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News & Updates
February 10, 2014 How Dangerous Is China's Credit Bubble For The World'
Seeking Alpha - But could a crash there take the entire global economy down with it ... whose rules impose strict limits on the size and frequency of repatriation payments. However, that still leaves around US$1.15 trillion in...
January 29, 2014 Chinese Chicken Ban Proposed By Food Safety AdvocatesSource: Inquisitr
A Chinese chicken ban petition was recently posted on Change.org and is rapidly gaining signatures. Concerns that chicken from China could soon make its way into the American food supply sparked the movement, which has more than...
January 28, 2014 3 Things That Could Negatively Impact The U.S. Economy This Year
buzzfeed.com - According to the assembled financial minds who spoke with BuzzFeed on the sidelines of the îWorld Economic Forumî in Davos, Switzerland, last week. posted on January 27, 2014 at 5:15pm EST DAVOS,...
January 28, 2014 Forex - Dollar steady against yen ahead of FedSource: NASDAQ
Investing.com - The dollar was steady against the yen on Tuesday, firming up after last week's 1.8% decline, as investors began to turn their focus to Wednesday's policy statement by the Federal Reserve. Read more:...
January 24, 2014 Bitcoin attacked by politicians and bankers at DavosSource: Computing.co.uk
US treasury secretary Jack Lew has said that he is worried that Bitcoin may be used to fund illicit activities. Describing the virtual currency as "a phenomenon that we need more time to discuss", Lew said: "From the government's...
January 24, 2014 Central banks to wind down dollar lendingSource: SFGate.com
FRANKFURT, Germany (AP) — The European Central Bank says that it and three other major central banks will wind down their dollar-lending operations amid improving market conditions.
January 24, 2014 Contagion Spreads in Emerging Markets as Crises GrowSource: Bloomberg
The worst selloff in emerging-market currencies in five years is beginning to reveal the extent of the fallout from the Federal Reserve’s tapering of monetary stimulus, compounded by growing political and financial instability.
January 22, 2014 Pope urges Davos elite to serve humanity with wealthSource: Reuters
Pope Francis challenged business leaders assembled in Davos on Tuesday to put their wealth at the service of humanity instead of leaving most of the world's population in poverty and insecurity.
January 21, 2014 Global unemployment jumped to nearly 202 million last yearSource: LA Times
Global unemployment jumped to nearly 202 million in 2013 as jobs failed to keep up with the world's growing labor force, according to one...
January 20, 2014 China economic growth rate stabilises at 7.7%Source: BBC News
China's economy, the world's second-largest, has shown signs of stabilising, as 2013's growth rate matched that for 2012, official data suggests.
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