Posts tagged "international economy"

09

Dec 2015

admin

Global Sourcing

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RMB TO BE IMF’S RESERVE CURRENCY

Finally, the decision for Chinese Yuan or RMB to be added to IMF's basket of elite reserve currency is finalized. Here is the detail... Benefit, benefit, benefit... Despite many controversies, analysts say that the IMF’s decision is in large part a political one designed to encourage stronger economic overhauls in the world’s No. 2 economy. Christine Lagarde believes this milestone will be the beginning of many reforms. This move will be effective in the late of next y...

24

Feb 2014

daniela

Global Sourcing, Opportunities, Safety and Compliance

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International Trade Priority In Canada

ECONOMIC SANCTIONS Canada imposes economic sanctions against a number of countries pursuant to the Special Economic Measures Act and the United Nations Act. In Budget 2014, the federal government has acknowledged that the due diligence requirements under Canada's economic sanctions place a significant burden on the private sector. For example, existing sanctions strictly regulate interactions with designated individuals and entities, whose names are contained in 19 separate lists located on f...