January 27, 2016/IMF The conditions for implementing the International Monetary Fund’s (IMF) 14th General Quota Review, which delivers historic and far-reaching changes to the governance and permanent capital of the Fund, have now been satisfied. The amendment to the IMF’s Articles of Agreement creating an all-elected IMF’s Executive Board (Board […]
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Shell shareholders approve $50 billion BG takeover
January 26. 2016/Reuters THE HAGUE/ By Karolin Schaps Royal Dutch Shell (RDSa.L) shareholders approved its $50 billion takeover of BG Group (BG.L) on Wednesday, clearing the last main hurdle to creating the biggest liquefied natural gas (LNG) trader in the world. BG shareholders are also expected to approve one of […]
Markets see South Africa’s central bank lifting rates by 50 bps
Wed Jan 27, 2016/Reuters By Mfuneko Toyana South African bonds are still pricing in the first 50 basis point interest rate increase at a single meeting in two years this week, despite comments by the central bank governor suggesting he wants to keep to a path of gradual hikes. At […]
