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BELARUS yesterday agreed to terms with Russia on receiving $3 billion in loans over the next three years to help with its deepening currency devaluation and other financial cr View full post on All Stories
document A mission of the International Monetary Fund (IMF), led by Mr. Joannes Mongardini, visited Swaziland from May 4 to May 18, 2011. The mission held discussions on the first assessment under … View full post on All Stories
Bank of America, Morgan Stanley and Goldman Sachs among those questioned by attorney general Eric Schneiderman Wall Street banks are facing fresh high-level scrutiny of their role in the credit crunch as New York’s attorney general opens an investigation into the packaging of mortgage loans into securities. Eric Schneiderman has called for meetings with several [...]
A Chinese central bank adviser warned that emerging economies such as Brazil and India face fiscal and current account deficits and a crisis was “inevitable”. View full post on All Stories
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If Republicans or Obama fail to deliver on promises to restore fiscal credibility, the result could be another major economic crisis. The dueling deficit-cutting plans presented by congressional Republicans and President Obama both promise to restore the nation’s fiscal credibility. But if they fail to deliver, the result could be still higher deficits and the [...]
Portugal now follows Greece and Ireland to the European welfare office to get new loans on condition of ever more drastic spending cuts. View full post on All Stories
Ana Matosantos, California’s youngest-ever budget director, has become the person Gov. Jerry Brown relies on to navigate California’s fiscal crisis. View full post on All Stories
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