No asset can be viewed as truly safe

No asset can be viewed as truly safe

Washington – The global financial crisis and concern about debt levels in many advanced economies showed no asset could be viewed as truly safe, the International Monetary Fund (IMF) said on Wednesday. “Recent rating downgrades of sovereigns, previously...
Chief must understand global challenges

Chief must understand global challenges

Washington – The new World Bank chief should have a keen understanding of major global development challenges and facilitate solutions to those critical problems, a US expert has said. The Washington-based international financial agency is seeking a successor to...
Credit Risk In Most Countries

Credit Risk In Most Countries

The situation of companies in the construction sector closely reflects the world, regional and national economic trends. At a time when the world economy is characterized by divergences between countries, with a recession in the euro zone, there are significant...
EU leaders struggle

EU leaders struggle

European leaders struggled to reconcile austerity with growth on Monday at a summit due to approve a permanent rescue fund for the euro zone and put finishing touches to a German-driven pact for stricter budget discipline. Officially, the half-day summit was meant to...