John Christensen, director of the Tax Justice Network and one of the authors of the report, said that secrecy is a core feature of the global financial system. “Jurisdictions compete with each other to provide it, in order to attract …

The delegation praised the economic development of UAE during 2008 and 2009 and confirmed that its prudent fiscal and monetary policy has enabled it to overcome the effects of the global financial crisis.

He was most recently a managing director and senior vice president for the global finance , risk and compliance group at BearingPoint.

In my column last week I was at pains to acknowledge the astounding rise of the G20 grouping of countries to the undisputed lead position in international efforts to contain the global economic recession, financial crisis and credit …

None of the country’s problems, especially in the aftermath of the global financial crisis, can be expected to be solved overnight. This is one fact that has been acknowledged by International Monetary Fund managing director Dominique …

The global financial crisis has once again proved the credibility of India’s growth story abroad,” Tarun Ghulati, Chief Executive of UTI International told Gulf News.

The members of the Committee of Finance of Iraq that Iraq was able to recover the money frozen in foreign banks as it exits from Chapter VII of the United Nations, and that money would be returned to the state treasury and the central …

SEOUL (Reuters) – South Korean exports fell less than expected in the first month of the fourth quarter, but weak US demand reinforced concerns a broad-based recovery in the global economy is not fully secured.

But sorting out which countries have the most-developed financial markets this year was especially difficult because of the turmoil that has shaken the global economy since 2007, when the U.S. subprime loan crisis and subsequent credit …

The latest edition of the Global Financial Centres Index, issued by the City of London Corporation, said Dubai has continued to consolidate its position moving up to the 21st position from the 23rd among the leading world financial …