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Bitcoin Cash: $ USD
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There is another China syndrome, also associated with a meltdown. This would be triggered by the central bank of China's doing nothing.
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TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London
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Sweden was the first European country to introduce bank notes in 1661. Now it's come farther than most on the path toward getting rid of them.
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It should come as no surprise that the "workers' paradise" of Sweden is the first country in the declining West (thanks to the establishment of mixed economies) to implement the Rothschild-Rockefeller dream of a cashless society.
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Sweden was the first European country to introduce bank notes in 1661. Now it's come farther than most on the path toward getting rid of them.
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Shiny black solar panels are as common a sight as government subsidies have helped make Germany a world leader in solar technology. Now, sudden subsidy cuts here and elsewhere in Europe have thrown the industry into crisis just short of its ultimate
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Eyebrows hit the ceiling last month when it was found Chinese development banks lend more to Latin American governments than the World Bank and Inter-American Development Bank.
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Forthcoming MIF-Bloomberg New Energy Finance report assesses the investment climate for climate change-related investment across Latin America and the Caribbean
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REGAINING THE REAL ECONOMY FROM THE CANCER SYSTEM: THE CHOICE SPACE FOR HUMANITY’S EVOLUTION OR DESTRUCTION
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With Greece finally implementing the biggest debt writedown in history and predictions the country’s debt is to decline more than previously expected, a solution to the crisis may seem in view, but some politicians disagree.
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The euro zone is showing tentative signs of improvement,
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Fitch just downgraded Greece from "C" to "restricted default."
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Greece averted the immediate risk of an uncontrolled default on Friday, winning strong acceptance from its private creditors for a bond swap deal which will eat into its mountainous public debt and clear the way for a new international bailout.
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Restructuring plan aimed at reducing national debt by $140bn will see private investors take huge losses on their loans.
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I’ve been having breakfast at Cafe Manolo’s ever since I started coming to Panama, going on ten years now. They make the best ‘batido’ ever… it’s sort of like a milk shake crossed with a fruit smoothie. And it used to be ridiculously cheap. Not anymo
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Gold’s London AM fix this morning was USD 1,685.60, EUR 1,282.24 and GBP 1,068.26 per ounce. Yesterday's AM fix was USD 1,698.00, EUR 1,286.17 and GBP 1,073.60 per ounce.
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Average worth of a list member is $3.7 billion
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The big banks have opted in. Some pension and hedge funds have opted out. Late Thursday in Athens, Greek officials will begin the final tally of a massive debt write-down to see if enough investors have agreed to participate to allow them to decla
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American Silver Dime Cards vs Iranian Gold Cards
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A model of confidence—these aren't words typically applied to Canada by the business and political elite who gather each year in this Alpine town. But since the financial crisis, and especially following the 2010 Vancouver Olympics, we've had a bit
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Austerity is wrecking EU economies to pay bankers
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Most Greek pension funds holding Greek sovereign debt have agreed to take part in a bond exchange to ease the country's debt burden but four have refused to do so, a Greek official said on Tuesday.
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Greece was stiffing government contractors as a way to make its books look better, one set of data revealed. Other figures showed that the government was financing its daily operations with debt, like a family paying for food with a home-equity loan.
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Investors are worried that China’s decade-long run as the world's growth engine may be over— along with unprecedented demand for commodities and ultra-cheap labor and parts for manufacturers.
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...following that is an article also from the weekend Journal. If anyone still believes that the USA has a free-market economy, both pieces should disabuse them of the notion. The editorial describes how export subsides from the federal Export-Imp
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Credit Suisse (CSGN.VX) said on Monday it planned to buy back up to 4 billion Swiss francs ($4.4 billion) in outstanding securities in a bid to comply with the new Swiss and Basel III global capital adequacy rules.
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The euro zone is out of the emergency ward, but it may face a chronic debilitating illness rather than a rapid convalescence.
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Chinese Premier Wen Jiabao cut his nation's 2012 growth target to an eight-year low of 7.5 percent and made boosting consumer demand the year's first priority.
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Concerns over the surging cost of Brent crude are growing as analysts warn that Europe could be at the center of an oil-price shock.
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A new EU treaty aimed at preventing a repeat of the eurozone debt crisis leaves scope for states to bend the rules, Lithuania President and former EU budget commissioner Dalia Grybauskaite said. "I am sure there will be eagerness among some member
