Search Results for: Fed
Shinzo Abe Says Countries Must Avoid Competitive Currency Devaluations
April 6th, 2016
Prime Minister Shinzo Abe said countries should avoid competitively devaluing their currencies, speaking after the dollar fell to its lowest level against the yen in nearly a year and a half. The yen’s rise against the dollar has accelerated in the first months ...
EU and India give new momentum to strategic partnership
April 5th, 2016
The European Union and India held their 13th Summit on 30 March in Brussels, and took steps to deepen their political and economic cooperation. International security, migration, trade and sustainable development were top of the agenda. European Commission President, ...
IMF warns that an economic crisis in China could cause global recession again
April 5th, 2016
An economic crisis in China could result in a world-wide recession, warned the International Monetary Fund (IMF). This was because China’s financial links with the rest of the global economy was set to increase, the organisation said ahead of ...
U.S. court orders UBS to pay $4.7 mln in Puerto Rico divorce flap
April 5th, 2016
A UBS AG unit must pay more than $4.7 million to a customer’s former spouse who alleged that the firm improperly released accounts worth $12 million to her ex-husband despite a court order freezing those assets, a U.S. federal ...
A tale of two currencies
April 5th, 2016
There is a widespread and growing feeling that financial markets are slipping towards another crisis of some sort. In this article I argue that we are in the eye of a financial storm, that it will blow again from ...
RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17
April 5th, 2016
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...
The Pitfalls Of Buying Gold And Silver Online, And How To Avoid Them
April 4th, 2016
Back in 2014, online bullion dealer Tulving shocked its many customers by suddenly failing. See Coinweek’s story: How does $40M of Gold and Silver Disappear: The Collapse of Tulving Company Last week another one bit the dust: ...
Why Japan’s plan to raise the number of lawyers it hasn’t worked out
April 4th, 2016
Japan is struggling with an unlikely problem: Its people aren’t litigious enough. Fifteen years ago, the nation kicked off a plan to double the number of lawyers. Officials thought they could breathe dynamism into society by mimicking the Western ...
HSBC comes up short in money laundering vigilance, U.S. says
April 4th, 2016
HSBC Holdings Plc has not done enough to thwart money laundering, despite making significant progress since reaching a landmark 2012 anti-money-laundering settlement with U.S. prosecutors, a federal monitor has found. The monitor “remains unable to certify that the bank’s ...
Revealed: the $2bn offshore trail that leads to Vladimir Putin
April 4th, 2016
A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin. An unprecedented leak of documents shows how this money has made members of Putin’s close circle fabulously wealthy. Though the ...
