Matt Taibbi brings you a story of JP Morgan Chase and a witness who, he says, cost the bank $9 billion. They were willing to pay that much just to keep Alayne ...
The Ruble has crashed to 46 to a dollar. The currency has fallen from 32.6 in Jan 2014 to lose more than 40% in 10 months. Russia increased interest rates by ...
We’re a little more than midway into the Financial Year 2014-2015: perfect time for a comparative analysis of the performance of the new government. How bad ...
The US Fed finally ended their quantitative easing (QE) program yesterday. The program consisted of the federal reserve printing money to buy a truckload of US ...
The trade deficit for Jun 2014 was at $11.7 billion, the most in 11 months (since Jul 2013). Imports at $38.2 billion were lower than the May number of $39.2 ...
We’ve been crying hoarse for the government to not be in business, that it needs to “divest” its holding in public sector enterprises. Why aren’t we ...
The government continues to buy food and stuff its buffers but things seem to have come under some layer of control now. The Food Corporation of India (FC() ...
Raghuram Rajan will be furious. One more insane monetary policy and he’ll have to bear the consequences. Mario Draghi at the ECB today announced an ...
India’s trade data for April 2014 shows a continuing low trade deficit. With Exports at $25.6 billion (+5.3%) and imports at $35.7 billion (-15%) the trade ...
MOSPI has come out with two announcements recently. First, they revised earlier year GDP figures. 2011-12 GDP real growth was revised the second time, this ...
