Category : Deflation
Russian bank helps Venezuela defy US sanctions on cryptocurrency
The world’s first state-backed digital currency ‘el petro’ launched by Venezuela this year to circumvent US sanctions is reportedly getting help from a Russian bank.
IMF's Lagarde Warns Rising Protectionism May Slow Global Growth
IMF Managing Director Christine Lagarde warned that a surge in trade protectionism could sap the momentum of the global economic upswing.
Iran's Gold Demand Set for Spurt Before Trump Sanctions Bite
After 2012 sanctions, Iran gold demand crashed 65% in 3 years
The Fed Has Robbed the Future
BRIAN MAHER's opinion on FED decisions.
Russia-China trade gets another significant boost
Trade turnover between Russia and China grew by 31 percent in the first three months of the year compared to the same period in 2017, according to the Russian customs data.
Deutsche Bank likely to axe 1,000 US investment bank jobs
Deutsche Bank plans job cuts in the United States
China urges ditching dollar & euro trade with Russia in favor of national currencies
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.
Markets Better Prepare for Stagflation
By all metrics, inflation is heating up. But it’s not clear the same can said for underlying economic activity.
IMF says global economy will slow after 2019
The global economy is still on an upswing, but the good times may not last beyond the next year or two.
Bear Markets Can Steal 50% Of Your Gains
Retail investors and the financial press only recently started to worry about bear markets after stocks have already experienced a substantial decline.