Investors bid up safe havens during Turkish crisis, euro goes soft
Euro touches 13-month low against US dollar, as the Yen gains about 0.3 % and Australian dollar hits an 18-month low...
Tag : crisis
Restored Iran Sanctions mark unease for US’s European allies
The Trump administration's re-imposition of sanctions on Iran has America’s European allies fear greater regional instability...
Iran central bank forex chief arrested ahead of US sanctions
Ahmad Araghchi, who was a vice-governor at the bank in charge of forex, was arrested along with several other unnamed individuals, according to state broadcaster IRIB...
Greece is putting debt crisis behind
2017 looks set to provide the necessary springboard for sustainable economic growth and renewed optimism...
Saudi Arabia mulling over income tax on expats
However, economists do not think the plan will see the light of the day Suparna Goswami Bhattacharya July 15, 2016: With an eye on increasing its non-oil revenue, Saudi Arabia is considering a plan to tax millions of expats residing in the Kingdom. The proposal was included in the country’s National Transformation Plan (NTP), an...
Rainbow Nation’s energy sector is getting greener
Since the 2008 energy crisis, South Africa has been trying to reduce dependency on coal Miriam Mannak October 3, 2014: Africa’s second largest economy is a land of abundance, boasting vast reserves of coal, platinum, and gold. The country’s natural wealth isn’t, however, confined to the depths below the earth’s surface. She is also blessed...
Five interesting FinTech start-ups to watch for
For some companies, the financial crisis of 2008 proved to be a boon Jaya Smitha Menon August 18, 2014: The financial crisis of 2008 caused much misery to the sector, but for the FinTech startup community, it proved to be quite fertile. The need for changing old business models and bringinginnovation has bridged the gap...