BUSINESS
Business news from around the globe
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The link between regulatory restrictions and banking sector stability
By Syed Sadaqat Ali Shah Economic growth accelerates when backed by efficient financial intermediaries and financial services respectively. The banks perceived,…
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One-Belt One-Road: A ride through the well connected region
By Nasurullah Brohi The One-Belt One-Road initiative has significantly comes up with the manifold opportunities enabling China to connect with…
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Portugal breaks foreign tourist record
By Brendan De Beer Never before has Portugal received as many foreign tourists as it did in 2015. According to…
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The Eurozone needs less heterogeneity
By André Sapir Misalignments of real exchange rates continue to be the most visible and painful symptom of asymmetric shocks within…
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Shell suggests Petrobras should cede some drilling rights to foreign firms
Brazil’s government-owned oil giant Petrobras should cede some of its drilling rights to foreign firms, Royal Dutch Shell Oil CEO…
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Brazil’s inflation at 12-year high in January driven by food and transportation prices
Brazil’s inflation rate rose to a 12-year high, officials said on Friday, as Latin America’s largest economy continues to struggle…
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Petrobras plans to slash 30% of management jobs in non-operating areas
As Brazil struggles with a corruption scandal in which executives and politicians face investigations of alleged bribery, Brazil’s state-run oil…
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The global power shift and the role of Asian players
By Nasurullah Brohi The world of globalization has brought enormous veiled opportunities and challenges for the each of the developed,…
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China is running out of options as foreign reserves drop
By Alicia García-Herrero The Chinese are watching a new storm unfold in their financial markets, only months after having been…
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Venezuela in “economic emergency”: Q3 inflation 141.5% and GDP down 7.1%
Venezuelan President Nicolas Maduro’s government has decreed a 60-day “economic emergency” for the recession-hit OPEC nation reeling from low oil…
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