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Spain Continues to Be Haunted by Bankruptcy Bogey
[06 Aug 2009]
The Spanish companies and individuals filing bankruptcy or insolvency suits in the first two quarters of 2009 had already overtaken the total number of declarations of the previous year, reported the
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Tags: Spain bankruptcy economic crisis
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Australia Outperformed Rest of Advanced Nations
[14 Dec 2009]
The Australian Treasurer Wayne Swan claimed that his country continued to outperform most other nations even as the impact of the global economic crisis eroded almost all economies. He made this state
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Tags: Australia economy ABS RBA Reserve Bank
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Dubai Realty Firms Squeeze Clients for Mirages
[12 Apr 2010]
Until the global credit crisis rocked the Dubai real estate projects, way back in 2008, people continued to invest in these projects blindly without any logical personal debt management. The fallout –
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Tags: Dubai PJSC UAE Deutsche Bank
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Swiss Banks Thrive despite Reversals in Client Secrecy
[18 Oct 2010]
Latest report indicates Swiss private banks resisted client secrecy censures by the US, France and Germany to attract more than 50bn francs ($53bn) of assets since the end of 2007. According to data c
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Tags: Swiss UBS Francs Bloomberg Banking
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Hawala Scare Grips Malaysia Flight of Capital Hurts Economy
[28 Dec 2010]
A recent surge in illegal money transfers to the tune of several billions of USD each year has become a serious concern of the Malaysian central bank as it is feared that it may negatively impact the
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Tags: Central Bank Malaysia Hawala Money Transfer
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China's Jan exports rise 38 percent to $150.73
[15 Feb 2011]
China's exports rose by 37.7 percent year-on-year to $150.73 billion in January boosted by busy shipments ahead of the nation's traditional Spring Festival, according to the General Administration of
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Tags: GDP Japanese Cabinet Office World Bank
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Food prices push 44m into poverty: World Bank
[17 Feb 2011]
Rising food prices have pushed about 44 million people into poverty in developing countries since last June, the World Bank warned.
Food costs are continuing to rise to near 2008 levels, when
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Tags: World Bank Food Price Index food inflation anti-poverty
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Government encouraging exports to contain rising CAD
[02 Mar 2011]
Worried over the rising current account deficit, the government today said that it is providing incentives to exporters to encourage overseas shipment to bridge the rising gap.
"We are concern
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Tags: GDP CAD Reserve Bank fiscal deficit
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World Bank chief urges new role in Middle East
[24 Mar 2011]
The World Bank is rethinking its role in the Middle East and North Africa to tackle economic and social problems that sparked political unrest. The poverty-fighting institution needs to find some way
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Tags: Robert Zoellick World Bank conference IMF neo-liberal economic policies
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China- the World’s favourite Piggy Bank
[29 Jul 2013]
In the backdrop of a ‘supposedly’ slowing economy, there is some good news coming China’s way. This Asian superpower is apparently the World’s most favourite economy to invest in- attracting an astoun
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Tags: China Piggy Bank
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