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Crypto Collapse Could Result in Global Financial Crisis, Claims Bank of England Executive
The deputy governor of the Bank of England, Jon Cunliffe, has called for regulators to urgently set standard rules for cryptocurrency markets. He made a direct comparison between the growing popularity in cryptocurrency and the US market boom in sub-market mortgages, which gravely intensified the global economic crisis of 2008.
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Workers: The Poor Orphans of the US Economic Boom
It is one of the contradictions of the US economic boom: the unemployment rate has fallen to the lowest level in six years, but workers' wages have remained almost flat.
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IEA Sees No Quick Rebound in Oil Prices
The oil market has entered a new era with lower Chinese economic growth and booming US shale output, making a return soon to high prices unlikely, the West's energy watchdog said on Friday.
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India, China growth among reasons for increasing oil prices: US
The economic boom in countries like India and China and unrest in other parts of the globe are some of the important factors responsible for increase in oil prices, the White House has claimed.
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With India, China leading, Asia set to match US, Europe
With India and China leading, Asia's economy will be as large as that of the US and Europe, accounting for more than a third of global output in the next five years, the International Monetary Fund (IMF) projects."China and India are leading the way, but the phenomenon is by no means limited to these two countries," writes Anoop Singh, the IMF dire...
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Crypto Collapse Could Result in Global Financial Crisis, Claims Bank of England Executive
The deputy governor of the Bank of England, Jon Cunliffe, has called for regulators to urgently set standard rules for cryptocurrency markets. He made a direct comparison between the growing popularity in cryptocurrency and the US market boom in sub-market mortgages, which gravely intensified the global economic crisis of 2008.
-
Workers: The Poor Orphans of the US Economic Boom
It is one of the contradictions of the US economic boom: the unemployment rate has fallen to the lowest level in six years, but workers' wages have remained almost flat.
-
IEA Sees No Quick Rebound in Oil Prices
The oil market has entered a new era with lower Chinese economic growth and booming US shale output, making a return soon to high prices unlikely, the West's energy watchdog said on Friday.
-
India, China growth among reasons for increasing oil prices: US
The economic boom in countries like India and China and unrest in other parts of the globe are some of the important factors responsible for increase in oil prices, the White House has claimed.
-
With India, China leading, Asia set to match US, Europe
With India and China leading, Asia's economy will be as large as that of the US and Europe, accounting for more than a third of global output in the next five years, the International Monetary Fund (IMF) projects."China and India are leading the way, but the phenomenon is by no means limited to these two countries," writes Anoop Singh, the IMF dire...
