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News & Updates

July 2, 2015 These 10 Economies Will Be the World's Worst Performers

Source: Bloomberg

Ukraine will finish 2015 as the biggest loser in global growth, according to forecasts of economists surveyed by Bloomberg.

July 2, 2015 China passes law aiming at 'secure and controllable internet'

Source: RT

China has passed a new law aimed at promotion of state security and sovereignty on Wednesday. One of the key provisions of the law is expanding state control over the internet.

July 2, 2015 Swedish crown slips on rate cut, dollar hits three-week high

Source: Reuters

The Swedish crown sank 1 percent on Thursday after Sweden's central bank surprised markets by cutting interest rates deeper into negative territory and saying it would pump more money into the economy, citing risks from Greece....

July 2, 2015 Germany to shut down coal-fired plants, extend power grid: sources

Source: Reuters

The German government decided on Thursday to order the shutdown of several coal-fired plants in order to reach its ambitious climate goals by 2020, government sources told Reuters.

July 2, 2015 Cablevision Judge Throws Out Suit Challenging Dolans’ Pay

Source: Bloomberg

Cablevision Systems Corp.’s board won’t have to face investor claims that directors allowed Chairman Charles Dolan and his relatives to pocket $100 million in excessive salaries and bonuses.

July 1, 2015 Most Significant Criminal Food Safety Case Nears Conclusion

Source: Food Safety News

Two days have been set aside this week to resolve remaining pre-sentence issues in the Peanut Corporation of America (PCA) criminal case being heard in federal court in Albany, GA.

July 1, 2015 World Bank warns China to reform ‘distorted’ financial system

Source: FT

China must take urgent steps to reform a “distorted” financial system in its transition to a more balanced economic model, the World Bank has warned in its latest review of the country’s economy.

July 1, 2015 China and Japan show hints of healing, rest of Asia still struggling

Source: Reuters

Growth in China's services sector picked up in June while big Japanese companies planned to ramp up spending at the fastest pace in a decade, offering hope that prospects are improving for Asia's largest economies despite...

July 1, 2015 Oklahoma Woman Blaming Fracking for Quake Can Sue Oil Firms

Source: Bloomberg

New Dominion LLC can be sued by an Oklahoma woman injured when her fireplace fell on her during an earthquake that she blames on disposal wells tied to fracking.

July 1, 2015 Greece Misses Debt Payment, Deepening a Crisis

ATHENS — The International Monetary Fund said shortly after midnight Wednesday that Greece had missed a crucial debt payment to the fund.

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