The U.S. Court Allowed Argentina to Sell Bonds in Global Market
The U.S. Court of Appeals on Wednesday cleared Argentina to sell $15 billion bonds in the market. The country expects to issue the bonds within this week.
Government
Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report
Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.
Europe Trusts Chinese Supply Chains and Won't Follow US Tariff Hikes
Chinese companies are optimistic about global trade, posing challenges to complete separation, especially as European firms, notably Germany, Spain, and France, express confidence in expanding their p..
Slovak Media Fears Government Crackdown After PM Assassination Attempt
Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS...
California Offers $400 to Drivers Willing to Test Proposed Gas Tax Alternative — Here's What You Should Know
California is offering money to drivers interested in participating in a pilot program to test an alternative to the gas tax. Here's what you need to know...
IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes
The IMF is urging the US to maintain its open trade system instead of ...
US Blocks Imports From 26 More Chinese Companies Tied to Uyghur Forced Labor
The US has announced it blocked imports from 26 Chinese cotton traders...
Latest News
San Fransisco and Dallas Fed President Expected to See Interest Rate Hike Soon
Two other Fed presidents suggested the US central bank to raise interest rate. San Fransisco's John Williams said two or three rate hike in 2016 is reasonable. While Dallas' Rob Kaplan reminded to be
Two Fed Presidents Supported Rate Hike in the March's Meeting
Richmond and Kansas City Fed President supported to raise the interest rate during the meeting last March. While Philadelphia Fed President on Tuesday reitereated the hike delay is a prudent decision.
Italian Banks Face a Bailout Following a Surmounting Bad Loans
Italy faces a €4.95 billion ($5.65 billion) bailout after bad loans in its banks accumulated to an alarming rate.
The bank shares have lost close to half of its value in the last 12 months.
Wells Fargo Settled $1.2 Billion Over Bad Housing Loans Secrecy
As settlement for hiding bad loans and house desolation, Wells Fargo will pay $1.2 billion. The bank lender admitted of cheating the government by insuring thousands of risky mortgages although they
Major Oil Companies Fund Nigeria's $200 Million Fuel Imports
Nigeria is suffering from fuel shortages as well as lack of hard currency. Four major oil companies agreed to finance the country’s $200 million fuel import along with the lack of the dollars to susta
Draft of EU Anti-Tax Evasion Law is Under Pressure after Panama Leaks
Advocacy groups heavily criticized the draft as it allows company to hide their activities. Meanwhile, Iceland Prime Minister has resigned following protest over Panama leaks.
DiCaprio Not Banned From Indonesia, to Establish Mega-Fauna Sanctuary
Leonardo DiCaprio can still visit Indonesia and will not be barred as an Indonesian minister appreciates his effort about the plight of the animals and how to help them and looks forward on working wi
Saudi to Sell Bonds After Tapping on Foreign Debts
The Kingdom of Saudi Arabia is poised to sell bonds after it has secured syndicated loans. The government is already in talks with the banks and will host Euromoney Saudi Arabia Conference on May 3 t
Prime Minister Cameron Denied Brexit Has Divided His Cabinet
Cameron accused journalists are getting over excited to hunt news on political rift. While five of his cabinet members are opposing him, and one had resigned.
