Remarks by J.Dijsselbloem following the Eurogroup meeting of 14 January 2016 Below is a statement by J.Dijsselbloem: Good afternoon and welcome to this press conference. I will address the ... Read More
Just over four years ago, the United States and Europe sanctioned the sale of Iranian oil in an effort to curb Tehran’s nuclear program. Oil was trading at $110 ... Read More
Major Asian stock markets struggled to hold onto their morning gains Friday, despite a positive finish from Wall Street overnight. In another late spate of sell-offs, the Shanghai composite down 3.97 ... Read More
The New York firm kicks off earnings season for big U.S. banks J.P. Morgan Chase & Co. said its fourth-quarter profit beat expectations thanks in part to cost-cutting and higher ... Read More
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar ... Read More
China-linked market turmoil has made Bank of England rate increase less likely, investors say The British pound tumbled to a more than 5½-year low this week, as concerns about ... Read More
Davos Set to Provide an Alpine View on the World’s Hot Spots China, Saudi Arabia, U.S. sending high-level emissaries `Geopolitical risks are becoming much more relevant’ The organizers ... Read More
The world economy during the last few decades has experienced “globalization,” a broad and admittedly vague term which refers among other factors to a rise in the ratio of ... Read More
Oil prices have briefly fallen below $30 a barrel on international markets for the first time since April 2004, before recovering again. Brent crude, used as an international benchmark, ... Read More
Major Asian stock markets retraced some of their downward slide but stayed in negative territory, following a massive sell-off on Wall Street overnight. Japan’s Nikkei 225 retraced morning losses to trade ... Read More
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