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It Wasn't Just The NSA: Germany Spied On The White House For Years

One of the profound revelations from the data released by NSA whistleblower Edward Snowden was that in addition to spying on its own citizens, the NSA engaged in aggressive espionage on some of America’s closest allies, most notably Angela Merkel and her Blackberry. 106 more words

Seychelles sees 2017 GDP growth at 4.1 pct: finance minister

Seychelles’ economy is seen growing at 4.1 percent this year from 4.5 percent in 2016, its finance minister said, while the International Monetary Fund said performance of its tourism sector remained vulnerable to external factors. 501 more words

CWIIL Group

Christine Lagarde Press Conference - Indonesia and China - Brexit - Reforms

Hi everyone, if you haven’t read my recent post about the IMF adding the Chinese currency, the Renminbi, to the SDR, please read that article by clicking the link below: … 12 more words

Christine Lagarde

Household Debt Growth YoY Now Equals Federal Public Debt Growth (Thanks To Debt Ceiling On Feds)

Yes, the US public debt is temporarily frozen at the statutory debt limit (with the exception of fiscal shenanigan with public debt held by investors versus intragovernmental lending).   155 more words

Banking

Economic Adjustment In Barbados: Examples From Successful Countries

BRIDGETOWN, Barbados – In his most recent economic letter – Dr. DeLisle Worrell, past Governor of the Central Bank of Barbados – looks at lessons learned from four countries that were hit hard by the 2008 financial crisis, and how they managed to restore growth and maintained high human development throughout the adjustment period. 1,018 more words

Barbados