Stock markets in the developed world outside the US led the major asset classes higher last week, based on a set of proxy ETFs. Vanguard FTSE Developed Markets (VEA) ... Read More
France’s oil refineries are on strike Tuesday, union officials said, with all eight of the country’s refineries out of action. A CGT (General Confederation of Labor) union official confirmed ... Read More
Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude and gasoline stockpiles. Brent futures ... Read More
Fiat drags carmakers lower on German report of cheating Greece’s ASE jumps most in western Europe on aid expectation European shares retreated as chemical companies and oil producers tumbled, ... Read More
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche ... Read More
World-wide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in ... Read More
The Swiss are discussing paying people $2,500 a month for doing nothing. The country will vote June 5 on whether the government should introduce an unconditional basic income to replace various welfare ... Read More
Oil prices slipped in Asian trade on Monday on a strong dollar and signs that global crude supply is holding up even as volumes hit by unplanned outages rise ... Read More
European stocks are expected to open mixed on Monday following a mixed start to the week in Asia after weak Japanese export data and a dip in oil ... Read More
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would ... Read More
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