Exposing tax dodgers is a worthy endeavor, but the limited hangout of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds. The bombshell publication of the Panama Papers, leaked from a Panama law firm specializing in shell companies, has triggered…
DAVID Cameron is right. He only has himself to blame for the crisis of confidence which is in danger of turning the June 23 referendum on Britains European Union membership into a vote on the Prime Ministers trustworthiness and probity of his personal finance arrangements. If he had been open with people at the outset…
Sir, I read with interest Conor Popes article Distressed borrowers share their stories (April 4th), regarding a public meeting in Portlaoise on April 2nd, which was called to highlight the plight of people facing repossession proceedings in Ireland. The article described the very real human impacts that debt can have on individuals at a physical…
(ANSA) – Verona, April 7 – The opera company that stages concerts and shows at Verona’s ancient Roman arena is going to be put into liquidation by the Verona Arena Foundation, ANSA sources said on Thursday. The move follows Wednesday’s rejection by workers of a cost-cutting agreement signed by the foundation and trade unions. Workers…
BathindaPosted at: Apr 11, 2016, 12:29 AM; last updated: Apr 11, 2016, 12:29 AM (IST) Launching of new scheme She said from Monday onwards, the Punjab Government would launch the Bhagat Puran Singh Health Insurance Scheme, which was part of a series of pro-farmer initiatives the government had launched Terming the hurling of shoe on…
Commissioner Margrethe Vestager, in charge of competition policy, stated: “Following the economic difficulties of Oltchim and the cancellation of public debts owed by the company, we need to verify whether a private creditor would have accepted to act in the same way. Thanks to its recent reorganisation, Oltchim’s financial situation has improved and Romania hopes…
The business practices of Stephen Dorrell have been called into question after a business partner accused the former health secretary of leaving him with nothing. Dorrell used a controversial insolvency procedure to move a publishing company into a new corporate entity owned by himself, making shares owned by his business partner worthless and thwarting an…
Posted: 3:00 a.m. 0 The kindest way to explain the election of 2012 is Americans voted for the status quo incumbent president and divided Congress. They must have enjoyed the gridlock, partisanship, incompetence, economic stagnation and avoidance of responsibility. Fewer people voted…
Restructuring package of engineering PSU Andrew Yule, which was referred to BIFR, has been completed post the conversion of Bank of Baroda’s loan into equity and the company is now looking at higher profits, a top official said. “Following the recent conversion of BoB’s term loan into equity, the restructuring package of Andrew…