Global Economic and Market Udates: Greece has now Started Negotiations with the IMF

Economy Greece has now started negotiations with the IMF over a plan to exchange its sovereign debt for growth-linked bonds, as new PM Alexis Tsipras and Finance Minister Yanis Varoufakis continue a European tour to drum up support for their proposal. “We will start the entire repayment once solid growth starts in Greece,” Varoufakis told Italian newspaper La Repubblica. The […]

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Global Economic Updates

Gold climbed above $1,300 an ounce┬átoday for the first time since August as worries over the global economy and hopes of stimulus measures from the ECB fueled safe-haven bids. After shunning gold for two years, investors are returning to the precious metal, boosting prices 4.7% just last week. The IMF and World Bank’s weak global growth outlooks and SNB’s abrupt […]

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