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The market keeps the fed for fools

Various representatives of the Federal reserve act almost every week, but the main purpose of these presentations is not to convey to the market the point of view of the regulator. First, in the camp of the fed is the so-called “doves” and “hawks”, and their vision of monetary policy …

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People will be forced to chip in to fight the crisis

Most of the anti-crisis measures of the government why has something to do with the withdrawal of money from the population. How many of us can take?   Perhaps it is in order to assess our reserves, experts of the Higher school of Economics a year ago by order of …

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Central banks have shown record interest in treasuries

The US Treasury conducts regular placement of government bonds, but the auction of ten-year securities on Wednesday caused considerable interest. This auction has become a real blockbuster. First of all, it is worth noting that the yield on treasuries sold was the lowest since December 2012 and amounted to 1.73%. …

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The transformation of the economy of Saudi Arabia unreal?

Saudi Arabia is trying to “get off the oil needle” by diversifying its economy. She intends to focus on the development of other sectors: the government pays much more attention to the problems of health, transport, water, energy and many others. Also, the authorities of the Kingdom are planning the …

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Life without offshore. The call for the elimination of

More than 300 economists have signed an appeal to Prime Minister David Cameron and other heads of state, which referred to the necessity of ending the activities of offshore zones. The letter emphasized that offshore only increase the level of corruption in the world and help international corporations to obtain …

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Crimean Tatars asked to turn off Russia from the SWIFT system

Representatives of the Majlis of the Crimean Tatar people calls on the EU to strengthen sanctions against Russia, in particular, to consider the temporary embargo on Russian oil and disconnect Russia from global banking system SWIFT, said the head of the Mejlis of the Crimean Tatars Refat Chubarov in the …

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China inflates bubbles

Chinese banks are more willing to lend to non-banking institutions — brokerage houses and lenders, which are intermediaries between banks and business. Volume of the shadow economy has reached almost $7 trillion. Analysts have warned that a credit bubble can become “black Swan”, which will bring down the economy of …

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