Hints and tips:
...The worst-performing European fund was Credit Andorra AM’s €3.7bn Crediinvest European Value fund, which lost 37.3 per cent....
...Read more on FT.com Consumer spending continues to decline despite UK wage pick-up UK consumer spending is still declining despite the recent pick-up in wage growth, according to an analysis of credit...
...As a result, Fifa awarded Belgium more credit for its win last week over 208th-ranked Andorra than Elo did....
...It cannot be long before Liechtenstein creates a “death star” with which to obliterate Andorra and a Monegasque spaceship completes the Kessel run in 12 parsecs....
...Late last year, Standard & Poor’s downgraded Andorra’s long-term credit rating because of concerns about its banking sector....
...Also on Friday, Standard & Poor’s, another rating agency, downgraded Andorra’s long-term credit rating to BBB, down from BBB+....
...Andorra is lodged in the Pyrenees, between the mountainous regions of France and Spain....
...“In Europe, we’ve seen that getting rid of currency risk is not enough – it can be substituted into country or credit risk,” he said. “People are playing with fire with this stuff”....
...As was the case elsewhere, the boom fizzled out at the end of 2007 when the credit crunch hit....
...“Spain is under pressure to cut its deficit as soon as possible and the evolution of the ICO deal shows that,” said Ivan Comerma, head of capital markets at Banc International- Banca Mora in Andorra, who...
...Andorra Maria Rosa Picart de Francis, ambassador of the Principality of Andorra, was appointed in 2007. The embassy is in Wandsworth, south-west London....
...With the notable exception of UBS and, to a lesser extent, the rival Credit Suisse, the financial sector had avoided the worst of the credit crisis thanks to its concentration on relatively stable private...
...The expanding credit crisis has helped underline the dangers of a lack of transparency in international finance, poor regulation and insufficient co-operation....
...Only three countries – Andorra, Liechtenstein and Monaco – remain on the OECD list of “unco-operative” tax havens....
...“A lot of people take credit for what I did [in my previous jobs],” Browne added with a smile....
...On top of that the OECD has secured promises of transparency from the 35 tiny states or islands it identified as tax havens, with the exception of Monaco, Andorra and Liechtenstein....
...Alumni include film director Steven Spielberg, who credits Scouting with giving him the opportunity to ”become proud of myself” in a childhood tarnished by anti-Semitism....
...By 2002, it had cut its list of “uncooperative tax havens” down to just five: Andorra, Liberia, Liechtenstein, the Marshall Islands and Monaco....
...Potential candidates include France's Société Générale and BNP Paribas, while HSBC is considered a natural buyer of Discover, the credit-card operation Morgan Stanley wants to spin off....
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