Nobody knows whether the Fed will raise rates again in June, not even Fed officials. So it seems kind of pointless Chinese officials would ask...
Africa’s Ticking Time Bomb: $35 Billion Worth of Eurobond Debt
The 2008 economic crisis is the single largest factor that has driven developing countries to seek alternative sources of financing for social and developmental infrastructure... Read more
Tax Havens: How They Work, and Can You Do It Too?
The Panama Papers and the revelation of the offshore financial activities of countless celebrities, current and former government officials, and sports personalities make tax havens,... Read more
Chinese Currency Moves Signals Trouble Ahead
After the market fireworks at the beginning of the year, things started to quiet down at the end of February right after the G20 meeting... Read more
June Fed Rate Hike Likely If Economy Improves
WASHINGTON—Catching many investors offguard, the Federal Reserve made clear on May 18 that an interest rate hike in June is likely if the economy keeps... Read more
Scorching Vancouver and Toronto Housing Markets to Head Higher
Canada’s two hottest housing markets in Vancouver and Toronto, fuelled by foreign money, keep defying gravity. Housing market analysts are pushing out their expectations—or perhaps... Read more
Moody’s Downgrades Saudi Arabia on Lower Oil Prices
NEW YORK—Saudi Arabia’s credit rating has been downgraded by Moody’s because of the long and deep slump in oil prices. Moody’s Investors Service said Saturday... Read more
Politicians Argue Over Health Care, Small Businesses Are Fixing It
Major health insurers have already begun to propose significant premium increases for next year in an attempt to cover their higher than expected costs from... Read more
Who’s Right About Gold?
There’s one thing not open for debate: Gold is up 20 percent this year, only silver and soy did better. What is debatable and also... Read more
Donald Trump Stirs Up Debt Hornet’s Nest
Donald Trump recently hit on another very sensitive issue in U.S. politics, which doesn’t have to do with immigration: the national debt. He told CNBC:... Read more
Chinese Stocks Crash, but It Isn’t the Bad Trade Data
Compared to the first few trading days of the year, when the Shanghai Composite lost more than 5 percent per day, the three percent loss... Read more
World’s Biggest Investors Risk Another More Severe Global Finanical Crisis
Financial markets are again misunderstanding or ignoring risk, and are certainly underpricing it, both as individual institutions and systemically. The risk is another global financial... Read more
China’s Economy: Is There Something We Are Missing?
On the surface, things are quite straight forward: China has been growing fast thanks to a historic expansion in debt and recently failed to transition... Read more
Europe Central Bank to Halt Production of 500-Euro Bills
FRANKFURT, Germany — Production of the 500-euro banknote is being discontinued amid concerns it had become too popular among crooks and money launderers. The European... Read more
What Will Saudi Arabia’s Vision 2030 Mean for Its Citizens?
Saudi Arabia has released details of its Vision 2030—an immensely ambitious plan which Deputy Crown Prince Mohammed bin Salman says will end the Kingdom’s dependence... Read more
Australia Restarts the Currency Wars
Part of the reason world financial markets rebounded from their lows in February was the G20 summit in Shanghai, China, at the end of February... Read more
Bad News: Why TV Is Going the Same Way as Print Journalism
Television news has been—and currently remains—the most powerful platform in the world for news and information. For more than 50 years, it enjoyed a privileged... Read more