By Erik Gordon | August 28, 2018 Elon Musk shocked the world – including his own car company’s board – on Aug. 7 when he tweeted that he had the “funding secured” to take Tesla private. A little more than two weeks of uncertainty, confusion and a wildly fluctuating stock price later, the billionaire entrepreneur… Read More »
The national flags of Canada, from left, the U.S. and Mexico, are lit by stage lights before a news conference at the start of North American Free Trade Agreement renegotiations in Washington. But Canada’s status is now unsure after the U.S. and Mexico announced progress on a bilateral deal. AP Photo/Jacquelyn Martin Drew Fagan |… Read More »
By Greg Williams | August 28, 2018 “Wow! That was a fantastic negotiation! It’s almost like you had him dancing on a string. How did you learn to become such a powerful negotiator?” Those were the admiring sentiments bestowed on a senior member of a negotiation team by his junior. Do you know how to be… Read More »
By Benjamin J. Cohen | August 22, 2018 Venezuela recently announced one of the most dramatic currency reforms in history in a move that essentially devalues the bolivar by about 95 percent. Its ironically named bolivar fuerte, meaning “strong,” first introduced 10 years ago, will be replaced by a new “sovereign” version at a conversion… Read More »
In 138 BC China took its first step towards global connectivity with the establishment of the historical Silk Road. Zhang Qian was sent by Emperor Wudi to Central Asia to establish trade relationships. His historic missions enabled China to make contact with the outposts of Hellenic civilisation established by Alexander the Great. These efforts enabled… Read More »
Greece nearly crashed out of the eurozone in 2015. Bill Anastasiou / Shutterstock.com By Dimitrios Syrrakos | August 20, 2018 After nine years of unprecedented peacetime economic hardship, Greece exits its IMF bailout programme on August 20. So ends a series of three bailouts organised by the so-called troika of the IMF, European Central Bank… Read More »
By Daniel Joelson | August 20, 2018 Emergency financial situations can happen to anybody and any financial arrangement exercise is not ideal without planning for such occasions. The whole idea of having an emergency fund is to offer a cushion against any unexpected expense. This will ensure it does not have any negative impact on… Read More »
(NewsUSA) |8/19/2019 The 2017 Reform Act of 2017 is starting to gain traction as former United States Congressman Mark Schauer (MI-07) suggest that the “Opportunity Zones created under the tax bill incentivize capital flow to businesses in low-income neighborhoods all over the nation. Investment of even a portion of unrealized capital gains will have an… Read More »
By Brian Lucey and Shaen Corbet| August 17, 2018 The rollercoaster of cryptocurrency pricing is on the downward slope again. Bitcoin has fallen by a quarter in the past month, with other large currencies such as Ethereum and Ripple down more than 40%. So where does this latest bout of losses leave cryptocurrencies? Sceptics point to… Read More »
By Richard Holden, UNSW | August 16, 2018 As American baseball legend Yogi Berra once supposedly quipped, “It’s déjà vu all over again.” Three years ago the crisis was in Greece, now it’s Turkey. Another European summer and another European economic crisis. It’s tempting to say that being in Europe is all the two situations… Read More »