Can you think of a 4-letter word ending with k? Something that many people profess to do and yet evidently they are not doing enough of? Yes, the answer is R-I-S-K or more accurately, the ‘management of risk‘ as they go about their daily lives.
At Smart Incubator, we passionately believe that teens and adults can [...]

risk, Risk Management Hide

Feb. 9 (Bloomberg) — Greek Finance Minister George Papaconstantinou said he can’t call for outside aid as his government struggles to cut the European Union’s largest budget deficit.
“The worst possible signal which we could send out is one calling for outside help,” he said in an interview with Bloomberg Television in Athens yesterday. “We will tackle [...]

debt, Euro Zone, greece Hide

BRUSSELS: The European Union, shaken by Greece’s fiscal crisis and struggling to get its new institutions into gear, hopes to relaunch itself this week as leaders mull improved, coordinated economic governance.
Europe’s post-recession economic woes, highlighted by the swelling deficits of Greece and others, will be the focus of a European Union summit on Thursday.
The meeting [...]

credit, debt, Euro Zone, global markets, greece, recession, spain, UK Hide

SYDNEY: Australia’s treasurer said on Sunday the government would withdraw its bank funding guarantee due to improved conditions, ending a scheme put in place at the height of the global crisis.
Treasurer Wayne Swan said the Council of Financial Regulators had recommended ending the measure, which he said had been vital in stabilising Australia’s banking system [...]

australia, Interest rates, recovery Hide

IQALUIT, Canada – Finance ministers from leading industrial nations wrapped up two-day talks Saturday in northern Canada by vowing to continue massive public spending to bolster a shaky global recovery.
Canadian Finance Minister Jim Flaherty told a closing press conference that he and his G7 counterparts “need to continue to deliver the stimulus to which we [...]

G7, global markets, recovery, stimulus Hide

You first start learning about teaching your kids about money on that special trip to Wal-Mart when your child first throws a tantrum because you won’t buy her a Barbie doll. Some people will grab the child from the shopping cart and leave the store fuming and red in the face. Other parents might opt [...]

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Switzerland’s central bank was seen selling francs in Asian trading time on Friday, sending the euro leaping higher after it hit a 15-month low against the franc and helping it rise above an eight-month trough against the dollar.
The euro has been under relentless selling pressure in the past month on concerns about sovereign debt problems [...]

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WASHINGTON: Democratic lawmakers introduced a bill Thursday that would slap a 50-per-cent tax on “excessive” bonuses paid to employees of bailed-out Wall Street banks and investment firms.
“It is outrageous that these companies are now doling out millions of dollars in bonuses while the rest of America feels the pain of their reckless decisions,” said Senator [...]

bonus, taxes, US Hide

NEW YORK: Wall Street shares plunged on Thursday as weak US data combined with heightened fears of debt problems in European Union countries sent shockwaves through the markets.
The Dow Jones Industrial Average tumbled 268.37 points (2.61 percent) to end at 10,002.18, its lowest level since November, after a brief dip below 10,000 points.
The tech-heavy Nasdaq [...]

debt, Euro Zone, fears, stock market, US Hide

The January jobs report could turn the tide for markets Friday, but traders say there’s a lingering global risk aversion that won’t easily fade away.
The government’s employment report was supposed to have been the story of the week. That was until markets around the globe started focusing on the idea that sovereign debt risk in [...]

investments, unemployment, US Hide

FRANKFURT: A European Central Bank meeting on Thursday will be dominated by concerns over debt-ridden Greece and other countries with high public deficits that have pushed the eurozone into its worst-ever crisis.
Economists polled by Dow Jones Newswires expect the ECB’s main interest rate to stay at a record low of one per cent for most [...]

debt, Euro Zone, forex, greece, Interest rates, investments Hide