Argentina said on Tuesday it had stripped Bank of New York Mellon’s authorization to operate in the South American country, its latest move against the financial institution which blocked an Argentine government debt payment on the orders of a U.S. court. BNY Mellon, a financial intermediary between the Argentine government and its bondholders, has been… Continue reading VIDEO: Argentina Revokes Bank Of New York Mellon’s Authorization To Operate
Tag: Political geography
VIDEO: South Korea May Consumer Sentiment Slips To Eight-month Low
Central bank data showed on Tuesday,South Korea’s composite consumer sentiment index in May slipped to its lowest in eight months, dampening hopes for a firm recovery in domestic consumption in Asia’s fourth-largest economy. The composite consumer sentiment index fell to 105 in May from 108 in April, a survey by the Bank of Korea showed.… Continue reading VIDEO: South Korea May Consumer Sentiment Slips To Eight-month Low
VIDEO: India’s New Party Election Could Lure U.S. Firms
The sweeping victory of India’s opposition party and its pro-business leader will likely create a more stable, tax-friendly investment climate for U.S. companies, analysts say. On Friday, the Bharatiya Janata Party and its allies won more than the 272 seats needed for a majority in Parliament, pushing the long-dominant Congress party from power and setting… Continue reading VIDEO: India’s New Party Election Could Lure U.S. Firms