OECD: Slowdown Will Hit All Major Economies
The OECD is predicting a global slowdown. No major economy is exempt. Now that shouldn’t come as a surprise to anybody.
Tags: Andrew Gordon, Brazil, European Union, G20, Greece, growth, Insider Fortunes, Mario Draghi, OECD
Former UK PM Gordon Brown: “The banks in Europe are fragile and under-capitalized.”
Ex-PM Brown says that 75% of the IMF’s funds are now being pumped into rescuing Europe! There’s just not enough money to rescue Europe…
Miners Expand at Furious Pace While Global Economy Slows
Where financial ministers and bankers see serious economic problems, miners see great opportunities. So, here’s my question: Can they both be right?
UK: EM Growth Slowing Down
The emerging markets have given investors a great return over the past few years. But all good things must come to an end. So it’s time to ask, are they still worth your investment dollar? The Financial Times says you ought to be careful. I agree. A lot of developing countries are
China:US & Brazil Face Challenges
China’s official press dutifully reported on the high-level meeting between the US Treasury Secretary and Brazil’s President. And, wouldn’t you know it, there was no mention of China being the unnamed subject…
In Currency War Whose Side Is Brazil On?
China is pissing off a lot of countries these days with its cheap currency, including Brazil. Can a toothless global consensus quicken China’s Yuan-strengthening pace? I doubt it…
CEOs Like What They See…Finally
For better or worse, what CEOs think matters. And the CEOs of big companies from around the world are becoming increasingly confident that business will grow. To paraphrase a line from “When Sally Met Harry,” whatever they’re smoking, I want.
More Oil Discovered Off Brazil’s Coast
It was a couple of years ago when I first heard that Brazil’s Tupi fields contained up to 8 billion barrels of oil. I didn’t believe it. But when I did my homework, I changed my mind…
