The euro soared to the highest level in over a year while bond yields and global shares also climbed, as an ongoing barrage of coordinated hawkish comments from central banks signaled the era of easy money might be coming to an end for more than just the United States. S&P futures were fractionally in the green following the best day for US equities in two months, as banks climbed after passing the Fed's stress tests and announcing bigger than expected shareholder payouts.
Authored by Joseph Jankowski via PlanetFreeWill.com,
A major global cyber attack which struck particularly hard in Ukraine on Tuesday could potentially trigger NATO’s Article 5 mutual defense commitment, according to NATO chief Jens Stoltenberg.
On Tuesday, computer systems around the world were subjected to ransomware cyber attacks that spread from Ukraine and Russia, across Europe to the United States and then on to Asia.
Authored by Jeff Deist via The Mises Institute,
Authored by Ronald-Peter Stoferle via The Mises Institute,
The attacks on physical cash from a phalanx of economists, central bankers, commercial banks, and politicians have not diminished in recent years. On the contrary, in the face of the worldwide increase in terror attacks, particularly in Europe, and ongoing pressure on public budgets, the cash ban issue is increasingly dragged into the spotlight.