18 July, 2015 by The TZ Newswire Staff Comments Off on Greek banks to re-open Monday but capital controls remain
Greek banks to re-open Monday but capital controls remain
The Greek government ordered banks to open on Monday, 3 weeks after they were closed to prevent the system collapsing under mass withdrawals.
18 July, 2015 by The TZ Newswire Staff Comments Off on Manage, meddle or magnify? China’s corporate debt threat
Manage, meddle or magnify? China’s corporate debt threat
Beijing may have averted a crisis in its stock markets, but the world’s biggest corporate debt pile is a much greater threat to its slowing economy.
18 July, 2015 by The TZ Newswire Staff Comments Off on Google Warps Nasdaq 100 and S&P 500 Indexes
Google Warps Nasdaq 100 and S&P 500 Indexes
Friday was a big day for Google (GOOG and GOOGL) with both the class “A” and class “C” stock up over +16% on earnings news. Actually, so far July has been a big month with GOOGL and GOOG being up about +30% since the July 7 low.
18 July, 2015 by The TZ Newswire Staff Comments Off on Google Leads the Internet Higher
Google Leads the Internet Higher
(Note: This article was originally published Thursday afternoon.)
18 July, 2015 by The TZ Newswire Staff Comments Off on Historic Iran Nuke Deal Resets Eurasia’s "Great Game"
Historic Iran Nuke Deal Resets Eurasia’s "Great Game"
Originally authored by Pepe Escobar, via Asia Times,
This is it. It is indeed historic. And diplomacy eventually wins. In terms of the New Great Game in Eurasia, and the ongoing tectonic shifts reorganizing Eurasia, this is huge: Iran — supported by Russia and China — has finally, successfully, called the long, winding 12-year-long Atlanticist bluff on its “nuclear weapons.”
18 July, 2015 by The TZ Newswire Staff Comments Off on Manage, meddle or magnify? China’s corporate debt threat
Manage, meddle or magnify? China’s corporate debt threat
Beijing may have averted a crisis in its stock markets with heavy-handed intervention, but the world’s biggest corporate debt pile – $16.1 trillion and rising – is a much greater threat to its slowing economy and will not be so easily managed. Corporate China’s debts, at 160 percent of GDP, are twice that of the United States, having sharply deteriorated in the past five years, a Thomson Reuters study of over 1,400 companies shows.
18 July, 2015 by The TZ Newswire Staff Comments Off on China Stock Rout "Rocks" Property Market: "Massive" Cancellations Expected
China Stock Rout "Rocks" Property Market: "Massive" Cancellations Expected
To be sure, we’ve had our fair share of laughs at the expense of China’s newly-minted day traders.