Until the euro is broken up, until you reverse the social market model you will not help youth unemployment.
Kyle Bass goes to Japan and finds all as expected...
The International Monetary Fund and Pakistan reached a provisional agreement on Thursday on a $5.3 billion bailout package that aims to bolster Pakistan’s flagging economy and its perilously low foreign exchange reserves.
The European Commission (EC) has identified 13 major financial institutions as having blocked exchanges’’ access to ensure lucrative returns on the credit derivatives market. As an investigation gets underway, those technocratic corporations suspe
We're told the euro crisis is over. But Portugal's coalition government is on the brink of collapse, and markets are once again on the slide. The crisis, it would seem, is far from over.
It appears the market is in sell-first, question-later mode as a series of confusing headlines just hit from Bloomberg, citing a Merkel interview from SDZ, in which the German leader appears to have said that .....
China is so "fine" that it has resorted to the full central-planning manipulation trifecta:
Gold prices have tumbled since their $1,900 peak in 2011. The yellow metal slumped into a bear market in April, and now prices are just above $1,200.
Switzerland — long famous for storing money and not asking any questions — has been beefing up scrutiny on banks enjoying shelter in the Alpine paradise's lax regulatory structure, Businessweek reports.
The unofficial China HSBC manufacturing PMI report for June 2013 is out.
Do you want to know the primary reason why rapidly rising interest rates could take down the entire global financial system?
Did you actually believe that they were not going to use the precedent that they set in Cyprus?
The European Union agreed on Thursday to force investors and wealthy savers to share the costs of future bank failures, moving closer to drawing a line under years of taxpayer-funded bailouts that have prompted public outrage.
Did you actually believe that they were not going to use the precedent that they set in Cyprus? On Thursday, EU finance ministers agreed to a shocking new plan that will make every bank account in Europe vulnerable to Cyprus-style bail-ins. In othe
The Japanese stereotype of excessive courtesy is being confirmed by the actions of prime minster Shinzo Abe who is giving the world a free and timely lesson on the dangers of overly accommodative monetary policy. Whether or not we benefit from the tu
A very well done video on the Japanese debt crisis. Anyone who cares about the world economy should have some understanding of what is going on currently in the world’s 3rd largest economy.
"All due respect, you got no f----g idea what it's like to be Number One. Every decision you make affects every facet of every other f-----g thing. It's too much to deal with almost." – Tony Soprano
Moody's Investors Service has changed the outlooks for the bank financial strength ratings (BFSRs)/Baseline Credit Assessments of 8 Hong Kong banks to negative from stable, and one bank's BFSR outlook to stable from positive.
the eurozone countries have little to no control over the most important policies that the government can use to increase employment and income, including monetary, exchange rate, and increasingly, fiscal policy. They have ceded this control to euro
Ominous signs usually emerge from the banking system, just like in the fall of 2008, when the Western financial system was on the brink of collapse. When banks don’t trust each other anymore, they charge higher rates for inter-bank lending, fearing t
In 1985, architect Paul Pholeros was challenged by the director of an Aboriginal-controlled health service to "stop people getting sick" in a small indigenous community in south Australia. The key insights: think beyond medicine and fix the local env
Factory output in China weakened to a nine-month low in June while U.S. manufacturing closed out its worst quarter in the last four, suggesting the road to recovery for the world economy remained an uneven one.
The protests in Turkey continue to dominate the attention of media, but today there were two other protests in red-hot emerging markets that warrant your attention, especially since the basic narratives are fairly similar.
WWE Wrestler, Glenn Jacobs Discusses Austrian Economics, Internet Sales Tax & the Federal Reserve
It is above all a club for life’s winners. George Osborne, Ed Balls and Ken Clarke, the Cabinet Minister who also serves on the group’s steering committee, will arrive this afternoon, as will Mr Mandelson. They will be joined by Jose Manuel Barroso,
A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of global banks based on one measurement of leverage ratios."It's horrible, I mean they're horribly undercapitalized," said Federal Depos
High-stakes hedge fund operator Kyle Bass is making a full-blown bet that Japan's bond market and its currency will spin out of control in a fresh financial earthquake.
Shock-and-awe monetary policies, announced in April, have sent Japanese government bonds, the nation’s equivalent of U.S. Treasury notes, into a whirl of volatility.
No surprise here.
World shares fell and the dollar slumped as a sell-off on global financial markets accelerated on concerns over whether central banks will continue the stimulus they have come to rely on. Stocks, bonds, commodities and the dollar were all