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puerto rico

Puerto Rico Has Filed for the Biggest-Ever U.S. Local Government Bankruptcy

04/05/2017(0)
Puerto Rico announced a historic restructuring of its public debt on Wednesday, touching off what may be the biggest bankruptcy ever in the $3.8 trillion U.S. municipal bond market. ... Read More
Asian Stocks

Asian Stocks Decline as Iron Ore Futures Tumble: Markets Wrap

04/05/2017(0)
FOMC leaves rates unchanged, sees inflation near target Aussie dollar erases loss as Lowe speaks in Brisbane Australian and Chinese stocks fell further on Thursday after metals prices declined, ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil eases, near weakest since late March on small U.S. stocks decline

04/05/2017(0)
Crude oil lost ground on Thursday, falling for a third out of four sessions and trading near its lowest since late March after data showed a lower than expected ... Read More
coffee-commodities

Coffee, tea and cocoa prices could fall by more than six per cent this year: World Bank

03/05/2017(0)
Coffee, tea and cocoa prices could fall by more than six per cent this year according to the World Bank’s Commodity Markets Outlook. The World Bank says the three ... Read More
A containership at a loading terminal is seen in the port of Hamburg, Germany

Germany’s booming economy shifts into overdrive

03/05/2017(0)
Europe’s largest economy, Germany, is seeing trade surge with a sharp increase in demand for goods ‘Made in Germany’ around the world. The rise comes despite protectionist rhetoric from ... Read More
Brent Crude Oil

Oil rebounds on U.S. stocks drawdown, declining OPEC compliance weighs

03/05/2017(0)
Crude oil prices bounced back on Wednesday as a decline in U.S. inventories underpinned the market, although a dip in compliance with OPEC efforts to reduce output and near ... Read More
Greek grossery market

Athens agrees more austerity measures to secure bailout

02/05/2017(0)
The Greek government has agreed to impose more taxes and pension cuts on its citizens in order to pave the way for long-awaited debt relief talks with international creditors. ... Read More
eurostat regional unemployment in Member States 2016

Unemployment rates in the EU regions ranged from 2.1% to 31.3%

02/05/2017(0)
More than 80% of the NUTS 2 regions of the European Union (EU) saw their unemployment rate fall in 2016 compared with 2015, and around 60% recorded a decrease ... Read More
oil markets

Oil posted losses for two weeks in a row

02/05/2017(0)
U.S. crude futures have posted losses for two weeks in a row and are poised to sink again, according to a historical correlation between oil prices and GDP data. ... Read More
Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the headquarters of the People's Bank of China, China's central bank, in central Beijing

End of empire

30/04/2017(0)
“Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, ... Read More
Broker Cyprus TopFX