Next IMF loan will be 'the last': Pakistan finance minister

Next IMF loan will be 'the last': Pakistan finance minister

Pakistan’s finance minister promised Saturday to end the country’s reliance on International Monetary Fund bailouts to shore up its shaky economy, as officials prepare to negotiate a new loan. Asad Umar’s pledge comes days after Pakistan’s central bank warned inflation could double in the coming year — hitting 7.5 percent — while the country’s growth […]

China Posts Weakest Growth in Nearly a Decade, Seeks to Soothe Investors

China Posts Weakest Growth in Nearly a Decade, Seeks to Soothe Investors

BEIJING—China’s economic expansion slowed to its weakest pace since the financial crisis, as top financial regulators launched an extraordinary coordinated effort to calm jittery investors. The rate of growth in the third quarter dropped to 6.5%, falling short of market expectations, official statistics released Friday showed. Growth in industrial output and consumption weakened in the […]

The High Cost of High Finance

The High Cost of High Finance

There is a ring of plausibility to the argument that with finance, as with luxury goods, you can have too much of a good thing. Recent research suggests that a high degree of financialization of the economy may impede growth. LONDON – As the United Kingdom’s Brexit negotiations stumble on, other European countries are using […]

German finance minister pushes for EU-wide unemployment scheme

German finance minister pushes for EU-wide unemployment scheme

The intention, according to the working paper, is to prevent member states from spiralling into debt as they try to cope with high unemployment levels, and to “strengthen solidarity between member states”. But there is widespread opposition in Germany to anything that could be considered a “transfer union”, in which Germans would be forced to […]

Finance reports show Dems outraising opponents

Finance reports show Dems outraising opponents

With Election Day fast approaching, the third quarter campaign finance data for races across Virginia show Democratic candidates out-raising their opponents. In Virginia’s 5th Congressional District — which includes the counties of Albemarle, Buckingham Fluvanna, Greene, Madison, Nelson and the City of Charlottesville — Democrat Leslie Cockburn has crossed the $2 million mark in donations. […]

Sell SREI Infrastructure Finance, says Ashish Chaturmohta

Sell SREI Infrastructure Finance, says Ashish Chaturmohta

Ashish Chaturmohta Sanctum Wealth Management SREI Infrastructure Finance is in long-term decline mode forming lower tops and lower bottoms on the weekly and monthly chart. After sharp decline stock has been trading sideways in a narrow range for the last couple of weeks. The stochastic indicator has given negative crossover with its average on daily. […]

Top Finance Metrics You Should Be Tracking (Even If You're Not An Accountant)

Top Finance Metrics You Should Be Tracking (Even If You're Not An Accountant)

In the world of business, it is common practice to rely on accountants to keep track of revenue-generating activities and evaluating them periodically. However, it’s wise for business leaders in the tech world to track certain metrics directly — especially at certain benchmarks throughout the year. Here are five important metrics and what they mean […]

Ireland's 2019 budget first balanced in decade: finance minister

Ireland's 2019 budget first balanced in decade: finance minister

Photo from Department of Finance of Ireland shows the Irish Finance Minister Paschal Donohoe presenting the government’s 2019 budget before he tabled it to the lower house of the Irish parliament for debate.(Xinhua/Department of Finance of Ireland) DUBLIN, Oct. 14 (Xinhua) — Irish Finance Minister Paschal Donohoe has recently introduced to the parliament Ireland’s 2019 […]

State finance officials frustrated over budget bill hangup

State finance officials frustrated over budget bill hangup

By Colin A. Young State House News Service  October 13, 2018 Comptroller Thomas Shack feels like he’s the chirping smoke detector of state government, regularly sloughed off when he attempts to warn of an impending problem. “When the smoke detector starts to go off you have two things you can do; you can either address […]

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