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Trump Presidency Favorable for Stock Market: Survey

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Trump Presidency Favorable for Stock Market: Survey

In a recent survey of self-directed, independent investors, the majority of respondents gave Donald Trump a narrow lead over Hillary Clinton when asked which U.S. presidential candidate had the potential to most favorably impact the U.S. stock market. Trump garnered 39% of responses while Secretary Clinton received 34%, followed by John Kasich with 13%, Ted [...]

Victoria Kwakwa Gets Top World Bank Post

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Victoria Kwakwa Gets Top World Bank Post

World Bank Group President Jim Yong Kim has appointed Victoria Kwakwa as the new Regional Vice President for East Asia and Pacific. Kwakwa, a Ghanaian national, will lead the Bank’s advisory and lending operations in the region and oversee strategic engagement with the region’s 23 member countries. The Bank’s lending in East Asia Pacific is [...]

India to Record Over 7% Economic Growth: Arun Jaitley

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India to Record Over 7% Economic Growth: Arun Jaitley

The Finance Minister of India, Arun Jaitley, says that despite adverse global headwinds, India is all set to record a growth of 7–7.5%. Jaitley was speaking at The Growth Net event that started in New Delhi Thursday. In his remarks at the opening plenary session, Jaitley said that India is a high growth market and [...]

1 in 3 Americans Has $0 Saved for Retirement

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1 in 3 Americans Has $0 Saved for Retirement

One in three Americans has absolutely nothing saved for retirement, according to a survey of over 4,500 people by personal finance website GOBankingRates.com. The survey also found that: 56% of Americans have less than $10,000 saved for retirement. Women are 27% more likely than men to have no retirement savings. 72% of millennials have saved [...]

One in Five Americans Expect to Die in Debt: Survey

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One in Five Americans Expect to Die in Debt: Survey

America continues to polarize into a nation of haves and have-nots when it comes to debt, according to a new CreditCards.com survey. The survey shows that the number of Americans with no debt is growing, but so is the number of indebted Americans who say they’ll never get out. More than one in five Americans [...]

Boosting Investment Towards Climate Smart Cities

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Boosting Investment Towards Climate Smart Cities

New policies and mechanisms are unlocking investment for much-needed climate-smart infrastructure in cities, according to a new report launched at Paris City Hall by United Nations Secretary-General Ban Ki-moon and international partners. “Your efforts enable your citizens to reduce their carbon footprint, breathe cleaner air and live more healthy lives,” Mr. Ban told mayors and [...]

Grameen Koota Welcomes Nobel Laureate Muhammad Yunus

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Grameen Koota Welcomes Nobel Laureate Muhammad Yunus

World-renowned social entrepreneur, founder of Grameen Bank, and pioneer of micro-credit, Prof. Muhammad Yunus inaugurated the new corporate office of NBFC-MFI Grameen Koota in Jayanagar, Bangalore on Saturday, September 5, 2015. Professor Yunus often referred to as father of micro credit, developed the concept which has enriched millions of poor households around the world with [...]

BJP Budget: Dhan Wapsi Budget for the Corporates

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BJP Budget: Dhan Wapsi Budget for the Corporates

Arun Jaitley, the Finance Minister of India, presented the Union Budget 2015-16 in the Lok Sabha on Saturday. Like all governments in India claim, the ruling Bharatiya Janata Party (BJP) government also believes that it’s a pro-poor Budget. However, the opposition political parties have dismissed the government claims, saying the Budget has ignored the needs [...]

What Exactly Is the Islamic State’s New Currency for the Caliphate?

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What Exactly Is the Islamic State’s New Currency for the Caliphate?

By Rakesh Raman The Islamic State (or the Islamic State of Iraq and Syria, ISIS) has decided to produce its own currency in the form of gold, silver, and copper coins to be called Islamic Dinars. While the new currency may not be initially acceptable in other parts of the world, ISIS plans to use [...]

Meet the 55 Richest People in Africa

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Meet the 55 Richest People in Africa

Ventures Africa, an African business magazine and news service, today released its second annual ranking of Africa’s wealthiest people. ‘The Richest People in Africa’ list is a compilation of the continent’s wealthiest individuals. In 2014, Ventures Africa has tallied 55 African billionaires, with a net worth totalling $161.7 billion. This year, Africa welcomed five new [...]

Mom Goes to Kickstarter with Sweet Apple Pie Fries

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Mom Goes to Kickstarter with Sweet Apple Pie Fries

Niki Durig of Portland, Ore., has her eyes on creating a national franchise that would share her dessert and opportunity with the country. It’s Sweet Apple Pie Fries! “We take Granny Smith apples, cut them into thin slices, hand batter them, fry them, dust them in cinnamon and sugar, then serve them with whipped cream [...]

Uday Kotak from India Named EY Entrepreneur of the Year

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Uday Kotak from India Named EY Entrepreneur of the Year

Uday Kotak, the founder and managing director of Kotak Mahindra Bank (KMB), was named EY World Entrepreneur Of The Year 2014 at an awards ceremony held Friday in Monaco’s Salle des Etoiles. Uday was picked from among the 60 country finalists vying for the title from 51 countries, each of whom has already been named [...]

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