Progressive Radio Network

World economy

Don't the buy the media line that the volatility in global markets is all about oil. It's not. Not even close. The fast-moving meltdown in…
More indicators show growing instability in the global economy, as US economy now appears to be slowing rapidly as well. Jack disassembles US 4th quarter…
Updates on FED's interest rate hike, Peter Drucker on "like a business," gun business, and oil economics. Response to question on whether it is China…
The announcement by the global mining giant Anglo American that it will sack 85,000 workers world-wide, put 60 percent of its assets up for sale,…
It’s that time of year again, when every sellside macro strategist peers into his or her crystal ball in a completely futile effort to predict…
Denying women full participation in the global economy is costly.McKinsey & Co. has now calculated by just how much. Full gender equality would add 26…
Over the weekend, we reported that in a dramatic turn of events, the research division of Japan's second biggest brokerage house, Daiwa, did what nobody…
The meeting of G20 finance ministers and central bankers held in Ankara, Turkey over the weekend underscored the inability of the major capitalist powers to…
Housing markets are prone to the bandwagon effect, they continue rising when the fundamentals vanish, a year, maybe two years before. Stock market and commodity…
Correspondent Bart D. recently speculated that the U.S. stock market was now “too big to fail,” that is, that it was too integral to the…
The financial markets have been through some wild and crazy times over the last two weeks, although it appears that they have finally stabilized. The…
When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on…