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Finance History 2011-06-05 (05 June 2011 ) | Print |
5 Jun 2011 19:10:39 GMTRussia enters world of Islamic finance
Hoping to attract Arab capital, Russia will take its first step into the world of Islamic finance in June by issuing sukuk, Islamic bonds which comply with Muslim religious rules.
4 Jun 2011 14:51:22 GMTEgypt court sentences former finance minister to 30 years jail
An Egyptian court convicted former finance minister Youssef Boutros-Ghali in absentia on Saturday and sentenced him to 30 years in prison for profiteering and abusing state and private assets, a court source said.
4 Jun 2011 19:10:59 GMTEx-Soviet finance ministers agree $3-bn loan for Belarus
Ex-Soviet finance ministers on Saturday agreed on a $3 billion (two-billion euro) loan for crisis-hit Belarus, a spokesman for the Russian prime minister said.
5 Jun 2011 16:40:56 GMTAttempted bombing at Zimbabwe finance minister's home
An explosive device hit the security wall of Zimbabwe finance minister Tendai Biti's home in an attempted bombing early Sunday but caused no damage, a party spokesman said.
4 Jun 2011 12:44:12 GMTEgypt ex-finance minister gets 30 years in absentia
Former Egyptian finance minister Yussef Boutros Ghali was on Saturday sentenced to 30 years in prison in absentia on corruption charges, an correspondent said.
3 Jun 2011 15:02:00 GMTOxford Finance LLC Closes $ Million Senior Secured Credit Facility with Affiliates of Landmark Health Solutions LLC
Oxford Finance LLC , a specialty finance firm that provides senior debt to life science and healthcare services companies, today announced that it provided a $ million credit facility to affiliates of Landmark Health Solutions LLC .
3 Jun 2011 12:21:49 GMTProtesters take over finance ministry in Athens
Protesters took over the Finance Ministry building in Athens Friday morning, hanging a giant banner from the roof calling for a general strike, just as Greece wraps up tough negotiations with international officials on new austerity measures.
5 Jun 2011 17:06:35 GMTTexas Legislature Tackles School Finance, Medicaid Reform, Windstorm Insurance
The Texas Legislature has gone into special session to finish important legislation left over from the regular session. The legislation includes a school finance bill, a health care reform bill, and an overhaul of the windstorm insurance program.
2 Jun 2011 14:17:13 GMTTrichet suggests finance ministry for euro zone
The 17-nation euro zone should consider establishing a central finance ministry as it tightens coordination of national economic policies to fight crises, the head of the bloc's central bank said on Thursday.
4 Jun 2011 20:37:40 GMTEgypt?s ex-finance minister sentenced in absentia to 30 years for squandering public funds
CAIRO ? Egypt?s former finance minister was sentenced in absentia Saturday to 30 years in prison for squandering public funds and abusing his authority, the state news agency said. Yousef Boutros-Ghali, a nephew of former . Secretary-General Boutros Boutros-Ghali, left Egypt during the uprising that forced out President Hosni Mubarak in February. Yousef Boutros-Ghali was a powerful confidant ...

Economic History

5 Jun 2011 17:39:54 GMTEconomic woes give Republicans early campaign focus
Eight months before the Iowa caucuses, a spate of bad economic reports last week gave Republicans a chance to start framing the 2012 campaign on their topic of choice -- President Barack Obama's record.
5 Jun 2011 11:12:14 GMTGovernment economic plan attacked
There have been fresh calls for an alternative economic plan ahead of the IMF's latest assessment of the state of the UK economy.
4 Jun 2011 19:01:00 GMTObama gets an economic jolt
Fundamentals decide the outcome of presidential campaigns, and this week?s economic and political news were reminders of that, leaving President Obama to wonder just how difficult his reelection bid may turn out to be. The first indicator was a grim report on housing prices , showing that long after the recession officially ended, and 3 1 / 2 years after the economy collapsed, home values in ...
3 Jun 2011 11:56:06 GMTEconomic Woes Slam Stocks
Gloomy data fanned fears the once robust economic recovery may be losing steam, igniting the first five-week losing streak for the blue chips in almost seven years.?
4 Jun 2011 01:25:32 GMTEconomic plan to get a second hearing day
A bill to overhaul Nevada's economic development efforts received mixed reviews Friday in testimony before a Senate committee.
4 Jun 2011 03:10:00 GMTEconomic news is bad for Obama?s reelection bid
Any notion that President Obama?s reelection campaign was gaining momentum was shaken this week by a string of worrisome economic reports showing weakness in the job market and new lows for housing prices. The bad news for Obama stood in contrast to a run of positive developments that had given many Democrats reason for confidence. The economy had been adding jobs at a steady clip . A president ...
5 Jun 2011 04:24:53 GMTEconomic 'recovery' leaves jobs behind
Labor-saving technology, competition from skilled foreign workers and a debt hangover make it tough for the . economy to create jobs. Still limping two years after officially emerging from the recession and buffeted by a new wave of bad news, the . economy is struggling with problems that run far deeper than higher oil prices, the European debt crisis or auto industry slowdown stemming ...
3 Jun 2011 11:00:00 GMTAmericans Increasingly Dour on Economic Recovery, According to AlixPartners Survey
Despite some recent signs of economic recovery, 63% of Americans continue to feel ?not good? or ?bad? about the state of the . economy, representing a significant increase from May 2010 when only 49% of Americans felt this gloomy.
5 Jun 2011 13:50:26 GMTEconomic development in the region gets a tuneup ? but how different will it be?
Niagara was in an economic storm in 1991 and the clouds were darkening. A recession was pounding the region, with huge job losses and economic misery. Unemployment was at 14% ? the second highest in Canada.[...]
3 Jun 2011 23:12:04 GMTILO: Economic growth in West Bank and Gaza reaches limit
Economic conditions in the occupied West Bank and Gaza can no longer be bolstered without an end to Israeli occupation and separation in those territories, a new report released Friday by the International Labor Organization said.
 
 

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