Search Results for: World Bank
Bloc in Europe Starts to Balk Over Austerity
October 17th, 2014
France, Italy and the European Central Bank have coalesced into a bloc against Chancellor Angela Merkel of Germany, and they are insisting that Berlin change course. With Europe once again rattling global markets, many of the largest European countries ...
Fears that Pimco and other Big Firms being unable to unload risky bonds
October 17th, 2014
Financial experts warn that a small group of giant asset managers that have amassed high-risk, high-yield bonds could find themselves unable to raise enough cash during a sell-off. When it comes to high-risk bonds, the asset management giant Pimco ...
Dubai, Saudi, Qatar bourses plunge amid oil price decline
October 17th, 2014
Markets across the Middle East tumbled on Thursday as global equities and oil prices continued to decline, while Saudi Arabia’s drop was magnified by investors selling to prepare for a $6 billion initial public offer of shares. Brent crude ...
The dark market for personal data urges for new laws
October 17th, 2014
Companies should disclose the information they sell about us. Having eroded privacy for decades, shady, poorly regulated data miners, brokers and resellers have now taken creepy classification to a whole new level. They have created lists of victims of ...
IronFX was granted enhanced Financial Conduct Authority (FCA) licence
October 15th, 2014
IronFX Global UK Ltd was granted with an enhanced Financial Conduct Authority (FCA) licence. The enhanced permission will allow IronFX Global UK to deal as principle and agent in investments as well as to hold client funds. With this ...
Calculating the Grim Economic Costs of Ebola Outbreak
October 14th, 2014
The topic everyone on Wall Street is discussing urgently but quietly isn’t the volatile global stock market. It is Ebola. While thousands of health care workers seek to control the deadly virus in West Africa, and the Centers for ...
FATCA and the real cost of compliance
October 14th, 2014
Foreign account tax Compliance Act (FATCA) was introduced by the US government in the year 2010. The main focus of FATCA act is to reduce tax evasion by foreign finance institutions through offshore Accounts and shell companies. Apart from ...
The Age of Vulnerability
October 13th, 2014
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary ...
Financial Education for Entrepreneurs: How to get it right?
October 10th, 2014
Financial education needs a coordinated and integrated approach and to be taught as early as possible. More and better synergies among all players in the financial environment – but not only- are needed, but it is also important to ...
Interview with St. Louis Fed Vice President on Bitcoin
October 9th, 2014
Dr David Andolfatto, who is Vice President of the St. Louis Federal Reserve, has been one of the most forward-looking people at central banks around the world when it comes to crypto-currencies. Here he speaks with Max Rangeley, Editor ...