Word: risinger
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Caballero says that is wrong. His story of the financial crisis begins not in the rising condo buildings or growing developments in Miami or Las Vegas, but in investment houses and offices of central bankers in Beijing and Riyadh. Caballero asserts that international investors, particularly those tasked with deploying the...
China, contending with a huge trade surplus with the U.S., bought more and more Treasury bonds, pushing down yields and making Treasuries less attractive to other foreign investors. As a result, the rising demand for higher yielding U.S. debt opened the door for Wall Street investment bankers to spin out...
When politicians began discussing similar restrictions at the federal level, nervous investors sold off the pawnshop stocks. When the most restrictive proposal - a 36% cap proposed by Senator Richard Durbin, a Democrat from Illinois - failed to win support, the shares rebounded. However, the Senator has reintroduced the bill in the...
In China and Vietnam, in particular, nationalist netizens have pressured their governments to remain firm on issues of sovereignty. Both sides have dredged up archival evidence supposedly linking these clusters of uninhabited rocks in the sea to the glories of ancient dynasties and Emperors. For Hanoi, the matter has become...
Monitoring zones like this around the world to get a general sense of where the next such pops may happen is not that difficult, mostly because tectonic activity is hard to conceal completely. There are three types of quakes: the dip-slip fault (in which one clashing plate slides under...