Investing and Global Finance News

Category Archives: International

Big Business Afraid of Trump Paris Accord Pullout

Big Business Afraid of Trump Paris Accord Pullout

Some of America’s largest businesses are worried enough about global warming to send off an open letter to the president-elect, Donald Trump, urging him not to flee from the agreement signed in Paris to slow down climate change. The three-hundred companies include 72 which bring in more than $100 million in annual revenues. Among the… Continue Reading

Pirated CDs Hurting Music Business

Pirated CDs Hurting Music Business

Even today, when most music is purchased and listened to digitally, there are still many people that take their music in hard copy, on an old-fashioned compact disc, or CD. These small metal discs, laser-etched with beautiful sounds for the customers’ listening pleasure, go for about $10 each. When created, and sold by legitimate companies,… Continue Reading

Top Officials Warn US Senate of Possible Threat from ISIS on US Soil

Director of the Defense Intelligence Agency Lt. General Vincent Stewart told the Senate Armed Services Committee that ISIS “”will probably attempt to conduct additional attacks in Europe, and attempt to direct attacks on the US homeland in 2016.” He was speaking at the annual US Senate hearing on world-wide threats along with other key US… Continue Reading

Oil Prices Plunge After Iran Announcement

In the wake of a report stating that Iran intends to increase oil imports when economic sanctions are lifted, global oil prices plummeted by about 3 percent overall. North America’s main oil blend benchmark price fell by over 3 percent, going for $37 per barrel on Monday. As a result, the Canadian dollar fell under… Continue Reading

Luxury Homes in US Purchased through IM Apps by Chinese Nationals

Luxury Homes in US Purchased through IM Apps by Chinese Nationals

Chinese nationals are the largest group of non-American buyers of US real estate. With an eye to diversifying their portfolios and keeping their money safe, Chinese investors are willing to pay more than all other nationalities. Enter the voice messaging app known as WeChat, introduced in 2011 by the Chinese Internet gaming giant Tencent. WeChat,… Continue Reading