With two majors and a No. 1 world ranking in his pocket, Rory McIlroy can lay claim to a very successful season.
For Rory McIlroy, the start of the FedEx Cup playoffs was the first real letdown of this incredible summer run from the No. 1 player in the world. Atop the FedEx Cup rankings before the Barclays, McIlroy never really got it going onShow More Summary
It doesn't yet have a name, but Ecuador's new government-backed virtual currency is coming. That's the thrust of a new report from the Associated Press, anyway -- the country's Central Bank is said to be gearing up for a launch sometime in December,...
The FedEx Cup swings up to Boston for Labor Day weekend, and world No. 1 Rory McIlroy will start his tournament in the morning draw on Friday. If you wake up Friday in a panicked sweat worried you missed the start of the second leg of the FedEx Cup, and we know some of you will, fret not. Show More Summary
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By Alpha World: The shale boom in the U.S. has changed the dynamics of the global energy market. The International Energy Agency and Bank of America have said in reports this year that the U.S. has already surpassed Saudi Arabia and Russia as the world's top oil producer. Show More Summary
In language more closely associated with green NGOs, the world’s largest private bank says it expects a paradigm shift away from large-scale conventional power plants.
...In Foreign Bribery. As OECD notes, The most widely accepted estimate of global bribery puts the total at around USD 1 trillion each year (World Bank, 2004). In the developing world, bribery amounts to around USD 20 billion to USD 40 billion a year – a figure equivalent to 15-30% of all Official Development Assistance (World Bank, 2007). Show More Summary
Submitted by John Rubino via The Dollar Collapse blog, Excerpted From The Money Bubble: What To Do Before It Pops by James Turk and John Rubino: In a very real sense, it is fractional reserve banking and not money itself that is the root of so many of today’s evils. Show More Summary
Investigation into attack on JPMorgan Chase may have expanded to seven of the world's top banks, amid a report that hackers altered records.>
- World number one Rory McIlroy joins PGA season points leader Hunter Mahan and US Ryder Cup newcomer Jimmy Walker in the feature group when the Deutsche Bank Championship begins Friday. McIlroy, who won the event in 2012, captured last...Show More Summary
Leading the way, says Rickards, will be the International Monetary Fund. "The task of re-liquefying the world will fall to the IMF because the IMF will have the only clean balance sheet left among official institutions. The IMF willShow More Summary
Steve Coogan says he was subject of a 'sociopathic sting' by then News of the World editor Andy Coulson Glenn Mulcaire's notes contain details of Coogan's girlfriends, his bank account number, his bank transactions and his pin number Elle Macpherson's accused adviser she blamed for press leaks of being an alcoholic. Show More Summary
The IMF chief is under investigation for signing off on a 403 million euro payout to a French tycoon. Her predecessor DSK and former World Bank boss Wolfowitz were both ousted for misconduct. Christine Lagarde, though, has few enemies. Being dull may prove her saving grace.
I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, and other banks are advertising partners of this site. I do not write about...Show More Summary
The African Development Bank (ADB) announced Tuesday that it is set to bundle $150 million dollars in funds to combat the Ebola virus. The news comes as the World Health Organization (WHO) has tried to solicit funds and resources to fight the spread of the deadly virus, Bloomberg reports. Show More Summary
It's a fitting way to remember Mother Teresa. The city kicked off its $1.32 million initiative to fill food banks, pantries and soup kitchens on Tuesday in honor of the late Roman Catholic nun who served the poor across the world.
By AllAboutAlpha: By Christopher Faille The Bank for International Settlements, the services and coordinating body for central banks, has taken a politely-worded crack at what it calls "unconventional monetary policies" of the Fed and the European Central Bank - mostly the Fed - in a new paper. Show More Summary
But will affluent Chinese consumers like the XC90?
Submitted by Adam Taggart via Peak Prosperity, Today, the world economy is in uncharted territory. Never before has the developed world carried this much debt. Never before have the central banks of those same countries expanded their balance sheets so much. Show More Summary