Search Results for: MoU
It Is Mathematically Impossible To Pay Off All Of Our Debt
May 25th, 2015
Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? Today, the debt of the federal government exceeds $145,000 ...
Bank of Russia Buys Another $200 Million for Forex Reserves
May 25th, 2015
The Bank of Russia continued to intervene in the foreign exchange market last week after it bought another $ 200 million, the bank said on Monday. The central bank–which reports its currency market activities with a two-day lag–made the ...
Federal Reserve proposes adding certain investment grade general obligation state and local municipal bonds
May 25th, 2015
The Federal Reserve Board on Thursday proposed adding certain general obligation state and municipal bonds to the range of assets a banking organization may use to satisfy regulatory requirements designed to ensure that large banking organizations have the capacity ...
Greece warns it is set to default on debt repayment loans
May 25th, 2015
Interior minister says Athens simply cannot satisfy IMF deadline next month unless it works out a deal with eurozone creditors Greece has threatened to default on €1.6bn (£1.14bn) of debt repayment due on international bailout loans next month, claiming it ...
Why Oil’s Rally Is Over
May 22nd, 2015
A lot of people have got very excited as the price of WTI has bounced back from the lows reached a few months ago. If oil fails to break and hold above $62 this time around, however, their enthusiasm ...
World Economic Forum: Jordan in $12bn investment drive
May 22nd, 2015
Dead Sea // Jordan plans to unveil a multibillion-dollar programme of foreign investment and create thousands of new jobs in the country at the World Economic Forum on the Middle East and North Africa. King Abdullah will formally open the ...
Bank of Japan: Statement on Monetary Policy
May 22nd, 2015
1. At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank of ...
Hellenic Capital Market Commission (HCMC) Decisions
May 21st, 2015
The Hellenic Capital Market Commission (HCMC) decided during its Board of Directors’ meeting, on 14.5.2015, the following: The approval of the offer document regarding the mandatory bid of PIRAEUS BANK SA to the shareholders of the company TRASTOR REIC, according to ...
SEC Charges Brokerage Firm Co-Owners With Defrauding Investors
May 21st, 2015
The Securities and Exchange Commission today announced fraud charges against the co-owners of a Manhattan-based brokerage firm. The SEC alleges that as Arjent LLC and its UK-based affiliate Arjent Limited were approaching insolvency, chairman and CEO Robert P. DePalo ...
OPEC Struggling To Keep Up The Pace In Oil Price War
May 21st, 2015
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in the second half of this year. CA recently noted ...