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Russia forecasts economic slump as bailed-out bank gets more funds

YoopyaDecember 26, 2014July 6, 2023

by YoopyaDecember 26, 2014July 6, 2023031

(Reuters) – Slumping oil prices have put Russia’s economy on course for a sharp recession next year, its finance minister said on Friday, as authorities...

Asia Business Economy

Asia stocks, dollar up as robust U.S. GDP lifts holiday mood

YoopyaDecember 24, 2014July 6, 2023

by YoopyaDecember 24, 2014July 6, 202305

(Reuters) – Asian stocks gained and the dollar stood tall on Wednesday thanks to surprisingly robust U.S. economic growth, helping investors head into the Christmas...

Business Economy

Russian ruble suffers steepest drop in 16 years

YoopyaDecember 16, 2014July 14, 2023

by YoopyaDecember 16, 2014July 14, 202304

(Reuters) – The ruble plunged more than 10 percent for the second day on Tuesday and recorded its worst fall since the Russian financial crisis...

Business Finance

New York Magazine’s $72 million teenage stock trader says he made it all up

YoopyaDecember 16, 2014June 15, 2023

by YoopyaDecember 16, 2014June 15, 2023014

Sixteen-year-old Mohammed Islam wants you to think he’s a big shot. On his Web site, Ettaz Financial, he wears a pair of fogged-over glasses, expression...

Africa Business World

South Africa still in gradual policy tightening cycle – cbank’s Kganyago

YoopyaDecember 6, 2014July 12, 2023

by YoopyaDecember 6, 2014July 12, 202301

JOHANNESBURG (Reuters) – Falling oil prices and benign food prices have served to improve South Africa’s inflation outlook, but the central bank remains in a...

Business Economy Us

National debt exceeds $18T, sparking renewed criticism of spending under Obama

YoopyaDecember 4, 2014July 6, 2023

by YoopyaDecember 4, 2014July 6, 202307

The national debt has passed the $18 trillion mark, sparking renewed criticism Tuesday from Republicans and other fiscal conservatives over the soaring trajectory of government...

Business

Why Some Luxury Watch Makers Coat Gold Or Platinum In All Black

YoopyaNovember 28, 2014July 6, 2023

by YoopyaNovember 28, 2014July 6, 202305

It may surprise you (or perhaps not) that in the luxury watch industry, there are products produced entirely in precious metals such as gold or platinum...

Business Economy

Citi Chief Economist: Bitcoin is Closest Commodity to Gold

YoopyaNovember 28, 2014July 6, 2023

by YoopyaNovember 28, 2014July 6, 202300

Gold is a commodity like bitcoin and other cryptocurrencies, Citi’s chief economist argues in a research note published yesterday, ahead of a Swiss vote that could cause...

Business Economy Europe

French Political Leader Wants Gold Back In France

YoopyaNovember 28, 2014July 6, 2023

by YoopyaNovember 28, 2014July 6, 202301

(Kitco News) – France could be next on the list of countries that wants to take its gold back, if the leader of a far-right...

Business Economy

Germany Relies on Consumers for Growth as Investment Declines

YoopyaNovember 25, 2014July 15, 2023

by YoopyaNovember 25, 2014July 15, 202301

Germany relied on domestic consumers for economic growth last quarter as investment fell, putting the strength of the nation’s recovery at risk. Gross domestic product...