Jim Rogers exits India, says one can't invest just on hope Rogers said he has sold all his India shares as he saw nothing new coming from Prime Minister Narendra Modi. He said he may return to India at some stage if Narendra Modi starts doing things,
"Too big to fail" became a household phrase during the financial crisis, when bailouts in 2008-2009 provided a safety net for the crumbling global banking system.
While understandably all eyes have been fixed on every monthly capital outflow update from China (even the ones that the Politburo is clearly massaging), few have noticed that one of the biggest total outflows currently in the global developed econom
As a guest post, here is the opinion of IMD Professor Carlos A. Primo Braga on on the economic, political and psychological drivers of Brazil's currency slide.
As a guest post, here is the opinion of IMD Professor Carlos A. Primo Braga on on the economic, political and psychological drivers of Brazil's currency slide.
It has become a Halloween ritual. A year ago, the Federal Reserve ended its quantitative easing bond-buying scheme, which started in 2008 and ballooned its balance by $3.5 trillion. In response, world equity markets, which had been volatile all month
First, Iceland jailed its crooked bankers for their direct involvement in the financial crisis of 2008. Now, every Icelander will receive a payout for the sale of one of its three largest banks, Íslandsbanki.
It's almost difficult to believe, but just 8 years ago, in 2007 and right before the world was swept in the worst financial crisis in history, China had only $7.4 trillion in debt, or 158% in consolidated debt/GDP. Since then this debt has risen to o
Here's How You Know The Economy Is Not Growing Fast Enough ... The Federal Reserve is acting cautiously. If they're concerned, chances are you should be, too.
Last week it was all about central banks, when both the ECB and the PBOC unleashed a massive market rally. This week it will be about even more central banks, this time the Fed, which won't hike, and the BOJ, which may but most likely won't as the Fe
Over the next six months, Barcelona's left-wing city council plans to roll out a cash-less local currency that has the potential to become the largest of its kind in the world.
The Rockefeller Brothers Fund stunned the world just over a year ago. The foundation that was built on a Big Oil fortune announced that it would no longer invest in fossil fuels.
Together with Greece briefly soaring to prominence over the summer (only to fade into perpetual obscurity in its new role as Germany's certified Mediterranean colony), the biggest event of this past summer -
Central-bank stimulus and strong earnings from the largest technology companies combined to give U.S. stocks their fourth straight weekly gain and propel the Standard & Poor's 500 toward its best month since 2011.
The rebound in Chinese equities spurred by the government's efforts to boost growth will probably fade as the measures underscore fundamental weakness in the world's second-largest economy, according to Barclays Plc, Blackfriars Asset Management
Fresh on the heels of an ECB announcement of more QE and the further lowering of the excess reserve rate already at -0.2%, China Nervously Joins Global Easing Campaign.
China stepped up monetary easing with its sixth interest-rate cut in a year to combat deflationary pressures and a slowing economy, moving ahead of anticipated fresh stimulus by central banks from Europe to Japan and possible tightening in the U.S.