Every day since November 1 [2014] has brought new lows for the Russian ruble.
Every day since November 1 [2014] has brought new lows for the Russian ruble.
Bank of England apologise for RTGS crash: rare, unfortunate, and embarrassing “settlement of payments” systems crash.
I found it very revealing from the media releases that Officials acknowledged the lost of the public’s TRUST.
Suspicious observers should ask, Why was the EBOLA Virus a major topic at the meetings?
5 Sept 2014 “More than 60 world leaders have gathered in Wales for a NATO summit taking place in the city of Newport. All of NATO’s 28 member countries are represented…” “Ukraine and Isis threat set to dominate talks as…
Other than adding a tourist and vacation spot for Canadians, WHAT do the Turks and Caicos Islands bring to the table?
The protests started outside the BBC’s offices in London as the general public, politicians, union leaders and celebrities were brought together by the People’s Assembly campaign group, on Saturday.
Stephen Goodson is a shareholder and former director of the SOUTH AFRICAN RESERVE BANK:
Not only will this policy create a boom in the housing industry, it will have a positive impact on many related industries, as well as manufacturers of furniture and other household goods.
As Venezuela prepares to mark the first anniversary of the death of late president Hugo Chavez, many ordinary people are struggling with a lack of basic foodstuffs, rampant inflation and an economy that is increasingly paralyzed.
Lew wrote to G20 members voicing his concerns about bad debt in the Chinese financial system, which may threaten the global economy. Lou Jiwei responded that China’s shadow banking problem was less serious than western economies, since China’s shadow banking was still connected with the real economy; while the shadow banking products of western economies, such as CDS (credit default swap), have nothing to do with real economic activity.
Yatsenyuk [Ukraine’s new prime minister] believes the economic trouble ahead will likely make him the most unpopular PM in Ukraine’s history.
Unfortunately, there are signs that China has now decided to start looking for a smooth exit from the game. In November, I wrote about how the central bank of China has announced that it is “no longer in China’s favor to accumulate foreign-exchange reserves”. That means that the pile of U.S. dollars that China is sitting on is not going to get any higher.