Investing in Romania: Good Reform, but Struggling With the Old
Mark Mobius recently blogged about a visit to Romania, saying that the country exhibits both the progress and the problems inherent in a globalizing economy.
Vatican Bank Faces Uncertainty in Wake of Scandals
Failure to heed international regulations on money laundering and corruption can be hazardous to a bank’s health, even if your bank is called the Institute for the Works of Religion, aka the Vatican bank.
China Fights EU Dumping Tariff; Plans to Boost Solar Sales Abroad
Despite a recently imposed EU tariff on Chinese solar panels and the bankruptcy of a major producer, solar still looms large in China’s energy plans, both domestically and abroad.
Investor Alert: Latvia to Become Newest Eurozone Member
Far from breaking up, the Eurozone is on the verge of welcoming a new member. The news is good press for the Eurozone, after so many bad headlines.
Is France’s Economy a Surprise Threat to Eurozone?
The “bad boys” of the southern Eurozone, Greece, Spain and Italy, have gotten most of the attention when it comes to a possible Eurozone breakup, but the real threat may lie in an unexpected direction.
ING U.S. to Rename Itself Voya Financial as IPO Progresses
The rebranding is designed to highlight ING’s U.S. operations as “America’s retirement company”; ING Financial Partners BD will be renamed as well.
Italy is feeling the pinch. Not only is its economy still struggling amid the European debt crisis, but factors from politics to competition from China, within its very shores, are complicating its problems.
Sovereign Debt: Emerging Markets and Developed Nations
Optimism may be surfacing in the Eurozone, and many officials may have backed off their original tough stance on austerity, but Greece is still battling its debt demons.
The Global Tax Climate Is Changing
In times of austerity, every dollar counts—and so do uncollected dollars.
Eurozone Falls Back in Recession for Q3
Italy, Spain and the Netherlands all saw their economies shrink, while Greece has entered a full-scale depression. Even Belgium saw its economy stagnate. And many blame unrelenting insistence on tough austerity policies for the depressing news.