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Analysis: How Tunisia reached financial meltdown | Business and Economy News
Tunis, Tunisia – The shock that followed the July 25 power grab by President Kais Saied is gone, and Tunisians now wake up to one of the most dangerous economic crises since independence. Because everything is politicised in Tunisia, people like to harangue about who is responsible for the collapse of the country’s economy rather than understand its real causes and discuss the best solutions to save it. Decades of corruption, clientelism, and the absence of any form of strategic planning are not the only symptoms of the chronic economic crisis inherited by post-revolution Tunisia. Some phenomena have been aggravated.
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Senior Manager – Capital Markets Financial Analysis – Remote
Senior Manager – Capital Markets Financial Analysis – Remote Job Description Influence business decision-making by ensuring accurate business drivers are considered in the financial or statistical analysis conducted within the Capital Markets Solution (CMS) team. Analyze and develop financial models of complex quantitative and qualitative data produced both internally and externally. Make recommendations for actions to address complex business issues. If you are not located close to a physical office, remote work is considered for qualified candidates. Responsibilities • Problem solve for resolution to modeling issues. Direct technical and analytic employees to resolve issues related to models. Ensure accuracy and
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There’s a growing demand for psychology in financial planning
Portfolio construction Some companies have integrated financial psychology when building portfolios. Jeff Rupp, managing partner of View Capital Advisors in Dallas, a firm ranked 98th on CNBC’s FA 100 list, said financial psychology is woven into the company’s asset selection. One of the company’s research analysts has a background in behavioral finance, and the firm often applies those concepts to its investment decision-making process, Rupp said. “We look at what’s behind the recommendation,” he said, explaining team members may respond differently to asset suggestions based on their risk profile. “We look at how the investment team reacts.” Investment counselors Asset
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Asian Development Bank boosts 2019-2030 climate financing goal to $100 billion
WASHINGTON, Oct 12 (Reuters) – The Asian Development Bank’s will boost its climate financing goals by $20 billion to a new target of $100 billion for the 2019-2030 period and aims to launch its concept for retiring coal-fired power plants at the COP26 climate conference in Scotland next month, the lender’s chief said on Tuesday. The plans, disclosed by ADB President Masatsugu Asakawa in an interview with Reuters, increase a previous $80 billion goal for climate financing for developing countries in Asia for the decade announced in 2018. “The fight against climate change will be won or lost in Asia
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Analysis: Debt ceiling worries start to rattle Wall Street
NEW YORK, Sept 29 (Reuters) – The slim-but-growing possibility of a fiscal crisis if Congress doesn’t act on the debt ceiling is getting increasing attention from U.S. investors and is filtering into certain asset prices, though few believe the nation will ultimately default. Warnings have been rung from policymakers to Wall Street bankers of the risk that talks go down to the wire. Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N), said the bank is preparing for what could be a “potentially catastrophic event,” while New York Federal Reserve Bank President John Williams warned of potential negative market
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