Eagle Eye Opener
Chinese Government Blocks New Projects for Troubled Sectors
China’s State Council announced a production plan for specific national industries to take on the country’s chronic overcapacity problem.
U.S. Debt Default Not the End of the World
Despite what doomsayers might have you believe, should the United States be unable to extend its debt ceiling beyond the Oct. 17 deadline, the global debt market would not grind to a halt.
Alibaba to Transform Chinese Economy and Perhaps Spur Competitors
Internet retailer, Alibaba Group, is looking to drag the Chinese economy into the 21st century whether it wants to come along or not.
U.S. Investors Scurrying for the Exit?
Both European shares and oil prices are being held in check today, victimized by the glacial movement of talks in the United States on debt default.
A U.S. Debt Default Would Be Rare for a Western Economy
Not since 1933, when Germany unilaterally decided to renege on debt, has a western power pulled the plug on what it owed.
T-Mobile CEO Overcome By Wave of Honesty, Company Drops Roaming Charges
Wednesday, in a fit of blatant honesty, T-Mobile CEO John Legere called international roaming charges a “screw job” and overly complicated.