Tax saga deepens
FINANCE MINISTER Audley Shaw has distanced the Ministry of Finance and himself from alleged attempts to remove Gladstone Turner from his job.
Source: Jamaica Gleaner
-
Irish debt cut to 'junk' status as euro zone crisis deepens
Irish debt was cut to “junk” status by credit rating agency Moody’s, last night, hours after the Minister for Finance said that measures to aid Greece proposed by euro zone finance ministers on...
-
Afghan banking crisis deepens
The Afghan government will struggle to pay its bills 'within a month', with the International Monetary Fund rejecting proposals for resolving the Kabul Bank scandal, Western officials have warned.
-
DBS signs MOU with Sumitomo Trust to deepen co-operation
Singapore’s largest lender DBS Group (DBSM.SI) said on Friday it has signed a memorandum of understanding with Sumitomo Trust and Banking to deepen business cooperation in Asia. The agreement came...
-
Portugal deficit tops target as crisis deepens
Portugal's financial plight deepened on Thursday when official figures showed the debt-stressed country's budget deficit last year was 8.6 per cent of GDP, above the government target of 7.3 per cent...
-
Two savings banks in S. Korea suspended as woes deepen
The Financial Services Commission on Thursday suspended operations of two savings banks as part of its ongoing restructuring of the secondary banking sector hit by toxic construction debt.
-
Queues form at Ivory Coast banks as crisis deepens
ABIDJAN (Reuters) - Long queues formed outside banks in Ivory Coast's main city, Abidjan, on Wednesday as Ivorians rushed to withdraw their cash from a banking system that has been paralyzed by the...
-
Health row deepens as Michael McGimpsey told there is ‘plenty of fat’ to trim
The row between Sammy Wilson, the Finance Minister, and Michael McGimpsey, who holds the health portfolio, has just turned toxic. Related Stories Gary Moore tribute: Thin Lizzy boys are back in town...