A consolidative tone has emerged ahead of the outcome of the FOMC meeting later today. The focus is not so much on the 75 bp rate hike, but on its forward guidance. Many expect the...
International trade has been a driving force in the growth of the global GDP and the US-China trade war has been denting the global growth prospects to a certain extent. The US-China trade war has...
Are EU citizens protected enough from US surveillance when Facebook transfers their personal data? The job of answering that question now lies with Europe’s top court, despite Facebook’s bid to block the case. A landmark...
The stock market has a new star sector: cannabis companies. The drug is conquering the United States and the legalization campaign is also pulling some big investors into the business, including Coca-Cola. The grass business...
Elon Musk’s SpaceX has been awarded a second contract to launch a GPS navigation satellite for the US Air Force. SpaceX is killing the competition on price. The American space industry moves at a rapid...
The Trump administration seems to be stepping up the pressure on the Japanese yen, accusing Japan of manipulating the exchange rate to its advantage. In our view, the accusation is essentially valid. Japanese policy makers...
Wall Street is one of the hot-button issues of the 2016 US presidential election campaign season. During their campaign trails, the nominees of both major parties – Democrat Hillary Clinton and Republican Donald Trump –...
The loss of tax perks and its status as a commonwealth are just two of many reasons for Puerto Rico’s bankruptcy. The island is now hoping that the default will give it leverage to restructure...
Edgar Martinez knew that he wanted to study in Germany ever since he was in high school. The German language has inspired the 20-year-old American so much that he left Chicago, his home town, to...
The International Energy Agency (IEA) says the world’s carbon dioxide emissions from fossil fuel usage have risen to a record level. It warns that despite increased renewables usage climate change will “not go away.” Global...