"Storm in a teacup" this is not.
ECB and Italy's bank rescue fund head clash over bailout rules … The European Central Bank and the head of Italy's bank rescue fund clashed on Monday over the European Union's tough conditions on state aid for troubled banks. Speaking at th
Following Obama's 9/11 bill veto defeat yesterday, and despite a surge in oil prices after a 'deal' was struck by OPEC, Saudi Arabia's markets are signaling panic in The Kingdom. Currency forwards are collapsing, default risk is jumping, and bank sto
Deutsche Bank concerns just went to '11' as Bloomberg reports a number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender, a sign of counterparties' mounting concerns about
Yesterday we talked about one small market in the US… but in fact there are dozens of cities across the world where property prices entering (or already in) a bubble.
With Deutsche Bank mercifully missing from overnight headlines for the first day in almost two weeks, it is time to bring attention to Germany's second largest bank which, as we first reported earlier in the week citing a Handelsblatt leak, confirmed
Hot on the heels of the Deutsche Bank debacle comes the next nail in Germany's economic coffin.
Tyler Durden for Zero Hedge reports As reported over the weekend, in an unexpected announcement Angela Merkel announced that she has ruled out state aid for Deutsche Bank, and the market reaction has been swift and brutal, with the bank's shares tu
In this episode of China Money Podcast, returning guest Dr. Marc Faber, renowned investor and publisher of The Gloom, Boom & Doom Report, speaks with our host Nina Xiang. Dr. Faber played a game of Long & Short, where he spelled out his view on centr
(NaturalNews) Author Charles Dickens' classic, A Tale of Two Cities, begins this way: "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness ... ."
Sometimes I wonder if I'm ever going to run out of new things to say about the economy. Nothing interesting has happened in a long time.
Sales To Foreigners Crash 96%
A heavily divided Federal Reserve left short-term interest rates unchanged but said the case for a rate increase "has strengthened", in a strong signal that a move is likely before the end of the year … Three out of 10 of the US central bank'