Paramount Trade: US no 2 bank by assets posts 18% slide in quarterly profit on global economic outlook. Paramount Trade: Bank of America, the no. 2 US bank as measured by assets reported an 18% decline in Q1 2016 profit versus the same quarter in 2015. A significant proportion of the decline occurred in its […]
Merchant Cash Advance Companies: 3 Reasons Why They’re Good for Your Small Business
As far as the global economy goes, 2016 did not start off on the best foot. Beginning with additional stock market instability in China, the past two months this year has seen highly unstable markets throughout the major economies, an American financial community bracing for another interest rate hike from the Fed, and up north […]
Union International Comments as ECB Toughens Stance On Greece
Union International: The European Central Bank will no longer accept Greek bonds as collateral for loans, raising the pressure on Greece’s banks. Union International: The European Central Bank has said it will no longer accept Greek government bonds as collateral for loans. The central bank said its decision was based on legitimate concerns that the […]
West Africa Single Currency: The Lesson To Learn From European Single Currency By Dr. Mehenou Amouzou
(1888 PressRelease) Before talking about a single currency or economic association between the states members, we need to examine the current political structure that allows a single faction to confiscate power for twenty years or more. Western Africa states which are represented by Economic Community of West African States (ECOWAS), a commission comprised of countries […]
Banks Still Dual-Tracking in California
California has long been considered the epicenter of the nation’s worst housing crises in generations. In order to stem the tide of foreclosures, last year Governor Jerry Brown signed into law the Homeowner Bill of Rights. The Homeowners Bill of Rights is essentially a series of related bills meant to protect homeowners from some of […]
G8 and Nigeria’s Oil Wealth: Corruption and Wealth of a Nation
http://afripol.org It is all over the news that G-8 leadership gathering in Northern Ireland in June will discuss the issue of corruption in the management of Nigeria’s oil wealth. The problem of corruption in Nigeria and indeed Africa is an old and tiring story not because it has lost its importance but for the fact […]