Market

swiss banks

Switzerland to hold referendum on banning private banks from creating money

28/12/2015(0)
A radical initiative to strip private banks of their power to “create money” and make it exclusively a central bank privilege has gathered enough support for the Swiss government ... Read More
oil and gas platforms

Deloitte: 2016 outlook on the oil and gas industry

28/12/2015(0)
Prices continued to drop in the oil and gas industry in 2015. In less than a year, upstream oil and gas companies faced a 50% drop in revenues. Looking ... Read More
OPEC logo

OPEC: $95 Oil, But Not Until 2040

28/12/2015(0)
This week opened with the average global price of oil at an 11-year low, yet OPEC expects its own producers eventually will cut back on production, causing prices to ... Read More
china-markets

Asia stocks slip but Japan bucks trend on oil bounce; dollar wobbles

28/12/2015(0)
Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese shares managed to rise following a rebound in crude oil prices ... Read More
china-zimbabwe

Zimbabwe to make Chinese yuan legal currency after Beijing cancels debts

23/12/2015(0)
Yuan becomes the latest currency to be approved for public transactions in Zimbabwe, as the southern African nation seeks to increase trade with Beijing. Zimbabwe has announced that it ... Read More
asia europe

European stock markets lifted by rising mining shares

23/12/2015(0)
Shares up in last full session before Christmas break Mining stocks dominate list of top performers 2015 EU stock market performance reut.rs/1ZnkfVX European shares rose on Wednesday, lifted by ... Read More
jobs-unemployment

The Most Profitable Work Will Be Automated: The Rest Will Be Left to Us

23/12/2015(0)
A new system is self-organizing before our eyes. We just have to stop obstructing its rise and start facilitating its expansion in self-evident ways. What’s abundant and what’s scarce? ... Read More
Business-sales-junk-yields

The Recession And Bear Market Of 2016, In Two Charts

23/12/2015(0)
Good friend Michael Pollaro just sent a couple of charts that show the US economy heading for a brick wall. The first illustrates what happens when business sales (the ... Read More
asia

Asia equities gain; New Zealand hits record high

23/12/2015(0)
Asia stocks followed their Wall Street peers higher on Wednesday as investors cheered strong U.S. data, a pause in the greenback’s rally and higher oil prices. Markets in Japan ... Read More
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