German Inflation Trauma of 1923 Strikes an Uneasy Chord Today
By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes
2023-08-27 13:46
Dorries Finally Quits UK Parliament With Fierce Attack on Sunak
Former Culture Secretary Nadine Dorries savaged Prime Minister Rishi Sunak in an excoriating resignation letter, as she finally
2023-08-27 04:59
Junkiest Debt Rallies as Investors Brush Off Fed
Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank
2023-08-27 03:48
BOE’s Broadbent Warns UK Rates Need to Remain High For Some Time
The Bank of England will have to keep interest rates high for longer because inflation is unlikely to
2023-08-27 01:51
Bloated Government Debt Is Here to Stay: Jackson Hole Paper
Swollen government indebtedness — and the upward pressure that puts on interest rates — is here to stay,
2023-08-27 00:18
Fed Latest: China Still Embedded in US Supply Chain, Paper Finds
China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports
2023-08-26 22:52
Ukraine Recap: Kyiv Hopeful on Taurus; Russia’s Azov Sea Shift
Ukraine’s defense minister said he’s confident Germany will supply his country with Taurus cruise missiles, a controversial potential
2023-08-26 21:59
FIFA Suspends Spain Football Chief Rubiales After World Cup Kiss
FIFA has provisionally suspended Luis Rubiales, the head of Spain’s football association, from all activities pending a review
2023-08-26 21:17
UK’s Sunak Plans to Skip UN General Assembly in September
UK Prime Minister Rishi Sunak will not attend the United Nation General Assembly in New York next month,
2023-08-26 20:49
Germany’s Scholz Rejects Calls for More Spending to Help Economy
Chancellor Olaf Scholz rejected calls for higher, debt-financed federal spending to boost growth and said Germany is well
2023-08-26 20:23
Century-Old Swiss Watch Dynasty Ends With Scion Selling to Rolex
Over more than a century, three generations of Bucherers built one of the most exclusive watch and jewelry
2023-08-26 19:17
Spain’s Rubiales Under Pressure as Women’s Team Refuses to Play
Pressure is mounting on the chief of Spain’s football association after the country’s World Cup champion Women’s team
2023-08-26 18:54