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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. How can you boost your financial acumen? How do you decide which concepts are most important to understand to your work and your understanding of the business? Stop avoiding finance because you’re afraid of numbers. What the Experts Say. Overcome your fears.

Finance 28
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The Importance of Business Acumen for High Performance

LSA Global

It is not just the purview of finance to interpret the numbers that govern profit and loss; it behooves every employee to understand how and why the company makes money, spends money, and measures financial performance. The most important terms and concepts to understand are how to measure: Profitability. Operating income.

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Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup

MishTalk

The latest proposals could see up to 126 people being consulted on how to wind up a bank, even though agreement might need to be reached over the course of a weekend while financial markets are closed. But a letter sent by Wolfgang Schäuble to some of his counterparts sets clear limits on how far Europe''s biggest economy is willing to go.

Banking 73
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China Cash Crunch Eases, For How Long? Three Things China Needs to Avoid; When can Beijing Truly move to Market-Determined Interest Rates?

MishTalk

Total credit in the economy (total social financing) showed a 40 per cent rise in November over the prior month and is on course for growth this year of almost 20 per cent. The major operational problem for the PBoC is how to deploy its tools between targeting interest rates, and bringing down the rate of credit expansion.

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Battle Cry of the Day: Save the Bondholders; Failed Bank Resolution on Verge of Unraveling Days Before Ratification

MishTalk

In lengthy negotiations last month the EU reached a deal on how to handle failed banks. The drafting remained unclear, however, and officials are still pressing for clarity on how it could be used and whether it would clash with EU competition rules curbing state aid. Today, the UK decided it doesn''t like the deal.

Banking 71
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The Globalization Backlash Is Reverberating Through Boardrooms

Harvard Business

Meanwhile the Institute of International Finance forecasted net capital flows for emerging markets in 2015 would be negative for the first time since 1988. Imports among the world’s 20 largest economies have fallen as a share of their gross domestic product for four consecutive years.

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Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business

Learning how to speed up growth to increase prosperity of this massive middle would have immeasurable societal value. In the second place, even if the stakeholders understand how they benefit from communicating about growth, they need to learn how to effectively talk the talk. strategic hires).