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Reef of Contention: Spain Talks Tough on Gibraltar
The Spanish government is taking a cue from Argentina: Whenever beset by apparently insurmountable problems and tanking approval ratings, find some external issue in order to rally the nation around the flag. In times of domestic troubles, successive Argentine governments
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Doomsayers Enjoying a Field Day with Deutsche Bank
A tiny but apparently growing number of pundits is pretty sure the Deutsche Bank will shortly tumble and fall. As a systemic – if not essential – bank, the DB will not descend into insolvency on its own. Those in
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Maxima – Busy at Work
The people of The Netherlands quickly came to adore the young, attractive Argentinian economist Maxima Zorreguieta who married their Crown Prince Prince Wilem-Alexander in 2002. Trained as a private banker with a good understanding of emerging markets, she is the
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The Spotlight on David Beckham
One of the best known faces on the planet, David Beckham, 38 years old, became an Image Ambassador for Chinese Football after his twenty year playing career came to an end last season. The League in China is known for
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CBI: Encouraging Signs from the UK Jobs Market
The CBI commented last week on the latest official labour market data, showing that employment grew by 16,000 and unemployment fell by 57,000 in the three months to May, while the number of people taken on as employees rose by
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IMF: Ireland Approaching Best Practice in Fiscal Reporting & Forecasting
The IMF published on July 16th a Fiscal Transparency Assessment (FTA) report for Ireland, which was carried out at the request of the Irish Government by a Fiscal Affairs Department team that visited Dublin in March 2013. This report constitutes
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The Swiss Banks: Handing Over Data
The tax row with the United States is raising a feeling of uncertainty among cantonal banks, as well as adding a greater administrative burden, even for banks that are not directly concerned, a swissinfo.ch survey of all 24 institutions has
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Aid for Trade: Supporting the World’s Poorest
The Heads of Agency of the Enhanced Integrated Framework (EIF) – Aid for Trade in action for Least Developed Countries (LDCs) – met in Geneva on 8 July during the Fourth Global Review of Aid for Trade. The Heads of
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CBI Urges Banks to Think of Customers First
The CBI commented on the Government’s formal response to the recent report from the Commission on Banking Standards. Matthew Fell, CBI Director for Competitive Markets, said: “Britain needs a healthy and sustainable banking system to help drive our economy, so
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Italy: IMF Mission Statement
An IMF team visited Italy from June 24 to July 4, 2013, for the annual evaluation of the economy as part of the regular consultations under Article IV of the IMF’s Articles of Agreement. This statement describes the preliminary findings:
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