Category : Deflation
Deutsche Bank plans job cuts in the United States
There is no need for Russian and Chinese businesses to pay each other in dollars and euros, when they can settle in rubles and yuan, according to Zhou Liqun, chairman of the Union of Chinese Entrepreneurs in Russia.
By all metrics, inflation is heating up. But it’s not clear the same can said for underlying economic activity.
The global economy is still on an upswing, but the good times may not last beyond the next year or two.
Retail investors and the financial press only recently started to worry about bear markets after stocks have already experienced a substantial decline.
The Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce the amount of capital they must hold as a cushion against a future economic shock.
Russian currency and stocks on the Moscow Exchange dropped significantly on Monday after Washington expanded the sanctions list against Russian businessmen and companies.
Jim Rickards expresses his opinion about the evolution of the trade war between China and the USA.
The Prices Paid Index has just increased for its fourth consecutive month to 78.1 ; its highest level since April 2011.
Price for gold bullion will soar to the highest level in nearly half a decade if global trade tensions escalate, says the head of Sprott US Holdings Rick Rule, a long-time resource securities investor.