What’s Good For the Commonwealth Bank… Why Australia’s economy is so structurally unsound Where will the next crisis be? Bribes and payoffs By Greg Canavan in Albert Park...
ECB President Mario Draghi has confirmed that the central bank left rates unchanged. Besides that, he commented on the ongoing asset-purchase program, as well as liquidity for Greek banks...
The Bank of Canada (BoC) has cut interest rates further allowing the pound sterling to rocket to its best level since 2008. The Canadian dollar exchange rate complex (CAD) fell sharply after the Bank of Canada announced an interest rate cut of 0.25% on the 15th of July 2015...
Violent clashes broke out while the Greek parliament was voting on wide-reaching reforms that are a condition of a third bailout from creditors. Late Wednesday, the austerity bill that will pave the way for financial aid worth 86 billion euros was approved with 229 votes in the 300-seat chamber...
Apple is in talks with Iranian distributors to start selling its products in the country, The Wall Street Journal reports with reference to people familiar with the matter...
The Prime Minister of Greece, Alexis Tsipras begins with a field for the bailout has sparked a revolt in his own party and struggled to get off the ground as international officials asking new questions about the finances of the State...
Even with interest rates in the EU at record lows, companies have been cautious to finance their future goals with bank loans. After all, we've just overcome a debt crisis. However, that may be changing, says ECB data...
Iran and six major powers have reached a historic nuclear agreement, Reuters reported citing an Iranian diplomat. The news sent oil prices lower...
Jeb Bush caused a stir the other day when he admonished Americans to work more: We have to be a lot more productive … It means that people need to work longer hours and, through their productivity, gain more income for their families...
In all the dire talk about public debt, far too little attention is being paid to public assets. Helping to right that balance is a new book, "The Public Wealth of Nations," by Dag Detter of Whetstone Solutions and Stefan Folster of the Royal Institute of Technology in Stockholm...
A final statement, released hours after night-long negotiations at the Euro Summit, confirmed that the Greek authorities have agreed to introduce tough reforms in exchange for a three-year bailout worth up to 86 billion euros...
Prime Minister Alexis Tsipras was given three days to push new austerity measures through parliament and keep alive Greece’s chances of staying in the euro...
A planned meeting of European Union leaders has been cancelled as crisis talks continue about Greece's place in the single currency zone...
Greece Submitted A Package Of Proposals For A New Reformation The Government of Greece is sending the package of proposals for new economic reforms to lenders the eurozone Thursday (9/7) in an attempt to memberhasilkan the help of longer funds to avoid bankruptcy, and lobbies for an endorsement f...
Ken Moore, head of Citi Innovation: the bank has been looking at distributed ledger technology for “the last few years”...
U.K. Unexpectedly Commits to Meeting NATO Defense-Spend Goal Britain said it will spend a sum equal to 2 percent of gross domestic product on defense through the end of the decade, ending speculation that the new government would fail to meet the funding goal for NATO members...
Ukraine Interest-Payment Freeze Still Possible as Talks Start Ukraine said freezing interest payments on its bonds was still an option as the eastern European country holds direct negotiations with creditors including Franklin Templeton...
Torn between demands to banish the Confederate flag as a symbol of racial hatred and a desire by some lawmakers to let their states’ Confederate Memorial Day ceremonies go on unchanged, U.S. House leaders punted on the issue for now...
How a Greek Business Owner Survives the Economic Meltdown Starting a fashion line in Athens just as the debt crisis hit took courage. Keeping it alive will take determination...
