Puerto Rico defaulted on its $58 million debt repayment this week for the first time in its history. With its […]
The New Drivers of Europe’s Geopolitics
By George Friedman, Stratfor, For the past two weeks, I have focused on the growing fragmentation of Europe. Two weeks […]
12 Countries That Hate Their Government Most
By Alexander E.M. Hess and Thomas C. Frohlich Europeans went in May to the polls to vote for their representatives to the European […]
11 Countries Near Bankruptcy
By Alexander E.M. Hess and Alexander Kent July 31, 2014 6:33 pm EDT After years of bitter court battles with creditors, Argentina has […]
Countries With the Widest Gap Between Rich and Poor
By Alexander E.M. Hess, Vince Calio and Thomas C. Frohlich The United States of America — the land of opportunity — has the fourth […]
Seth Klarman 2013 Letter to Investors: The Truman Show
From the Baupost Group’s 2013 shareholder letter by Seth Klarman, Klarman has recently given back 4 billion to investors due […]
Serbia leader calls Gazprom pipeline vital
BELGRADE, Serbia (AP) — Gazprom’s South Stream pipeline, which will bypass Ukraine to transport Russian natural gas to Europe, is […]
How to choose the right emerging-market ETF
By Charles Sizemore, MarketWatch, It’s been a rotten year for emerging markets. The iShares MSCI Emerging Markets ETF (EEM) — […]
Europe’s zombie banks: Blight of the living dead
“PROBABLY the most successful monetary-policy measure undertaken in recent times.” That is Mario Draghi’s self-effacing judgment on the outright monetary […]
18 Housing Markets That Are More Overvalued Than The US
Societe Generale Albert Edwards pointed us to this chart comparing home prices across the developed world. For comparability purposes, the OECD […]