Pointers indicate towards a moderate economic growth in the fourth quarter as more households chose to boost savings taking advantage of the rising incomes, resulting a very negligible rise in the U.S. consumer spending in October.   A boost in savings led the mark to reach their highest...

During few weeks on expectations of rate manipulation by Fed and ECB, euro fell against the dollar so much that experts are already talking about a possible currency parities. A month ago, euro was worth $ 1.1. This week, it is less than $ 1.06. The European currency is close beat its own...

One hundred years ago, Amedeo Modigliani painted a portrait of his English mistress, stretched on a red velvet scarf, bare, with rounded hips and half-closed eyes. The artist tried to exhibit the work, but Parisian judges quickly shut the exhibition, where the work was exhibited first, down. Last...

The IMF urged the European banks to clear up the bad loans while acknowledging that important things had been done in Europe, and the euro zone in particular, to shore up the banking sector.   Jose Vinals, the director of the Monetary and Capital Markets Department at the International...

Arrests and investigations in the Chinese financial sector, began after the summer stock market crash, has intensified in recent years. They are creating an atmosphere of fear among financial companies in China and contributing to cooling investment sentiment. Many observers have noted that the...

Almost 16% of the 250 million Indonesians live on $ 1.90 a day or less. 6% of 15 million people in Cambodia has to limit themselves with about the same amount. In both countries, rice is the main crops that provide poor people with more than half of the calories a day. Yet, Cambodians in need have...

The most important thing is certainly people, who became victims of inhuman cruelty. The terrorist attacks, that took place in Paris, stirred up the whole world, which started from a terrible tragedy that claimed 132 people according to the latest figures. Paris is a kind of "Mecca" of world...

UN Secretary urges the world to address the issue of ‘digital divides’ in order to effectuate “Sustainable Development Goals”. The UN’s Secretary-General, Ban Ki-moon believes that in order to meet the targets of the “Sustainable Development Goals” that have been adopted recently, one needs to...

The Parisian tragedy is greatly changing the financial landscape. Unfortunately, the markets are cynical. Even these events are necessary to analyze in terms of cash flow. The Friday events have very badly coincided with the macroeconomic situation in Europe. Just two weeks ago, Head of the...