Tag Archives: Finance

Austerity in US and UK – Reflection

June 21, 2012 by IndepthAfrica

Funny MONEY and credit instruments, laced with creative financing and fuzzy math models, have left America wounded, putting the entire economy in structural shock; teetering and tethering.   Extension of credits by instruments, a model developed and preached by the West, … read more »

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S.Africa considers issuing Islamic bonds

December 6, 2011 by IndepthAfrica

South Africa’s National Treasury is considering issuing Islamic bonds to diversify its investor base and could have its first sukuk in the market as early as the next financial year if approved. “There is a great interest in the sukuk … read more »

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Meles’ Candid Admissions

July 12, 2011 by benim

His promises of not borrowing from Central Bank, slashing growth in broad money supply down below zero may not be deliverable Inflation ails the Ethiopian economy which undoubtedly is growing in spite of sharp differences over the size of the … read more »

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IMF says welcomes Egypt draft budget, talks ongoing

June 2, 2011 by benim

The IMF welcomed on Thursday the Egyptian government’s draft 2011/12 budget, which will increase spending to create jobs and help the poor, and said talks on possible IMF financing support for Egypt were continuing. Egypt’s cabinet approved on Wednesday a … read more »

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Three in 10 Americans commit financial infidelity?

January 13, 2011 by benim

Three in 10 Americans commit “financial infidelity” by lying to their spouses about money, sometimes suffering consequences such as separation or divorce, according to a new survey. The Harris Interactive online poll of 2,019 adults released on Thursday showed 31 … read more »

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Politicians killed Nigerian banks. Says Sanusi

December 13, 2010 by benim

AS the controversy surrounding the statement made by the governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, about the budget of the National Assembly rages on, the CBN governor has declared that politicians in the country, particularly … read more »

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The road to the worst credit score ever

October 27, 2010 by benim

Your credit score can range from 300 to 850 – the higher, the better. Most articles about credit scores focus on how you can improve your score to get approved for loans and get the best possible interest rates from … read more »

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