The Euro-zone agreement was reached after tough negotiations and this brought relief to the economic chaos. There was a 5% rise in the markets and the French and German bank stock prices rose. The agreement has brought a new era of co-operation between the European nations.
The leaders of the 17 Euro-zone nations have agreed to [...]
The World Bank and the U.N. Office on Drugs and Crime (UNODC) has urged the governments to fight financial crimes which includes large-scale corruption, money laundering and terrorist financing.
Emile Van der Does de Willebois, a World Bank financial expert said, “We need to put corporate transparency back on the national and international agenda, it [...]
The usually spit-and-polish financial district of London looked like a holiday campsite. Tents are put up by the anti-capitalist activists who declared to stay there until their message was heeded. They are fighting against “corporate greed.”
The protest began on Saturday with a big rally outside the London Stock Exchange. This protest is part of [...]
On Saturday there was a wave of protests across Asia, the Americas and the Europe. Thousands of people showed their discontent with the economic tides through marches, tallies and some clashes with the police.
The demonstrations in Europe were peaceful, except in Rome, where youngsters turned a peaceful protest into a riot. They set fire to [...]
RBI’s (Reserve Bank of India) monetary tightening strategy in order to tame inflation has been supported by International Monetary Fund (IMF). The IMF has said in its Regional Economic Outlook for Asia- Pacific, “In economies where such overheating pressures remain high, inflation remains above target and inflation expectations have continued to rise, such as in [...]
Indian Finance Minister Pranab Mukherjee calls the leaders of G20 to ensure the growth of the world economy. There is a fear of a double dip recession caused by the problems in the European economy and the still struggling U.S. economy. He has said that the leaders of G20 must discuss to remove the fear [...]
If we are starting our own business we have to do a lot of work to make it a success. When I wanted to start my own business I was thinking of a way to get in touch with people. I knew very well that I cannot go around advertising my product. As internet has [...]
Technology has improved a lot and it is of great help to us. Child abduction has increased and it has become a great worry to the parents. Parents are not able to keep track of their small kids. They are being kidnapped from the school or when they go out to play. A big ransom [...]
We have to wait to see whether the Wall Street protest will change America’s direction. The Wall Street protest is into its fourth week and the protesters are blaming the bankers and hedge fund managers responsible for engendering the financial collapse of 2008. Their latest tack is to occupy the residential area of the millionaires, [...]
Computer and Internet have brought a major change in our lives. They help us to be live witnesses of missed out important events. I am an ardent fan of football and I was eagerly waiting to witness the World Football finals but my exams were on the way and my father refused to take me [...]