Economy Janet Yellen, US Treasury Secretary warns of US debt default US Treasury Secretary Janet Yellen has launched a new call to Congress to raise the federal debt ceiling, according to her that a US debt default would trigger a major financial crisis. The
Economy European Central Bank raises Eurozone inflation forecast The European Central Bank raised its prospects for growth and inflation, but promised to maintain the stimulus, for fears that any retreat now would slow down the economic recovery. Christine Lagarde, the ECB
Economy Russia to de-dollarize it's National Wealth Fund Russia is cutting the US dollar from its $186 billion National Wealth Fund while Washington continues to impose sanctions on Moscow. The measure was announced at the St. Petersburg International Economic Forum on
Economy Inflation soars in the US, April CPI up 4.2% Rising market concerns about inflation have been a recurring theme in news headlines in the United States. The most recent data from the CPI index, which tracks average consumer prices, confirmed the fear
Economy Brazilian Central Bank Announces R$ 200 bank note The picture that illustrates this post relates to another correct forecast made by the prophetic American series The Simpsons, highly popular in Brazil. And, this time, it is not fake: the new R$
