Russia’s Sberbank (SBER.MM) plans to continue its partnership with Yandex (YNDX.O) even though it has transferred its ‘golden share’ in the country’s leading internet company to another entity, Sberbank’s Chief Executive German Gref told Reuters. To assuage Kremlin fears about potential foreign influence, Yandex this month approved changes to its corporate structure to establish a […]
US economy sliding — Pronounced wealth inequality that has built up for decades poses a major threat to a U.S. economy that is in otherwise “excellent” shape, former Federal Reserve Chair Janet Yellen said Thursday. The central bank leader from 2014 to 2018 also said the U.S.-China tariff war is having a detrimental impact both […]
China’s slowing growth rate should not be a worry but an unresolved trade war between the world’s two largest economies should be, Paul Gruenwald, chief economist at S&P Global Ratings, told CNBC on Monday. “We’ve been arguing for some time that China slowing from a 7-8% back then to a 5.5% is a broadly healthy development,” […]
Lenders One Summits are about new connections, ideas and opportunities. We are excited to continue the momentum in Seattle this August. August 2019 Edition was held for four days which started on 4th August and ended on 7th August. Watch the video below to know how it all went.
NAIROBI, March 13, 2019 —The World Bank Group today made several announcements to scale up support for both climate adaptation and mitigation in Africa during the third One Planet Summit. The summit is being convened by President Uhuru Kenyatta of Kenya, President Emmanuel Macron of France, Interim President of the World Bank Group, Kristalina Georgieva, […]
The annual summit of the Group of 20 nations has ended in Osaka, Japan. The ongoing trade war between China and the United States, the world’s two biggest economies, topped the agenda. The G20 is an international leaders’ forum comprising 19 countries and the European Union. Collectively, the grouping represents more than 80 percent of […]
The 5th Child and Youth Finance International Summit & Global Inclusion Awards Ceremony were held on 19-20 June 2019 at the Maslow Hotel in Johannesburg, South Africa. The Summit was organized by Child & Youth Finance International (CYFI) and hosted by The Banking Association South Africa (BASA), the Financial Sector Conduct Authority, the National Treasury – […]