Petro-Plunder Rages in Mexico, Costs Surge by Don Quijones • Mar 12, 2018 • 24 Comments Just as the gasoline market is opened to competition, Mexico becomes one of the worst places in the world for fuel theft.
Cryptocurrency Manipulators Can Now Go to Jail by Wolf Richter • Mar 11, 2018 • 36 Comments What the First Ruling by a Federal Judge on Cryptocurrencies Means. Law firm weighs in.
Toxic Debt Still Plagues Spanish Banks (and Taxpayers Will End Up Paying for It) by Don Quijones • Mar 11, 2018 • 18 Comments Years after Crisis Was “Solved.”
Old Fields Die Hard by Oilprice.com • Mar 10, 2018 • 11 Comments Oil is setting up for a turbulent year.
QE Unwind Is Too Slow, Says Fed Governor, Thus Launching First Trial Balloon by Wolf Richter • Mar 9, 2018 • 65 Comments “The very slow pace may still be contributing to a buildup of various financial imbalances.”
The Mysterious Chinese Company that’s Trying to Buy a $9 Billion Stake in Rosneft? by Oilprice.com • Mar 9, 2018 • 15 Comments The Chinese government has taken over its management, and its CEO is under investigation.
It’s Over for Toys ‘R’ Us: Liquidation Next by Wolf Richter • Mar 8, 2018 • 74 Comments Despite earlier denials.
Cash Refuses to Die, But the €500-Note Is a Goner by Don Quijones • Mar 8, 2018 • 46 Comments War-on-Cash Backlash.
Corporate Bond Market Gets Ready for Big Reset by Wolf Richter • Mar 7, 2018 • 29 Comments Investors are still blowing off the Fed. But not much longer.
Oops, Extra-Gloomy Numbers on the US Trade Deficit in Goods & Services for January by Wolf Richter • Mar 7, 2018 • 85 Comments A sharp deterioration that started in Aug. 2017.