Log In | Subscribe | | |

Politics and Economies

Mr Hiroshi Nakaso, Deputy Governor of the Bank of Japan spoke at the Japan Society in New York, New York City on the 12 February 2016. He says that his primary goal is to overcome deflation and that this can be done by increasing the both the demand and the supply side of the economy, in particular by encouraging more women into the workforce. It works in Sweden, he says. He also wants all fit and healthy elderly people to work.

CoNet Section: 

Criticism of Margaret Thatcher is often based on flawed reasoning - and false statements that have been too-often repeated. Nigel Morris-Cotterill, Head, The Anti Money Laundering Network, ultimate owner of ChiefOfficers.Net presents a balanced viewpoint. Actually, he says, she created a business-friendly environment. How can that be a bad thing?

CoNet Section: 

The USA lumps all kinds of insolvency proceedings under the single heading of "bankruptcy" and so its headline figures are misleading. But behind the headline figure - that there was a near-30% increase in 2009 as against 2008 - there are some trends that indicate a deep malaise in the US economy - and signs that there's still a long way to go before bad debt has returned to actuarially acceptable levels.

CoNet Section: 

Five foreign subsidiaries of Thermon Manufacturing Company, a San Marcos, Texas-based firm, have agreed to pay a total of USD176,000 in combined civil penalties.

CoNet Section: 

Two days ago, the British government told TATA that it would not underwrite loan guarantees without conditions (story). TATA didn't like that - and said the UK Government was putting jobs at risk. Today, TATA owned CORUS, the rump of what was British Steel, says it is mothballing its Teesside plant at a cost of 2,000 jobs.

CoNet Section: 

Washington manufacturer Danaher announces 1700 job cuts over the next year

CoNet Section: 

William C Thompson, Jr. says that he expects far more job losses than originally forecast.

CoNet Section: 

As HSBC's management rolls around the world conducting its staff and efficiency review, an additional 500 jobs have been earmarked to be cut from the UK workforce of more than 58,000.

CoNet Section: 

Barclays' Bank announced 3,000 job losses in October - but it is now thought to be preparing for more.

CoNet Section: 

Global banks are in global crisis and Credit Suisse says that it is to cut 650 jobs, mainly in its flagship investment banking division.

CoNet Section: 

Pages