Last week French Finance Minister Michel Sapin spoke out against the United States' dollar's standing as the world's reserve currency. Upset with a $9 billion fine leveled by the U.S. against French bank bnp Paribas for helping nations like Sudan and …
And in some ways this power has grown as economies have become more globalized and trade and capital flow faster around the world. It's this weapon that is the real force behind the Iranian sanctions, the reason that Iran simply cannot conduct much …
Global investors betting on a pickup in economic growth in the second half of 2014 have driven equity overweight positions to three-year highs, a closely watched survey showed today. According to Bank of America Merrill Lynch, which polled 179 managers …
In recent months, concern has intensified among the world's financial experts and news media that overheated asset markets β real estate, equities, and long-term bonds β could lead to a major correction and another economic crisis. The general public …
The world economy is just as vulnerable now to a financial crisis as it was in 2007 β with the added danger that debt ratios are now far higher and emerging markets have been drawn into the fire as well, the Bank for International Settlements has warned.
The world economy is just as vulnerable to a financial crisis as it was in 2007, with the added danger that debt ratios are now far higher and emerging markets have been drawn into the fire as well, the Bank for International Settlements has warned.
βThe global economy is more vulnerable than it was just before Lehman Brothers collapsed says the Bank of International Settlements (BIS), the international finance watchdog, citing even higher debt ratios and emerging market involvement. Jaime Caruana …
There are two great transformations happening in the global economy, and how they interact and counteract each other will have a major impact on how countries grow, strategist John Mauldin said this morning while visiting the MoneyBeat desk. The first …
That's a problem for the region's exporters as they try to drum up business in the growing global economy. Carmakers from Germany to Greek yoghurt makers find it more difficult to sell their wares when the euro is so strong. With the economy barely …