Search Results for: IMF

Gouging the Gauchos

July 2nd, 2014 (0)
Like individuals, corporations, and other private firms that rely on bankruptcy procedures to reduce an excessive debt burden, countries sometimes need orderly debt restructuring or reduction. But the ongoing legal saga of Argentina’s fight with holdout creditors shows that ...

Taking Systemic Risk Seriously

June 30th, 2014 (0)
There are two leading views about the world’s financial system. The first, heard mostly from executives at leading global banks and their allies, is that the system is safer than it has ever been. According to this view, the ...

BIS warns over ‘Euphoric’ capital markets

June 30th, 2014 (0)
The Bank for International Settlements (BIS) has warned that “euphoric” financial markets have become detached from the reality of a lingering post-crisis malaise, as it called for governments to ditch policies that risk stoking unsustainable asset booms. While the ...

Will Russia’s friendship with China work?

June 6th, 2014 (0)
When Russian President Vladimir Putin and his Chinese counterpart Xi Jinping signed a huge gas deal last month, the timing couldn’t have been better. It was on the eve of the Putin’s St Petersburg Forum, and just weeks after ...

Spain Plans To Cut Corporate Tax Rate

June 5th, 2014 (0)
Spanish Prime Minister Mariano Rajoy has unveiled plans to cut the corporate tax rate from 30 percent to 25 percent to increase the competitiveness of domestic companies. The tax reduction will come into effect on January 1, 2015, and ...

Russia’s economy fall sharply in growth

May 16th, 2014 (0)
Russia’s economy slowed sharply in the first three months of 2014 as the Ukraine crisis slammed business confidence and investment. Official Russian statistics showed gross domestic product grew by an annual rate of 0.9% in the first quarter. That ...

Draghi Sets Clock Ticking for June Stimulus by ECB

May 9th, 2014 (0)
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst. Cutting the euro area’s benchmark interest rate to a record tops the list of options for the ECB President after ...

China Buys Friends and Influences Nations

May 6th, 2014 (0)
If you can’t beat them, outspend them. That seems to be the thinking behind a huge new infrastructure investment fund being promoted by China as an alternative to established international lending agencies. It’s a terrible rationale for starting a ...

Tax inspections in Greece are increasing

April 30th, 2014 (0)
It’s Saturday night going on Sunday morning at a club near the gated homes of the Greek elite in northern Athens as two men and a woman in business suits push through the crowd and demand to see the ...

Obama Says U.S. Ready to Move on Russia Sanctions

April 24th, 2014 (0)
President Barack Obama said the U.S. and its allies have additional sanctions against Russia ready to go as the crisis in Ukraine escalated with Ukrainian security forces moving against pro-Russian separatists. Russia has yet to act in the spirit ...
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