Calling on the IMF for help
Two reasons may push a developing country to call on the International Monetary Fund (IMF) for help. One is a governmental choice to get technical benefits from the extensive experience of the IMF. The other is done out of the…
Is A Stimulus Coming For European Banks?
In what were meant to be calming remarks, European Central Bank President Mario Draghi said Monday “we will not hesitate to act” to ensure policies reach the turbulent financial market. The comments come as European banks saw a sharp decline…
Will China Follow Japan Into Economic Stagnation?
The men who oversee China’s economy are a prideful lot. Smart and competent, the products of their country’s most elite institutions and, in some cases, elite Western schools as well, they have overseen a growth miracle for more than three…
Doyle McManus: Trump and Sanders are the logical result of government that doesn’t deliver
For most of a year now, pundits (including me) have been surprised by the rise of Donald Trump and Bernie Sanders, the populist outsiders in the presidential campaign. We shouldn’t have been. The ingredients for a voter rebellion were in…
Ethereum Alternative Lisk Announces ICO With ShapeShift – New Open Source Dapp & Sidechain Platform
Bitcoin Press Release: Decentralized applications and sidechain platform Lisk is pleased to announce a partnership with the well established crypto-currency exchange ShapeShift to host their ICO. Set to launch at the end of March 2016, decentralized applications and sidechain platform…
Blockchain Based Dapps Expanse™ Project [EXP] Soars to New Heights in Community Growth, Utility and Volume
Bitcoin Press Release: Expanse volume hit a record high of more than $2.7 Million trading on Poloniex on 2/11/16. The Expanse blockchain enables a stable, borderless technology future featuring a flexible DAO, powerful dApp tools and community collaboration. The 2016…
U.S.$200 Million Halliburton Bribe Fines Paid Directly Into CBN – Lawyers
The over $200 million fines paid by five multinational firms which were implicated in the Halliburton bribery scandal, were paid directly into the Central Bank of Nigeria and not into the accounts of the Nigerian lawyers, who prosecuted the case….
Corruption is Stalling Ukraine’s Optimistic Revolution
Last December, anonymous billboards appeared in Kiev with the message “Run, Rabbit, Run”, to tell the youthful but bald Prime Minister Arseny Yatseniuk, who some say resembles a rabbit, that his time was up. U.S. Vice President Joe Biden was…
Global stock swings not caused by China factors: analysts
People are reflected in a display showing market indices outside a brokerage in Tokyo, Japan, February 10, 2016. Asian stocks fell on Wednesday on growing concerns about the health of the world’s banks, particularly in Europe, pushing investors into safer…
Economic Collapse: Insider Says Conditions are Worse Than 2008
Powered by Max Banner Ads Economic Collapse: Insider Says Conditions are Worse Than 2008 A global economic collapse might be on the horizon as AP Moeller Maersk A/S (CPH:MAERSK-B), owner of the world’s largest container shipping company, is powerfully ringing…