Egypt is not a major oil exporter, but there is concern that an escalation in fighting could spread to neighboring countries or disrupt the Suez Canal, a major trade route. Egypt and the Price of Oil
Do Bloomberg Reporters Get Inside Information?
Bloomberg failed to immediately block its news reporters from access to information about clients who use the company’s well-known financial data terminals when the issue arose as the result of a 2011 Bloomberg TV broadcast, an independent review has concluded.
Instead, Bloomberg reporters continued to have access to the client data until April 2013, when an embarrassing similar incident prompted a financial client’s complaint and sparked an overhaul of the company’s policies and practices regarding the access.
In the interest of full disclosure, we use a Bloomberg terminal and often run articles from Bloomberg. Bloomberg Trying to Sort Out Journalistic Ethics
How Can Women in Papua New Guinea Get Access to Financial Services?
Women constitute approximately 50% of the country’s 7 million people but
disproportionally represent less than 30% of total financial services portfolio in the country. They represent an untapped population of economically active low-income businesswomen, who are also household financial managers, making a large volume of transactions. All participating commercial banks and micro banks concurred that women represent an important market segment for them and at today’s workshop, made a commitment to increase outreach to women to 50% of total portfolio by 2015.
How Can We Deepen Womens Access to Financial Services
Line Waelgaard. Papua New Guinea. Winnie Weoa. This shows the daily life of village women in the highlands of Papua New Guinea.
Raghuram Rajan to the Indian Reserve Bank as Economy Struggles
Aneesh Srivastava, chief investment officer at IDBI Federal Life Insurance, says “For a long-term impact we need to increase the attractiveness of India as an investment destination.” In the meanwhile, policy makers’ moves since July to tighten cash supply, restrict currency derivatives and curb gold imports have failed to arrest the rupee’s slump to record lows as they struggle to attract capital to fund a record current account deficit. The rupee has weakened 28 percent in the past two years, the biggest tumble since the government pledged gold reserves in exchange for loans from the IMF in 1991. India Seeks to Buoy Rupee
How Long Does It Take to Make A Million Dollars in Different Countries
Everything changes when you cross a border. Doing business, you have to be aware of the possibilities. The Economist developed a chart showing the different rates around the world. Earning A Million Dollars
Corruption fighter, Afghan woman, rights group finalists for UBC integrity prize
An international human rights group, an Indian corruption fighter and a campaigner for Afghan women’s rights are the finalists for a $100,000 human-rights prize to be handed out by the University of British Columbia’s law school.
It is the inaugural Allard Prize for International Integrity, which will be one of the largest awards in the world given out for efforts to combat corruption and promote human rights…
Corruption fighter, Afghan woman
The Egyptian Economy Has Tanked Along With the Politics
Egypt had been growing at reasonable rates of 5 and 6 percent a year, but those rates did not provide enough jobs for the rapidly growing population. Before the revolution, there was 10 percent unemployment and 25 percent youth unemployment.
Political uncertainty following the revolution put investors on hold. Tourism, which has traditionally been 10 percent of Egypt’s GNP, plummeted. The economy has taken a hit at a time when people already felt there were not enough opportunities.
In the past the government used public sector jobs to keep the people happy. But the government was not able to expand quickly enough to employ everyone. This upset the population. Private sector jobs were not desirable, because they are not rules-based. Education did not prepare people for the good jobs in manufacturing and technology.
Fuel prices had been kept artificially low to make the people happy. That encouraged too much fuel consumption, smuggling. Benefits eventually skewed to the wealthy.
Political uncertainty is holding back any progress now. This in depth article from Foreign Affairs gives a clear a picture of that situation. Egypt
Metals Market Manipulation, Including JP Morgan
The Commodities Futures Trading Commission has issued subpoenas to Goldman Sachs, JP Morgan and other companies as it investigates the warehousing of metals to drive up prices. Fixing Metals Prices
Ghana: Women Told To Be Vigilant In Dealing With Micro Finance Companies
Women should be extra vigilant in transacting business with micro finance companies.
Micro finance groups are to assist small and medium enterprises to grow.
But some micro finance companies entered rural areas with idea of improving their lot, but ended up bolting away with their money.
Micro finance companies 
JP Morgan in the Pits
The SEC is looking at JP Morgan’s practice of hiring the children of important Chinese officials to pave the way to big Chinese contracts. Shareholders like the money their company is making. When will they rise up and say no to unethical business practices. Ethical Standards At JP Morgan Chase Are Low and Lower
From earlier reports:
JP Morgan Faces Criminal and Civil Investigations into Mortgage-Backed Securities Sales
JP Morgan Fined Peanuts for Price Manipulation







