Author Archives

• Warning Against unpicking Bank Rules to U.S. Given by EU Financial Services Chief

  By admin2 on February 11, 2017 • ( 0 )

  

  A top U.S. official has said that if Donald Trump’s administration repeals global rules imposed in the wake of the financial crisis, some U.S. financial institutions could be locked out of the European market. International rules agreed during the 2007-09… Read More ›

• Shipments of Oil-for-Loan Deals with China and Russia from Venezuela Falls Behind Schedule

  By admin2 on February 11, 2017 • ( 0 )

  

  Under oil-for-loan deals with China and Russia, Venezuela’s state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel. New insight into PDVSA’s operational failures and their crippling impact on the country’s unraveling socialist economy is provided… Read More ›

• After PBOC Talks, Withdrawals Halted by China Bitcoin Exchanges

  By admin2 on February 10, 2017 • ( 0 )

  

  Due to perceived pressure from China’s central bank to clamp down on capital outflows, the nation’s three biggest bitcoin exchanges took steps to prevent withdrawals of the cryptocurrency form the country. The major bitcoin exchanges said in separate statements on… Read More ›

• Burden of OPEC Oil Cuts Being Taken by Saudi Arabia

  By admin2 on February 10, 2017 • ( 0 )

  

  Saudi Arabia is overcompensating for some of its fellow oil producers even as OPEC members appear to be complying with agreed production cuts. 10 member states are required to reduce their collective output by 1.2 million barrels per day (bpd)… Read More ›

• Analysts say Markets Almost Ready for any European Crisis

  By admin2 on February 9, 2017 • ( 0 )

  

  As several key elections approach and issues surrounding sovereign debt remain, there are increased concerns over the future of the European Union. Amid market nervousness that Europe could be back in a state of crisis, Italian, French and Greek government… Read More ›

• Carlsberg CEO: Despite Russia’s Ban on Big Bottles, 2016 was a ‘Good Year for Carlsberg’

  By admin2 on February 9, 2017 • ( 0 )

  

  While Carlsberg’s chief executive remains confident on the company’s overall results and future, and as the Danish drinks giant comes to grips with difficult market conditions in Eastern Europe, even as its fourth-quarter sales may have missed expectations. “At the… Read More ›

• Bitcoin Exchanges Reportedly Called for Talks by China Central Bank

  By admin2 on February 8, 2017 • ( 0 )

  

  Heightening concerns that regulators will tighten their oversight of trading in digital currencies, China’s central bank is holding a closed-door meeting with several domestic bitcoin exchanges on Wednesday, sources reportedly familiar with the matter said. The sources have confirmed to several media… Read More ›

• Drinking More Wine Than Ever are Working Women in Japan

  By admin2 on February 8, 2017 • ( 0 )

  

    Grape growers, 10,000 miles away from Japan are cheering by Japan’s swelling ranks of working women. The biggest beneficiary of Japan’s booming wine market is Chilean vintners. Women in their 40s and 50s, who have helped boost wine consumption to… Read More ›

• In a China Trade War, America’s Farmers Stand to Lose the Most

  By admin2 on February 7, 2017 • ( 0 )

  

  American farmers could be the ones who take the biggest hit if the United States and China have a trade war. “A significant part of U.S. exports in China and greater China are agricultural products,” said Brad Setser, a senior fellow… Read More ›

• Survey Shows ‘Singiifcant Increase’ in Global Economic Confidence Led by the U.S

  By admin2 on February 7, 2017 • ( 0 )

  

  According to quarterly survey of 240,000 chief executive officers based in 130 countries, Asian business leaders still expected to increase revenues, hiring and fixed investment, even though for the first time since October 2015, they were less confident about the… Read More ›