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Greece, a mastery lesson of Economic Crisis

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Online since 22 mins

321 words 7 years or more after the global financial crisis broke out, a world crisis that would have required utmost coherence and strongest determination, the Greek situation may become someday for economics classes ...

Is the Herbalife’s saga starting or ending?

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Online since 23 hours

480 words “The (US) Department of Justice (DOJ) recently sought information from the company, certain of its members and others regarding allegations being made about the business practices of the company and its members,” ...

The Oracles warned you, but will you listen?

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Online since 2 days

369 words The financial markets have reached new records high. Most of the media, commentators, analysts, and so on kept telling you this time it’s different, that the fundamentals are so good that there’s ...

The Euro area narrowly escaped deflation, for now

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Online since 3 days

300 words The threat of deflation has become the most dangerous development the euro area could fear from since January 2015, overcoming asset price bubbles and unemployment as the top priority issue. The threat ...

Justice or else: is France in the DOJ’s line of fire?

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Online since 6 days

453 words “We have already seen four major quasi-criminal settlements – with Technip, Alcatel, Total and Alstom –  where the US Department of Justice (DOJ) investigated French companies even though, at least in some ...

Large shakeup at King Salman’s Saudi Arabia

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Online since 7 days

399 words The death of Saudi Arabia King Abdullah finally coincided with the possible end of the oil prices’ bearish trend started in June 2014 that reached its lowest at $43.56 a barrel (WTI) ...

Forget Solyndra, rise of the Renewable Energy

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Online since 1 week

321 words There is growing consensus that solar energy could be the largest source of electricity by 2050. Yet it was not a foregone conclusion until recently. Almost four years ago, Californian solar panel ...

Concerns over China’s facilities in disputed areas

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Online since 1 week

199 words China’s government repeats its Navy plays a “strategically pivotal role in maintaining national safety and development interest.” The US and its allies in Asia don’t think so. “There are concerns we raise ...

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“We all have a stake in what happens here in Somalia. The world cannot afford to have places on the map that are essentially ungoverned,” stated US Secretary of State John Kerry during a surprise visit to Mogadishu.

For the first time in 5 decades, the US government is allowing ferry service between Florida and Cuba. US Treasury and Commerce departments notified 4 companies of approvals.

“The divergence (between Fed and ECB policies) can be a cause of instability as markets react instantly to any new information and their impact on monetary policy,” said ECB governing council member Christian Noyer.

At a May 5, 2015 meeting in Riyadh, the GCC invited French President François Hollande to participate, making Hollande the first foreign leader to attend GCC summit.

“In an uncertain environment of global economy, monetary policy settings should be carefully calibrated and clearly communicated to minimize negative spillovers,” agreed China, Japan and ROK Finance Ministers.

“I am also absolutely convinced that the worst-case scenario will be avoided,” Vítor Constâncio, Vice-President of the ECB, said about the possibility of a Grexit.

Former Hewlett-Packard CEO Carly Fiorina, former Arkansas governor Mike Huckabee and retired neurosurgeon Ben Carson are the three new GOP candidates to enter 2016 presidential race.

The Bank of Russia decided to reduce the key rate from 14.00 to 12.50 percent per annum, taking account of lower inflation risks and persistent risks of considerable economy cooling.

Analysts get growingly concerned by weak and divergent manufacturing PMIs between European countries, particularly between France and Germany.

Moody’s downgraded Greece’s government bond rating to Caa2 from Caa1. The outlook on the rating is negative. Uncertainty on government’s financial policy is the top reason.

Gains for growth and stability from financial deepening remain large for most emerging markets, but there are limits on size and speed, said an IMF note.

The Middle East and North Africa region is experiencing a modest economic recovery, despite the sharp drop in oil prices and deepening conflicts, the IMF wrote in its latest regional assessment.

Asian stocks could be rising even more as analysts bet on more stimulus from central banks. “Weak data from China makes us think that there’s impending development ahead,” a source said.

Poland has combined robust economic growth with reducing some of the pressures on its environment since it joined the EU in 2004, according to a new OECD report.

Most of the Latin America countries have not yet rebuilt their fiscal space, despite buoyant commodity revenues and relatively strong growth in the aftermath of the crisis, read an IMF report.

NATO and Ukraine established a formal framework for the former’s Support and Procurement Agency (NSPA) to act as the Executing Agent for two of the NATO Ukraine Trust Funds.

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