Swedbank, Sweden’s fourth largest lender & one of the biggest banks in the Baltic region, revealed the full scale of Swedish exposure to economic turmoil in Eastern Europe last week. The bank posted dismal figures due to large losses on loans made to firms in the troubled Baltic region.
Swedbank was the first in a series [...]
Posts Tagged ‘economy’
20 Jul
Swedbank opens kimono on Baltic Lending … not a pretty sight
7 Jul
Goldman Sachs : Ten Things for India to Achieve its 2050 Potential (A synopsis)
In recent years, we have published a number of papers pointing to remarkably positive potential growth for India up to 20501. Having the potential and actually achieving it are two separate things. In this paper, we outline ten crucial steps
that we believe India must take in order to achieve its full potential. In our latest [...]
26 Jun
Phillipines makes further moves towards agricultural stability
Development of the Filipino agricultural sector is key to the economic and social progression of the country, especially considering the potential impact the industry can have on poverty and unemployment. In 2007 agriculture activity already employed nearly 12m people, equating approximately to one-third of the country’s entire labour force, while also accounting for nearly one-fifth [...]
18 Jun
China : first to bottom – first to bounce
The global financial crisis has forced Canada to rethink the received wisdom about fiscal management. It should also force a rethink of the international economic order and how we must position ourselves for a post-crisis world. Can we count on our traditional ties with the U.S. to sustain long-term development? If the crisis marks a [...]
