Even after a brutal selloff last week, the worst is yet to come for Brazil’s stock market, according to some investors. Efforts to reform Brazil’s pension system, moves aimed at cutting public debt and boosting economic growth could be derailed… Read More ›
Day: May 29, 2017
As Retail Investor Pile In, Global Bitcoin Prices Driven By Japan And South Korea
With the digital currency bitcoin more than doubling its value since the start of the year, Japanese and South Korean buying helped drive the price of bitcoin to an all-time high this week, analysts and market practitioners said. Website outages… Read More ›
British Airways still experiencing disruptions: Heathrow Airport
The airlines has advised passengers to not travel to the airport unless they were rebooked on other flights. On Monday, London’s Heathrow Airport disclosed that some flights of British Airways are still affected by the global computer system failure. British… Read More ›
A bull in a China shop
With the U.S. embracing increased protectionism despite its posturing in the G7 meet, German Chancellor Angela Merkel has voiced the markings on the wall. The executive summary of last week’s G7 and NATO meeting, comes down to just one line,… Read More ›
Korean Peninsula heating up in the wake of missile launches by the North
The economic consequences of a limited skirmish are enormous. In its latest defiance of world pressure, North Korea has fired, at least, one short-ranged ballistic missile on Monday which landed in the sea off its east coast. The Scud-class ballistic… Read More ›