The Sunday Times reported that by saying she’s willing to quit the European Union’s single market for goods and services to regain control of Britain’s borders and laws, U.K. Prime Minister Theresa May will this week signal plans for a… Read More ›
Economy & Finance
Davos Elite Bets on Climate Change Ignoring Trump’s Skepticism,
The captains of business and finance gathered in Davos this week will spend a lot of time talking about climate change — and how to make money from it, despite the change of political weather in Washington. Donald Trump has… Read More ›
Robusta Beans Lead to Supply Shortage in World Coffee Market
Even as the output of robusta, the lower quality bean, sliding to a level not seen since 2012, analysts and experts predict that the supply shortage in the world’s coffee market is forecast to continue for a third consecutive year…. Read More ›
Proposal for ‘Container Pods’ for Staff Accommodation by WEF Forced by Swelling Davos Crowds
As a solution to the growing accommodation crunch, the organizers of the World Economic Forum are being forced to consider housing some staff in temporary ‘container pods’ due to the rising crowds descending on the event’s annual summit in Davos… Read More ›
Under OPEC Quota, Saudi Oil Output Drops Close to Two-Year Low
Saudi Arabia will consider renewing its pledge to cut crude output in six months, and its Energy Minister Khalid Al-Falih said that the kingdom has reduced oil production to less than 10 million barrels a day, below its targeted level. Currently,… Read More ›
France’s Macron says Euro May Not Exist in 10 Years
French presidential candidate Emmanuel Macron has said that if Paris and Berlin fail to bolster the single currency union, the euro may not exist in 10 years’ time. However at the expense of weaker member states, the current system benefited Germany,… Read More ›
In the Euro Zone, there’s One ‘Real Success Story’
There is one nation in Europe that is showing signs of life amid a gloomy environment and uncertain political environment across Europe and with issues like Greece’s debt troubles and Italy’s banking crisis. Economists have point out to the media… Read More ›
TheCityUK pushes for partial access to EU’s single bloc market
EU leaders have repeatedly warned that the four freedoms of the 28 member nation bloc, Freedom of people, of goods, of services and capital, cannot be cherry picked. In a significant development, Britain’s famed finance industry has given up its… Read More ›
To Rebuild Lost Trust in Italian Banks, Rescued Banks Propose Deal
As to Italian banks try to raise billions of dollars to cover bad loans , they have proposed a deal to settle shareholder lawsuits. Even as the deal could dent confidence even further, it is the latest episode in Italy’s… Read More ›
Blockchain Could Get Pushed into real world in 2017 by Anti-Establishment Wave
Blockchain – the technology that gave birth to the renegade digital currency bitcoin – could be pushed out of cyberspace and into the real world in 2017 by the wave of anti-establishment sentiment sweeping the Western world. some big backers… Read More ›
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