series of round tables held by ACCA (the Association of Chartered Certified Accountants) and Grant Thornton in seven countries across the world has revealed a series of highly diverse opinions ...
