Relatives of political leaders including China's current president and former premier named in trove of leaked documents from the British Virgin Islands
Analysis: Don't waste your time on the Davos forum, which kicks off this week. A bigger economic story already happened in another Swiss town, Basel, where the banks just won huge.
The comedy of errors that are IMF forecasts is well known: it was covered most recently in "Hilarious Charts Of The Day: IMF's "Growth Forecasts" Over Time."
Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China on January 31st? We are being told that this could lead to a cascading collapse of
Two Roads Diverged As we know, it has been a suspect week with a variety of earnings misses. Although I have been constructive on risk asset markets generally, equities anecdotally, as figured year end push for alpha desires could let it run into y
Looks like we interviewed Seth Daniels at just the right time.
With discussion of income inequality reaching a fever pitch—from New York City Mayor Bill de Blasio's "tale of two cities" message to the headline-grabbing sermons of Pope Francis—former Goldman Sachs asset management chairman Jim O'Neill believes th
As global central bankers appear set on a game of inter-continental reach-around, the Japanese - printing press handle in hand - have taken the lead.
The anarcho-libertarian economist Hans-Hermann Hoppe argues for a state-free society. Where government has, for example, no right to compel the citizens to pay taxes to finance armed forces.
Business International trade China surpasses US as world's largest trading nation Beijing describes 2013 figures as 'a landmark milestone' as annual trade in goods passes the $4tn mark for the first time Share 2156 7
The most profitable of all central bank activities has been the financing of major wars, particularly the two World Wars. When nations are engaged in warfare, with their very survival at stake, the governments stretch their resources to the limit in
The “Ig Nobel Prize” is parody of the Noble Prize that is awarded every year for the most trivial scientific achievement. (‘ig’ is short for ‘ignoble’)
Much of the Western world will require defaults, a savings tax and higher inflation to clear the way for recovery as debt levels reach a 200-year high, according to a new report by the International Monetary Fund.
Since the West reached a landmark deal with Iran on its controversial nuclear program late last year, many Iranians are hoping for an end to sanctions. Western companies are also gearing up do big business.
Forget "the 1%-ers", meet the 3%-ers.
GLOBAL PMI DAY: 15 OF 23 NATIONS REPORT ACCELERATED MANUFACTURING GAINS
At the beginning of this year (2013), I identified eight key dynamics that will play out over the next two to three years (2013-2015):
With headlines crowing of gold's worst year since 1981 as a signal that the status quo is winning and proof positive that fiat-currency naysayers must be wrong, it would appear that the rest of the world's central banks (and banks) have used the pric
* Gold under pressure from firm equities * SPDR gold holdings fall 3 tonnes on Friday * Nov. China imports from Hong Kong down 42 pct
Sir Halford Mackinder’s 1904 speach in which he outlined his “Heartland Theory” was a founding moment for geo-politics.
The Nation magazine recently posted a small articled entitled, "Pakistan gets second tranche of $553.5m from IMF."
China move calms credit concerns ... Chinese authorities have been trying to curb excessive lending ... China's central bank has pumped $5bn (£3.1bn) into the banking system to ease concerns over a credit squeeze that has caused rising interest rates
Procuring physical gold seems to be a rather problematic and time-consuming process, as the Bundesbank is learning.
Bringing together such a diverse group is necessary because Bitcoin—as a money that can eventually intermediate all economic exchange—touches so many aspects of our lives. To really understand it requires knowledge from at least four fields of study,
Nigel Farage defends Godfrey Bloom as Bloom is expelled from EU (video)
Following Joerg Asmusen's somewhat surprisingly short 2-year stay at the ECB, stepping down as board member to become Germany's secretary of state for labor, the voice of economic reason in Europe has proposed 49-year-old female Sabine Lautenschlaege
Some of the most respected prognosticators in the financial world are warning that what is coming in 2014 and beyond is going to shake America to the core.
I agree that it is preposterous to call the Pope a Marxist.
Ireland on Sunday formally exits its three-year bailout program, becoming the first eurozone nation to do so, but authorities warned of further austerity to ensure economic recovery.
From liquidity-driven perception to the Keynesian endpoint economic reality... just follow the arrows...