20 Jun The IMF lays out the grave consequences of Brexit

“AS IF the economic evidence against Brexit were not already strong enough, the IMF has today published an analysis which shows just what a hit Brexit would be to the British economy. It is an even-handed piece of work, but probably still underestimates the economic costs of quitting the European Union.”

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On June 6, Norwegian African Business Association (NABA) launched their new initiative; NABA Financial Guide. This new added-value service is developed as a complementary to the already existing “NABAs Business Guide to the East-African countries”.

The new site – www.nabafinancing.com – will as a first step provide a comprehensive and quick overview of Public Funding initiative available for Norwegian companies in the Energy sector.

The new service is developed with the support from The Global Capital Guide (www.globalcapitalguide.com)

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31 May “If we abandon smallholder farmers, we abandon our future,” IFAD President to tell G20 ministers

“Rome, 31 May 2016 – With around 795 million hungry people in the world, and an additional 60 million needing food aid in the wake of droughts and crop failures caused by El Niño, agricultural ministers from the G20 countries meeting in China this week have an enormous challenge ahead of them, says the president of the UN agency dedicated to assisting smallholder farmers. “

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23 May European Investment Bank backs EUR 5.3 billion new loans…

“The Board of Directors of the European Investment Bank today approved EUR 5.3 billion of new loans to support small business lending and finance new investment in schools, corporate research and development, water infrastructure, local transport schemes, and urban regeneration. EIB financing for 8 of the 26 projects is expected to be guaranteed by the EU budget guarantee under the Investment Plan for Europe.”

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23 May Swedbank’s success is built on old-fashioned thrift and modern technology

“Two years ago Swedbank, Sweden’s biggest retail bank, moved from its offices in the centre of Stockholm to a drab business park outside the city. Employees fretted about leaving their prime location, a few doors from the Riksbank, the central bank, and a stone’s throw from Parliament. The move, which has saved $25m-odd a year, was symbolic not only of the bank’s thrift, but also of its desire to retreat from the exciting but risky end of banking. Instead, much like the Scandinavian furniture in its office, it is returning to something simpler and more straightforward. That strategy has made Swedbank not only one of the safest banks in Europe, as judged by the thickness of its cushion of capital, but also one of the most profitable.”

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