International Markets

Saint Basil's Cathedral

Why Credit Suisse Keeps Warming Up to Investing in Russia

Investing in Russia often has been more problematic than investing in other emerging market economies. Still, this was a literal gold mine or oil field for the so-called BRIC investors ...
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Shanghai

China’s Smaller Cities Help Boost New Car Sales in 2015

Passenger car sales rose 11% in China last year, the slowest pace in the past three years. A more interesting data point is that more than half (55%) of foreign ...
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Shipping containers

February’s International Trade Deficit Widens

The U.S. international trade balance for the month of February was released before the markets opened on Tuesday. The trade deficit came in at a wider-than-expected $47.1 billion, primarily due ...
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Brussels

Will Terrorist Activity Hurt Tourism in Belgium?

The economic impact of social shocks is undeniable, and perhaps more relevant now than at any time over the past 10 years. At the end of November, the French government estimated ...
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Oil rig

2 Oil Services Companies May Benefit Big When Iran Returns to Oil Market

If there was ever a topic for heated discussion, it’s the deal the United States has made with Iran that essentially lets the country out of the penalty box and ...
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walmart truck

Where Is Left for Wal-Mart to Expand?

At the beginning of this year, Wal-Mart Stores Inc. (NYSE: WMT) announced its intentions to open a minimum of 200, and up to as many as 240, international stores throughout ...
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store-front-night

World’s 20 Largest Countries Without a Wal-Mart

Wal-Mart Stores Inc. (NYSE: WMT) is a truly global company. The world's largest retailer claims 11,500 retail stores operating under 72 banners in 28 companies. Wal-Mart also claims 2.2 million ...
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down thumb

Analysts More Cautious on European Banks With Downgrades

Most U.S. investors tend to focus on U.S. equities and issues. The larger picture in the financial sector and in the financial markets requires a full global view. Investors have ...
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bridge frame

China to Close 240 Steel Mills, Fire More Than 1 Million Workers

The provincial governor of Hebei province said that by 2020 the government will shut down operations at 240 of the 400 steel mills that currently operate in the northern province ...
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ThinkstockPhotos-481735362

How Stocks May React to Britain’s EU Brexit Vote

In June, the citizens of the United Kingdom will vote on whether to stay in the European Union. The decision seems a momentous one, and indeed it is, for two ...
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Gas Pump Nozzle

5 Countries With the Highest Gas Prices

The price of a gallon of gasoline varies wildly around the world. Among the largest producing nations, consumers in Saudi Arabia and Kuwait currently pay less than $1 a gallon ...
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ThinkstockPhotos-179077153

OECD Lowers Expected 2016 and 2017 Global GDP Growth Targets

We have yet more downgraded growth expectations for 2016. The Organization for Economic Cooperation and Development (OECD) has said that achieving strong growth in the global economy remains elusive. The ...
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globe

Why Moody’s Sees Risks of Slower G-20 Growth in 2016 and in 2017

Another report this week indicates slower economic growth in 2016. Sadly, this report indicates sub-par growth for 2017 as well. Moody's now sees increased risks to the global growth story ...
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Venezuela flag

Venezuela Raises Gas Price to $0.60 a Liter, Still Remarkably Low

The Venezuelan government has raised gasoline prices to $0.60 per liter (in U.S. dollars). While the increase from $0.01 per liter may be back-breaking for drivers in the country, it ...
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athletic shoes

Adidas Signs On Former Lululemon CEO Christine Day

Former Lululemon Athletica Inc. (NASDAQ: LULU) CEO Christine Day has signed on as a strategic adviser to Germany-based sportswear maker Adidas. Day is currently the CEO of frozen-food company Luvo ...
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