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Urgent action needed to protect recovery: IMF chief

By Ann Saphir and Mark Felsenthal JACKSON HOLE, Wyo (Reuters) – The new head of the IMF on Saturday urged global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession. “Developments this summer have indicated we […]

Emerging Financial Market: Proshare to unveil intelligent portal Sept 01

By InvestAdvocate Lagos (INVESTADVOCATE)-Market Analyst and Investors Information Services Firm, Proshare Nigeria Limited is set to unveil an intelligent portal for the emerging Financial Market in Nigeria from Thursday September 01 2011. This was contained in Statement from the Company Saturday August 27 2011 by Queen Omozokpia of Proshare and […]

Emerging economies shouldn’t rely on dollar: economist

By Ann Saphir JACKSON HOLE, Wyoming (Reuters) – Emerging economies should find other ways to buffer themselves from global crises than stockpiling U.S. government debt, a prominent economist argued on Saturday. U.S. Treasuries and the debt of other advanced nations may be liquid, but it is far from safe, Cornell […]