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Exclusive: IRS hires hundreds for new wealth unit | ReutersA new Internal Revenue Service unit set up to catch rich tax cheats hiding their wealth in complex business entities is rapidly taking shape with the hiring of hundreds of employees. The IRS high wealth unit, part of a broader effort to combat international tax evasion, is focusing on "the ...
JDP
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3 weeks ago
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World markets steady after UAE central bank pledge - Yahoo! NewsWorld stock markets steadied Monday, particularly in Asia, as concerns about a possible default in Dubai were soothed by a pledge from the United Arab Emirates' central bank that it will stand behind local and foreign banks. Last week's announcement from Dubai World, a government investment ...
JDP
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5 weeks ago
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Asia Considers Capital Controls to Stem Bubble Danger (Update2) - Bloomberg.comAsia Considers Capital Controls to Stem Bubble Danger (Update2) By Shamim Adam Nov. 20 (Bloomberg) -- Asian policy makers are studying capital controls to limit “hot money” inflows that may stoke asset bubbles and force their currencies to appreciate. Officials from India, South Korea and ...
Murray Peat
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5 weeks ago
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China banks' rush for billions could trip markets | U.S. | ReutersChina banks' rush for billions could trip markets By Samuel Shen and Doug Young - Analysis SHANGHAI/HONG KONG (Reuters) - Chinese banks, under government pressure to shore up their finances, are set to unleash a wave of billions of dollars in capital raising that could strain equity ...
Murray Peat
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5 weeks ago
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Chinese energy producers soar after record snows, Asian banks dip -- DailyFinanceIn China, shares in energy producers surged as the country plowed itself out from under heavy snow and the national Heating Office was forced to turn household heating on a full two weeks before the normally scheduled date due to extremely low temperatures. The added demand for fuel and ...
JDP
added
6 weeks ago
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The Confidence Game by Kenneth RogoffSo what is the game plan now? There is talk of regulating the financial sector, but governments are afraid to shake confidence. There is recognition that the housing bubble collapse has to be absorbed, but no stomach for acknowledging the years of slow growth in consumption that this will imply. ...
Giorgio Bertini
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4 months ago
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Jubilee USA - Joining hands to break the chains of debtJubilee USA Network is an alliance of more than 80 religious denominations and faith communities, human rights, environmental, labor, and community groups working for the definitive cancellation of crushing debts to fight poverty and injustice in Asia, Africa, and Latin America. Jubilee calls ...
Giorgio Bertini
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5 months ago
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Indebted nations fight off vulture funds - Asia TimesA deadly and dangerous species of vulture is evolving. Policy experts are trying to trace the exact whereabouts of this new species because it has caused around US$1 billion in damage to poor nations in recent years. These creatures have no feathers. They are predatory investors known as ...
Giorgio Bertini
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5 months ago
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Britain must look to the east to grow strongly - Times OnlineA profound change is under way in the world economy. The balance of economic and financial power is shifting from the West to the East. This could lead to sustained growth for the economies that are best positioned to exploit it. The successful countries will be those with financial clout, ...
Murray Peat
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7 months ago
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China warns Federal Reserve over 'printing money'China warns Federal Reserve over 'printing money' China has warned a top member of the US Federal Reserve that it is increasingly disturbed by the Fed's direct purchase of US Treasury bonds. By Ambrose Evans-Pritchard Last Updated: 1:52PM BST 27 May 2009 Richard Fisher, president of the ...
gandalf
added
7 months ago




