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Solvency II – Stepping up to the starting line 14 Mar 2013 | 10:44 pm
Solvency II is a comprehensive risk-based approach to capital adequacy and risk management for insurance providers, which aims to provide better protection to policyholders and minimize firm failures....
Timetric’s world economic outlook for 2013 7 Feb 2013 | 10:14 pm
The prospects for the global economy in 2013 have improved but the economic environment remains complex. Although the chances of an extreme event affecting international financial markets – such as a ...
Tourism on the up in Thailand 24 Jan 2013 | 02:10 pm
The tourism sector in Thailand picked up strongly in the fourth quarter of 2012. According to the Tourism Authority of Thailand, the number of tourists reached 2.2 million in December, a 22.4% year-on...
Construction drags on growth in Colombia 11 Jan 2013 | 08:10 pm
Colombia’s overall economy grew by 2.1% in Q3 relative to the same period in 2011, which was well below expectations, owing to the dismal performance of the construction sector. Construction fell by 1...
The EU’s exceptional economy looks set for growth in its wealthy population 21 Dec 2012 | 09:07 pm
The number of Polish millionaires more than doubled during the pre-crisis boom period of 2005-2007, but while the country was the only EU member to escape recession during the global downturn of 2009,...
Construction companies in Brazil get an early Christmas present 19 Dec 2012 | 11:31 pm
Brazil’s finance minister, Guido Mantega, announced a series of measures to stimulate the construction industry on December 4th. The announcement follows disappointing Q3 figures that showed the econo...
Fiscal cliff threatens US millionaires 12 Dec 2012 | 03:15 pm
Congress and the White House are locked in negotiations to strike a deal to weaken the impact of tax increases and spending cuts due to be implemented in January. December 31 is the deadline for actio...
Hungary’s banking sector: unable to stem the losses 5 Dec 2012 | 08:25 pm
Hungary’s banking sector logged a year of losses in 2011 and has remained in the red in 2012, recording a loss of HUF10.5 bn between January and September. Banks are set to face strong headwinds over ...
India: Another disappointing quarter 3 Dec 2012 | 07:23 pm
India’s economy grew by 5.3% on an annual basis in July-September, the second quarter of the 2012/13 fiscal year. When India’s real GDP growth accelerated in the first quarter of the fiscal year, to 5...
Argentina: ending the year on a low note 30 Nov 2012 | 10:01 pm
Argentina has been under the spotlight in recent weeks and not for good reasons. On November 21st, a ruling by a US federal judge regarding holdouts of the debt restructuring carried out by the Argent...
