1/12/2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced her intention to appoint Jihad Azour as Director of the Middle East and Central Asia Department. He will assume his new position on March 1, 2017, replacing Masood Ahmed who left the Fund in October. “Mr. […]
Updates
Equities Rebounds, Close Positive on First Trading Day in December
1/12/2016/Cordros Research Equities index closed positive on the first trading day in December, after a dismal performance in November. The All Share Index advanced by a marginal 0.09% to close at 25,265.08 points. Today’s positive close trimmed the Year-to-Date loss to 12.18%. Three of the five sector indices closed on […]
“Virtual” Reality for Business Payments
December 1, 2016/MasterCard David Peraino Global commercial spending by businesses large and small is projected to grow to $24 trillion in 2020, according to Kaiser Research. Yes, that’s trillion with a T. However, businesses face a daunting task when it comes to paying for goods and services. Paper checks are […]
