The Media Line Staff Cairo, Egypt (TML) – How many Egyptians are there? Do they have enough hospitals and doctors to serve them? How many kilometers of paved roads cover the country? How many children will start school next year? National statistics are the foundation of government policy and planning. But the quality of Egypt’s [...]

AHN News Staff Ottawa, Ontario, Canada (AHN) – An International Monetary Fund staff mission to Canada has backed the decision by the Canadian central bank to keep interest rates at their present level. The mission said the benchmark rate strikes the right balance between risks to the outlook and Canada’s advanced expansion. However, the IMF [...]

Bulgaria’s budget policy is in complete chaos, said former Energy Minister, Rumen Ovcharov, and accused the Finance Minister Simeon Djankov of suffocating the Bulgarian economy. In an interview for the Bulgarian private TV channel bTV on Friday, Ovcharov said that in a period of 30 months, the inflation in the country will be 10%. He [...]

A batch of new U.S. data on Thursday painted a picture of an economy stuck in slow-growth mode, reinforcing views the Federal Reserve will ease monetary policy further next month to try to reinvigorate the recovery. View full post on All Stories

Loans are set to be costlier with most banks raising their base rates, even as the Reserve Bank of India is trying to fight inflation by tightening the monetary policy. View full post on All Stories

As many households and small businesses are denied loans, some big corporations are saving, not investing, vast sums they borrowed for next to nothing through a policy meant to help the economy. View full post on All Stories

SAN FRANCISCO (MarketWatch) — The Bank of Japan is even more likely to ease monetary policy at next week’s board meeting, following the release of a September tankan survey showing concern among businesses about the country’s economic outlook, according to a report published Thursday. The Nikkei business daily reported that the central bank could “boost [...]

“President Barack Obama’s top cabinet members stressed Tuesday that devoting money and resources to overseas diplomacy and development is essential to U.S. national security,” CNN reports. View full post on All Stories

The active management of credit risk has been receiving increasing regulator attention and strategic focus at many financial institutions. Regulators cite poor credit risk management at the portfolio level, weak credit standards for borrowers and counterparties, and insufficient attention to changes in economic and other circumstances affecting the capacity of borrowers and counterparties as the [...]