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A former US Treasury Secretary coined a phrase that stuck when asked what his government would do about the weak dollar; “it’s our currency but it’s YOUR problem”!
That pretty much sums up the situation today. The US dollar has hit a recent low against the Euro and the Pound Sterling but the US Federal [...]
Filed under: FINANCE, GLOBALIZATION, OPINION | Leave a Comment »
The government of Rwanda is in the process of selling at least 70% of its shares in Banque de Kigali to Barclays Bank.
“We are now engaged with Barclays bank and we hope to conclude this exercise in June,” Rwanda’s Finance Minister, Mr. James Musoni said recently. According to the minister, negotiations are well into [...]
Filed under: BANKING, FINANCE, HIGHLIGHTS | Leave a Comment »
There are few people who can be as self-satisfied as Muhammad Yunus. When he goes to bed at night he basks in the glow of his overall goodness, he must look at his family, Nobel peace prize and his billions of dollars and think life is good. His story is the greatest vindication of capitalism [...]
Filed under: ACUMEN, BUSINESS ACUMEN, FINANCE | Tagged: FINANCE | Leave a Comment »
