Giant bank crash scenario practice by US and UK regulators
British and American regulators are going to get together in a war room and imagine what would happen in the two economies if a...
Europe, Japan and China must do more to boost growth, says United States
Treasury Secretary Jacob Lew, on behalf of the US, said China, Japan and Europe were not delivering enough support to boost growth in their...
Russian troops near Ukrainian border ordered to leave by Vladimir Putin
Thousands of Russian troops stationed close to the Ukrainian border have been ordered by President Vladimir Putin to retreat and return to their bases,...
Bank of England had an emergency Scottish independence plan
The Bank of England had a Scottish independence emergency plan that would have been implemented had the Scots voted to separate from the United...
Poloz will not change Canadian economic policies based on the US Fed
Stephen Poloz, Governor of the Bank of Canada, has said that he will be focusing monetary policy on Canadian economic growth, rather than making...
S&P downgrades Finland’s credit rating from AAA to AA+
Standard & Poor’s cut Finland’s credit rating from AAA to AA+, amid concerns of the country’s pace of economic growth.
Finland was one of the...
Pork prices may drop as farms rebound from virus and stocks surge
Last year millions of baby pigs died due to a virus which increased the price of pork. However, high temperatures over the recent summer...
S&P 500 swings drives CBOE Volatility Index spike
The CBOE Volatility Index peaked to over 20 for the first time since early February. Volatile action in US stocks is a sign of...
Weak global growth could postpone Fed interest rate hike
Reports of weak global growth could slow the pace at which the Federal Reserve increases interest rates, according to Fed Vice Chairman, Stanley Fischer.
At...
IMF revises down GDP growth for emerging Europe
The International Monetary Fund (IMF) has revised down its growth forecasts for emerging Europe to 1.2% for 2014, due to the Ukraine-Russia tensions. The...