Yesterday, the Chancellor’s announcement about a £40 billion loan guarantee scheme to make it easier to access credit for businesses. It was the good news designed to soften the bad news. Related PostsSouth Africa: India loan scheme for small and SA Education South Africa : India’s Loan Scheme for Small Businesses Holds Lessons for SA [...]
The measure is part of a cautious overhaul of Cuba’s Soviet-style economy. It began in 2006 when Raul Castro took over from his older brother Fidel as president. It comes into effect December 20. According to the decree, the amount and conditions will be agreed between the bank and the borrower and the loans will [...]
In Ireland, banks have taken a turn for the worst crisis. Sales of Irish Life and permanent life insurance division had been destroyed, collapsed and huge losses caused by the banking crisis. The government has said that no bids were received for the company, despite significant interest from a variety of high potential buyers. Related [...]
