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OECD Tells Canada to Cool Off Housing Markets
The Organization for Economic Cooperation and Development (OECD) fears that Canadian home sales may be ramping up to a bubble. According to the OECD, the Canadian government needs to...
France Joins European Good Growth Club
French economic growth impressed economists, who were expecting weakness alongside poor growth in America. France’s economy, however, saw a 0.6% growth in GDP in the first quarter, according to...
Eritrea Official Invokes International Conspiracy to Explain Mass Exodus
Eritrean Foreign Minister Osman Saleh claimed that the international community is responsible for enticing tens of thousands of Eritreans out of the country through asylum offers. He conceded that...
Trump/Brexit Potential Prompt Mexico to Extend Line of Credit with IMF
Mexico surprised many analysts last week when it opted to increase financing it already had with the International Monetary Fund (IMF), increasing its loans by one third to $88...
June Interest Rate Preview: Uncertainty Mounts
Investors are reconsidering earlier expectations that the Federal Reserve will increase interest rates in June. After several speeches from regional Fed presidents strongly suggesting a rate hike was imminent,...
Nigerian President Will Talk with Delta Leaders: Oil Pipeline Attacks Persist
President Muhammadu Buhari intends to meet with representatives in the oil-bearing Niger Delta as militants destroy pipelines, according to International Business Times. People in the region have long complained...
IMF: Long-Term Prediction, Greece will Struggle for Decades
Greece is currently suffering through one of the direst economic crises of any industrialized nation in history. Now, the nation finds itself at the heart of a policy struggle...
More Warnings on Britain Exiting the EU
More experts are weighing in on Britain’s upcoming referendum on its membership in the EU. A flurry of warnings from bankers, economists, politicians, and experts have bombarded Brits in...
Argentina Intends to Bestow Amnesty on Undeclared Assets
President Mauricio Macri announced that Argentines holding undeclared assets or cash in overseas accounts could bring it back to Argentina without legal consequences, according to The Wall Street Journal....
U.S.: World Bank’s Decision to Re-Enter Cambodia Questionable
The United States is accusing the World Bank of failing to learn from past mistakes and asserting that Cambodia is violating human rights. The World Bank’s Board of Executive...