Swiss National Bank President Thomas Jordan confirmed on Monday that the central bank intervened in markets overnight
June 29th, 2015
Swiss Step Into Currency Market as Greece Adds to SNB’s Woes Greece’s decision to effectively call a public vote on its euro-area membership is one more blow for Switzerland, the country where overwhelming demand for its currency is pushing ...
On Monday, It’s China Versus Greece
June 29th, 2015
Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided to put the draconian demands of its ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Crisis talks on Greece to stretch into the weekend
June 26th, 2015
After yet another inconclusive Eurogroup in Brussels Thursday, finance ministers agreed that more talks were required to bridge enduring gaps between Greece and its creditors with another Eurogroup to be held over the weekend, most likely on Saturday. Greek ...
Quantitative Easing in 5 key questions
June 25th, 2015
On January 22, 2015, the European Central Bank (ECB) president Mario Draghi launched the institution’s Quantitative Easing (QE) program. QE is an exceptional measure, taken when traditional means of stimulating activity and growth prove ineffective. Learn more about the concept via five ...
Global Index Ranks Countries Best Equipped to Thrive in the Face of Unprecedented Change
June 25th, 2015
2015 KPMG Change Readiness Index highlights the impact of inclusive growth and income inequality on the capacity for responding to change. KPMG International today released its 2015 Change Readiness Index (CRI), ranking 127 countries for their capacity to prepare ...
What Would A Saudi-Russian Partnership Mean For World Energy?
June 25th, 2015
What happens when two nations, that together account for more than fourth quarter of global oil production, begin collaborating on future energy projects? Russian President Vladimir Putin met Saudi Prince Mohammad in St. Petersburg on June 18 at a ...
Greece Lurches Closer to Default
June 25th, 2015
European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default. With the Greek government ...
Hopes for Greece bailout deal rise sharply as Athens gives ground
June 23rd, 2015
Creditors view new Greek proposals on pensions and VAT as the most positive move yet in five months of wrangling Hopes of a deal that would spare Greece from a looming debt default and possible exit from the single ...
What investors need to know and why a Grexit may not matter
June 22nd, 2015
After enjoying a seemingly unstoppable rise since the beginning of 2015, Europe now seems to be in the headlines for all the wrong reasons. With the Greek tragedy lurching from one ‘deadline’ to the next, an exit of the ...