After years of relentless focus on costs, settlements and regulations, the future of banking is looking brighter, agreed panellists in a session at the World Economic Forum Annual Meeting. On the regulatory front, the majority predicted a significant paring-back of regulatory regimes such as Dodd-Frank, the Volcker rule and Basel IV.

Published in Financial News

Gigantic corporations lead in business today: fewer than 10% of public companies worldwide account for 80% of all corporate profits. But the giants of world business are challenged to manage their enormous scale, create new products and contribute to society, agreed leaders of global manufacturers, technology companies and banks in a session on the opening day of the World Economic Forum Annual Meeting.

Published in Financial News

O
n June 13, St. Francis Assisi, a California-based nonprofit mutual benefit corporation, on behalf of Assyrian Christians, filed a complaint in the Northern District of California against the Kuveyt-Turk Participation Bank, Inc., and Kuwait Finance House for damages Assyrian Christians suffered at the hands of the Islamic State in Iraq and Syria.

Published in Intelligence

I
n light of the termination of the US dollar convertibility to gold (end of the Breton Woods exchange rate system, 1971-73), there has been reported a considerable rise in the short-term volatility of the relative price between countries—a dramatic mean-reverting, fluctuating behaviour.

Published in Economy

H
erodotus tells us that it was Croesus, King of Lydia, the land from which, according to Livy, the Etruscans came, who invented the minting of coins - hence currency - by impressing his seal on the electrum, a natural alloy of silver and gold. According to ancient history, it was a temporary stopgap.

Published in Economy

N
ot much attention has been paid to the insidious and hidden Deep State Plutocratic/Oligarch control of the U.S. Courts and its corresponding judiciary, whether state, federal or local.

Published in Americas

F
ixed deposits are a popular financial instrument when it comes to investments over land, gold, or other property assets, thanks to one of the highest interest rate on Fixed Deposit. The amount of risk involved with a fixed deposit is almost negligible and makes for a better investment when compared to investing in other venues. The best fixed deposit rates in India and high returns on investment only add on to the popularity of a fixed deposit.

Published in Economy

The abrupt demonetization move by the Modi government on November 08 ostensibly to track black and fake money in circulation without any proper plan to save the common people has made the common people go mad. While making this important announcement the Modi government obviously refused to take both people and the Parliament into confidence, thereby causing additional existential worries to common people.

Published in Asia-Pacific
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