EAST Africa's bonds can finance the region's infrastructure development, lenders have suggested. Bonds are long-term debt sold to investors by companies. When you buy a bond from a company or government, you are lending your money to them for a set peri

UEAPME, the European craft and SME employers' organisation, welcomed the announcement of an increase in the European Investment Bank's lending capacity towards SME finance made at the informal ECOFIN Council that came to a close in Nice this weekend.

The U.S. plan to ease the credit crisis by investing in banks retraces steps taken during the Depression by an agency that accomplished its mission - but became a sprawling bureaucracy that dissolved amid fraud and corruption allegations. The Reconstru

June 26 (Bloomberg) -- Barclays Capital won't join banks selling loans made to finance the leveraged buyout of ``Big Brother'' television producer Endemol NV at a loss, three people with knowledge of the deal said.

Rolling out powerful new weapons against the financial meltdown, the Bush administration and the Federal Reserve pledged $800 billion Tuesday to blast through blockades on credit cards, auto loans, mortgages and other borrowing. Total bailout commitments,