The new rule limits the ability of consumers to sue financial companies. This should be read in the context of the Trump Administration trying to repeal the Dodd–Frank Wall Street Reform and Consumer Protection Act. A rule that was years in the making, intended… Read More ›
By pulling off three Eurobond sales in just over a year, Konstantin Vyshkovsky has shown he can dodge sanctions imposed against Russia. But as the country looks to swap $4 billion of old foreign bonds for new ones, the Finance… Read More ›
As the emirate’s neighbors want a solution “that will stick,” there’s little likelihood of a quick resolution to the Gulf standoff over Qatar, reported the media citing a senior United Arab Emirates official. A clear signal that the emirate is… Read More ›
The plan envisages a repeal of many safe-guard laws whose provisions increase the compliance cost for big businesses. In a first step towards U.S. tax reforms, the U.S. House of Representatives has released budgetary proposals for the fiscal year 2018… Read More ›
Thailand expects almost 35 million foreign tourists — equivalent to half the country’s population, tourists to visit the country this year. And the government is shifting strategy as the influx gets harder to manage. Tourism Minister Kobkarn Wattanavrangkul said that… Read More ›
When one considers any form of big and swift moves, this year has been one of the quietest on record for the global markets. however, volatility could soon rear its ugly head if history is an indication. Noting its lowest… Read More ›
As per WSJ’s report, Houston-based EnerVest Ltd stands out because only 7 private-equity funds worth more than $1 billion have ever lost money for investors. As per a report filed by the Wall Street Journal, a number of lenders, including… Read More ›
While Barnier and Davies thrash out the larger issues, working groups on either side will focus on issues, including, recovering Britain’s budgetary dues to the EU, citizen’s rights, and other tidbits. On Monday, when Britain’s Brexit Secretary David Davis meets… Read More ›
Iran actually has a host of other opportunities in less obvious areas even though the country has piqued financial interest throughout the world for its massive energy reserves, according to one global investor. The cheap labor, abundance of natural resources,… Read More ›
As Italy went through a double-dip, record-long recession, the number of Italians living below the level of absolute poverty almost tripled over the last decade. National statistics agency Istat said that up from almost 1.7 million in 2006, the absolute poor, or those… Read More ›
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