PT Global Economy

PT Global Economy

China’s $3.6 Billion Bailout Insulates Turkey From US

Beijing’s biggest support package ever for President Erdogan arrives at a critical time... Read Article

Boeing stock at its lowest in two months after report jet maker may have...

Instant messages from two Boeing employees suggest the company may have misled the FAA, Reuters reported, citing documents it had reviewed about the safety...

Stocks Tumble After Draghi Warns Of “Over-Stretched Valuations”

Is Mario Draghi trying to bury Lagarde before she even takes her chair at the head of the European Central Bank? Read Article

New York Fed Injects $104.15 Billion in Short-Term Liquidity

On Wednesday, the Fed also began buying large amounts of Treasury bills to help expand the size of its balance sheet as part of a...

Russia Scraps “Climate Change Plan” After Uproar From Businesses

The abandoned legislation included quotas on carbon emissions at Russia's largest companies, along with a national carbon trading system and strict penalties... Read Article

The Federal Reserve could soon pause in its latest rate-cutting cycle

Chicago Fed President Charles Evans, who had strongly supported the last two rate cuts, said this week he saw no future cuts this year... Read Article

UK and EU strike new Brexit deal after last-ditch talks

Sterling rose on news after the U.K. made concessions over the Irish border, an issue that had proven to be the biggest obstacle to...

‘Don’t be a fool!’ Trump Threatens Turkey’s Economy

‘You don’t want to be responsible for slaughtering thousands of people, and I don’t want to be responsible for destroying the Turkish economy’ Read Article

US Consumer Stumbles As Retail Sales Unexpectedly Tumbles In September

The value of overall sales fell 0.3% in September from the prior month after an upwardly revised 0.6% increase in Aug. Read Article