07252014Headline:
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UK Leads G7 Growth

The UK economy will grow faster in 2014 than any other G7 economy, while low wage rises will ensure interest rates do not rise until next year, an influential report has forecast. UK GDP growth will hit 3.1% this year, spurred by strong capital...
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China Growth Up

China’s economy picked up speed in the April-to-June quarter, a sign that the government’s stimulus moves have started to have an impact. The world’s second-largest economy expanded 7.5%, from a year ago, up from 7.4% growth...
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Brazilian LTN Sales

Brazilian LTN’s seem to be all the rage these days and there are buyers who will pay for them aplenty. The current rate being offered is $300M per LTN. The LTN’s buyers are interested in need to be H series. They must be placed onto DTC...
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KTT Transfers (Key Tested Telex)

KTT (Key tested telex) is what banks used to use to transfer and receive funds before the SWIFT system. It is an older form of wire  transfer of funds which  used a telex machine  (instead of the modern digital  data transfer) messages ...
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UK Economy Leads G7

The International Monetary Fund (IMF) has raised its forecast for Britain’s economic growth more than any other major economy for the third time in a row, in a boost to the Chancellor’s fortunes. The Fund said it expected Britain’s economy...
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Ranbaxy Ban

The US has banned India’s largest drugmaker Ranbaxy from producing and distributing drugs for the US market from its Toansa facility in Punjab. The US drug regulator said there had been “significant” manufacturing violations...
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Argentina Restricts Online Shopping

In an effort to stop its dwindling foreign currency reserves from running dry, Argentina on Tuesday announced its restricting online shopping in the country. Specifically, shoppers making purchases from international sites, like Amazon or eBay,...
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Apple China Mobile Deal

Apple Inc said it has signed a long-awaited agreement with China Mobile Ltd to sell iPhones through the world’s biggest network of mobile phone users. In a deal that could add billions of dollars to its revenue, Apple said its smartphones...
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Economy Shrinks 0.5% for Brazilian third quarter

Brazil’s economy fell into contraction in the third quarter, with output shrinking by more than analysts had forecast, according to official state figures. The Instituto Brasileiro de Geografia e Estatistica (IBGE) said that Brazil’s...
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End of the Mark

The East German mark, commonly called the eastern mark was the currency of the German Democratic Republic (East Germany). Its ISO 4217 currency code was DDM. The currency was known officially as the Deutsche Mark from 1948 to 1964, Mark der...