Tag: Finance

Statements

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Date 
2008-12-12 The government of Ecuador decided not to make a 30.6 million dollar interest payment on its Global 2012 bond, having allowed a 30-day grace period to lapse.
Ecuador's current default is extremely unusual in that it is the result of a strategic decision by the government, rather than of the inability to pay.
2008-02-28 In 2007, imports were 14 percent of US GDP and US manufacturing comprised 12% of US GDP.
-- According to the latest US statistics as reported in the February 28 issue of Manufacturing and Technology News.

nb. A country whose imports exceed its industrial production cannot close its trade deficit by exporting more.
2007-12-17 “The federal government did not maintain effective internal control over financial reporting (including safeguarding assets) and compliance with significant laws and regulations as of September 30, 2007.”
-- David M. Walker, Comptroller General of the US and head of the Government Accountability Office, in his report to the US Congress on the financial statements of the US government
2007-12-06 “Clearly, there is expanding demand for these products, and a closely associated desire on the part of banks, including non-Islamic banks, to provide Islamic financial services… The broadening appeal of Islamic finance is also evident in the move by large international banks and other private sector financial institutions to provide Islamic financial services.”
-- Malcolm Knight, general manager of the Bank for International Settlements, addressed the Islamic Financial Services Board Forum in Frankfurt, Germany
2007-11-01 Globalization: The spread of capitalism across the globe along with the intensification of international trade and the diffusion of manufacturing, investment and finance.
-- According to Barry R. Posen, in his article, The Case for Restraint -- Foreign policy after George W. Bush
2007-10 Henry M. Paulson Jr., Treasury secretary of the United States, and the finance ministers of other major industrial democracies called for an international code of “best practices” by cross-border investors requiring greater disclosure of assets and actions.
2007-03-07 In Thailand, Chalongphob Sussangkarn, is appointed is appointed as Finance Minister
2007-02-28 In Thailand, finance Minister Pridyathorn Devakula quits, blaming cabinet infighting.
2007-02-21 In Thailand, economic advisor Somkid Jatusripitak, an ex-finance minister and the architect of Thaksin's pro-business policies, resigns six days after his appointment outrages critics of the old Thaskin government.
2007-01-09 Foreign investors in Thailand receive another shock as controversial changes to the Foreign Business Act (FBA) are proposed.

Arguments

Date added 
2009-06-30Healthcare Is A Human Right












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