When French President François Hollande (aka Mr. Flabby in the French press) announced just a few months ago while on a state visit to Japan that the EU recession was well and truly over
Today average Brazilians are having trouble making ends meet paying for everyday products or household goods. Riots erupted in Brazil against the Pope’s visit to Rio de Janeiro.
Cybercrime is any criminal activity that involves IT technology. It could include diverse areas such as simply downloading illegal movies or music from the internet in its basic every format or it could extend to hacking into systems and using information or stealing.
A new Nielson survey on global consumer confidence for the 2nd quarter this year reveals that confidence is improving around the world. It works out to 55% of people around the world that believe that we are currently going through a recession, which means that this is the lowest figure surveyed for over two years.
A report just out by Coutts (the private wealth-management bank) has pointed the wagging finger at British rich and famous, the millionaire’s club for not protecting their wealth enough.
As the Duchess of Cambridge goes into labor (finally after the press has been camping out in London in front of St Mary’s Hospital for more than two weeks now) the question that springs to mind is how much will the royal baby bring in to the country in terms of spin-offs.
Apparently, figures have just been released showing that 591 million Chinese are now on-line. That’s an increase of+10% on last year’s figure. So, the Chinese are connected.
Sovereign debt is the bonds that are issued by national governments in foreign currencies with the intent to finance a country’s growth. The risk involved is determined by whether that country is a developed or a developing country, whether that country has a stable government or not and the sovereign-credit ratings that are attributed by agencies to that country’s economy.
The OECD has stated in a report commissioned by the G20 that there will be “global tax chaos” in the next few years due to falling tax revenues from multinational companies around the world.
Oh, please! What happened to the world that I and most people grew up in? The one where Russia was the enemy, the USA the good guys and never the twain shall meet in true Rudyard-Kipling fashion.
For once it might seem just a little better if you have greying temples and are a bit hard of hearing these days rather than young and boisterous, raring to go and hit the career ladder, thinking that you’re going to get to the top in one go.
As the trial of Fabulous Fab gets under way in Manhattan, there is someone that will be hearing the clinking of champagne glasses as they celebrate the doubling in profits of the rogue ( well, we love a scapegoat in the story, even though we all know it can’t be true) trader’s former employer, Goldman Sachs.
Fancy making some easy money? Just go in for the ‘Blueprint for Britain’ competition that is being staged by The Institute for Economic Affairs which is asking participants to provide a 2, 000-word piece on how the UK would be able to leave the EU and get around problems such as fitting into the geopolitical landscape and still surviving but going it alone.
Former Goldman Sachs trader Fabrice Tourre goes on trial this week, accused by the Securities and Exchange Commission of willingly misleading investors while he was vice-president of the bank.
