finance | banking | taxes


The Southern Bank: the result of the struggle of movements
The Southern Bank is not just a bank, not even a further development bank. It is the expression of the struggle against a model that takes out resources from the poorest nations. If this bank no longer manages to represent such expression and becomes more of the same, the movement will have a new institution to resist.
US, China sign energy, environment accord
The US and China have signed a framework for an agreement to define cooperation on energy and environmental issues and will soon launch negotiations to reach a comprehensive investment and financial services treaty.
India's Baroda and Axis Banks' eye Sri Lanka
The Sri Lankan government is forging ahead with the Comprehensive Economic Partnership Agreement (CEPA) which will facilitate the entry here of two Indian banks - Bank of Baroda and Axis Bank, according to senior officials at the Central Bank.
RBI objects to bilateral trade agreements
After political opposition to bilateral trade agreements, it is now the Reserve Bank of India that is raising the red flag on treaties signed by India.
FTA approval could be held up by unconstitutional clauses
A South Korean parliamentary report says that some of the clauses of a free trade agreement with the United States -- National Assembly's right to dictate taxable items and tax rates -- may be unconstitutional.
Bank of the South: A potential new challenge to hegemonic global finance and its monetary terrorism
Although there are no well-developed models, the possibility of regional banks independent of the agents of monetary terrorism serving what David Harvey calls "vulture capitalism" is becoming a reality.
Australia: 'India's financial sector interests us'
The new Australian government would forge closer relationship with India and take the partnership forward in key areas like energy infrastructure, agriculture and food processing, feels Simon Crean, Australia's minister for trade.
RP may lose up to P4B in JPEPA's 1st year - DOF
The Philippine government stands to lose P3 billion to P4 billion in revenues in the first year alone of the implementation of the Japan-Philippines Economic Partnership Agreement, estimates by the Department of Finance showed.
New Delhi not to freely ink trade pacts with controlled economies
The Indian government may take a cautious approach while negotiating free trade agreements with countries such as China that do not have a market-driven exchange rate policy.
US couple sues over income-trust taxes
A Chicago couple is launching a challenge under the North American Free Trade Agreement after they lost money when the Canadian government opted to tax income trusts last year.