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320 words Still a few days ago, one could read comments from the financial and political sectors according to which the Chinese economy is not a cause for particular concern and that its less ...
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315 words The terrorist attack on June 26, 2015 in Sousse that killed 39 European tourists – deliberately targeted, mainly British citizens – could deal a fatal blow to the first signs of the ...
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345 words The IMF has confirmed that the $1.2 billion repayment due by Greece to the IMF on June 30, 2015 has not been received. Reminding that Greece is now in arrears and can ...
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337 words If doubt has been growing over China’s stock markets – the fall has been sharp for two consecutive weeks after an excessive bullish jump of 100% and more YTD – the Chinese ...
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293 words The default of Greece is unavoidable. One could even think it has been planned. This is the consensus that has shaped through the analysis by our team of a vast amount of ...
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454 words Best could be not denying that it’s been done rather than feigning ignorance or providing incomplete answers. New documents released by Wikileaks would show that the US National Security Agency (NSA) has ...
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339 words Officials from China and the United States are holding the seventh China-US Strategic and Economic Dialogue (S&ED) and the sixth China-US High-Level Consultation on People-to-People Exchange (CPE) on June 23-24, 2015 in ...
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267 words “What can be worse than market crash?” one of our articles asked in December 2014 as the situation in Ukraine was the main reason for higher volatility on the financial markets and ...
“By late summer 2014, with interest rates having declined further, it appeared that no further debt relief would have been needed (by Greece) under the November 2012 framework, if the program were to have been implemented as agreed,” said an IMF report that questioned PM Alexis Tsipras’ policy.
An accord between Iran and the P5+1 is near, according to diplomatic sources from China, Russia and Iran. A same stance seems not shared by western country for now. There have been real advances but there are remaining questions that need answers, analysts said.
The US economy can still be improved. President Barack Obama said the latest jobs report for the US is “good,” but there is still more work to do “get folks’ wages and incomes to keep going up.”
China “tous azimuts”. Chinese Premier Li Keqiang has paid a milestone official visit to France where he said “the two nations should strengthen strategic mutual trust and push forward the development of the bilateral relations.”
In anticipation of an accord with the P5+1, Iran has already witnessed improvement of its trade and investment trends. According to official sources, Iran non-oil exports, a priority of President Hassan Rouhani, have grown and Iran’s trade balance for Q1 2015 has turned positive.
Greece’s financial default will likely have consequences on largest European economies such as France, Italy and Germany. Beyond financial considerations, the high cost that mostly worries governments will be political. In Spain with Podemos and in France with the Front National, radical political change has never seemed so possible.
Russian President Vladimir Putin reiterated his support to Syria and his counterpart Bashar Al-Assad. More significant has been him saying Turkey, Saudi Arabia and Jordan “are ready to make their contribution to fighting the evil that is the Islamic State (ISIS).”
French companies and Economy Ministers were spied by the NSA for years. The US intelligence agency allegedly described France’s economy as being “in shambles”. There has been none strong public diplomatic and political response from the French government. Public opinion discontent skyrockets.
Federal Reserve (Fed) Governor Jerome Powell told the Wall Street Journal (WSJ) that there could be two interest-rate hikes this year (2015) as he said the stock market isn’t showing signs of being in a bubble.
“How will this scandal end?” Russian President Vladimir Putin asked his foreign minister Sergei Lavrov about the NSA’s spying of France’s top officials. “I think that both sides will try to blanket the scandal and forget about it,” Lavrov replied.
“Achieving this positive outcome was never going to be easy, but it proves that the power of a good idea, no matter where it comes from, can win out over the stasis of gridlock,” said US Senate Majority Leader Mitch McConnell after the passage of Trade Promotion Authority.
Americans overall may underestimate the value of their wasted food, they estimated wasting $640 in household food each year, according to the American Chemistry Council. Meanwhile, there are still 800 million hungry people in the world.Get more In Brief...