0.0 00 US retail sales came in lower than expected pushing the US Dollar lower and Treasury rates higher. That an Iran deal has dampened hopes for inflation which might cause the Federal Reserve to put …
Read More »Blockchain: from Bitcoin to back office
0.0 00 Blockchain: from Bitcoin to back office Blockchain: from Bitcoin to back office Jul 14, 2015 : Blockchain, the technology that underpins Bitcoin, has been called the ‘saviour of global finance’. Banks, exchanges and regulators …
Read More »Singapore Widely Misses Growth Targets for Q2
0.0 00 This morning Singapore released its second quarter gross domestic product (GDP) number and it sharply missed expectations. This comes after analysts had already downgraded their projections for the city-state. Growth, across the board has …
Read More »Greece is Saved Again!
0.0 00 There has been a unanimous agreement reached by Eurozone leaders today, after lengthy overnight wheeling and dealing to save Greece with a third bailout. This will also keep the failing Greek state in the …
Read More »Apparant “Technical Difficulties” Brings Trading on the NYSE to a Halt
0.0 00 Overnight, trading resumed on the New York Stock Exchange (NYSE) at 3:10pm EST after a “technical issue” caused the systems to go down for over three hours. All trading came to a halt at …
Read More »Panic Selling Grips China’s Financial Markets
0.0 00 There is a degree of “panic sentiment” gripping mainland stocks in China, warned the China Securities Regulatory Commission (CSRC) as China’s sold off sharply and in “irrational selling” earlier today. The Shanghai Composite imploded …
Read More »The Greeks say “NO!!!”
0.0 00 The vote is in. The people of the nation of Greece, civilizations first democracy, has no to further bailouts and austerity. A resounding 61.3 percent of the people said no and only 38.7 percent …
Read More »Greece’s Creditors and Lenders Need a Wakeup Call
0.0 00 Power corrupts and having power is an enormous responsibility. However, the power one has does not mean an adversary will fold and cease to resist. One needs to constantly asses their capabilities and know that …
Read More »Puerto Rico is Getting Ready to Default
0.0 00 The little island commonwealth, and protectorate of the United States of America, Puerto Rico is about to default as it is carrying a large amount of debt it cannot pay back. This is way …
Read More »BREAKING NEWS: Greece Confirms it will Default to the IMF
0.0 00 The nation of Greece has run out of money. They have rejected the conditions Europe set for releasing the next tranche in bailout monies which expires tomorrow at midnight. The Greek government has said …
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