The giant crack that's been racing across Antarctica Larsen C ice shelf finally met its breaking point between July 10 and 12. The result was an iceberg the size of Delaware and weighing a trillion metric

Janet Yellen and her colleagues are facing a difficult predicament. If the Fed does not tighten monetary policy, then a destabilizing asset price bubble could run out of control and wreck the banking sector

The Bank of England has told banks, credit card companies and car loan providers that they risk fresh action against reckless lending as it warned of a looming “spiral of complacency” about mounting consumer

Many everyday citizens assume powerful global financial elites operate behind closed doors in secret conclaves, like the scene of a Spectre board meeting in the recent James Bond film. Actually, the opposite

According to the recently released data by the Australian Government June 2017 Resources and Energy Quarterly, Australia exported more gold to Hong Kong and China during the first quarter of 2017 than

In 2010, the New York Times ran a story about an Austrian guy who broke off his engagement with his American fiancee because of her $170,000 student loan debt. Americans expressed their “OMG! That’s horrible!”

Stunning new evidence reveals that the US Department of Defense is waking up to the collapse of American primacy, and the rapid unraveling of the international order created by US power after the Second

Russia’s largest bank, state-owned Sberbank, announced that its Swiss subsidiary had begun trading in Gold on the Shanghai Gold Exchange. Russian officials have signaled that they plan to conduct transactions

LONDON (Reuters) - European corporate bond markets could prove a bigger source of market instability during the next big shock than during the 2008 financial crisis, a study by the Bank of England showed.

Remember the 2007 Bubble? Remember how everyone said that it really wasn’t that big of a bubble because stocks weren’t as expensive as they had been during the previous bubble (the Tech Bubble). We all

THE US government wants to implant tiny computers the size of a pound coin into people’s brains so they can communicate telepathically. These devices could also allow us to operate machinery with our minds,

A TRILLION-TONNE iceberg has snapped off the West Antarctic ice shelf. The massive ice cube is four times the size of London and larger than the US state of Delaware. It is about 350 metres (1,100 feet)

THE US has shot down a simulated incoming intermediate-range ballistic missile similar to the one launched by North Korea last week. The test of the state-of-the-art THAAD missile defence system, over

There are a few things making the bitcoin so unique compared to the other thousands of crypto/digital currencies: The only 1 that is known by the banks (Japan, USA, Thailand, Switzerland). The solution

UK unemployment fell by 64,000 to 1.49 million in the three months to May, official figures show. It meant the unemployment rate fell to its lowest since 1975, at 4.5%, the Office for National Statistics

Fees for unplanned overdrafts are to be scrapped for the 20 million customers of Lloyds Banking Group, which includes the Halifax and Bank of Scotland. From November this year, any customer going over

When the economy started to cool in the beginning of 2016, China opened up the debt spigots again to stimulate the economy. After the failed initiative with the stock market in 2015, Chinese central planners

The German Secretary General of the Economic Council of the CDU, Wolfgang Steiger, has highlighted the growing economic crisis in Europe. The negative interest rates of Draghi and the ECB have totally

HUMANS and wildlife species face a “dismal” future if measures are not taken within the next 20 years to stave off the risk of a mass extinction, scientists have warned. Overpopulation and consumption

AMAZON has launched its annual Prime Day sale, slashing the price of more than 100,000 items – but there are plenty of catches to watch out for. The online retail giant has promised discounts for techies,