Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing borrowers to clamber for ... Read More
Some of Europe’s biggest banks are on the brink for a crisis that echoes the 2008 meltdown, a finance expert warned today, as fears over the global economy escalate. ... Read More
The European Commission has issued a press release to inform regarding Winter 2016 Economic Forecast; Weathering new challenges The European economy is now entering its fourth year of recovery and ... Read More
Saudi Arabia has long trumped Russia in the Chinese oil market. The Saudi share of Chinese crude imports at the beginning of the decade was about 20%, while Russia’s ... Read More
The economies of the UAE and Saudi Arabia slowed further last month, according to monthly trackers of business activity published yesterday, as falling oil prices and a stumbling global ... Read More
Well that didn’t take long. Two weeks of falling share prices and the European and Japanese central banks caved. First the ECB promised new stimulus — which the markets ... Read More
I participated recently in an entrepreneurial educational field trip to Athens that is organized by CIIM’s Entrepreneurship and Innovation Center (ENTICE). This is part of a series of educational ... Read More
If the risk-on euphoria of punters borrowing billions of dollars in margin debt doesn’t materialize, stocks could languish for years after falling 50%. The financial service industry’s Prime Directive ... Read More
The Bank of Japan (BOJ) has issued an announcement to inform that on its meeting held on January 29, the Policy Board decided to introduce “Quantitative and Qualitative Monetary Easing (QQE) ... Read More
Apple is far from the only iconic US company that’s signaling a global slowdown. Three more are in the news today: “Caterpillar warns equipment sales still falling ... Read More
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