The New Silk Road vision announced by China, even if half successful, would usher in a tectonic shift rocking the economic, geopolitical and monetary status quo, and will be the single most significant geopolitical development since the fall of the Soviet Union.
Faced with mounting losses in their bond portfolios and massive redemption requests, mutual and hedge funds begin suspension of any and all redemption requests. The next phase of the junk bond crisis has begun.
The recently released EIA global crude oil data gives a different perspective on the consumption side of the equation and serves as a good proxy for the relative state of the world economic regions.
This Strong Town article draws an identical analogy between a natural watershed and our road system. The same principle of flood control applies to both.
The trouble faced by not only shale oil companies but also Big Oil can be summarized in one chart from a recent BP presentation.
The first and necessary step towards a rational re-thinking of our transportation priorities involves the dispelling of the long held and common myth that drivers pay for the full cost of the roads they drive on.
To date, 26 bankers in Iceland have been sentenced to prison for a combined 74 years among them, for their roles in the 2008 economic collapse.
The flash crashes of some of the largest blue chip tracking ETFs on Aug 25 should serve as a warning of what’s to come for their smaller and illiquid high yield brethren.
As much as one thinks times are tough now for the tight oil sector, these 5 triggers arriving within the short term horizon have the ability to upset the entire apple cart and then some.
With the TransPacific Trade Partnership ever closer to getting passed by the US Congress, and with a rare opportunity of access to the political parties thanks to the upcoming federal election, what should Canadians do to ensure their social values and those of the political parties are aligned?