finance
By Odile DUPERRY Paris (AFP) - Leur avis sur la solidité de la dette française était particulièrement guetté vendredi après une série de mauvaises nouvelles concernant les finances publiques depuis février. Mais Fitch et Moody's, deux des plus grandes agences de notation, ont laissé leurs notes inchangées. Fitch, qui avait dégradé la note française l'an dernier, à "AA-" avec perspective stable, a réaffirmé cette note, qui signifie que le risque de défaut reste très faible. Elle avait prévenu dès le début du mois qu'elle ne comptait pas la changer. Moody's pour sa part n'a pas à proprement parl...
AFP (Français)
On April 16, the Canadian government tabled its 2024 budget proposal. Called "Fairness for Every Generation," it is aimed at helping Millennials and Gen Zs, with C$535 billion earmarked by the Trudeau government for investments in housing, clean economy initiatives, childcare, healthcare and national security. But one section of the document has garnered widespread attention — changes to the capital gains tax scheme. Starting on June 25, 2024, changes to Canada's tax system will aim to “enhance fairness” by adjusting the inclusion rate for capital gains. Individuals with over C$250,000 in annu...
Investing News Network
Russia's state-owned Sberbank announced a first-quarter net profit of $4.32 billion, an 11.3% increase over the same period last year, Reuters reported on April 26. Despite being under Western sanctions, Russia's banking industry is once again thriving. Sberbank reported a record annual profit of $16.3 billion in 2023, a more than five-fold increase in 2022. "We are observing strong growth for the start of the year in retail clients' funds, which forms a solid base for the development of the business in the future," CEO German Gref said in a statement reported by Reuters. The bank announced on...
Kyiv Independent (UK)
Russia's state-owned Sberbank announced a first-quarter net profit of $4.32 billion, an 11.3% increase over the same period last year, Reuters reported on April 26. Despite being under Western sanctions, Russia's banking industry is once again thriving. Sberbank reported a record annual profit of $16.3 billion in 2023, a more than five-fold increase in 2022. "We are observing strong growth for the start of the year in retail clients' funds, which forms a solid base for the development of the business in the future," CEO German Gref said in a statement reported by Reuters. The bank announced on...
Kyiv Independent (CA)
Russia's state-owned Sberbank announced a first-quarter net profit of $4.32 billion, an 11.3% increase over the same period last year, Reuters reported on April 26. Despite being under Western sanctions, Russia's banking industry is once again thriving. Sberbank reported a record annual profit of $16.3 billion in 2023, a more than five-fold increase in 2022. "We are observing strong growth for the start of the year in retail clients' funds, which forms a solid base for the development of the business in the future," CEO German Gref said in a statement reported by Reuters. The bank announced on...
Kyiv Independent
As a business leader or an entrepreneur, you need to know customers value your business. But value isn’t just about having a great product; it’s also about the intangible worth— or equity– of your company. Successful, high-value brands know that boosting brand perception and brand equity requires a multi-faceted plan of attack. That means a comprehensive strategy that includes not just the obvious (content, marketing, sales, etc.), but a number of other important components. Think of a brand you know and love, and the delightful little details that keep you intrigued and their employees happy....
Due
By Etienne BALMER Tokyo (AFP) - La Banque du Japon (BoJ) n'a pas modifié vendredi son taux directeur, maintenu entre 0% et 0,1%, et a gardé un ton accommodant, en minimisant les potentiels effets négatifs de la chute du yen, qui s'est encore intensifiée après ses annonces. Cette pause était largement attendue après l'amorçage en douceur en mars de la normalisation de la politique monétaire de la BoJ, qui avait alors mis fin à ses taux négatifs, l'outil le plus spectaculaire de sa politique ultra-accommodante. Mais l'institution n'a pas non plus modifié sa politique en matière d'achats d'obliga...
AFP (Français)
By Odile DUPERRY Paris (AFP) - Les verdicts de printemps des agences de notation Moody's et Fitch sur la dette souveraine française sont attendus vendredi soir, alors que l'aggravation récemment annoncée des finances publiques laisse prévoir au mieux des commentaires peu flatteurs. En février, le gouvernement avait dû abaisser de 1,4% à 1% la croissance attendue cette année, et annoncer qu'il devait trouver en urgence 10 milliards d'économies sur le budget de l'Etat. Fin mars, c'est l'Institut national de la statistique (Insee) qui annonçait que le déficit public avait dérapé à 5,5% du PIB en ...
AFP (Français)
A Miami federal jury has found the former Comptroller General of Ecuador guilty of a million-dollar money laundering and bribery scheme. Carlos Ramon Polit Faggioni, 73, was involved in a series of illegal activities between 2010 and 2015, a period when he was entrusted with safeguarding his country’s public funds. Former comptroller found guiltyIn his high-profile capacity as the Comptroller of Ecuador, he was supposed to be the shield the country depended on to root out industrial espionage. Instead, he benefited from ill-gotten gains from private firms and backhanded bribes, especially from...
Due
Paris (AFP) - Le secteur des Ehpad a salué mercredi l'annonce du gouvernement de leur affecter 650 millions d'euros, en réponse à leurs difficultés financières, mais appelle les pouvoirs publics, notamment les départements, à faire plus. La ministre déléguée aux Personnes âgées, Fadila Khattabi, a annoncé mardi une augmentation de 5% du financement de l'Etat en 2024 pour les Ehpad publics et associatifs, et de 3% pour le secteur privé commercial. Soit un coup de pouce total de 650 millions --des lignes déjà comprises dans le budget 2024, a précisé le ministère à l'AFP. Dans un communiqué mercr...
AFP (Français)
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