TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
Well, it’s official: “Japan Inc.” is now “Bank of Japan Inc.” Oh, OK, not officially official, but just about. As the Nikkei Asian Review reports, the Bank of Japan (BOJ) is now a top-10 shareholder in a whopping 40% of the listed companies in the country. That’s right, having purchased 25 trillion yen ($227 billion) worth of exchange-traded Read More…
Berlin, Germany – The most prominent bank in Germany is at risk of failure, with potentially profound effects for the EU, the United States and likely the rest of the world. Deutsche Bank shares have fallen sharply on the news that German Chancellor Angela Merkel won’t bail-out the struggling bank, with shares falling by as Read More…