AIIB opens to lay down milestone for global economic governance – Xinhua + MORE Jan 16th

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Title: 6 Good Reasons For Taking Personal Loan Mar 3rd

Personal loan is money that is borrowed that is employed for big expenses, relieve financial struggles or even to partially pay for a costly incident such as uninsured medical expenses. These financial loans are repaid in monthly payments during the period of generally 2 – 6 years. However, th.... More »

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Sears to close 78 stores this summer + MORE Apr 21st

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BEIJING, China – China-led Asian Infrastructure Investment Bank is officially open for business after a formal ceremony led by Chinese President Xi Jinping.
Representatives from 57 member countries attended the event Saturday, when China announced it would pledge $50 million to a special fund to prepare less developed countries for infrastructure projects.
The United States and Japan are not members of AIIB, saying it is a rival to already existing multilateral banks such as the World Bank, but Beijing says the AIIB supplements existing institutions and will boost investments for infrastructure projects in Asia.
The bank also is a key part of Beijing’s “One Belt One Road” outreach to extend China’s economic influence in the region.
Beijing has pledged to put up most of the bank’s initial $50 billion in capital.
The post China-led Asian infrastructure bank opens for business appeared first on Canadian Business – Your Source For Business News.

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FAIRFIELD, Conn. – It’s not just the loss of loyal customers that worries jeweler Howard Diamond, or the extra tax burden that businesses like his may have to carry as General Electric pulls the plug on Fairfield. As he approaches retirement and thinks about selling his home in town, he also fears an exodus of GE employees driving down real estate values.
“You feel badly for yourself, but you feel badly for everybody else, too,” said Diamond, an owner of Fairfield Center Jewelers.
With average household incomes far exceeding $100,000, Fairfield has enough going for it to weather the change. But GE’s departure has many in the town of 60,000 people and other nearby shoreline communities fretting over the loss of revenue, charitable spending, and the prestige that comes with being home to a storied, $130 billion company.
GE announced this week it will move its global headquarters to Boston and leave behind its sprawling campus in a rural area of Fairfield, where it employs 800 people…

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XinhuaAIIB opens to lay down milestone for global economic governanceXinhuaBEIJING, Jan. 16, 2016 (Xinhua) — Chinese PresidentXi Jinpingaddresses the opening ceremony of the Asian Infrastructure Investment Bank (AIIB) in Beijing, capital of China, Jan. 16, 2016. (Xinhua/Li Xueren). BEIJING, Jan. 16 (Xinhua) — The Asian …Asian Bank launched but India may not insist on VP post, expects first loanTimes of IndiaIndia fails to secure vice presidency of China-backed AIIBBusiness StandardChinese President Launches New AIIB Development Bank As Power Balance ShiftsNDTVBloomberg -India Today -Fox News Latinoall 267 news articles »

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