Archive | January, 2012

India's forex reserves down

India's forex reserves down Mumbai, Nov 24 — India's foreign exchange (forex) reserves went down by $ 32.7 million and stood at $ 293.52 billion for the week ended Nov 16, the Reserve Bank of India (RBI) data showed. The reserves had went down by $ 781.5 million to $ 293.55 billion … Read more [...]

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AfDB to manage part of Africa's $500bn foreign reserves

AfDB to manage part of Africa's 0bn foreign reserves A PORTION of the $ 500 billion foreign reserves, being kept in the Western world and Asia by African countries, may from next year, come under the management of the African Development Bank (AfDB). Specifically, AfDB, is expected to deploy the portion, … Read more on [...]

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Latest Quantitative Easing News

Russian-style quantitative easing may sow trouble Leading bankers acknowledge the latter problem, but argue that the solution is for Russia to go even further in copying the quantitative easing policies seen in the West by providing multi-year financing. “It's not only about inflation and monetary … Read more on The News International Bank of England [...]

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Latest Price Stability News

China's central bank governor stresses price stability China's central bank governor stresses price stability. (Xinhua). 08:32, November 21, 2012. BEIJING, Nov. 20 (Xinhua) — China will look to stabilize prices in its monetary policies to strike a balance between economic growth and inflation control … Read more on People’s Daily Online Coeure sees risks to [...]

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New Research Says Czech Republic Magnet for Growth and Investment

(PRWEB) May 11, 2005 CzechInvest, the Investment and Business Development Agency of the Czech Republic, announced that Prague has topped an international survey ranking 223 regions across Europe based on economic growth and market size. In the index, Prague has been named the most attractive investment region in Europe. Another international report has named the [...]

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European banks urge one-year delay for Basel III rules

European banks urge one-year delay for Basel III rules The new rules, known as Basel III, are the world's regulatory response to the 2007-09 financial crisis and would force banks to triple the amount of basic capital they hold in a bid to avoid future taxpayer bailouts. The European Banking Federation … Read more on [...]

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Eurozone debt crisis putting the poacher in charge of the pheasants

London, United Kingdom (PRWEB UK) 25 May 2012 Sitting on the dusty shelves of the Eurostat library in Luxembourg is an almost forgotten EU report* published in November 2004. This report charts the frustrated efforts of EU statisticians over an eight-year period to pursuade the Greek government to provide honest and accurate statistics The [...]

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Signs Indicate China Falling Apart Faster Than Most Thought; Emerging Market Report by Profit Confidential

New York, NY (PRWEB) June 04, 2012 The Chinese economy appears to be falling apart fast, according to Michael Lombardi, lead contributor to Profit Confidential. While gross domestic product (GDP) growth figures released by the Peoples Bank of China about the Chinese economy are indicating a slowdown, Lombardi believes there are other indicators that are [...]

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Dominant objective of RBI is price stability, says C Rangarajan

Dominant objective of RBI is price stability, says C Rangarajan While it still remains to be seen if RBI Governor cuts rates this time around, just ahead of the monetary policy review, the Prime Ministers key economic adviser Dr C Rangarajan has said that dominant objective of the central bank is price stability … Read [...]

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Latest Unemployment Rate News

Montana's unemployment rate continues to drop Montana's unemployment rate continued moving downward in October, dipping 0.1 percent to 6 percent. The national rate increased by 0.1 percent in October following a large drop last month. “Montana continued to add jobs over the last month, putting 1 … Read more on Sidney Herald Leader Unemployment rates [...]

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CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]