Nobel Laureate in Economics Joseph Stiglitz, Hamid Rashid: What’s Holding Back the World Economy?
Seven years after the global financial crisis erupted in 2008, the world economy continued to stumble in 2015. According to the United Nations’ report World Economic Situation and Prospects 2016, the average More...
Yacht Industry Casualty of Falling Ruble
There are many in Russia who are struggling to make ends meet or even to put food on the table as the ruble falls to rubble. Few of them even take time to consider the difficulties faced by those in the yacht More...
President of the International Crisis Group, Jean-Marie Guéhenno: Fanatics, Charlatans, and Economists
Throughout the world, it seems, crisis is gripping national politics. In election after election, voter turnout has hit historic lows. Politicians are universally reviled. Mainstream parties, desperate More...
Russian economy suffers first contraction since global crisis
– Russia’s economy shrank sharply in November and the rouble resumed its slide on Monday as Western sanctions and a slump in oil prices combined to inflict the first contraction in GDP since the More...
The UK Israel Tech Hub Taking Applications for TeXchange 2015
The UK Israel Tech Hub has launched its TeXchange 2015, which gives Israeli Fintech (financial related technologies) startups an opportunity to break into global markets through Europe’s biggest financial More...
Putin Remains Defiant as Oil Dips to $55 a Barrel
Global crude oil prices slumped anew on December 18, a day after a short-covering rally, as traders placed fresh bets the market would resume a six-month rout on worries about a supply glut, Reuters More...
Sudden swings expose fragility of financial markets: BIS
– Sudden swings in financial markets recently suggest they are becoming increasingly sensitive to unexpected events, the global organization of central banks said on Sunday, warning “more than More...
Yellen says Fed must focus on globalization
– Federal Reserve Chair Janet Yellen says the growing globalization of financial markets requires the Federal Reserve to understand how economic developments in other nations may affect the U.S. More...
Lipa Lieberman to Sell NY FiDi Office Building for $140 Million
Lipa Lieberman of eastern Consolidated will be handling the $140 million sale of a Manhattan office building belonging to the Brooklyn based Weiss Family, according to a report in The Real Deal. The 20 story More...
Blender launches peer-to-peer lending in Israel
– The Aviv family and Giora Ofer today officially launched Blender – an online lending platform. – One of the growth areas in the global financial sector is peer-to-peer lending – More...