November 20th, 2012

Published by: iExpats.com

Financial News Articles April 2012

This is a collection of all the articles in the Financial News category from iExpats.com in April 2012
also offers loans to those countries who cannot raise enough money to sustain growth on the capital markets.

What do the new pledges mean in practice?

The pledges do not mean much in the short term for individual nations looking for reassurance that a further drawdown will be available on demand. But for the wider market, the pledges are important because they prove that Lagarde has the money to build a robust enough firewall against contagion to the rest of the world. Related posts: The IRS has pushed back the start date of FATCA the Foreign Account Compliance Tax Act from Janu...

IMF pledges more support for the Eurozone

Source: http://www.iexpats.com/2012/04/imf-pledges-more-support-forthe-eurozone/ November 20th, 2012

Expat IT girls go global with support group

Source: http://www.iexpats.com/2012/04/expat-it-girls-go-global-withsupport-group/ November 20th, 2012

After a round of pledges from some of the countries that back it, the International Monetary Fund has confirmed that it has an extra US$430 billion available to help rescue the Eurozone from further decline. This means that the IMF now has a total of around US$1 trillion in reserves available for financial packages. However, as the people of Greece have recently learned, the IMF does not simply hand over the money and disappear off into the sunset. The United Nations specialist agency insists that strings are attached, including defined ideas about how policy changes should drive economic improvements in troubled countries. It is a widely held view that the Growth and Stability Pact among members of the Euro was not adequately adhered to or policed. After dishing out previous hand outs to European countries that have run into sovereign debt crises, the head of the IMF Christine Lagarde has made it clear that she thinks the regions key problems are lack of competitiveness, the need for further integration and lack of growth. Lagarde often speaks of the need for a firewall to protect the rest of the international monetary system from the risk of the fallout from the debt crisis. Here come the girls 10,000 of them who have signed up for a professional ex pat network for women working across the world in IT. Singapore is the latest city to fall to a charm offensive by Girls in Tech, following the relocation of founder Adriana Gascoigne from San Francisco. She launched the group as a not-for-profit organisation in 2007 and has seen membership soar as chapters opened in 38 cities, including London, Tokyo, Dubai and Shanghai. Members cover the whole range of working in IT from self-employed contractors, IT start-ups and students to tech companies like Microsoft and Google. I was curious why there werent more women in the tech industry and so I started GIT for women to find out how to get along with older male employees, share best practices and ask for help, said Gascoigne. People are willing to take more risks in a sector that they dont know much about. There is a lot of potential in Singapore and I would love to play a role in planting the Silicon Valley seed here. Women in Singapore are IT-savvy with one of the worlds highest penetrations for computer-ownership and internet usage, explained Gascoigne.
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What does the IMF do?

The International Monetary Fund has the support of 188 nations. One of its primary functions is to perform an annual health check on its member nations. But the organisation

November 20th, 2012

Published by: iExpats.com

Already hundreds of women have joined the group, a mix of ex pats and Singaporeans working in the IT sector, she said. Many female ex pats working in IT have to tackle adjusting to a new culture while working in a traditionally male-dominated workplace. Girls in Tech offers mentorship, help finding jobs, courses and business collaboration. Singapore is sinking investment in to developing as a technology hub with financial support for internet start-ups. Gascoigne hopes support from Girls in Tech will help more women develop their skills and businesses by providing personal and professional support. No related posts. The IRS has pushed back the start date of FATCA the Foreign Account Compliance Tax Act from Janu...