Week in Review: Swiss Franc Uncapped, Us Bank Earnings Weak, Bill Gross on PIMCO
By Alex Plough January 16, 2015
The Swiss National Bank dropped a three-and-half-year policy that capped currency exchange at 1.20 franc per euro; US banks reported fourth quarter profit declines; Trump and Gross settle scores in public.
Week in Review: Russian Ruble Crisis, U.S. Cuba Embargo Ends, Citigroup Sneaks Surprise into Spending Bill
By Alex Plough December 19, 2014
The Russian government was forced to take dramatic measures to stem a dangerous slide in the ruble this week; U.S. president Barack Obama announced normalized relations with Cuba for the first time in 50 years; Congress just managed to pass a spending bill to fund the government through the end of the fiscal year.
Week in Review: Gloomy Global Market Signals, Business of Fusion, The Great Rip-Off
By Alex Plough October 17, 2014
An unnerving drop in a range of global indicators this week rattled confidence in a sustained economic recovery; Lockheed Martin Corp announced a breakthrough in developing a power source based on nuclear fusion; Anti-corruption NGO Global Witness this week launched ‘The Great Rip-Off: anonymous companies and their victims.’