Christine Lagarde is set to swap the helm of the International Monetary Fund for that of the European Central Bank, becoming the first woman to run euro-area monetary policy just as the bloc's economy looks in need of fresh stimulus.
The G20 summit has not generated unexpected or significant headlines and, of course, is not a catalyst for a relevant change in the global economic trends. The United States and China have only agreed to postpone tariff increases, but no real trade a
Let me warn you right up front – the information in this article might freak you out. If what some experts are telling us is true, a global food crisis appears to be inevitable.
Following statements on Meet the Press Sunday where he said "I was against going into the Middle East," and lamenting that "we've spent 7 trillion dollars" there, Trump continued his theme of drawing down in the region on Twitter, saying Monday morni
A crisis is brewing in the Eurozone and it's not even on mainstream media radar. Italy is at the center of the crisis.
ECB President Mario Draghi spoke today and was full-on dovish. The price action made that clear and the accompanying commentary providing the instant analysis was that the market heard his message and loved it. And that, of course, is the problem. Th
It was shaping up as a slow, boring session with everyone waiting "patiently" for the Fed tomorrow, until right after the European open, when two years after Mario Draghi first laid out the blueprints for the ECB's rate normalization with a speech ab
Just a couple of weeks ago the financial world's biggest worry was the plunging price of oil.
People often refer to the "perfect storm." A perfect storm is generally understood as two or more events that are independent but converge to produce an outcome much worse than either event alone.
The supercar scrapyard! Ferraris, Rolls Royces and Lamborghinis lie covered in desert dust in Dubai after their owners defaulted on loans and had to flee the country
Some while ago, precious rare earths important in the production of microchips, electronics and electric motors were almost exclusively sourced in China.
Ah, the joys of socialism. Amidst a growing political and economic crisis, 4 million citizens have now fled Venezuela.
Delusional Remainers believe Tories will rally around Gove, Hunt, or Javid. Forget about it.
Entangled in their mathematical reformulations of a basic identity of macroeconomic accounting, the adherents of the Modern Monetary Theory lose sight of a big problem: the more a government spends, the less the private sector will invest. In other w
Just one month after conducting joint military exercises, Russia and China are set to sign an agreement which would boost the use of their national currencies in bilateral and international trade in an attempt to mmove away from the current dollar-de
Many unhappy returns. Thirty years ago, British ambassador Sir Alan Donald cabled home his classified report on the bloody goings-on in Tiananmen Square: "Students linked arms but were mown down. Armored personnel carriers then ran over the bodies
Following another weekend highlighted by no progress in trade-talks and further recriminations (from China this time, blaming Trump for the latest collapse in discussions), equity futures and yuan are opening notably lower...
Quite a lot has been written about events that led to the current situation in Venezuela. I understand that the aftermath of the cold war that took our country to its knees can be confusing for those who have never had the opportunity to live in any
Ahead of President Trump's first state visit to the United Kingdom, National Security Advisor John Bolton said Thursday the president looks forward to negotiating a trade agreement with "a fully independent Britain." He also raised the possibil
PBOC Panics, Floods Market With Liquidity As Interbank Funding Freezes After Baoshang Seizure
More than a hundred of the world's elite including Henry Kissinger, Mark Carney and the Dutch King will meet at the secretive Bilderberg summit this week.
Thirty-two-year-old French economist Gabriel Zucman scours spreadsheets to find secret offshore accounts.
China has a problem.
Almost exactly one year ago, when the US-China trade war was still in its early stages and when conventional wisdom (wrong, as it usually is) dictated that the two sides would never escalate to...
China State Run Media Broadcasts Anti-American Movies To Millions Amid Deepening Trade War
The Chinese came from nothing; only 40 years ago, they had nothing but a billion impoverished peasants. No money. No technology. No power.
James joins Melody Cedarstrom for this wide-ranging edition of Financial Survival. Topics covered include Vietnam and tyranny, big tech regulation and back door globalization, the US-China trade war and false flags in the Persian Gulf.
James joins Melody Cedarstrom for this wide-ranging edition of Financial Survival.
Global economic activity has already been slowing down dramatically, and the U.S. trade war with China is just going to make things worse.
With the trade war between the US and China re-escalating once more, investors are again casting frightened glances at declining global trade volumes, which as Bloomberg writes today, "threaten to upend the global economy's much-anticipated rebound