Crisis Reveals Growing Finance Gaps for Developing Countries

Research shows poorer countries are short of $270- $700 billion for 200

Continue Reading Add comment May 22nd, 2009

WTO praises EU’s stance on multilateral trade and support for developing countries

In its 9th review of the European Union’s trade policy, the World Trade Organisation has praised the EU for its instrumental role in strengthening the multilateral trading system and its leadership in the Doha Round of world trade talks.

Continue Reading Add comment May 22nd, 2009

China’s economy holding up well despite major hit from global financial crisis, says World Bank

While China’s real economy has been hit hard by the global crisis, it is still holding up, according to the World Bank’s latest China Quarterly Update released.

Continue Reading Add comment May 22nd, 2009

7th Most Politically Stable Country World Wide Located in Central America

A recent report by The Economist Intelligence Unit lists Costa Rica as the 7th most politically stable country worldwide.

Continue Reading Add comment May 22nd, 2009

HSBC Commercial Banking responds to the Budget for 2009

Mark Hemingway, spokesman for HSBC Commercial Bank, said:

Continue Reading Add comment April 24th, 2009

SIFMA and ESF Welcome UK Government’s 2009 Asset-backed Securities Guarantee Scheme

The Securities Industry and Financial Markets Association (SIFMA), together with its affiliate the European Securitisation Forum (ESF), welcomed HM Treasury’s

Continue Reading Add comment April 24th, 2009

Chancellor cracks down on Tax Avoidance but BDO says flatter Tax System is the answer

UK tax legislation now exceeds 10,000 pages

Continue Reading Add comment April 24th, 2009

SDLT measures bold, but only for certain investors

The Chancellor has, as expected, announced the extension of the existing temporary relief from Stamp Duty Land Tax (”SDLT”) for acquisitions of residential property costing not

Continue Reading Add comment April 24th, 2009

Government revenues decimated since November PBR projection - 22% fall in Corporation Tax alone

The dramatic deterioration of the public finances was laid bare by Treasury figures showing that the total Government tax receipts in 2008/09 were over 9 per cent

Continue Reading Add comment April 24th, 2009

5th Summit of the Americas: Leaders Adopted the Declaration of Commitment in Port of Spain

President Obama attended the 5th Summit of the Americas along with 33 other leaders, where he offered U.S. assistance to Latin American nations most affected by the economic storm.

Continue Reading Add comment April 22nd, 2009

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