Search Results for: US economy
Asian shares, oil prices tumble on growth worries
October 10th, 2014
Asian shares shuddered and Brent crude oil prices tumbled to their lowest since 2010 on Friday after weak German export data raised fears that Europe’s economic woes could drag down the global economy. “European markets face the prospect of ...
Hong Kong protests about economics as much as democracy
October 10th, 2014
For years, Beijing has feared colour revolutions. Now, it has one on Chinese soil. The Occupy Central movement has morphed into the Umbrella Revolution. Tens of thousands of Hong Kong citizens, including students as young as 13, have taken ...
Interview with St. Louis Fed Vice President on Bitcoin
October 9th, 2014
Dr David Andolfatto, who is Vice President of the St. Louis Federal Reserve, has been one of the most forward-looking people at central banks around the world when it comes to crypto-currencies. Here he speaks with Max Rangeley, Editor ...
Asian shares soar on wings of dovish Fed message
October 9th, 2014
Asian shares surged and the dollar skidded on Thursday after minutes of the U.S. Federal Reserve’s latest policy meeting showed concerns about downside risks of a stronger dollar and the global economy. European shares were expected to take their ...
Rouble falls to a new low
October 9th, 2014
The rouble has fallen to a new low against both the dollar and the pound today, as sanctions and falling oil prices continued to hit prospects for Russia’s economy. At pixel time one rouble would have bought you just ...
Where Next? A peek through the Macro Lens
October 9th, 2014
Financial markets have been on a heady ride since the financial crisis began in 2008. It looks like we are now at a very critical juncture which will define how things play out over the next 18-24 months. There ...
I.M.F. Asks Rich Nations for Support
October 8th, 2014
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track. The International Monetary Fund, showing heightened concern over a slowing world economy, said on Tuesday ...
Tax Cuts In Greece’s First Balanced Budget In Decades
October 8th, 2014
Greece’s 2015 Budget, released on October 6, 2014, includes reductions to the solidarity tax on earners and a 30 percent cut on the tax on heating oil, as part of the Government’s pledge to begin to unwind the austerity ...
Asian shares edge up, dollar steadies after drop
October 7th, 2014
Asian shares rose on Tuesday, while the dollar languished after investors locked in some gains on its recent rally. “European equities are set to edge lower tracking modest declines in the US overnight. The small negative start belies the ...
Cybersecurity training ‘essential’ for lawyers
October 7th, 2014
Government urges lawyers and accountants to develop skills to defeat computer attacks. Solicitors urgently need to develop skills to protect their clients and themselves from cyber attacks, urges the government and Law Society. They are to make available a ...
