The E.U. hopes the ban on proprietary trading could come into force in 2017 followed by the separation rules in 2018.
E.U. has a long way to go on big-bank reform
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Monthly Archives: January 2014
Fed sticks with taper after S.Africa, Turkey and India raise rates
The economic turbulence in emerging markets has generated a similar response from the countries hit hardest: protect their currencies against the dollar.
Brazil and Cuba launch new Port of Mariel project
Is Cuba entering global capitalism? The island will likely use many chapters from China’s playbook, the first one being opening a special economic zone established around the revamped Port of Mariel.
Japan and India strengthen an already healthy relationship
Prime Minister Shinzo Abe three-day visit to India highlighted the path both countries intend to follow.
Arctic sea ice free fall is mirror image of carbon dioxide ascent
Melting snow and ice around the world, including Arctic sea ice, is changing the face of the planet as we know it.
The ILO sees a grim future for Spain’s unemployment
Spain’s jobless numbers may have very slightly improved in the last quarter of 2013 but the International Labor Organization predicts the worst is not over.
Argentina’s latest target in economic fight? Online shopping
New restrictions on online shopping are aimed at stopping foreign reserves from plummeting, even more.
Poverty, unemployment, deflation and growth in the European Union
The E.U. warns on increases in poverty, the IMF raises euro area growth forecast and alerts on deflation while euro leaders are still on the lookout for what direction to take.
Nicaragua bets on gold but fears social backlash
Gold became Nicaragua’s major export in 2013 – and entered a golden age of investment – though the precious metal will likely bring a resurgence of grassroots political activism.
Peak water and food scarcity
Trading in grain futures is, in a sense, dealing in water futures, to the extent that there is a world water market embodied in the world grain market.
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