12 Apr
Posted by Mikayla Montford as Financial News
Everything was going along just rosy, until.
An analysis from RBCs Europe Economic Research division this morning reminds us of the tightrope that Canadian Finance Minister Jim Flaherty is walking. Next weeks Federal budget is going to make some headlines, with expectations of large cuts to government spending. But its more thoughtful than that.
Majority governments dont have many opportunities to take major steps during a mandate, and 2012 is the year of choice if th government is going to satisfy the desires within the Conservative Caucus to shrink the governments footprint. And yet, cutting government spending during economic uncertainty gets many economists up in arms. Whats our fav Fin Min to do?
Last December, Bank of Canada Governor Mark Carney warned us luncheon-goers at the Sheraton Centre that Europe may well already be in another economic recession. Over the past 90 days, the S+P 500 index is up a tidy 12% nonetheless.
TURNING POINT
Morocco has long thrived on its advantageous perch as an economic crossroads between Europe, Africa and the Arab world—and between emerging and developed markets in general. Trade and manufacturing have grown, thanks to the kingdom’s proximity to Spain, just nine miles north across the Straits of Gibraltar, and from its legacy as a French colony. Thanks to a brisk pace of financial reform, Morocco’s finance industry has grown steadily in line with the Casablanca Stock Exchange—Africa’s fourth-largest after those of South Africa, Nigeria and Egypt—where listed Moroccan banks serve as proxies for emerging markets overall as constituents of the MSCI Emerging Markets Index. And this nation of 32 million people shares an economic cooperation zone across the Maghreb region with Algeria, Libya, Tunisia and Mauritania.
But this year, Morocco finds itself at a different crossroads—a political one—that will determine the future of its economy. The stakes
27 Mar
Posted by Mikayla Montford as Financial News
The Titanic’s heartbeats keep going. Now it will cost you $20 to see the exhibition As the 100th anniversary date of the Titanic nears, a museum in Belfast launches a landmark attraction. “That’s where she was built. That’s where she was designed. That’s where the workers lived.” Noel Molloy is a man with a mission to explain and entertain. He is project manager for Titanic Belfast, monumental like the ship it commemorates. Titanic proportions The term “Titanic proportions” applies. The top of the five-storey building is exactly as high as the tip of Titanic when the transatlantic liner was completed at the Harland and Wolff yard a century ago. During construction, she was known as SS No 401; her twin, Olympic, occupied the adjacent slipway as SS No 400. Any Belfast resident will tell you, “Titanic was fine when she left us” on April 2, 1912. Twelve days later, on her maiden voyage from Southampton to New York, Titanic struck an iceberg. As she sank, with th Full article…
Would you not like it if you could compare the best savings rates with multiple providers? Would you not feel more in control of the type of savings account that you obtain? Many people think that when you compare multiple providers to get the best savings rates that it means that you have to pull out the phone book and start calling around.
They may think that it means that they have to drive around to local providers for the best savings rates, when they really do not. Sure, at some point in time this was the traditional way of comparing multiple companies for the best savings account estimates. However, that was not until the Internet was invented.
When you compare different organizations offering the best savings account investments, you will notice that some of the rates will vary a significant amount from company to company. If you are trying to build a fund that will serve your needs when it comes to financial emergencies, a savings account just may not do the trick. Full article…