Carillion, a major British construction company which employs 43,000 people around the world, collapsed on Monday after rescue talks with stakeholders including the British government failed to yield a bailout.
"Though both the Fed and ECB are scaling back their balance sheets, the increase in EM FX reserves recently, with Chinese FX reserves doing the majority of the heavy lifting, has gone some way to offset this."
"How come there is no recognition that the promotion of multi-culturalism militates against the idea of a national common culture - e pluribus unum (out of many, one) - leaving nothing for any people to assimilate into? "
The Qatari and Saudi/UAE economic and diplomatic war appears to have taken to the skies above the Persian Gulf, where early Monday the UAE accused Qatari fighter jets of intercepting two UAE civilian airplanes.
One month after a deadly train derailment in Washington State killed three people, America’s crumbling infrastructure was on display again Monday when a DC Metro train derailed in a tunnel in downtown Washington DC.
With US markets closed for holiday, it has been a quiet European session, with Asia similarly subdued, while continued USD weakness, now in its 4th consecutive day, has been the main focus as Bloomberg’s dollar index approached its lowest level in three years.
The second floor of the Indonesia Stock Exchange collapsed into the lobby, injuring scores of people. Jakarta Police report that 75 people were injured, while three local hospitals report having taken in 52 people