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Frederic Bastiat
Asian Investors Anticipate Modest Rise in Markets After Mixed Day on Wall Street
NEW YORK (Reuters) - Investors in Asia were expecting small gains on Thursday, after Wall Street booked a choppy day due in part to a disappointing private jobs report indicating…
OPEC+ Resumes Talks on 2021 Oil Policy Amid Disagreements
LONDON (Reuters) - OPEC and Russia resume talks on Thursday in a bid to define policies for 2021 after an initial round of discussions this week failed to bring a…
Foreign Saving Gluts and American Financial Imbalances
The idea that trade imbalances are more likely to be the result of credit imbalances than of savings imbalances ignores the role of savings imbalances in creating credit imbalances.
MPC Warns of Financial Risks among SMEs, Households
Gradual and uneven economic recovery could affect financial stability among businesses and households in the period ahead, says the edited minutes of the Bank of Thailand's Monetary Policy Committee (MPC).
Bitcoin Tops $16,000 on PayPal Bull Run
NEW YORK -- Bitcoin surpassed the $16,000 mark for the first time in nearly three years Thursday, as the market cheers PayPal's decision to let customers use virtual currencies for…
Obama will take Coronavirus Vaccine and might Film it to Build Confidence – ‘I Trust This Science’
Former President Barack Obama said Wednesday that he will take a coronavirus vaccine once one is available and may film it to build confidence in the U.S. about vaccine safety.
Frederic Bastiat
Quote for the Day
“The law is the organization of the natural right of lawful defense; it is the substitution of collective for individual forces.”
Saving Jobs Won’t Save Us From Jaws
Mario Draghi’s sunset retirement festivities weren’t supposed to have gone off this way. Celebrated for his July 2012 “promise” to save the euro, he instead spent the entirety of his…
Salesforce to Buy Workplace App Slack in $27.7 Billion Deal
(Reuters) - Salesforce.com Inc has agreed to buy workplace messaging app Slack Technologies Inc in a $27.7 billion deal, the biggest by the cloud-computing pioneer as it bets on an…