1.On Thursday, it was Liechtenstein and Andorra. On Friday, Austria, Luxembourg and Switzerland likewise decided to change their banking laws to allow for more cross-border cooperation. The days of European tax havens are numbered. Tax Havens Give In to EU Pressure 2. Major Vienna banks wanted to capture the Eastern European market and benefit from …
The European Automobile Manufacturers’ Association released the new car registrations report for February. New car registrations was up by 21.5% in Germany compared to February last year. When car sales declined in most European countries how did Germany record high growth? Car sales increased in Germany last month due to an innovative incentive program launched …
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Last month, Dun & Bradstreet, the world’s leading provider of global business information announced the top banks in India in a publication titled “India’s Top Banks 2009”. The Top Banks of India 2009 based on the performance in year 2008 are: [TABLE=144] Source: Dun&Bradstreet Most of the above banks do not trade in the US …
The ETF industry continued to grow last year in Europe despite the credit crunch. Assets Under Management (AUM) grew by 6.49% from the start of the year. In 2008, the widely watched European Blue Chips Index DJ Euro Stoxx 50 dropped by 44.37%. By the end of the year, there were 1,553 ETFs listed in …
Since the credit crisis began, governments around the world have passes many stimulus packages to restart stalled economic growth. For example, today the government of Malaysia announced a second a stimulus package of US$16.3B just after announcing the first stimulus four months ago. In the US, many stimulus packages have been announced during the past …
Continue reading ‘Stimulus Packages Comparison: US Stimulus Is The Largest’ »