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When you're running an epic socialist experiment while simultaneously attempting to preserve the legacy of a now-deceased "anti-imperialist" geopolitcal legend and your country's most valuable asset has unexpectedly become a liability, it's
The city of Chongjin, whose famine-era tragedy was so evocatively rendered in Barbara Demick's Nothing to Envy, is today developing a rather different reputation.
Back in 2013, when one cuts through the rhetoric and posturing, what the Cyprus depositor bail-in and subsequent capital controls were all about, was an attempt to confiscate deposits of ultra-wealthy Russian billionaires held the banks of this belov
Align Commerce announced yesterday that the public beta of its international payments platform had launched, which could cut the cost and time of transactions in a $24 trillion market. Thirty-four countries are now exposed to this beta.
Can you say "precedent-setter"?
Every few centuries or so, an amazing new technology comes along that fundamentally changes human civilization.
'We are a Left-wing government. If we have to choose between a default to the IMF or a default to our own people, it is a no-brainer,' says senior Greek official
Another day, another big swing in crude oil.
It's quiet on the eastern front – as quiet as a conflict between world superpowers can be.
Who knew that the revolution would start with those radical Icelanders?
If you need evidence that we are in the midst of a lunatic financial mania, just consider this summary from a Marketwatch commentator as to why markets are ripping higher this morning
Housing should then have remained in a slump possibly for a decade or more, until the overhang of empty residential and commercial real estate had been cleared off.
By contrast, 30.3% of the 750 "regular Americans" sampled would trust their banks to make international transfers.
Today, as promised, I'm going to give you additional insights into cyber security companies, including some new analysis that Mike Larson and our Weiss Stock Ratings team have just given me.
As Greece puts the finishing touches to its latest round of cuts, some economists are increasingly alarmed about the signals from the world economy
Many people know the symbol of Bitcoin. Many people might know the symbol of Litecoin. Even fewer know the symbol of a Dogecoin. There are hundreds of cryptocurrencies that have been developed, but what's the symbol for "cryptocurrency?"
Many people know the symbol of Bitcoin. Many people might know the symbol of Litecoin. Even fewer know the symbol of a Dogecoin. There are hundreds of cryptocurrencies that have been developed, but what's the symbol for "cryptocurrency?"
Survey of 973 households reveals 40% expecting salaries be reduced or kept at same level in contrast to chancellor claiming to have restored UK living standards
We find it amusing how many people try to read into the tealeaves when looking at the NYSE margin debt (especially since the real leverage long ago left the CNBC TV studio in downtown Manhattan, as explained before), when the real action is half way
Howard K. Gruenspecht, deputy administrator at the U.S. Energy Information Administration, Edward L. Morse, global head of commodities research at Citibank, and Katherine B. Spector, head of commodities research at CIBC World Markets, join Bloomberg
The soaring cost of borrowing government bonds in secured lending markets highlights the distortions caused by the ECB's asset-purchase scheme, which analysts say could clog up Europe's financial system.
China's $2 trillion shadow banking complex needed somewhere to put cash to work and that somewhere turns out to be the giant bubble that is the SHCOMP. Here's more:
Greece is negotiating with its eurozone creditors to get more aid before the indebted government runs out of cash. Here's what Greece owes, when.
With the US dollar hitting multiyear highs against other global currencies almost daily, Americans are in a sweet spot for making international investments. Your US dollars will buy a lot more rubles, yen, and Canadian dollars than they would a year,
Reserve Bank deputy governor Grant Spencer has been appointed chairman of the OECD's financial markets committee.
Chairman of the Ludwig von Mises Institute Lew Rockwell talks with RT about the U.S. and the China's new infrastructure bank.
In a sign that the cash crunch has become more desperate in Greece, officials, at the state healthcare service, were asked on Tuesday to hand over a €50m reserve for paying arrears owed to medical workers...
Our show this weekend features Patrick Byrne, the Chairman and CEO of Overstock.com. Patrick was here at our Auburn campus this past week presenting a keynote speech at our Austrian Economics Research Conference.
Did De-Dollarization Just Reach Escape Velocity? China's New Silk Road & Putin's Eurasian Trade Network
EU and Greece running out of time as talks end "in disarray" – again
