Obama to discuss unwinding of bank industry help
Sep 13, 2009 North America, USA
WASHINGTON (Reuters) - President Barack Obama will discuss the winding down of the government's involvement in the financial sector in a wide-ranging speech on Monday in which he will try to reinvigorate stalled legislation on regulatory reform.Tags: Bank Industry, Barack Obama, domesticNews, Financial Sector, Legislation, Regulatory Reform, Reuters
Japan’s new leader backs fiscal regulation
Sep 4, 2009 Asia, Japan, Japan: In English
Japan's next prime minister said Friday the financial sector must be regulated to foster healthy growth and ensure no repeat of the global economic crisis, and vowed government handouts would not push the country toward socialism. Yukio Hatoyama's Democratic Party of Japan won a landslide victory...Tags: Democratic Party, Elections, Financial Sector, Global Economic Crisis, House Of Parliament, Japan, Landslide Victory, Parliament, Prime Minister, Socialism, Yukio
IMF: Latvia made great progress for financial sector’s stabilization
The International Monetary Fund (IMF) does not exclude that Latvia might face more problems from its banks, but, at the same time, it admits that Latvia has taken the necessary steps to handle such situation, writes LETA/REUTERS.Tags: Banks, Face, Financial Sector, International Monetary Fund, International Monetary Fund Imf, Latvia, Leta, Necessary Steps, Reuters
British idea for a system of global taxation
Among various ideas to control the irresponsible financial sector’s behavior, the British one seems to attract wider recognition. Anyway, the idea is to be discussed at the next month G-20 summit in Pittsburgh, USA.Tags: Financial Sector, Pittsburgh Usa, Summit, Taxation
PM of Latvia: part of loan amount for the finance sector like a “safety buffer”
Part of the international loan, meant for stabilizing the financial sector, is like a "safety buffer," Prime Minister Valdis Dombrovskis (New Era) commented to reporters on July 29.Tags: Finance Sector, Financial Sector, International Loan, Latvia, New Era, Prime Minister
Dombrovskis: part of aid for stabilization of financial sector should be used to cover budget deficit
Prime Minister of Latvia Valdis Dombrovskis (New Era) hopes that part of the international aid to Latvia, meant for stabilization of the financial sector, could be shunted to cover the budget deficit.Tags: Budget Deficit, Financial Sector, Latvia, New Era, Prime Minister, Valdis
Part of IMF loan will be used to stabilize Latvia’s financial sector
Part of the International Monetary Fund's (IMF) EUR 200 million (LVL 140 million) loan to Latvia will be used to help stabilize Latvia's financial sector, according to documents obtained by LETA.Tags: Financial Sector, Imf Loan, International Monetary Fund, Latvia
Danskebank’s EMEA Daily Latvian Quote Of The Day
Jul 21, 2009 Europe, Latvia, Latvia: In English
Quote of the day: "Representatives sitting in Washington and educated at Yale do not fully understand what is going on in Latvia", Latvian Economics Minister Kampars yesterday on the Latvian TV programme 900 sekundes.Tags: Back Of The Envelope, Bad Mouth, Budget Deficit, Burn Rate, Central Government, Danskebank, Economics Minister, Envelope Calculation, Financial Sector, Imf Funds, Imf Staff, Instalment, Latvian Government, Latvian State, Latvian Tv, Money Machine, Quote Of The Day, State Treasury, T Bills, Tv Programme
Danskebank’s EMEA Daily Latvian Quote Of The Day
Jul 21, 2009 Europe, Latvia, Latvia: In English
Quote of the day: "Representatives sitting in Washington and educated at Yale do not fully understand what is going on in Latvia", Latvian Economics Minister Kampars yesterday on the Latvian TV programme 900 sekundes.Tags: Back Of The Envelope, Bad Mouth, Budget Deficit, Burn Rate, Central Government, Danskebank, Economics Minister, Envelope Calculation, Financial Sector, Imf Funds, Imf Staff, Instalment, Latvian Government, Latvian State, Latvian Tv, Money Machine, Quote Of The Day, State Treasury, T Bills, Tv Programme
Brief Latvia EU Loan Update
Jul 20, 2009 Europe, Latvia, Latvia: In English
Well, there is still effectively no word from the IMF. But The EC did today release an addendum to its memorandum of understanding with Latvia identifying a number of economic and fiscal policy measures it wants the country to enact before it receives next chunk of funding. The document, which i...Tags: Addendum, Budget Deficit, Chunk, Ec, Economic Terms, Financial Sector, Fiscal Impact, Fiscal Policy, Guarantee Scheme, Imf, Latvia, Local Authorities, Memorandum Of Understanding, Parex Bank, Policy Measures, Real Estate Tax, Real Estate Values, Residential Real Estate, Retail Sales, Tranche
