Category Archives: Economic Meltdown

Equities First Holdings – Financial Management is Important in Business

Financial management in your small business incorporates more than just keeping proper records and balancing of the business checking account. There is good to manage your finances well to ensure you remain prepared for any expense in addition to profit distributions. Management of your financial responsibilities influences the entire aspects of your enterprise. A company that trades well but with poor financial management may come down. But whenever it occurs due to unavoidable circumstances, Equities First Holdings assist you company to stand again. By securing a stock-based loan, you have the guarantee of retaining all your business operations running. The valuation process will determine the right solution for your business which will incorporate the loan terms including the loan-to-value (LTV) ratio with a fixed interest rate.

If all the terms are agreeable, you sign the agreement upon which the agreed collateral is transferred to the custodian account of Equities First Holdings. The company funds loans utilizing a delivery-versus-payment technique which indicates that loan proceeds and collateral are taken into the holding accounts simultaneously. During the period of payment, it is only the agreed interests that are paid. And at the finishing of the financing time, the pledged collateral are take back to your account in full upon repaying the principal funding and resume of this company.

You buy assets in your business to create income. Thus all the entire funds considerations of capital costs need to balance the income amount that the asset will generate with the amount it costs. Businesses should always manage their cash flow to enable them have sufficient to pay for utilities, rent, insurance, telephone, supplies and payroll. Thus, you need to look ahead and check whether the accounts receivable are properly checked which should be compared with the outstanding bills. Management of cash flow can take place by shortening the period of time you allow customers to pay and through renegotiation of due dates with vendors. In case you fail to manage the cash flow well, you may fail to pay for expenses hence affecting the running of your company. Today, Equities First Holdings stands at the centre of helping startup companies to grow and manage their resources well.

George Soros Backs The Provision Of Financial Assistance To Ukraine In order To Revive Its Economy

When President Viktor Yanukovych was ousted from power, a new Ukraine was born. Irrespective of Russia’s aggression, the spirit of change in Ukraine is still stronger. The Russian forces are working with separatists in eastern Ukraine. George Soros Ukraine posits that the new Ukraine is seeking to transition from the old Ukraine, which was marred by corruption. Most Ukrainians are open to modernity as they are experimenting with democracy. To this end, the populace of Ukraine has been championing for the implementation of the reform agenda.

Soros asserts that Maidan’s supporters have transitioned from the opposition to building of the nation. Most of the people working in parliament and government are volunteers who are inspired to serve their country. The current minister of finance, Natalie Jeresko, left his lucrative career of investment banking. He is now earning few dollars but his resolve to reform the country is at an all time high. Individuals that have studied abroad have returned to participate in the reform agenda by taking up varying roles in different public institutions. Currently, volunteers are helping many internally displaced persons in Ukraine besides providing advisory services to ministers and individuals working in the local governments.

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George Soros – The New York Times

George Soros – Business Leader, Philanthropist

Soros argues that the major challenge facing the new Ukraine is that the state bureaucracy practiced by the old Ukraine. The business oligarchs propel this bureaucracy. In addition, the reformers are against Russia’s hostility considering that President Putin wants to destabilize Ukraine at all costs. Soros posits that Putin is prepared to destroy the new Ukraine before it is able to establish itself. Russia is facing a financial crisis owing to the sanctions imposed in the country by the U.S. and the EU. Putin does not want his popularity to be destroyed by the economic downturn in Russia and to this end; his resolve to destroy Ukraine is even higher.

George Soros contends that Russia has a strong military. This is because Putin has much power that enables him to have better-armed forces and mobilize military power as compared to Ukraine. However, Soros believes that the U.S. and Europe have the potential to outbid Russia financially. Soros asserts that the EU may have failed to intervene in the Ukraine crisis given the Greek crisis, which was born out of the euro crisis. In addition, the Minsk agreement may have forced the European Union to exercise a tight financial leash against Ukraine.

George says that the European leaders, especially the German leadership, did not handle the Greek crisis in an effective manner. These leaders provided emergency loans to Greece at very high interest rates. In addition, they suggested their own reforms agendas and micromanaged the country instead of allowing Greece to own and undertake their own reforms. These conditions slowed the process of reforms in Greece, thus resulting in the financial crisis. In as much as the Greek authorities are liable for the financial problems, the primary responsibility lay with Germany because it was mandated with the duty of ensuring that the country gets out of the crisis.

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Lack Of Food For Families

Some people in Venezuela are finding it harder than ever to keep food in the home. The economy has taken a turn for the worst as businesses are closing because of a lack of electricity. According to SlideShare, the rate of inflation is skyrocketing. All of this means that it’s getting harder for families to support themselves. It’s hard enough to pay for food and the other bills that are due with minimal amounts of money. When that money is taken from the pocket or used to buy necessities that are now more expensive than ever, it can sometimes be a choice of housing or food for some says David. There are a few food banks and ways to get extra food for the home if there are children, but those who don’t have children are finding that it’s difficult to eat three meals a day on most occasions let alone get the extras that they desire.