United States – Washington: The World Bank has issued a global forecast in advance of the G20 economic conference of advanced and large developing economies, which indicates that developing countries without adequate credit sources are facing financing shortfalls of $270 billion to $700 billion this year. On March 14-15 in London the G20 finance ministers […]
splitsville only on mtv 7:00pm
SPLITSVILLE If Indian TV broadcasting has to deliver on its promise, it has to do to TV what multiplThe wonder of it never ceases to amaze me. Just 12 years back, you and I were waiting for the Sunday evening film on Doordarshan. As slaves to the state-owned broadcaster, we waited with bated breath for […]
EU’s no to multi-billion dollar rescue package for Eastern Europe
Since the collapse of communism in Eastern Europe, former Soviet bloc countries have borrowed from western nations to finance their growing economies. But with the global credit crisis, it has become increasingly difficult for these developing economies to raise enough capital to pay their debts. European Union leaders have ruled out a multi-billion dollar rescue […]
Iranian president to speak to US
As President Obama said in his inaugural address, our economic strength is derived from ‘the doers, the makers of things.’ The innovators who create and expand enterprises; the workers who provide life to companies; this is what drives economic growth. The financial system is central to this process. Banks and the credit markets transform […]
GP in deals with Oracle Technologies
Grameenphone Ltd., Bangladesh’s largest mobile phone operator recently opted for Oracle technologies to streamline its business operations. The telecom major will be deploying Oracle technology to standardize its IT infrastructure and reduce cost of ownership, thereby enhancing customer service in Bangladesh. An enterprise agreement was inked between Grameenphone, Oracle, DELL and LEADS Corporation, for the […]
USA Nationalizes Corporate Giants in a Socialistic Move!
Is America entering socialistic jargon? Socialists like Indira Gandhi, Hugo Chavez of Venezuela are famous for their nationalization policies. Now America too is stepping into the shoes. In a recent move, the country has taken over three topmost corporate house of the world. Two of the nationalized corporations Fannie May and Freddie Mac are biggest […]
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