Investors are putting increased pressure on European officials pushing them to design a rescue plan for region's struggling banks before November G20 summit. Simon Maughan, head of sales and distribution at MF Global Ltd. in London, claims that a decision on general capitalization, and occasionally - over-capitalization of banks is likely the only chance left for European leaders. According to IMF,
Investors are putting increased pressure on European officials pushing them to design a rescue plan for region's struggling banks before November G20 summit. Simon Maughan, head of sales and distribution at MF Global Ltd. in London, claims that a decision on general capitalization, and occasionally - over-capitalization of banks is likely the only chance left for European leaders. According to IMF, banks
Average worker salaries of around USD 4 200 per year are expected to double until 2015, Jae-Man Noh - head of joint venture operations in China at Hyundail. Rising wages have been a headache for international companies of nearly all industries outsourcing production to China, and gradually China is losing its perceptional image of a country with low-cost production. A