Europe’s fourth-largest economy, Italy, is heading towards a major banking crisis. According to the Financial Times, the amount of gross non-performing loans held by the Italian Banks increased by 85% to 360 billion euro in the 5 years preceding 2015.
Banking Crisis in Italy Read More »
http://www.marketwatch.com/story/biggest-banks-are-still-too-big-to-fail-feds-kashkari-2016-02-16?siteid=nwtam
Biggest Banks are still too big to fail. Read More »
http://www.reuters.com/article/us-asia-aiib-investment-idUSKCN0UU03Y
China Launches new Development Bank as power balance shifts Read More »
http://indianexpress.com/article/business/business-others/iran-india-to-settle-outstanding-crude-oil-dues-in-rupees/
Ditching the Dollar Read More »
http://www.thelocal.no/20160122/norways-largest-bank-calls-for-complete-end-to-cash
Norway’s Largest Bank calls for complete end to cash Read More »
China is on the move. it has currency swap agreements with a lot of major trading partners. It has opened up its internal markets to the outside world and together with a stable currency, its bond market is maturing, its exchanges are maturing, its investment banks are expanding globally (silk road, deals all over South
Investing in China. Read More »