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The Greek crisis highlights the urgent need for a return to national currencies
All three have risen from lower levels but have seen faster expansion by the BOJ & the FED gaining pace to now catch the ECB.
Few seem to ponder what global shortages in key commodities might do to prices. If there is any economic truism that is accepted by virtu...
“Amid cash crisis in Venezuela, banks reducing withdrawals by cheque. Banesco daily limit today 5000 bolivars (17 US cents on black market).”
JP Morgan has warned that another financial crash could be round the corner as the decade of ultra-loose money comes to an end.
The world’s Central Banks have finally succeeded in unleashing an inflationary storm. The first pickup has only just begun to be felt. But this time next year, when inflation is well north of 4% globally
Moody's Threatens Downgrade If Trump Tax Plan Is Passed
In case you haven't guessed, the acronym stands for "Stall Now And Inch-along Later." For if there's any clear point to the strategy the Fed has chosen....
Rickards restates his case for “$10,000 gold” & contends it’s at a relatively low price, & people should buy it now and simply hold it.
Given President Trump's 'shortlist', it may well be among her last public appearances as Fed Chair.
The death spiral appears unstoppable, meaning the U.S. as we know it will no longer exist within a decade or, at most, two.
Freedom is the thing. Freedom to choose, freedom to be wrong, freedom to correct our mistakes once they’ve been made.
CATALONIA risks “abandoning the European Union” by splitting form Spain, a panicked Brussels warned today.
Spain's constitutional crisis deepened Wednesday after the nation's king lashed out at Catalan's secessionist leaders in a TV address and the region's President vowed to declare independence within days.
President Donald Trump’s budget chief said not to take the president’s suggestion that Puerto Rico’s debt would be “wiped out” literally, as the territory’s bonds plunged to a record low on Wednesday.
Puerto Rican bonds took a huge hit on Wednesday following President Donald Trump's comments on the island's massive debt.
The Trump administration will ask Congress to provide $29 billion in disaster aid and national flood insurance for hurricane-recovery efforts, a Republican lawmaker said Tuesday.
Russia is quietly boosting economic support for North Korea to try to stymie any U.S.-led push to oust Kim Jong Un as Moscow fears his fall would sap its regional clout and allow U.S. troops to deploy on Russia's eastern border.
ExxonMobil has spared no expense to affect the focus of U.S. government policy decisions on Venezuela.
The President of Venezuela Nicolas Maduro has proposed oil producing countries should discuss creating a currency basket for trading crude and refined products.