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2 mins read
Portugal’s central bank clears two crypto exchanges for operations
The bank also detailed what kind of services fall under its purview in the same statement. Thi…
1 min read
German central bank believes retirement age must be linked to life expectancy
"With the longer working phase, employment is also rising in addition to individual pensions."…
2 mins read
US stocks fall as the S&P 500 is about to close out its worst first half in 52 years
Both the S&P 500 and the Dow are moving toward their worst three-month stretches since the start of…
Phil Rosen
3 mins read
The ECB says it's preparing a new anti-crisis tool as a surge in bond yields stirs memories of the eurozone meltdown
The ECB is back in crisis-fighting mode after Italian bond yields skyrocketed in response to potent…
Harry Robertson
2 mins read
From Portugal to Bali, these 28 countries and territories offer 'digital nomad visas' for remote workers
Newly-launched "digital nomad visas" allow remote workers to live in countries like Bali, Portugal,…
Hannah Towey
2 mins read
Good news for crypto adoption — Central African Republic becomes the second country to adopt Bitcoin as legal tender
The Central African Republic has become the second to legalise Bitcoin in the world. Bitcoin will …
1 min read
Sensex hits the 53,000-mark for the first time, Nifty trading at 15,870 — Maruti Suzuki India, ONGC and ICICI Bank top gainers
Bull run continued on the Indian equity market on Tuesday with the BSE Sensex crossing the 53,000-m…
3 mins read
The 'temperature is rising' in Portugal
Those worries have begun to show up in Italy's bond market. While the front end of the curve remain…
Jonathan Garber
5 mins read
Sweden's central bank is sounding the alarm on the country's insane housing bubble
The structure of the Swedish banking system makes it vulnerable to shocks. As previously, the poten…
Will Martin
29 mins read
The White House is said to be vetting Judy Shelton for a seat on the Fed. She told us what she would bring to a central bank whose policies she has long criticized.
Stable prices? Stable usually means no movement. If that is the sacrosanct mandate then we get back…
Gina Heeb
3 mins read
Portugal's finance minister is worried that her country is turning into Greece
Secondly, and perhaps most importantly, Portugal's bailout crisis ended 12 months ago, when the cou…
Mike Bird
2 mins read
Portugal's Troubled Banco Espirito Santo Crashes Into Financial Purgatory
"Indeed, the bigger risk for Portugal may be reputational: Lisbon has won plaudits for its efforts …
Myles Udland
4 mins read
An economist explains the fundamental flaw at the heart of Switzerland's revolutionary referendum on banking
While this is the most compelling argument against the introduction of sovereign money, there are o…
Will Martin
4 mins read
Deutsche Bank is at a record low and investors are once again scared of European banks
And so the roughly 20% drop in Deutsche's 7.5% perpetual CoCo that has happened in just a few weeks…
Myles Udland
5 mins read
Meet the 'snowball' - the crazy debt deal uncovered by an ex-Goldman banker that almost sunk Portugal's railway
Jabbour is now running for political office. Jabbour was the Conservative candidate for Greenock in…
Ben Moshinsky
1 min read
REPORT: A Unit Of Portugal's Troubled Espirito Santo Will File For Creditor Protection
Recall that last week, world markets were roiled after Banco Espirito Santo's parent company, Espir…
Myles Udland
6 mins read
ROSENBERG: Deutsche Bank is too interconnected to fail
"The political risk, actually, in Europe is less dire than it seems because a lot of the anti-EU rh…
Real Vision TV
2 mins read
Portuguese President Rejects Call For Instant Elections - Backs Existing Coalition Government
The coalition between the two ruling parties gives the government a comfortable majority in parliam…
Agence France Presse
1 min read
Nobel Laureate: 'Historians Are Going To Tar And Feather Europe's Central Bankers'
Evans-Pritchard's report also includes quotes from noted economists Joseph Stiglitz and Christopher…
Myles Udland
1 min read
Markets Are In The Red, Major Portugese Bank Crashes
"Banco Espirito Santo SA's stock plunged by the most on record and the bonds slumped after it was o…