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Posts sent on: 2013-08-02

Aug022013

Wielding Finance, Innovation And Policy To Make An Impact In Climate Change








Finance Minister makes his debut on CNBC Africa show






Public financing need to be designed with private finance mobilization in mind blending small amounts of public funds with the flexibility and accountability that will create investor confidence, make for attractive investments, and ensure maximum impact for the public finance that is allocated. We have learned from the Climate Investment Funds (CIFs) and other tools how to blend public and private finance effectively, and now need to build the GCF and other solutions with these lessons in mind. What character and approach do you think new institutions in this space will need to take in order to be effective, both as investors and as part of the international community? The key attribute must be that these institutions are co-designed and managed with the private sector in mind, as public funds will only be a drop in the bucket.














Merlin Response Team Finance Coordinator






Remember our GDP has almost doubled in the last 5 years he stated. He later allayed fears over the effect of the falling gold and cocoa prices on the local economy. He said revenues from oil production, the recent taxes and governments vision to diversify the economy should adequately cushion the economy against the resultant shocks. We expect that revenues from the countrys oil production which has fueled economic growth in the last few years would stabilize the current accounts.







Looking for a good investment? Consider Egypt: finance minister






Assist in the recruitment, management and motivation of the Country Finance Team working with the Emergency Response Team and the London Regional Finance Manager to ensure that effective and proactive financial leadership, support and guidance is provided to managers in country. Co-ordinate and maintain a cash forecasting system to ensure that adequate funds are available to meet the working requirements of the programmes Monitor and allocate ongoing levels of expenditure on individual programmes against budget, and provide timely advice of likely over or under-spends to the Country Management Team, and the relevant Programme & Finance teams in head office. Ensure that contractual commitments (e.g. for the rental of vehicles and/or premises) are financially sound and appropriate for the circumstances of the programme.










Ahmed Galal, the interim Egyptian finance minister, said Egypt's reform process would make it highly attractive to investors, despite the ongoing violence in the country, which saw former President Mohamed Morsi removed from power on July 3 and numerous people killed in the subsequent unrest. "The combination of both a political process that is unfolding in the right direction and an economic reform process that gives some credibility and confidence, I think that combination is likely to make Egypt a very attractive place for investors," Galal said. "All of them are most welcome to come, sooner rather than later. If I were an investor, I would come to Egypt now, not later, because this is the time when you establish a position, and then later when the economy recovers, this is when you will make your returns." The interim government's transition plan includes parliamentary elections in around six months, but supporters of Morsi remain camped out in protest in Cairo, despite being urged by the government to move.




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Aug022013

WhiteHorse Finance, Inc. to Report Second Quarter 2013 Financial Results











Opposition leaders condemned Aso's remarks, saying they showed a lack of understanding of history and hurt Japan's national interest. Some demanded Aso resign. Aso's comments "sounded like praise for Nazi actions and are totally incomprehensible," said Akihiro Ohata, secretary general of the Democratic Party. "Minister Aso's ignorance about historical facts is so obvious," said Seiji Mataichi, secretary general of the Social Democratic Party.










Japanese Finance Minister Taro Aso is surrounded by reporters at the ministry in Tokyo Thursday, Aug. 1, 2013.

The teleconference replay can be accessed by dialing 404-537-3406 (domestic and international) and entering ID# 14342688. A webcast replay will also be available on the investor relations portion of the Companys website at . About WhiteHorse Finance, Inc. WhiteHorse Finance, Inc.







Cache Announces New Credit Facility with Wells Fargo Capital Finance






"Economy and finance are the most important issues for the future of Serbia and we need an additional impetus here," he said. "We have no time for mistakes." In response, Dinkic accused Dacic of "pure politicking" to cement his own position as premier. The nationalist SNS is riding high in opinion polls and stands to gain the most from a new election, which would likely cement its dominance of the Serbian political scene. But elections, and the weeks or months it would take to form a government, will cost valuable time in shoring up national finances and implementing a landmark accord between Serbia and its former Kosovo province, brokered in April by the EU. That would likely delay the start of EU accession talks, penciled in for January.







Serbian PM moves to oust finance minister, risking election






Cache is a nationwide, mall-based specialty retailer of sophisticated sportswear and social occasion dresses targeting style-conscious women who have a youthful attitude and are self-confident. The Company currently operates 250 stores, primarily situated in central locations in high traffic, upscale malls in 41 states, the Virgin Islands and Puerto Rico. Certain matters discussed within this press release may constitute forward-looking statements within the meaning of the federal securities laws. Although Cache, Inc.




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