Finance

Cashless economy to fight crime and terrorism: how far are we willing to go?

The amount of transactions occurring through cash has been slowly falling over the past few years, as the result of new payment methods appearing in our lives. Banks and governments are seizing this opportunity to slowly squeeze cash out of the economic landscape, so as to increase its profitability (for the former) and its control (for both), claiming that cash benefits underground economies and terrorist networks. Beyond the questionable validity of these arguments, it seems no one in the public is realizing the disastrous consequences this would have for our societies*.

Duff and Phelps puts professional values first in valuation services and restructuring practices

Duff & Phelps is on the fast track to the strategic advisory “elite”. Created in 1932, New York-based consulting firm has earned a reputation of excellence, thanks to the “commando spirit” within the company. Upholding values, such as diligence, commitment and persistence, Duff & Phelps now ranks among the leading advisory firms in corporate finance. Robert A. Bartell and Yann Magnan, both managing directors at Duff & Phelps, talk about the only single word that really matters when it comes to C-level advisory services: “results.”

Cash Strapped Greece

The Greek government conceded on Wednesday that it had monetary deficits and its exchange of money stores from neighbourhood government and other open substances was “residential getting” to cover quick financing needs.