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 ›
Economy & Finance
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 ›
British consumers capitalize on holidays shopping discounts boost consumer spending to 11 year high
Defying downturn predictions following Britain’s shock Brexit referendum the British economy has surged forward. However in the long run, the price of the sterling and its ability to negotiate access to EU’s single market will determine the country’s economic future…. Read More ›
Bitcoins have registered a growth of 125% in 2016
Traded heavily in China, the cryptocurrency is used to go around capital control norms placed by China’s ruling bosses. In a significant development, bitcoin has jumped above $1,000 for the first time in 3 years. It has outperformed all currencies… Read More ›
Swiss favours closer ties to EU over immigration curbs: survey
Access to EU’s single market is key especially since Swiss products have a sizeable market presence. According to a survey, Swiss voters prefer closer ties to the EU and its single market than adopt immigration curbs that could jeopardise these… Read More ›
As Cash Crunch Hits Indian Stone Cutting, Global Diamond Business Roiled
As a direct fall out of the Indian Prime Minister Narendra Modi’s radical move to abolish most of the nation’s cash overnight, the global diamond industry is facing disruption that could stretch through the first few months of next year,… Read More ›
10 Other EU Banks would be Tripped up by ECB’s Monte Paschi Capital Bar
The potential objections to the plan of European Central Bank’s capital demands on Banca Mote deiPaschi di Siena SpA based on stress-test results, were highlighted in reports that Deutsche Bank AG, UniCredit SpA and eight other European Union banks would fall… Read More ›
Investors Worried About Trade Wars and Trump Tweets is Lured to Gold
A new age for gold as an investor safe haven is being made by the Donald J. Trump era. A bevy of political and economic surprises in 2016 sparked a surge in buying that sent bullion to the first annual… Read More ›