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Posts Tagged ‘Finance’

How Will Blockchain Change Financial Markets?

  By Mary Ann Callahan Just a few short years ago, Bitcoin was heralded by many to be the future of money that would open up new payment opportunities and facilitate cryptocurrency trading at a reasonable  BTC to USD exchange rate.

World Bank’s projects to enhance Bangladeshi financial institutions

Reuters photo   By Sheuli Akter Due to limited capacity and market constraints, Bangladesh’s local financial institutions traditionally could not meet the longer-term financing demand for infrastructure investments in the country.

How to Preserve and Grow Wealth in 2017

Tracey Nearmy/AAP   By Siddhartha Rastogi 2017 comes on the backdrop of four major changes the world had not before seen in the 21st century.

Celestial Empire

By Ricardo Swire On Tuesday March 15th 2016 the Barbados Defence Force (BDF) and the Peoples Liberation Army of China signed a multi-million dollar military agreement. The diplomatic protocol signaled another Chinese special equipment contribution to the BDF arsenal.

Feint of Technology

Jayanta Dey/Reuters   By Ananya S Guha I am not an economist so I will not be able to critique the effects of demonetisation in India. Learned pundits including economists have given and are continuing to give their views.

From Ideology To Opportunities: Nigerians Will Murder MMM

Akintunde Akinleye/Reuters   By Madamidola Oladele   “The whole financial world is a pyramid!”   In the beginning was an idea. The idea grew and blew into a system of ideas until finally; the world became governed by ideologies.

Control money and you control the individual

By Hazel Speed Having listened to BBC Radio 4 regarding Sweden’s Central Bank and its plans to consider digital banking, thereby eventually abolishing cash completely, I think this will be the most worrying political sea-change, just when we thought we had seen it all in the last couple of years with the UK Referendum (Brexit) […]

The ‘De-Banking’ Element

By Ricardo Swire Financial institution gurus term the trend “de-risking” or “de-banking.” Over the past five years several major international banks discarded longstanding Caribbean relationships. Barbados, the Bahamas, Eastern Caribbean Currency Union (ECCU), Guyana, Haiti, Jamaica and Trinidad & Tobago all had Correspondent Bank Relationships (CBR) terminated. That US dollar transactions underpin commerce is a […]

The ‘Made in China’ Economy

By Aditya Singh A slowdown is a very natural phase of any business or economic cycle. Cycles are inevitable and this is applicable to China as well as all other economies.

Disenfranchised Funerals

By Hazel Speed There used to be a phrase said as a humorous remark to someone who took ages to get ready to go out, or who arrived late at an event – “You’ll be too late for your own funeral!”

Economic diversification, job skills can help accelerate growth in Bangladesh – ADB

Munir Uz Zaman/AFP   By Sheuli Akter Improved infrastructure and a more diversified economy can help Bangladesh increase economic growth, create meaningful jobs, and enhance the country’s structural transformation as a thriving middle-income economy, say two new Asian Development Bank (ADB) reports.

Arab Brains, Arab $, Why Not?

Reuters photo   By Sami Jamil Jadallah Away from politics for a few minutes. Immediately after Yasser Arafat signed the Oslo Accord with its lucrative contract to manage the Israeli Occupation, there was much excitement among Israeli and Arab capitalists, even among politicians like Shimon Peres, who were dreaming of combining Arab Money with Israeli […]

World Bank increases support for health sector in Bangladesh

Munir Uz Zaman/AFP   By Sheuli Akter Bangladesh has reduced under-five child mortality by 29 percent between 2007 and 2014, and during the same period, births attended by medically trained professionals increased from 21 percent to 42 percent. Despite such remarkable progress made over the last decade, the country needs to go an extra mile.

High interest rates, low financial literacy amongst barriers to Bangladesh RMG remediation

By Sheuli Akter High interest rates and a lack of financial literacy are highlighted as major obstacles to factories in the Bangladesh Ready Made Garment (RMG) sector from obtaining remediation financing according to a report launched by the International Finance Corporation (IFC) and International Labour Organization (ILO).

DRC seek up to $500 million in support from World Bank

Lynsey Addario   By Darell Maurice The Democratic Republic of Congo will seek between $250 million and $500 million in budgetary support from the World Bank this year, pending a review of its economy by the International Monetary Fund next month, the government on Tuesday stated.

Bangladesh appoints new governor after central bank chief resigns over $101 million reserve heist

By Sheuli Akter Amid widespread criticism over a $101 million heist from a Bangladesh Bank account with the New York Federal Reserve Bank, the country’s central bank Governor Atiur Rahman has resigned citing “moral grounds“.

ADB congratulates the opening of China-led AIIB development bank

By Sheuli Akter On the occasion of the establishment of the Asian Infrastructure Investment Bank (AIIB) with its official launching in Beijing, Asian Development Bank (ADB) President Takehiko Nakao has sent his congratulations to the AIIB founding members, Jin Liqun, who was just officially made the first president of AIIB, and the staff of the […]

Making sense of Pakistan’s stock market mess

By Muhammad Rabnawaz Awan The Karachi stock exchange has been generating significant returns for the last three years, but has lost its charm in 2015. A year that began with so much promise has not resulted in the same and the unusual volatility has taken hold of Pakistan’s capital market.