The IMF urged the European banks to clear up the bad loans while acknowledging that important things had been done in Europe, and the euro zone in particular, to shore up the banking sector.   Jose Vinals, the director of the Monetary and Capital Markets Department at the International...

Arrests and investigations in the Chinese financial sector, began after the summer stock market crash, has intensified in recent years. They are creating an atmosphere of fear among financial companies in China and contributing to cooling investment sentiment. Many observers have noted that the...

Almost 16% of the 250 million Indonesians live on $ 1.90 a day or less. 6% of 15 million people in Cambodia has to limit themselves with about the same amount. In both countries, rice is the main crops that provide poor people with more than half of the calories a day. Yet, Cambodians in need have...

The most important thing is certainly people, who became victims of inhuman cruelty. The terrorist attacks, that took place in Paris, stirred up the whole world, which started from a terrible tragedy that claimed 132 people according to the latest figures. Paris is a kind of "Mecca" of world...

UN Secretary urges the world to address the issue of ‘digital divides’ in order to effectuate “Sustainable Development Goals”. The UN’s Secretary-General, Ban Ki-moon believes that in order to meet the targets of the “Sustainable Development Goals” that have been adopted recently, one needs to...

The Parisian tragedy is greatly changing the financial landscape. Unfortunately, the markets are cynical. Even these events are necessary to analyze in terms of cash flow. The Friday events have very badly coincided with the macroeconomic situation in Europe. Just two weeks ago, Head of the...

Blackstone Group's capitalization grew by almost 4-fold since the IPO in 2007. Yet, the largest private investing firm from Wall Street has shown even more impressive growth in its real estate division, with assets increased from $ 17.7 billion to $ 100 billion for 8 years. Blackstone’s Head...

US retail sales in October this year increased by 0.1% compared with the previous month, according to the Ministry of Commerce. Experts surveyed by Bloomberg expected a more significant growth rate - 0.3%. In September, retail sales also rose by 0.1%; the rate for that month was revised. Retail...

The credit rating for Ukraine was further reduced on Thursday by credit rating agency Fitch Ratings to D from Triple C.   This credit rating essentially translates into the statement that it was now eminent that Kyiv would default on some of its foreign debt.   Templeton Asset...