For years, America has been the financial super power of the world and New York has been the lead financial centre. But now, according to the World Economic Forum(Geneva) findings, London is the new world financial centre. Getting ranked by the WEF is no cake walk because you are competing with 55 nations on 120 criteria based on the sophistication, stability, business environment favorableness, equity and bond market size, technological infrastructure, human per capita, and ease of loan accessibility.
On all these factors, Britain seems to have scored good points even though its economical hardships were up from last year. Thanks to its foreign exchange and perfect insurance systems! The country has made it to the numero uno position majorly because of these factors. America on the other [...]
Tag Archive | "national debt"
Move Over New York, London’s The New Global Financial Lead Hub!
Posted on 02 November 2009.
Posted in Economy0 Comments
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