Johannesburg – South Africa’s economy is improving but is vulnerable to problems in the Eurozone, says Finance Minister Pravin Gordhan. “Economic growth is reasonably stable,” Gordhan said at the Foreign Correspondents Association breakfast meeting in...
In some countries – Argentina, Hungary, Portugal – governments have already expropriated private-sector pension funds as a means of dealing with serious financial problems. There are “warning tremors” that such policies of seizure could spread to developed...
The campaign group FairFuelUK, supported by leading fuelcard reseller The Fuelcard Company, has welcomed the initial findings of a major report to be published this week by the Centre for Economics and Business Research (CEBR) which shows that a cut of 2.5p per litre...
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...
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...
