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The FINANCIAL -- The U.S. Department of State and the U.S. Agency for International Development (USAID) announced partnerships with three private banks in Latin America that will make available $98.5 million in local lending exclusively for small and medium-sized enterprises (SMEs), according to the World Bank.
The FINANCIAL -- In 2012, Africa attracted 33.8 million visitors from a small base of just 6.7 million in 1990, and receipts from tourism for the same year amounted to over US$36 billion and directly contributed 2.8% to the region’s GDP, according to the report by the World Bank.
The FINANCIAL -- Wells Fargo Insurance, part of Wells Fargo & Company, was named North America’s Best Insurance Broker by Global Finance as part of the magazine’s annual Best Global Insurers awards program, according to Wells Fargo.
The FINANCIAL -- South Africa’s banked population has grown substantially from 23.9 million people in 2012 to 27.4 million people in 2013, signifying strong growth in financial inclusion, shows the FinMark Trust FinScope South Africa 2013 consumer survey.
The FINANCIAL --Over half (59%) of Europeans view buying themselves treats as a basic right they are entitled to, revealed the findings of the first MasterCard Treat Index.
The FINANCIAL -- Like major retailers, small business owners are preparing for the holiday rush even earlier this year with more than one-third (34 percent) planning promotions beginning on or before Thanksgiving Day, according to a new survey of small business owners from Ink from Chase.
The FINANCIAL -- Next month is the 30th anniversary of the floating of the Australian dollar.
The FINANCIAL -- Before China’s renminbi (RMB) can challenge the dollar, it first needs to be freely available for trade and investment. By internationalising renminbi through offshore financial markets, China is introducing openness and transparency while retaining greater controls over its home market and capital account.
The FINANCIAL --New York -- Credit Suisse declared $0.1269 per ETN monthly Coupon Payment for the Gold Shares Covered Call ETN (the "GLDI ETN") and declared $0.2189 per ETN monthly Coupon Payment for the Silver Shares Covered Call ETN (the "SLVO ETN"), according to CREDIT SUISSE GROUP AG.
The FINANCIAL -- Commodities were lower in October, led by Energy and Agriculture, due to increasing supply expectations for select commodities, according to Credit Suisse AG, one of the world's leading financial services providers.
The FINANCIAL -- Consumer spend eased again in October, up 1.9% year-on-year, as consumers continued to take a cautious approach to managing their finances and saved up ahead of Christmas, according to the Barclaycard’s monthly analysis of UK spending.
The FINANCIAL -- One-third (33 percent) of Miami respondents plan to hire over the next 12 months, according to the Small Business Owner Report, by Bank of America. Yet more than half (55 percent) say finding qualified employees is difficult.
The FINANCIAL -- WSE enters its fourth year as a public company well prepared for further expansion, building the Group’s value and supporting the growth of the Polish economy.
The FINANCIAL -- Georgian author Shalva Akhrakhadze has written a book "Financial Analysis in Practice", which is already available for Georgian customers in different bookstores.
The FINANCIAL -- KPMG Capital will support technology partnerships, strategic alliances and the recruitment of top talent to create new D&A solutions. With these capabilities, KPMG member firms will help clients solve critical business challenges in such areas as new revenue streams, risk management and cost optimization, according to KPMG.
The FINANCIAL -- The international media and services company Bertelsmann recorded a positive business performance for the first nine months of fiscal 2013.
The FINANCIAL -- To be fair, if a succulent British product like baked beans can be tinned and remain exquisite when served, then there is no reason why Valencia’s emblematic dish per se cannot suffer the same fate and come out fighting.
The FINANCIAL -- British consumers are expected to spend freely this Christmas but, practical presents will still top festive shopping lists according to a survey of high street retailers by Barclays.
The FINANCIAL -- Football is more than sport; it unifies individuals into a team, unites people of different age, nationality, gender, social or cultural backgrounds, strengthens the connections, builds unshakeable team spirit and creates sense of community and belonging to something big, something like a family.
The FINANCIAL -- During Global Finance's annual awards ceremony held in New York City on November 5, TBC Bank won two global sub-category awards in the Consumer Internet Banking category for Best Integrated Internet Bank Site and Best Bill Payment & Presentment.