Search Results for: US economy
Euro Near Two-Year Low as Ifo to Spur Draghi Push; Aussie Gains
November 24th, 2014
The euro was near a two-year low versus the dollar before a German report that economists said will show business confidence declined for a seventh month. The shared currency held declines against most major peers after European Central Bank ...
EU blackmails Serbia to impose sanctions on Russia
November 21st, 2014
Serbia must impose sanctions against Russia if it wants to join the European Union, the European Commissioner for Regional Policy Johannes Hahn said. “Serbia legally obliged, within the scope of negotiations about accession to the EU, to gradually align ...
Permits Rise to Six-Year High as U.S. Housing Starts Decrease
November 19th, 2014
Residential-construction permits in the U.S. climbed in October to a six-year high, pointing to a pickup in homebuilding after activity cooled because of a slowdown in multifamily projects. Groundbreakings for single-family homes, condominiums and apartments fell 2.8 percent to a ...
Russia ready to join G20 tax data exchange plan from 2018
November 17th, 2014
Russia will be ready to join the G20 automatic tax information exchange program from 2018, Finance Minister Anton Siluanov told reporters Monday after a G20 summit. “Now we have already prepared an order on automatic tax information exchange. Countries ...
G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy
November 17th, 2014
Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical ...
Yen Falls to 7-Year Low on Election-Stimulus Speculation
November 17th, 2014
The yen strengthened after falling to a seven-year low against the dollar as demand for safer assets revived following a report that showed Japan’s economy unexpectedly sank into a recession. Japan’s currency climbed from the weakest level since October ...
If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster?
November 11th, 2014
The parallels between the false prosperity of 2007 and the false prosperity of 2014 are rather striking. If we go back and look at the numbers in the fall of 2007, we find that the Dow set an all-time high ...
Over 1,000 business leaders support fundamental change to UK’s relationship with the EU
November 10th, 2014
More than 1,000 business leaders have signed up to the campaign group Business for Britain, which lobbies for significant change to Britain’s relationship with the EU. An advert with all the signatories was published in today’s Sunday Telegraph. The ...
No Longer Business as Usual in China
November 10th, 2014
With heads of state and corporate chieftains in Beijing for a major economic summit meeting this week, China’s increasing economic nationalism is expected to be heavily debated. China is changing the rule book for business, forcing multinational companies to ...
Wheels Finally Fall Off Russian Ruble
November 10th, 2014
A strong dollar, declining oil prices, and a weak economy have finally taken the wheels off the Russian ruble. It has finally sunk in that the Central Bank is not going to act in defense of the ruble anytime ...
