Deena Zaidi

5 Startling Developments in Greece

April 9, 2015January 22, 2018deenazaidiBanking and Finance, Europe, Eurozone Crisis, World EconomyLeave a Reply

Greece’s bailout extension expires in May this year and its inclination towards the members of BRICS seems inevitable. For long, Greece’s economy has been bringing troubling news to the Eurozone. The EU members have time and again tried their best to keep Greece in the common currency zone but bailouts and downgrading has got the worse out of Greece. However, the debt crisis in Greece seems to only deepen and has taken a different turn with some new developments in the Greece’s strategy – mostly captured in the statements of Greek Defense minister, Panos Kammenos.

Banking Innovations 2015

April 1, 2015January 22, 2018deenazaidiBanking NewsLeave a Reply

Banking sector has witnessed many technological changes in recent years that offer more personalized services. The shift towards getting more digital just got more exciting with the introduction of many user-friendly technologies. As banks try to make banking quicker and secure, the option for digital innovations keeps getting more and more competitive. The first quarter of 2015 introduced some very interesting banking innovations that could revolutionize the banking experience for customers.

The Impact of The Rising Dollar

March 18, 2015April 17, 2017deenazaidiUnited States of America, World EconomyLeave a Reply

The US dollar has been on the rise every day setting high records. With the upward pressure on dollar, stronger dollar could tighten financial conditions across the growth. Further the rising dollar could be offsetting the benefit of low cost oil. Over the past six months, the trade-weighted dollar has risen 25% and faster than anytime the last 40 years. US dollar is a global unit of account in debt contracts and that could be a cause of slow down in the rest of the world. Not only that, if the dollar continues to increase, inflation and US economic could weaken.

The Hits and Misses of Indian Budget 2015

March 3, 2015deenazaidiAsia-Pacific, India, World EconomyLeave a Reply

With India having the world’s second largest population and the maximum number of poor people in the world, the Indian budget 2015 could be a turning point for the poor and the unemployed. While many have supported the budget, others have criticized it for being very ‘pro-corporate’. The Indian Budget has been more or less termed as “stable” in its approach allowing more public spending through emphasis on strategic plans that could modernize India’s infrastructure.