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The ruble's in a slump. For the Kremlin, that's a two-edged sword
Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under ...
tbsnews57m
BB’s chummy rules for big borrowers made defaulting easy, creating major banking turmoil
Interim govt strengthens loan classification rule in line with int’l best practices, bringing back 2012 circular ...
European Central Bank chief’s interview points to shock of trade war threat
Lagarde said the strategy of the European Union to the Trump tariff threat should be negotiation not retaliation, but whether ...
BOJ's Ueda says rate hike timing 'approaching', Nikkei reports
Bank of Japan Governor Kazuo Ueda said the timing of the next interest rate hike was "approaching" as the economy was moving ...
S&P 500 Clocks Best Month of the Year; Yields Drop: Markets Wrap
US stocks ended a shortened trading session higher while Treasury yields declined across the curve. Speculation that ...
Mises Institute7h
Bankers, Fed Origins, and World War I
The First World War was critical to boosting the influence of that child of progressivism and Wall Street corporatism: the ...
Lula Names Three Brazil Central Bank Directors as Key Rate Rises
Brazil President Luiz Inacio Lula da Silva nominated three new central bank board members on Friday as investors pressure for ...
Crude Oil Prices9h
Libya Sets New Oil Production Record
Libya’s National Oil Corporation (NOC) said it has hit a new production high, pumping 1,386,030 barrels of crude oil and ...
TASS10h
Debt burden of Russian stands at 11% of total households income — Central Bank
"This is a comfortable level, so we do not see any risks at large," Deputy Governor of the Bank of Russia Philipp Gabuniya said ...
BOJ’s Ueda Tells Nikkei Wage Trends Will Drive Policy Moves
Bank of Japan Governor Kazuo Ueda said interest-rate hikes are “nearing” as inflation and economic trends develop in line ...
Wall Street weekly outlook: Jobs data set to pave way for rates path, stocks
Stocks are heading into December with the benchmark S&P 500 near record highs following an over 25% year-to-date gain.
The ruble is down, the price of potatoes is up. But is Russia's economy really in trouble?
The lead story on the front page of Tuesday's edition of Moskovskij Komsomolets, a major state-run newspaper in Moscow, is the uproar over the rising price of potatoes.One lawmaker is calling on the ...