Global Finance

UN recognises US$1.6 trillion trade finance gap

The International Chamber of Commerce (ICC) has welcomed official recognition of the estimated US$1.6 trillion trade financing gap in the United Nations’ (UN) annual...

Ernst & Young: Argentina – Departure from Political Cycle

The new Argentine government holding office as from December 10, 2015, represents a departure from the political cycle that ruled the country for the...
UK currency, pound stering

Jingle of coins and rustle of banknotes: noises of the past?

By Hal Williams IT’S A CONFUSING time for cash in Britain — maybe even crunch time in the run-up to the Budget. The roll-out of limited...
British Airways

Quarter of BA jobs going: 12,000 staff members face the axe

BRITISH Airways says it will be forced to make up to 12,000 staff redundant because of the global collapse of air travel. CEO Alex Cruz...

Latin America: As Nations Mature Some Are Left Behind

Devoid of subtlety, headlines often fail to convey the real story. While the bumbling and stumbling governments of Brazil and Venezuela dominate the news...
Arm processor

Job-loss fears as UK’s Arm Holdings is sold to Nvidia

JAPAN’S Softbank is selling the UK’s Arm Holdings, whose technology powers most smartphones, to American chip company Nvidia. The California-headquartered firm, known for its gaming...

Middle East: Kuwait – Silver Cloud with Dark Lining

There isn’t an Arabic equivalent to the saying: Fix the roof while the sun is shining. The sun almost always shines in Kuwait –...

Alexa von Tobel (CEO LearnVest): Smart move for a dropout

FINANCIAL planning is rarely considered an activity that attracts passion. Yet for one entrepreneur, it delivered enough fervour to warrant dropping out of Harvard...
UNCTAD logo

Dependence on commodities leaves countries ‘vulnerable to shocks’ and ‘weakened’

THE NUMBER of countries dependent on commodities has reached its highest level in 20 years, according to a recent UNCTAD report. UNCTAD (United Nations Conference...
EU budget, tightening the belt

EU looks to balance post-Brexit books, but it isn’t plain sailing

By Jason Agnew AS BREXIT flounders to its uncertain conclusion, the 27 remaining EU countries are contemplating life after the departure of the most contentious...