It’s the biggest event that concerned and affect all the countries of the world since the Second World War. Certainly, effects are different but not really any less serious. The World Bank’s bill of loss amounts to 1.4 billiards of dollars.
No death like would be in war, but companies closing down, banks going bankrupt, and [...]
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Due to the slowing-down of the American economy and stock market fluctuations, thousands of IT people are facing more job cuts in recent days throughout the world. The economic downturn has affected every sector including IT, Banking, BPO, marketing, media and telecommunication.
Banks have cut almost 125,111 jobs since the credit crunch started last July 2008. [...]
A Good Digital Payment Ecosystem: Characteristics and Recommendations
A good digital payment ecosystem is one that enables financial inclusion, an ecosystem that allows all citizens to participate in the growth and development trajectory of the economy.
The key stakeholders in the digital payment scenario are numerous – internet service providers, payment system operators, technology providers, mobile network [...]
The general publicity that large outsourcing firms from the Asian – Pacific region is that they can reduce costs for software outsourcing projects with more than 50% from the normal expenses that a Western company should go through with an in-house development team. While this publicity is extremely vague and unfounded, there are some true [...]
It is when it starts to crumble that we are starting to be interested in finance. At this time where global and local finance are undergoing great changes, at this period where the rules that were predominant seem to be ignored, people are starting to learn about finance.
It is sad that we have to wait [...]
It would be great if we lived in a world that was affordable. But we don’t. The reality is that prices often rise faster than our income! No matter how hard you work, you’re still not earning as much as you were yesterday… or the day before.
So we have to make due with the [...]
The Bank of England will be better placed to to cut interest rates once inflation has dropped, it has been claimed. A Council of Mortgage Lenders spokesman commented that because inflation was still a worry, the Bank’s monetary policy committee would be unable to drop interest rates.
According to the spokesperson, he claims that when we [...]