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336 words According to a report released by the European Commission (EC), the Transatlantic Trade and Investment Partnership (TTIP) has significant potential for small and medium sized enterprises (SMEs). “These companies will channel the benefits of TTIP back to their local ...
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1155 words Jean-Sylvestre Mongrenier, an expert in NATO, European Defense, Eurasia issues, has answered our questions about three hot topics: Ukraine, Russia and the BRICS, oil and Iran. Mongrenier stressed on the fact that the Ukraine situation still has the potential ...
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1792 words The world’s most powerful politicians and most able people to shape the future are Pope Francis, Xi Jinping, Vladimir Putin, Angela Merkel and Marine Le Pen. Their ability to shape the future, their effective political power, their networks and ...
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464 words Google has a dominant position in providing general online search services throughout the European Economic Area (EEA), with market shares above 90% in most countries of the area. Following complaints by search service providers about “unfavorable treatment of their ...
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284 words Back in August 2012, three months after François Hollande was elected the President of France, and considering the difficulties of the French economy, his foreign minister Laurent Fabius introduced economic diplomacy – one “pet craze” of his – as ...
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327 words Just a few weeks ago, a growing number of experts was telling media that Russia was on the brink of collapse to the point that even President Vladimir Putin’s grip on power would likely be in jeopardy soon. Some of ...
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263 words At first sight, Chile’s economy looks in better shape than most of its Latin American and Caribbean (LAC) neighbors with 4.1 percent of GDP growth in 2013, much higher than the regional 2.5 percent according to the World Bank. ...
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327 words It sounds shocking to hear that the Ebola epidemic has been both a threat and an opportunity. A very serious threat since it has killed more than 10,000 people so far and could have turned into a world public health ...
After Google, it’s now the turn of Russia’s energy giant Gazprom to be in the eye of the storm with the European Commission (EC) about to send a formal statement of objections regarding antitrust charges and accusations of illegal abuse of Gazprom dominant position in Europe’s gas market.
Bloomberg BusinessWeek reporter Ashlee Vance wrote in a book that Google could have bought Tesla for $6 billion in 2013 but the deal finally didn’t take place. It is unclear who or why the deal never concretized, but Tesla was looking for financial support for its production expansion as it was apparently on the verge of bankruptcy.
India’s Finance Minister Shri Arun Jaitley called for caution in Washington DC saying that “the growth in some advanced countries has not improved as much as we had anticipated. Emerging market economies face a high risk of negative spill-overs from unconventional monetary policy actions of advanced economies.”
In an interview with the Financial Times, the Japanese head of the Asian Development Bank (ADB) Takehiko Nakao has dismissed China’s move to establish a rival, saying the Asian Infrastructure Investment Bank (AIIB) was years away from parity in resources or potential impact.
The Central Bank of China announced that it will cut its bank reserve requirement ratio (RRR) by 1 percentage point to fuel more lending into a slowing economy. The People’s Daily said the cut will release 1.2 trillion yuan ($194 billion).
Good Q1 2015 for JP Morgan too: “this was our strongest quarter in many years with improved performance across most areas of the firm. It reflects our ongoing strategy to build platforms for growth while maintaining a prudent risk profile and disciplined expense management,” James P. Gorman, Chairman and CEO said.
Annualized return on Goldman Sachs (GS) average common shareholders’ equity (ROE) was 14.7% for the Q1 of 2015. “Given more normalized markets and higher levels of client activity, we remain encouraged about the prospects for continued growth,” said Lloyd C. Blankfein, GS’ Chairman and CEO.
“By the end of 2014, Russia’s GDP has grown by 0.6 percent – a small growth, but it is growth nevertheless. Despite the significant fluctuations on the financial market, Russia’s banking sector has demonstrated good dynamics. Overall, we concluded 2014 with a slight deficit of 0.5 percent and managed to prevent a spiraling into a major deficit,” Russian President Vladimir Putin said in his annual TV Q&A session.
In January 2015, Cyceon wrote that Marine Le Pen’s editorials and interviews in the NYT and WSJ, two of the most respected newspapers, were very significant developments. Now, Le Pen is among Time’s 100 most Most Influential People in the world in 2014. French President François Hollande is not, contrary to his counterparts Obama, Xi, Putin and Merkel.
Chinese sources said Pakistani Prime Minister Nawaz Sharif approved the purchase of 8 Chinese submarines – probably diesel-powered Yuan class, known as Type 039A or 041 – in what will likely be one of China’s most important arms deals ever, worth between $4 and $5 billion. China accounted for more than half of Pakistan’s arms purchases in recent years.Get more In Brief...