BEIJING, Oct 30 (Reuters) – China’s shadow banking sector continued to grow at breakneck speed in 2013 and now ranks as the third largest in the world, a report released by the Financial Stability Board showed on Thursday.
At a spending rate of $1 million a day, most people would blow through their entire life savings in less than a week. But for billionaire Bill Gates, it would take 218 years to spend his approximate $79 billion fortune at this rate, according to new research from Oxfam that was recently highlighted by The Guardian…
PODGORICA, Oct 30 (Reuters) – Montenegro and China’s Exim Bank have signed an 800 million euro ($1 billion) deal to finance a stretch of highway linking the port of Bar with Serbia, despite opposition to the deal from the International Monetary Fund (IMF) which said it threatened fiscal stability.
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