All posts in International News
The Bank of China Expands in the U.S.
In late 2012, the state-controlled Bank of China became the first Chinese lender to participate in the sale of U.S. commercial mortgage-backed securities (CMBS) by joining with other banks to help lend the $950 million needed to build a 43-story […]
China Concerned about Wealth Disparity
The growing inequality in China is seen by analysts as a threat to its political stability. People in the lower economic classes are unhappy and voicing their frustration with street protests and angry blogging. In response China has pledged to […]
Europe Eager to Tax Financial Transactions
The European Union recently started down the path of taxing financial transactions. In January 2013, the European Commission approved a proposal by 11 member-nations to tax stock, currency, and derivatives transactions. The details of the proposed tax have not been […]