Tags » Financial Crisis

Big Companies

Big Companies

They are almost all from the tech sector

Source: PWC
According to a recent study done by Price Waterhouse Coopers, the global market capitalization of the top 100 companies has increased by nearly $11.5 trillion in the last 9 years since the financial crisis. 307 more words

Italian banks in trouble and the use of trade credit

A new week so time to figure finance further out!

Tuesday, November 13 could be considered as D-day for Italy. Why? This was the deadline to resubmit the budget plan after it was refused by the EU due to violations of the EU fiscal rules. 575 more words

Financial Crisis

Now They're All Saying "It's Time to Write Chapter 14 into Law"

Yesterday the Senate Judiciary Committee held an important hearing entitled “Big Bank Bankruptcy: 10 Years After Lehman Brothers.” Originally scheduled for October, but postponed because of the debate over the Kavanaugh confirmation, the hearing concentrated on legislation that would create a new “Chapter 14” of the bankruptcy code under which large financial institutions could go into bankruptcy without spreading the crisis to the rest of the financial system. 243 more words

Regulatory Policy

Japan's economy has a $5 trillion problem

An epic bond-buying spree by Japan’s central bank means it’s now sitting on assets worth more than the country’s entire economy.

Data released by the Bank of Japan on Tuesday show that its total holdings stand at 553.6 trillion yen ($4.9 trillion) following years of money printing aimed at jump starting the country’s stagnant economy. 116 more words

News

Haiti: orders a freeze on bank accounts, including Dominicans

Port-au-Prince prosecutor, Clamé Ocnam Dameus on Mon. ordered the freezing of the bank accounts of 36 companies linked to the alleged network of corruption detected in Venezuela’s Petrocaribe program. 97 more words

News

Why The Technocrats Can't Save Us | Scottish Review Of Books | November 2018

In the years leading up to the 2008 financial crash, an influential subsection of the American political class became convinced that a major economic crisis was on its ways. 1,716 more words

Review

The "Nightmare Scenario" For Beijing: 50 Million Chinese Apartments Are Empty

Back in 2017, we explained why the “fate of the world economy is in the hands of China’s housing bubble.” The answer was simple: for the Chinese population, and growing middle class, to keep spending vibrant and borrowing elevated, it had to feel comfortable and confident that its wealth would keep rising. 126 more words

News