by bizadmin | Dec 19, 2012 | Europe, Featured, Israel, News, Technology, View
Few people realize that Israel, despite all its political problems, is one of the world’s most successful economies. Since 2004 its GDP has grown about 5 per cent a year in real terms every year except 2009, when the global economy crashed. And Israel has proved to be...
by bizadmin | Jan 30, 2012 | Europe, Featured, News
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...
by bizadmin | Dec 8, 2011 | Europe, Featured, News
The president of the European Commission appealed to EU leaders on Thursday to set aside their differences and unite to rescue the euro from a sovereign debt crisis that is menacing the world economy. Jose Manuel Barroso was speaking hours before a potentially...
by bizadmin | Oct 27, 2011 | Europe, Featured, News
Brussels – European leaders have reached agreement on bolstering the capital ratio of banks in the Eurozone to 9.0 percent in order to provide additional capital buffer amid the ongoing sovereign debt crisis in some of the countries, says Polish Prime Minister...
by bizadmin | Aug 27, 2011 | NewsFeed
Pretoria – Monetary policy alone cannot solve the global economic crisis, Reserve Bank Governor Gill Marcus said on Tuesday. The governor said that normal cyclical downturns are often reinforced by tight monetary policies in response to an overheating economy...