Own brand of democracy with foreign money? Give us a break! We have previously asserted that the 50plus generation in Bangladesh is incapable of thinking of their own, they always talk and think about the country with a reference to Kissinger’s characterization of BD economy. We are not happy to see that our assertion is […]
Global foreign exchange stories by CMD Rajesh Sharma Money Matters Financial Services ltd. Dollar
US dollar edged higher against the euro. Risk sentiment soured after Fed chairman Ben Bernanke said fed is ready to act if the euro zone problems spill over, but he gives few hints on any immediate monetary easing. EURO The euro hovered near one week highs on Thursday and growth linked currencies were supported by […]
DAILY MONEY MATTER:RAJESH SHARMA MONEY MATTERS 24TH MAY 2012 Foreign exchange market.
INR: The pair USD/INR edged high as global sentiment continues to remain cautious. The pair closed last at 55.9950/56 after hitting a record high of 56.2250. India state oil companies lifted the price of petrol for the first time in six months in a gesture of fiscal discipline and this is unlikely to give a […]
How Goans MLA are converting black money into white with their foreign trips
Do Calangute MLA (member of the legislative assembly) of Goa Agnelo Fernandes frequent trips to oil-rich Qatar have something more sinister than what meets the eye? Yes, say sources close to the three-time coastal MLA, as he is Qatar for the fourth time in two years. The Economic Development Corporation’s Chairman is visiting the […]
Governor Ifeanyi Okowa: How To Attract Foreign Investments
RE: Governor Okowa begs western countries to invest in the Niger delta “Attracting this money isn’t easy. Capital is a coward. It flees from corruption and bad policies, conflict and unpredictability. It shuns ignorance, disease and illiteracy. Capital goes where it is welcomed and where investors can be confident of a return on the resources […]
Germany stands alone: domestic and foreign policy fail
Ignorance? Incompetence? Unwillingness to look at the current state of affairs clearly? These are harsh words, but how else can one describe short-sighted actions of the German Chancellor Angela Merkel? Look at the unpleasant results of the open doors policy she started in 2015. Let`s count: more than one million refugees in Germany; severe ethnic […]
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