These interrelated bubbles, repeatedly bolstered by aggressive monetary stimulus, foment latent financial and economic fragilities. Financial and economic bubbles have evolved over years to encompass the world. Unprecedented financial excess has …
Robert-McGarvey EDMONTON, AB, Jan 6, 2014/ Troy Media/ – I overheard a prosperous looking gentlemen talking to a group of friends the other day. The banter went something like this, “Things are looking up. My investment portfolio's finally back to …
GLOBAL growth picked up in 2013, ending the year at a solid pace. This strength should carry over into early 2014, but momentum is likely to wane. The global economy may be entering the late stage of the cycle, characterised by rising capacity …
We take a look at two global economic updates or interesting key developments that happened recently which investors can take note of. First up, we'll peruse through Singapore's GDP growth figures and the performance of various industries for 2013 …
You do not have to go far to hear that financial hard times are over in 2014. But no one looking around the global economy could possibly miss the work still undone. Some see potholes deep enough to send the recovery bus off the road. Europe, China …
LONDON, Jan 6 (Reuters) – Service industry growth slowed sharply in China as 2013 drew to a close but picked up across most of Europe, suggesting still very uneven global economic performance even as most signs point to a strengthening U.S. revival.
imageglobe_50723910_preview.jpg. The top ten richest billionaires in the world were Bill Gates, Carlos Slim, Amancio Ortega, Warren Buffett, Ingvar Kamprad, Charles Koch, David Koch, Larry Ellison, Christy Walton and Jim Walton. Chip Somodevilla/Getty …
NEW YORK, Jan. 4 (UPI) — The richest people in the world got even richer in 2013, with U.S. software mogul Bill Gates leading the way, the Bloomberg Billionaires Index indicated. The aggregate net worth of the world's top billionaires was $3.7 …
How long were the rich going to remain silent and let the Pope Francis attack capitalism and consumerism? Not long. Billionaire feathers have been ruffled and they are making it known. Kenneth Langone, a self-made billionaire with a net worth of $2.1 B …