January 2, 2012
Tran Hoang Huy, Director of Huy Phat Company A senior customs officer has been suspended after a businessman complained about customs services in a letter to Vietnam’s finance minister earlier this month. But there’s no sign that the suspension will be followed by a punishment as the first investigation by the ministry concluded the official innocent, news website VnExpress [...]
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October 15, 2011
Vietnam’s new cabinet makes a strong start with several “smart technocrats”, but economic woes and lack of transparency pose hurdles, according to analysts Residents fishing next to Han River bridge in central coastal city of Da Nang. New Transport Minister Dinh La Thang last week took the unusual step of firing the manager of [...]
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October 3, 2011
The DAX Index board is pictured at Frankfurt’s stock exchange August 5, 2011. Greece’s admission that it will miss its deficit targets this year and next despite harsh new austerity measures sent stock markets reeling on Monday and raised new doubts over a planned second international bailout. The gloomy news from Athens brought the specter [...]
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September 27, 2011
File picture shows Russian President Dmitry Medvedev (L) meeting with then finance minister Alexei Kudrin in May. The Kremlin on Tuesday faced warnings of trouble for the Russian economy after President Dmitry Medvedev ousted his finance minister in the most bitter public clash within the elite for years. Finance Minister Alexei Kudrin, who had been [...]
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September 22, 2011
Greece adopted yet more austerity measures on Wednesday to secure a bailout installment crucial to avoid running out of money next month, as the IMF warned that Europe’s sovereign debt crisis risks tearing a giant hole in banks’ capital. The Greek cabinet agreed to cut high pensions by 20 percent, put 30,000 civil servants [...]
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July 26, 2011
Greek Finance Minister Evangelos Venizelos (pictured) has said that US support is vital for Greece, after a day of Washington meetings as Athens pushed to finalize its second massive international bailout. Greek Finance Minister Evangelos Venizelos has said that US support is vital for Greece, after a day of Washington meetings as Athens pushed to [...]
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April 16, 2011
French Finance Minister Christine Lagarde (C), International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn (R) and South Korean Finance Minister Yoon Jeung-hyun chat before posing for the family photo of G20. Seven of the world’s leading economies including China and the United States faced deep scrutiny over fiscal and financial imbalances Saturday as the G20 [...]
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November 11, 2009
Finance Minister Vu Van Ninh.VietNamNet Bridge – Ministers of Finance and Planning-Investment have spelled out the under performance of state-owned groups and corporations to the National Assembly. They claim that losses sustained are as a result of holding down prices of essential goods like electricity, coal, clean water and petroleum. NA deputies discuss state-owned groups’ business After reading [...]
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November 10, 2009
It is still too early to remove stimulus, and climate change financing remains the key to success of the Copenhagen conference, the G20 finance ministers and bank governors said Saturday. Britain’s Prime Minister Gordon Brown (L) talks to the Chairman of the U.S. Federal Reserve Ben Bernanke (back to camera), U.S. Treasury Secretary Timothy Geithner [...]
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October 2, 2009
European Union (EU) finance ministers on Thursday agreed on some principles of an exit strategy to phase out their economic stimulus, but left a question mark on when to put it into practice. Sweden’s Finance Minister Anders Borg arrives for the dinner of the G20 Finance Ministers’ meeting at the Guildhall in the City of [...]
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