The Moscow Stock Exchange has announced its IPO, but has so far not released any more concrete details. However, it has been confirmed that the banks handling the IPO will be JPMorgan Chase, Credit Suisse, Sberbank and VTBank. Analysts have suggested it is too early in the IPO’s pre-marketing phase to pinpoint how much the…
Though China’s GDP growth slowed to its lowest in 13 years, the country finished 2012 in a slightly stronger position reporting 7.9 percent growth in the last quarter, compared to 7.4 in the three months before. The overall growth rates for the year topped 7.8 percent, significantly higher than some estimates of 7.5 percent. The…
For home loan borrowers, these record low rates on Massachusetts mortgages have been a Godsend. Many homeowners have been able to secure a lower rate, which will allow them to pay off their loans much faster than they would have been able to, otherwise. Thirty-year mortgages will now be able to be repaid in half…
There is no argument that right now is the perfect time to be considering the US real estate market. So how can we make sure our real estate decision is a sound one? Obviously, doing some research and homework is indispensable. Assess Your Goals Before involved into the deal, you should make sure why you…
The World Bank has stated that despite weak growth forecasts countries should not be tempted by the quick fix of artificially stimulating their economies this year, and should instead invest in developing the backbone drivers of growth. New World Bank President Jim Yong Kim said: “The economic recovery remains fragile and uncertain, clouding the prospect…
Stick to Budget. Budgeting is a critical process which forces you to look at what you’re spending, where you’re spending it, and thus be able to make decision on where changes can be made to meet your financial goals. Invest. Financial investing can either be done independently or through a broker. It is often desirable…
The summer months can be sweltering which means that gardening might seem like a chore. However, this article includes a list of ten tips for successful summertime gardening as well as year round advice. 1. Know What Plants Will Grow In Your Area You can’t grow coconuts in New England. Take a moment to learn…
The EU has released a new draft of regulations that would force countries to take a greater participation alongside the European Stability Mechanism (ESM) rescue fund, or protect the fund against any losses accrued from rescuing banks. The plan was circulated among eurozone finance ministers at the end of last year but has now been…
Since January 23 2003, an exchange control regime authorised by the Venezualan Central Bank (BCV) has been in force in Venezuela, strongly restricting the sale and purchase of foreign currency. This restricted currency market was initially developed by Exchange Control Convention Number One, and was then reviewed by several other Exchange Control Conventions. Resolutions were…
In 2009, a group of parents filed a class action lawsuit with the potential to bring Big Food down to its knees. The parents had taken issue with an ad campaign that tried to pass off Nutella – the chocolate and nut paste – as a healthy breakfast staple, citing the wholesome ingredients used to…
