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Thursday, May 16, 2019
With the trade war between the US and China re-escalating once more, investors are again casting frightened glances at declining global trade volumes, which as Bloomberg writes today, "threaten to upend the global economy’s much-anticipated rebound and could even throw...
Wednesday, April 17, 2019
The recent collapse in world trade volume is the worst since the financial crisis and as dangerous as during the dot-com bubble of the early 2000s, according to The Telegraph.
Data from the CPB Netherlands Bureau for Economic Policy Analysis revealed that world trade...
Monday, February 11, 2019
Italy's populist de facto leader Matteo Salvini seems set on shaking Europe's financial establishment to the core.
One day after the Italian deputy prime minister and leader of the League party, called for the elimination of Italy's central bank and the country's fina...
Sunday, November 18, 2018
Pretty soon Baltic banks might find themselves effectively cut off from the global dollar system, regardless of how stringent their money laundering controls or how spotless their compliance records.
Even banks with no exposure or involvement to Danske Bank's Estonia...
Saturday, September 15, 2018
At the peak of the Turkish currency crisis in mid-August, in addition to general concerns about the state of the local economy, one sector got hit especially hard: Turkish banks, which saw their bonds plunge amid growing concerns that the currency slump would makes it...
Saturday, August 25, 2018
Highly-compensated 'bridge loans' for illiquid Nigerian princes are so 21st century.
The new-new thing in scams is exploding debit cards...
As the letter below shows, the scammer are targeting Barclays customers, claiming that and "URGENT safety recall" has been issued f...
Friday, April 20, 2018
Authored by Gareth Jenkinson via CoinTelegraph.com
Cryptocurrencies have revolutionized the way the world looks at transactions - but they’ve also facilitated some monumental scams over the past nine years.
Image courtesy of CoinTelegraph
The success of Bitcoin and a n...
Sunday, March 25, 2018
With the IMF projecting an inflation rate of 13,000% next year, Venezuelans are abandoning the bolivar in droves as prices for necessities like bread and meat double every month.
After we reported back in December that a socialist collective in one Caracas neighborhoo...
Wednesday, March 21, 2018