PIMCO’s Gross cautions against inflation and credit “ocean”
Reuters – 2 hours 8 minutes ago.. .
By Sam Forgione
NEW YORK (Reuters) – Central bank policies will induce growth in developed countries this year but will create inflationary risks down th…
Global economy could endure disaster for a week
Reuters – 5 minutes ago.. .
By Nina Chestney
LONDON (Reuters) – The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week as governments an…
Any bears with solutions?
_____
What happens on the day sovereign defaults are declared? — and how does a small firm that relies on TTs from Europe/USA survive the turbulence?
Scenario: A small $50 million dollar company with business in SE Asia…
If you haven’t heard of him, think of Steve Keen as the Nouriel Roubini of Australia: a vocal economist who pissed people off for predicting the recession before it happened, and is still pissing people off predicting further economic crisis.
In f…
Anglo American Ends Oppenheimers’ De Beers Dynasty
By Jana Marais – Nov 4, 2011 5:32 AM ET
The transaction will increase Anglo’s stake in the world’s leading diamond miner to 85 percent, the London-based company said in a statement today.
Angl…
Euro area growth to slow sharply; debt crisis key: OECD
On Monday October 31, 2011, 6:18 am
PARIS (Reuters) – The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confid…
Wen Says World Must Get ‘House In Order,’ Not Rely on China
September 13, 2011, 11:30 PM EDT
(Updates with comment from Wen in second paragraph.)
Sept. 14 (Bloomberg) — Chinese Premier Wen Jiabao, facing calls to widen support for indebted Europ…
