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Ukraine Needs Second Bailout, Currency Reserves Drop to Critical Level; Another IMF Visit; Where's the Love?

MishTalk

See Enter the Carpetbaggers: Ukraine''s New Finance Minister a US Citizen, New Economy Minister from Lithuania ). Ukraine’s central bank reported foreign-currency reserves at their lowest for almost a decade, raising pressure on the West to provide more financing to the country being squeezed by Russia. per-US$ to 15.34-per-US$.

Banking 75
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Japan Exports and Trade Balance vs. the Yen; Abenomics in Review

MishTalk

The Yen was in this general area, at times, in 2004, 2005, 2008, 2009, and 2014. The CHART OF THE DAY shows the value of Japan’s exports is 23 percent below a March 2008 peak, even as those of South Korea, the U.S. The loss of global market presence by Japan’s companies, especially electronic appliance makers, is also a factor.”

Finance 76
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How Companies Are Already Using AI

Harvard Business

For example, our survey, which asked managers of 13 functions, from sales and marketing to procurement and finance, to indicate whether their departments were using AI in 63 core areas, found AI was used most frequently in detecting and fending off computer security intrusions in the IT department. AI wasn’t new at Microsoft.

Company 43
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Energy Price Deflation: Crude Dips 6% to 7-Year Low; Gasoline Below $1.50; Central Banks to Blame for What's About to Happen

MishTalk

The price of West Texas Intermediate (WTI) light sweet crude is down 6 percent today to lows last seen late 2008 and January 2009. since May of 2004 when it closed at $37.04. By cheapening interest rates, financing of rigs became too easy. West Texas Crude Monthly There has not been a WTI monthly close lower than $38.69

Banking 28
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Why Are Mules Stubborn? Why Can't Blind Jackasses See?

MishTalk

One is on Japan, one the US, and one on emerging markets with various overlaps in between. The debts of non-financial firms in emerging market economies quadrupled, from $4tn (£2.6tn) in 2004 to well over $18tn in 2014, according to the IMF’s twice-yearly Global Financial Stability Report. Let's start with Japan. Obama's Model.

Banking 28
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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

The BIS slam, coupled with a recent stock market selloff, brought up debate on a " controlled collapse ". Over the past few years, non-financial corporations in a number of EMEs have borrowed heavily through their foreign affiliates in the capital markets, with the debt denominated mainly in foreign currency.

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The Real Reasons Companies Are So Focused on the Short Term

Harvard Business

This has been a remarkable year for the markets. From 1970 to 2004, the percentage of CEOs hired from outside the firm increased from 12% to 39%. CEOs from rival firms); conversely not all inside CEOs have it (CEOs promoted from finance). MirageC/Getty Images. The S&P and the Dow indexes are up 18% and 19%, respectively.

Company 28