Search Results for: Germany
Iran, Greece seek cooperation in energy
November 30th, 2015
Iran and Greece are going to discuss a long array of economic relations issues, including banking, oil, industry, transportation and urban development during a two-day visit by Greek Foreign Minister Nikos Kotzias and his accompanying delegation which consists of ...
What Will It Mean If the Yuan Gets Reserve-Currency Status?
November 30th, 2015
At least $1 trillion of global reserves may migrate to yuan Successful bid would boost Xi’s economic reform efforts International Monetary Fund representatives have given China strong signals that the yuan is likely to soon join the fund’s basket of reserve ...
Asia stocks mostly climb on ECB easing prospects
November 26th, 2015
Asian markets were mostly higher on Thursday on the prospect of fresh European stimulus even as new data reinforced expectations for tighter U.S. monetary policy. The euro traded above the $1.06 handle, rebounding after hitting a seven-and-a-half month low of $1.0565 ...
German prosecutors launch tax evasion probe at Volkswagen
November 25th, 2015
German prosecutors have launched an investigation into suspected tax evasion in connection with cheating on emissions tests by Volkswagen (VOWG_p.DE), adding to the intense scrutiny of Europe’s biggest carmaker. The investigation focuses on five Volkswagen employees, a spokesman for ...
Asia stocks stumble on geopolitical tensions, oil stands tall
November 25th, 2015
Asian stocks were on edge on Wednesday as geopolitical tensions flared after Turkey downed a Russian fighter jet, while crude oil prices extended gains. Spreadbetters expected some of the tension to have eased when trading begins in Europe, forecasting ...
U.S. probes Bosch in VW cheating scandal
November 20th, 2015
U.S. authorities are investigating German auto supplier Robert Bosch GmbH over its role in Volkswagen AG’s (VOWG_p.DE) massive scheme to cheat U.S. emission standards, according to people familiar with the matter. Federal prosecutors with the U.S. Department of ...
Advice to the Prime Minister/President
November 19th, 2015
Your country faces a stagnating economy. Let us assume your Prime Minister (or President if that is who holds the executive power) seeks advice from two imaginary economists. PM: You two economists have different views on what our economic ...
After Grexit and Brexit, now is Fixit? a Finnish exit of the single currency
November 19th, 2015
A ‘Fixit’? Finland to debate leaving the euro zone We’ve heard of a “Grexit” and “Brexit” to refer respectively to the threat of Greece and Britain leaving the euro zone and European Union. But now there’s a “Fixit” – ...
Ominous Parallels: The Roman Empire, The European Union, And Mass Migration
November 18th, 2015
This weekend’s Paris attacks, occurring in the middle of one of history’s largest mass-migrations, has the feel of uncharted territory. But it’s actually an eerie echo of something that happened nearly two thousand years ago in more-or-less the same ...
Asian stocks higher as shock of Paris attacks fades
November 18th, 2015
Asian stocks were mostly higher Wednesday as the shock of the Paris terror attacks faded and an uptick in U.S. inflation added support for a possible interest rate hike. KEEPING SCORE: Tokyo’s Nikkei 225 gained 0.2 percent to 19,676.77 ...
