Part 2 – Decline & Deleveraging Stage 4 In the fourth stage people start to become poorer but still think of themselves as rich. The decline is gradual and ... Read More
State-owned Türkiye Cumhuriyeti Ziraat Bankası (Agricultural Bank of the Republic of Turkey), Turkey’s second largest bank has been given the green light by the country’s Banking Regulation and Supervision ... Read More
Nearly half of Japanese firms think the government should start defending the yen at this month’s dollar high of 110, a Reuters survey shows, underscoring the threat that rising ... Read More
Microsoft Corp. (MSFT.O) is on track to launch a smartwatch within the next few weeks that will passively track a user’s heart rate and work across different mobile platforms, ... Read More
The oil markets are concerned that there is too much oil currently available on the market, and that, as a consequence, oil prices may continue to tumble. Saudi Arabia ... Read More
France, Italy and the European Central Bank have coalesced into a bloc against Chancellor Angela Merkel of Germany, and they are insisting that Berlin change course. With Europe once ... Read More
Russian Economic Development Minister Alexei Ulyukayev said that international agencies may soon downgrade Russia, adding that it would be an unfounded move, because the country’s economic indicators remain at ... Read More
The Bank of England has launched a full-blooded counter-attack on the EU cap on banker bonuses, calling it the “wrong policy” just one day after European regulators tried to ... Read More
Financial experts warn that a small group of giant asset managers that have amassed high-risk, high-yield bonds could find themselves unable to raise enough cash during a sell-off. When ... Read More
Foreign direct investment (FDI) for September rose year-over-year, even as the flow of foreign investment for the year to date continued its third month of decline, Reuters reported, citing ... Read More
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