Tags » UK & Europe

Real-time payments could hurt banks

Ruth Liew:

….the Reserve Bank of Australia pushes Australian banks to create the New Payments Platform, a new piece of open-source infrastructure being built that will move the payments system to real time.

126 more words
US & Canada

Private health insurance fails to deliver

From Leith van Onselen at Macrobusiness:

The high financial overhead of private insurance in Australia means that only 84 cents in every dollar collected by private insurers is returned as benefits, with the rest going to administrative costs and corporate profits.

511 more words
US & Canada

Fedex warns of slowing economy

Bellwether transport stock Fedex, in a primary down-trend, warns of slowing economic activity in the US. The 6-month Twiggs Momentum peak below zero flags a strong down-trend. 38 more words

US & Canada

Gold muted as Dollar slides

I would have expected a gold rally in response to the falling Dollar but the response is so far muted.

The Euro leapt 3.08% last Thursday, December 3rd, in response to a weaker-than-expected stimulus package from the European Central Bank. 172 more words

US & Canada

Hilary Benn's moving speech on Syria

Hilary Benn, Labour’s shadow foreign secretary’s speech in support of air strikes in Syria reduced MPs to tears and drew applause from members on all sides of the House of Commons.

UK & Europe

Putin’s Crimean gamble: Russia, Ukraine, and the new Cold War

http://7515766d70db9af98b83-7a8dffca7ab41e0acde077bdb93c9343.r43.cf1.rackcdn.com/151026_PutinsGamble.mp3

From the Brookings Institute:

Since the time of Catherine the Great, Crimea has been a global tinderbox. Most recently, the world was stunned when the forces of Russian President Vladimir Putin invaded and seized Crimea in March 2014.

163 more words
US & Canada

Containment 2.0 [podcast]

Always interesting to listen to James Sherr of Chatham House discuss global geo-politics.

http://www.rferl.org/audio/27310324.html

Can the West contain a Russia that is determined to upend the international order — but which at the same time is deeply integrated into the global economy?

73 more words
US & Canada