October 20, 2015/Reuters Uganda’s central bank raised its benchmark lending rate by one percentage point to 17 percent on Tuesday to stave off inflation, the bank’s governor said. Policymakers in the east African nation started tightening monetary policy in April after the shilling weakened sharply against the dollar. Five hikes […]
Capital Market
Investor advocates protest to SEC proposals limiting disclosure
By Francine McKenna Published: Oct 19, 2015 8:47 a.m. ET FASB proposals may limit what companies reveal in quarterly reports Bloomberg The Securities and Exchange Commission was the site a heated exchange at the Investor Advisory Committee meeting between members and SEC staff presenting a new FASB standard that […]
Collapse and Revival: Understanding Global Recessions and Recoveries-IMF
October 20, 2015/IMF he world is still recovering from the most recent global recession associated with the 2008–09 financial crisis and the possibility of another downturn persists as the global economy struggles to regain lost ground. But what is a global recession? What is a global recovery? What really happens […]
