Under the current economic environment many countries are confronted with the need for rigorous budget measures to meet deficit-cutting targets. The enormous government debts, resulting from the accum...
Easily the most significant of a mountain of laws now being drawn up in the backrooms of Congress and the Senate with the vigorous intervention of the White House is one that decrees no bank will be s...
The economic crisis slashed global FDI flows by around 40 percent in 2009, affecting, albeit to a varying extent, all countries, all sectors, and all forms of investment. Mergers and acquisitions in...
Even before the recent well publicised economic difficulties experienced by some members of the eurozone – in fact, since it was first launched as a currency – questions had been raised about the ...
No Islamic bank needed to be bailed out during the credit crisis and no tax-payer cash was needed to prop up feckless and reckless lending. Many banks, like the Jordan Islamic Bank (JIB) actually incr...
Merkel made her pitch ahead of a meeting of EU leaders to discuss tightening controls on spending by the bloc’s 27 countries and how charges against the banking industry should be structured. “We ...
Fairfield has not yet decided on the proportion of its shares to be sold, but a banking source familiar with the matter told reporters the stake floated was likely to be more than 25 percent but less ...
Fears that growth could be slowing were heightened by a report showing factory activity in the country’s Mid-Atlantic region braked to its slowest pace in 10 months in June. The employment gauge fel...
Kan, who has made fiscal reform a top priority since taking office, also said he would map out the size of a future sales tax hike by the end of the fiscal year to March 31, 2011. The premier declined...
Japan’s ruling Democratic Party has vowed to fix the country’s tattered finances and pledged to seek a decision on tax reform quickly, paving the way for a likely hike in a politically sensitive c...