funds News

OECD Says Euro Zone Public Debt Crisis Far from Over

The euro zone’s public debt crisis is not over despite calmer financial markets this year, the OECD said on Tuesday, with a warning that the bloc’s banks remain weak, debt levels are still rising and fiscal targets are far from …

Debt Ridden India Makes More Claims on Its Insurance Giant

An Indian government company with more than a quarter of a billion customers has once again dug into its pockets to prop up its financially-strapped owner. Policyholders in the Life Insurance Corporation of India, a behemoth that’s little known outside …

Climate Aid Progress May End Kyoto Rancor

U.N. climate talks resume in Panama next week, but expect more action in Cape Town 10 days later, where an informal panel will quietly agree the outlines of a climate fund which could surpass lending by the World Bank. Climate …