Art Villasanta
The Latest
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Turkish Lira Continues Free Fall as Economy Heads for Recession
The Turkish lira plummeted to historic lows against the U.S. dollar on Aug. 9 and 10, leading Turkey towards a full blown financial crisis that might yet engulf Europe. 
The Turkish lira plummeted to historic lows against the U.S. dollar on Aug. 9 and 10, leading Turkey towards a full blown financial crisis that might yet engulf Europe. -
India Should Become Global Growth Driver For Next 30 Years
India needs to emplace more and wider ranging structural reforms in its economy to fulfil its expected role as the next engine of world growth replacing China. 
India needs to emplace more and wider ranging structural reforms in its economy to fulfil its expected role as the next engine of world growth replacing China. -
‘King of Grifters’ Wilbur Ross Bilked Partners Out Of More Than $120 Million
Once called the "King of Bankruptcy" for his role in liquidating insolvent firms, U.S. Secretary of Commerce Wilbur Ross is now being labeled "King of Grifters" for allegedly swindling his business partners out of more than $120 million in over a dozen years. 
Once called the "King of Bankruptcy" for his role in liquidating insolvent firms, U.S. Secretary of Commerce Wilbur Ross is now being labeled "King of Grifters" for allegedly swindling his business partners out of more than $120 million in over a dozen years. -
Nothing Will Stop 'Hothouse Earth' from Taking Place
A "Hothouse Earth" climate is well and truly on the horizon and the only viable solution to it is to quickly emplace an emission-free world. 
A "Hothouse Earth" climate is well and truly on the horizon and the only viable solution to it is to quickly emplace an emission-free world. -
HSBC Reports Upbeat Earnings And Profit For H1
London-based HSBC Holdings plc, the largest bank in Europe, reported positive profits and revenues in the first half -- mainly on account of robust operations in Asia -- after a less then sterling first quarter. 
London-based HSBC Holdings plc, the largest bank in Europe, reported positive profits and revenues in the first half -- mainly on account of robust operations in Asia -- after a less then sterling first quarter. -
PepsiCo's First Female CEO Leaves Job After 12 Years
Indra Nooyi, PepsiCo's first female CEO who boosted the group's sales by 80 percent, will step down on Oct. 3 after 12 years at the helm. 
Indra Nooyi, PepsiCo's first female CEO who boosted the group's sales by 80 percent, will step down on Oct. 3 after 12 years at the helm. -
Taiwan's ‘Wan Chien’ Cruise Missile Disperses Deadly Cluster Bombs
The Republic of China Armed Forces has declared fully operational its new "Wan Chien" long-range cruise missile designed to destroy invading troops, aircraft and equipment with a torrent of deadly cluster munitions. 
The Republic of China Armed Forces has declared fully operational its new "Wan Chien" long-range cruise missile designed to destroy invading troops, aircraft and equipment with a torrent of deadly cluster munitions. -
New U.S. Jobs Report Reveals More Jobs but Low Wage Growth
The United States' jobs report for July released over the weekend shows the economy created fewer jobs than expected, while wage growth remained low despite record revenues for many U.S. firms. 
The United States' jobs report for July released over the weekend shows the economy created fewer jobs than expected, while wage growth remained low despite record revenues for many U.S. firms. -
China Moves To Slow Further Loss In Yuan Value
The People's Bank of China (PBOC), China's de facto central bank, on Monday tightened controls to stanch the yuan's continuing loss in value, but this move might eventually lead to massive capital flight. 
The People's Bank of China (PBOC), China's de facto central bank, on Monday tightened controls to stanch the yuan's continuing loss in value, but this move might eventually lead to massive capital flight. -
China's Foreign Exchange Reserves Pass $3.1 Trillion Despite Trump's Trade War
In an unexpected surprise, China seems to have withstood massive capital outflows and the Trump trade war to see its foreign exchange reserves rising $5.82 billion to $3.14 trillion in July. 
In an unexpected surprise, China seems to have withstood massive capital outflows and the Trump trade war to see its foreign exchange reserves rising $5.82 billion to $3.14 trillion in July.
