"Deutsche Bank is also a major source of systemic risk in the global financial system. The net contribution to global systemic risk is captured by the difference between the outward spillover to the system from the bank and the inward spillover to
As you may have already heard, the UN is "taking over the internet" this weekend. But as you've also heard if you follow The Corbett Report, that is a complete misrepresentation of what is really happening. Worse, hyperbole about a "UN takeov
Pension Bond "Halloween" Madness: Alaska to Borrow Money from Asia at 4%, Hoping for 8% Returns
Capital Flight in Italy, Spain Intensifies: Italy Target2 Balance Hits Record Negative, Spain Close Behind
Policy-making elites converge on Washington this week for meetings that epitomize a faith in globalization that's at odds with the growing backlash against the inequities it creates.
Hungarian Prime minister Viktor Orban has delivered a huge blow to the European Union after 95 per cent of the Hungarian public soundly rejected EU migrant redistribution plans.
I think there will be a government bailout of Deutsche Bank this year. Commerzbank may be in equally bad shape. Its shares are sliding. If Germany's government must intervene, then European depositors will ask themselves: Which banks are safe?
Deutsche Bank Collapse: The Most Important Bank In Europe Is Facing A Major 'Liquidity Event'
Six Current or Former Deutsche Bank Managers Charged with Fraud Related to Monte dei Paschi Derivatives
"Storm in a teacup" this is not.
ECB and Italy's bank rescue fund head clash over bailout rules … The European Central Bank and the head of Italy's bank rescue fund clashed on Monday over the European Union's tough conditions on state aid for troubled banks. Speaking at th
Following Obama's 9/11 bill veto defeat yesterday, and despite a surge in oil prices after a 'deal' was struck by OPEC, Saudi Arabia's markets are signaling panic in The Kingdom. Currency forwards are collapsing, default risk is jumping, and bank sto
Deutsche Bank concerns just went to '11' as Bloomberg reports a number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender, a sign of counterparties' mounting concerns about
Yesterday we talked about one small market in the US… but in fact there are dozens of cities across the world where property prices entering (or already in) a bubble.
With Deutsche Bank mercifully missing from overnight headlines for the first day in almost two weeks, it is time to bring attention to Germany's second largest bank which, as we first reported earlier in the week citing a Handelsblatt leak, confirmed
Hot on the heels of the Deutsche Bank debacle comes the next nail in Germany's economic coffin.
Tyler Durden for Zero Hedge reports As reported over the weekend, in an unexpected announcement Angela Merkel announced that she has ruled out state aid for Deutsche Bank, and the market reaction has been swift and brutal, with the bank's shares tu
In this episode of China Money Podcast, returning guest Dr. Marc Faber, renowned investor and publisher of The Gloom, Boom & Doom Report, speaks with our host Nina Xiang. Dr. Faber played a game of Long & Short, where he spelled out his view on centr
(NaturalNews) Author Charles Dickens' classic, A Tale of Two Cities, begins this way: "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness ... ."
Sometimes I wonder if I'm ever going to run out of new things to say about the economy. Nothing interesting has happened in a long time.
Sales To Foreigners Crash 96%
A heavily divided Federal Reserve left short-term interest rates unchanged but said the case for a rate increase "has strengthened", in a strong signal that a move is likely before the end of the year … Three out of 10 of the US central bank'
Monetarists Are Out of Ideas … Steve Williamson of the Federal Reserve Bank of St. Louis for the past three years or so has been trying to convince the macroeconomics world to consider a bold new theory -- that central bank policy works in reverse
Monte Paschi Rescue On The Rocks: Regulators Now "Expect Bank To Ask Italy For Bailout"
The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
A lot of the benefits of trade are counterintuitive. A rule of politics is that the more that the right public policy is counterintuitive, the greater the opportunity for demagogues to get elected by advocating the wrong policy.
Slate is ecstatic over the latest economic news, believing that the US is on the road to recovery. This is incorrect, though. The US and the world are on the way to the largest economic disaster ever faced.
Zero Hedge reports Two months after Bernanke's unexpected trip to Japan failed to unleash the "helicopter money" many expected his visit to the BOJ would deliver, Bernanke is back with another shocking policy appeal, this time not as a result of a tr
The efforts of grass-roots 'deniers' is paying off in Switzerland. When people see through the scam of climate change and green economy, they will naturally reject it; this is exactly why Technocrats want to clamp down on free speech around the w
OBLITERATE THE GLOBAL ECONOMY . Lana Clements for Express UK reports A PERFECT market storm is brewing and it's going to leave economic carnage in its wake, a finance expert has warned. Investors should prepare for world stock markets to sink by