An Imminent Financial Peril??
Mr. Mervyn King, former head of the United Kingdom's Bank of England, recently stated that another financial crisis is “certain” and could come sooner rather than later. Mr. King also believes...
Tag: Great Recession
Bosses ‘do Not Deserve Bumper Pay Packets’, Study Finds
The link between what bosses are paid and a company's financial performance is "negligible", new research finds. The median pay for chief executives at Britain's 350 biggest companies was £1.9m in...
Ukraine’s Largest Bank Rescued By State, Prompts Call For Calm
Ukraine took over its largest bank on Monday in a move backed by Kiev's international donors to protect the country's financial system and accompanied by an appeal for calm and assurances to...
We’ll Not License Institutions That Fall Short of Banking Requirement- BoG
The Bank of Ghana (BoG) has warned that it will not license financial institutions that do not meet the criteria set out by the bank. There are concerns that the number of banks in Ghana may shoot up...
Asia Shares, Emerging Currencies Stumble As Trump Anxiety Deepens
A searing selloff rocked Asian shares and emerging market currencies on Friday as investors feared higher U. S. interest rates under incoming President Donald Trump will spark capital outflows from...
How A New Debt Trap Has Been Set
Ghana is in a debt crisis. Having had significant amounts of debt cancelled a decade ago, the country is losing around 30% of government revenue in external debt payments each year. Ghana's crisis...
China Business Confidence Rises Again
Confidence among Chinese entrepreneurs has picked up for the second quarter running, according to the country's central bank. People's Bank of China surveys showed the business confidence index...