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Lebanon’s Khalil: No parliament approval …no salaries

Lebanon’s Finance Minister Ali Hassan Khalil reiterated his refusal to change his stance regarding the financial crisis and the payment of civil servants’ salaries at the end of the month, according to As Safir newspaper report published...Show More Summary

South Korea Edges Toward Rate Cut

The Bank of Korea is gearing up to cut its benchmark interest rates and may move as soon as next month, say economists, due to signs economic growth is slowing. The nation’s new finance minister, Kyung Hwan Choi, recently made the case for a rate cut in Parliament. Show More Summary

India's New Budget: 8 Reasons Americans Should Care

Last week, India's new finance minister revealed his government's $300-billion annual budget for the fiscal year that began on April 1, 2014. Arun Jaitley, who has charge of both finance and defense in Prime Minister Narendra Modi'sShow More Summary

Bill Black: Two EU Finance Ministers Throw their Bosses and Nations Under the Bus

The finance ministers of Italy and Serbia have just publicly thrown their heads of state and their nations under the bus.  In a testament to the crippling effect of the belief that “there is no alternative” (TINA) to austerity, these...Show More Summary

5 Interesting Social Media Insights On The Union Budget 2014-15

When Finance Minister Arun Jaitley presented his government’s first Union Budget on July 10th, the social media was abuzz with opinions, viewpoints and observations. Salaried professionals, entrepreneurs, students, activists, politicians and the common man, everyone was concerned and hopeful at the same time. Show More Summary

India’s new budget is great for foreign ecommerce giants, less great for Indian poor

Indian finance minister, Arun Jaitley, has announced the country’s first budget since the election of new US-friendly Prime Minister, Narendra Modi. As Pando’s Mark Ames previously reported, the Modi government is determined to roll out a red carpet for foreign tech companies. Last week, Facebook COO Sheryl Sandberg met Modi and afterwards congratulated the leader (who has...

Indian Rupee Tumbles After New Budget Disappoints

The Indian rupee tumbled against the U.S. dollar after finance minister Arun Jaitley unveiled the country's latest budget. The budget maintained a fiscal deficit target of 4.1% of GDP. Analysts had widely expected that target to be revised up to 4.5%. Show More Summary

India's new government unveils reform budget

Finance minister unveils budget it says can revive growth amid economic slowdown even while curbing borrowing.

7 Key Initiatives In Budget 2014 For Startups, SMEs And Entrepreneurs!

India’s Finance Minister Mr. Arun Jaitley announced the Union Budget 2014-15 today and for a change promotion of entrepreneurship in India seemed to be one of the priorities for the new government.  It is also heartening to see thatShow More Summary

How Crippled Is Afghanistan’s Democracy? Ctd

The preliminary results of the Afghan presidential election are out, but they promise only to deepen the country’s political crisis: [W]hile the numbers show former World Bank official and finance minister Ashraf Ghani Ahmadzai a winner in a landslide, his opponent, Abdullah Abdullah, has been positioning himself for weeks to reject the outcome, complaining that […]

China says it's up to US to drive global economy

last weekNews : The Newsroom

BEIJING (AP) — China's finance minister said Wednesday that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy.

Budget 2014: Fiscal prudence may rain on demand for tax sops

Arun Jaitley’s first budget as India's finance minister should allow individual taxpayers to invest more money in vehicles such as government savings bonds, mutual funds and employee savings plans, and provide them with tax credits that would bolster their savings and boost economic growth, tax experts say.

Reformer Rao

2 weeks agoNews : Banyan

The Indian budget in 1991 was delivered by Manmohan Singh as finance minister (and guided by the prime minister, Narasimha Rao). It was the moment that the "Licence Raj" began to be dismantled, enabling much more rapid economic growth in India in the subsequent two decades, and dramatic reductions in poverty. Show More Summary

Conservative Minister Praises Film Industry For Ethnic and Gay Quotas

Ed Vaizey, the Conservative Minister for Culture, has praised the British Film Institute (BFI) for demanding ethnic minority, women and gay quotas on the films they finance. BFI is the largest funder of films in the UK, and from September they will no longer finance projects that do not fill diversity quotas, according to the Daily Telegraph. Show More Summary

Afghan officials: Ahmadzai leads in disputed vote

2 weeks agoNews : The Newsroom

KABUL, Afghanistan (AP) — Afghan officials released preliminary election results Monday showing former finance minister Ashraf Ghani Ahmadzai well in the lead for the presidency but said no winner can be declared because millions of ballots were being audited for fraud.

Afghan officials: Ahmadzai leads in disputed vote

KABUL, Afghanistan (AP) — Former finance minister Ashraf Ghani Ahmadzai has the lead in Afghanistan's disputed presidential election, according to a preliminary tally released Monday despite allegations of massive fraud.

Tony Blair to Advise Egypt Pres. Sisi on Economic Reform

The former UK Labor Party Prime Minister Tony Blair has agreed to advise the President of Egypt, Abdel Fattah el-Sisi, on matters concerning economic reform. Blair’s new task is supported by a program financed by the United Arab Emirates which hopes to deliver greater economic opportunity to those supporting the initiative. Show More Summary

The UK Chancellor’s Math Muddle

2 weeks agoNews : The Daily Beast

George Osborne, Britain’s top finance minister, declined to answer an easy math question from a 7-year-old. Then there was his missing hamster. Suddenly, it was like an episode of ‘Veep.’

Who is Bureš?

THE sun seems to have set on the so-called Czech lustration laws passed in the 1990s. After he won a lawsuit in a Slovak court on June 26 th, the name of the finance minister, Andrej Babiš (pictured), will be removed from a list of collaborators with the communist secret police (StB). Show More Summary

Indians berate finance minister for celebrating UFO day

AS many Indians worry about the threat of tough measures in their new government’s first Budget next week, a Facebook post suggesting the finance minister is pondering less earthly matters quickly roused anger yesterday. ||| AS manyShow More Summary

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