ZIMBABWE President, Robert Mugabe has mocked Ghana’s development during a speech in which he was responding to his Vice President who had suggested Ghana is doing well.
Category: International
China Cuts Interest Rates To Rev Up Slowing Economy
CHINA’S central bank cut benchmark interest rates on Friday, answering rising concerns over the health of the world’s second biggest economy as factory activity slows, house prices fall and growth rates slide to their lowest in almost a quarter century.
British Calls On World Leaders To Stop Children Doing Risky Jobs
The British Safety Council has called upon the 190 UN Member States that have ratified the Convention on the Rights of the Child (CRC), to live up to their commitments to stop this from engaging in dangerous jobs.
UK Court Orders Comoros To Pay £110,000 To Union Marine
JUSTICE Males of the English Commercial Court has ordered the Government of the Union of Comoros to comply with an outstanding order of the court to pay £70,000 costs to Union Marine, its current challenge against the Arbitration Award of Mr Bruce Harris will stand dismissed.
UK Prime Minister: World Facing Second Economic Crash
UK Prime Minister, David Cameron has said that “red warning lights are flashing on the dashboard of the global economy” and a second global crash could be looming.
‘Womenomics’ Is Starting To Transform The Muslim World’
THE first convert to Islam was a businesswoman. She was a wealthy trader who inherited her father’s business and later expanded it into an even more impressive enterprise.
Up For Sale: The World’s Oldest Bank
Monte dei Paschi di Siena, which was founded in 1472, is offering itself up to potential buyers after coming out worst in the European stress tests Monte dei Paschi di Siena, Italy’s third largest bank, is reported to have hired advisers to find a buyer for the bank, after the European Central Bank’s recent asset […]
Italy Under Pressure As Nine Banks Fail Stress Tests
ITALY’S central bank was thrown on the defensive on Sunday as its banking sector emerged as the standout loser in health checks aimed at restoring confidence in the euro area’s financial sector.
Banks Ordered To Raise Billions In Crisis Funds
Bank of England demands fresh increase in reserves as 25 European lenders are poised to fail financial stress tests THE Bank of England will this week unveil tough new rules aimed at preventing future financial crises.
Eurozone’s Stress Tests Now Nightmare For Banks
Reports say that at least 11 of the 130 banks being tested by the European Central Bank (ECB) will not stand up to the health checks THE eurozone’s unprecedented tests of its biggest banks’ financial health will fail at least 11 institutions – almost a tenth of the 130 banks being tested by the ECB.