Blackstones Steve Schwarzman Speaks On Coronavirus Fedrate Cut India Slowdown And More

BloombergQuint spoke with Stephen A Schwarzman about leadership, the journey in building Blackstone Group and the global economy and his thoughts on India. Schwarzman, who is also the chief executive officer and chairman of the firm, called the U.S. Federal Reserve’s move to cut rate “a bit of a failed experiment”. What’s hurting the global […]

Read More…

Choking Travel Won’t Stop Coronavirus Spreading: WTTC

Closing borders, blanket travel bans and more extreme government policies will not stop the spread of coronavirus, says the head of the World Travel & Tourism Council (WTTC) Recently, Guevara called for governments and authorities worldwide not to overreact with disproportionate measures in a bid to control Covid-19. She said, “Governments and those in authority […]

Read More…

Putting economic growth at the service of citizens for a prosperous, sustainable and inclusive Mauritius

“Towards an inclusive, high income and green Mauritius, forging ahead together” Putting economic growth at the service of citizens for a prosperous, sustainable and inclusive Mauritius, is the conviction expressed by the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy, during his intervention, yesterday, on the Government Programme 2020-2024 “Towards an inclusive, high […]

Read More…

Inclusion of Mauritius in the FATF list of “jurisdictions under increased monitoring”

The Financial Action Task Force on February 21, 2020, has placed Mauritius in the list of “jurisdictions under increased monitoring”, commonly referred to as the “grey list”… It is noted from FATF website that when a jurisdiction is placed under increased monitoring, it construes that the country has committed to resolve swiftly the identified strategic […]

Read More…

A Global Economic Shock Needs A Global Solution

Proper policy coordination at the global level, and not just correlation, can provide an important assist to local and national efforts. (Bloomberg Opinion) — Policy makers are playing catch-up and seeking to minimize further disruptions as the coronavirus causes cascading domestic and international economic stops. How they approach this challenge will matter almost as much […]

Read More…