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What Is A Tobin Tax, And Why Does Bill Gates Back It?

Microsoft founder Bill Gates has lent his weight in support for a Tobin tax, ahead of his presentation at the G20 meeting in Cannes.

5 November 2011 | Viewed: 48 | News » Theme of day | Read full
G20: Bill Gates Advocates Greater Transparency to Aid Developing Nations

NEW YORK, 3 November 2011 -- Bill Gates today greatly advanced efforts to aid developing nations by urging the G20 to require greater transparency by oil, gas and mineral companies, the Revenue Watch Institute said. "I believe the G20 countries should endorse legally binding transparency requirements," Mr. Gates said in a formal report to the G20, which met in Cannes, France. "The United States recently passed such legislation, and the European Union is considering it, but all G20 countries should require the mining and oil companies listed on their stock exchanges to disclose payments to governments." "Mr. Gates is very wisely helping the G20 to think beyond traditional foreign aid and to consider how countries can finance their own development," said Karin Lissakers, director of Revenue Watch. "The greatest potential is in countries that are rich in natural resources.

5 November 2011 | Viewed: 62 | News » Theme of day | Read full
Business Leaders Urge Bigger Role for Yuan

CANNES, France-Business leaders meeting alongside the Group of 20 industrial and developing nations summit in France on Wednesday endorsed a move toward a "multipolar" global currency system, with a greater role for the Chinese yuan.

3 November 2011 | Viewed: 70 | News » Theme of day | Read full
Euro zone contemplates future without Greece

European leaders were preparing on Thursday for the possibility of Greece leaving the euro zone to preserve the 12-year-old single currency.

3 November 2011 | Viewed: 63 | News » Theme of day | Read full
Mobile Internet Becomes Faster with New Modem from GSM Kazakhstan/Kcell

2 November 2011, Almaty - Operator of cellular communication GSM Kazakhstan, operating under the trademarks Kcell, Activ and Vegaline announces release on the market of the new high-speed USB-modem, ensuring data transfer rates of up to 7.2 megabits per second in the third-generation communication networks (3G).

3 November 2011 | Viewed: 127 | News » Theme of day | Read full
France, Germany demand Greek decision on euro

Germany and France told Greece on Wednesday it should make up its mind by mid-December whether it wants to stay in the euro zone when Greeks vote on a 130-billion-euro ($178 billion) bailout.

3 November 2011 | Viewed: 63 | News » Theme of day | Read full
GSM Kazakhstan/Kcell Mobile Network Operator and “Kaspi Bank” JSC Launch “Autopayment” Service Enabling Free Balance Top Ups for Their Clients

31 October 2011, Almaty - Mobile operator GSM Kazakhstan/Kcell and one of the largest retail banks in Kazakhstan Kaspi Bank announced the launch of the "Autopayment" service, allowing topping up the balance of the mobile phone through automatic transfer of money from the bank account, thus saving the time of a subscriber.

1 November 2011 | Viewed: 100 | News » Theme of day | Read full
China names new financial chiefs

China named new heads to three top financial regulatory posts on Saturday, the official Xinhua news agency said, the first big step in a comprehensive leadership change that will culminate when its top political leaders retire.

1 November 2011 | Viewed: 52 | News » Theme of day | Read full
Concluding Statement of the 2011 IMF Mission

An International Monetary Fund (IMF) mission led by Ana Lucia Coronel visited Almaty and Astana during October 21-28, to review economic and financial sector developments since the last Article IV consultation in June 2011, and discuss economic prospects.

31 October 2011 | Viewed: 147 | News » Theme of day | Read full
Doubts Rise on EU Deal

Bond Investors Skeptical as Attention Shifts to Italy; High Rates for New Debt.

31 October 2011 | Viewed: 70 | News » Theme of day | Read full
BOE's Monetary Gamble Nears Its Endgame

It hasn't been hard to find critics of the Bank of England's monetary policy in the years since the financial crisis broke.

28 October 2011 | Viewed: 70 | News » Theme of day | Read full
Kazakhstan's MPs toughen ecology laws for miners

Kazakhstan's parliament on Wednesday approved a strict ecology bill, in a move expected to make some of the world's leading metals miners spend more on treating their waste.

28 October 2011 | Viewed: 63 | News » Theme of day | Read full
A Firewall to stop Europe’s crisis spreading

When leaders of the largest economies meet next week in France, our citizens will be watching for the same sense of common purpose that allowed us to rescue the global economy two years ago from a financial crisis that was sparked by years of irresponsibility.

28 October 2011 | Viewed: 61 | News » Theme of day | Read full
Georgia Accepts Proposal on Russia's WTO Bid

MOSCOW-Georgia said Thursday it has accepted a Swiss-brokered proposal to solve a dispute with Russia that threatens to halt Moscow's pursuit of World Trade Organization membership.

28 October 2011 | Viewed: 57 | News » Theme of day | Read full
EU Confirms 1 Trillion Euros Bailout Fund, 50% Greek Writedown

After marathon talks and emergency meetings, the European Union has finalized a deal that is set to contain the growing debt crisis.

27 October 2011 | Viewed: 54 | News » Theme of day | Read full
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