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NEWS

Obama Decries Big Bonuses to Bankers as Risky

04.07.2014

President Barack Obama criticized the bonus-driven culture of financial trading desks at Wall Street banks as a risk to the stability of the financial system. Obama said in an interview to be aired tomorrow on American Public Media’s Marketplace radio program that an “unfinished piece of business” is to address banks that “take big risks because the profit incentive and the ...

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In Uganda Lack of Government Support Stunting Businesses

04.07.2014

The Private Sector Foundation Uganda (PSFU) has blamed the narrow government linkages with the European markets for shrinking trading opportunities for the local business community. PSFU executive director Gideon Badagawa said there is need for Uganda to enhance its competitiveness through strengthening government linkages to penetrate the global market. Addressing journalists at the PSFU offices in Nakasero recently, Badagawa said the Government ...

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China-Korea Economic Agenda: Free Trade &Yuan-WonTrading

04.07.2014

While North Korea is set to top the agenda at talks later today between Chinese President Xi Jinping and South Korean President Park Geun-hye, increasingly close bilateral economic relations won’t be far behind. There are two main items on the economic to-do list for Beijing and Seoul: speeding up free trade talks and opening a direct trading between Chinese yuan, or ...

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Ukraine imposed taxes on pensions

04.07.2014

On 1st of July in Ukraine enacted a law for the prevention of financial disaster. The state’s economical regime will hit the child’s benefits, large deposits and large pensions. If earlier the size of the child’s allowance depended on what account the child was born in the family, now there will be equal benefits - 41 428 UAH. (about ...

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18 Signs Of The Global Economic Crisis

04.07.2014

Even central bankers are issuing frightening warnings about "dangerous new asset bubbles" and even the World Bank is declaring that "now is the time to prepare" for the next crisis, writes  Michael Snyder on the site The Economic Collaps.  Serious economic trouble is erupting not only in USA, but in South America, all across Europe and in Asian powerhouses such as China and Japan.  And ...

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