Is Greece Leaving The European Union?
What if Greece left the euro? The difficult negotiations between Athens and its European partners make resurrecting the specter of a ‘Grexit’, an unprecedented scenario with multiple implications for Greece,…
Interest Rates
The European Commission insists on the “involvement” of the IMF and the ECB in Greece
The European Commission (EC) today held that the Eurogroup should take the next day 16 decisions on the future of Greece, while insisting that the ECB and the IMF should…
China authorized to operate a second private bank
Chinese regulators have given the green light to the start of operations of the second private bank, Webank, in the process of reforming the financial sector. The decision of the…
Fitch lowers debt rating of France to AA
The financial rating agency Fitch Ratings on Friday lowered the debt rating of France to ‘AA +’ to ‘AA’ with a stable outlook due to their tax situation. Fitch called…
Russia will enter recession in 2015
Russia will enter into recession in 2015, burdened by economic sanctions imposed by Western countries and falling oil prices to stimulate inflation and contributed to the collapse of the ruble,…
Venezuela is Approaching Hyperinflation Levels
Venezuelans suffer Hourly collapse of its currency, the runaway price increases, which primarily affects families trying to buy food and medicine, about hyperinflation the country with the world’s largest oil…
China Raises Taxes on Oil for the First Time Since 2009
China today pays more taxes on petroleum products, 12% more for gasoline and 17.5% for diesel, after the first rise in these rates since 2009, the official Chinese news agency…
Fast Credit During Christmas: An Alternative Which We Must be Cautious
The arrival of Christmas causes the consumption of Spanish families is triggered and therefore undermine their savings, a situation that leads many of them claiming an “extra money” by fast…
Japan’s Economy Monopolizes The Discussion Before Elections
The economy monopolized the debate between the Japanese political forces two weeks before early elections in Japan, for which the ruling party Shinzo Abe partly as a clear favorite, according…
USA studies an increase on rates sooner than expected
The Federal Reserve (Fed) discussed the possibility of a “faster than expected” monetary stimulus, including raising interest rates if economic improvement in US consolidated output, according to the minutes of…
