Business

Authored by Kevin Muir via The Macro Tourist,

The euro's surge to an almost two-year high put a cap on the global market rally in Friday's quiet session, with most major exchanges consolidating after a second strong week of gains. The MSCI Asia-Pacific index declined for first time in ten days while the European Stoxx 600 index was fractionally in the green as were US equity futures ahead of earnings reports from General Electric, Honeywell, Schlumberger and others. Oil gained with Brent flirting with $50, zinc rallied along with most base metals.

Security measures in the building of the Bank of Greece in downtown Athens are not as good as they should be.

As KeepTalkingGreece reports, a crowd of anarchists from the well-known group Ruvikonas entered the Bank of Greece on Wednesday afternoon.

Some 20 people entered the Bank of Greece from a side entrance at 1:40 pm, threw leaflets and fled.

The Bank personnel tried to hide under the desks and behind counters, media reported.

Some of the leaflets read:

As Warren Buffet says, “Only when the tide goes out do you discover who’s been swimming naked.”

And, as Visual Capitalist's Jeff Desjardin details, in 2014, when oil prices crashed and burned, the tide was gone – and it was shown that too many countries were relying on frothy oil revenues to balance out their trade deficits.

A LINGERING CRISIS

Authored by Andrei Akulov via The Strategic Culture Foundation,

This news hits the world media headlines.