Athena Yenko

Athena Yenko

The Latest

  • Nomura Warns Of Seven Emerging Markets At Risk Of Currency Crisis
    A currency exchange store in Buenos Aires’ financial district
    Nomura listed Sri Lanka, South Africa, Argentina, Pakistan, Egypt, Turkey, and Ukraine as the seven emerging economies at high risk of possible exchange rate crisis.
  • Geely Delays Volvo’s IPO In Stockholm Due To Trump’s Trade War With Europe And China
    Hakan Samuelsson, CEO Volvo Cars
    Geely has delayed indefinitely its previous plans of listing Volvo Cars on the Stockholm stock exchange due to market uncertainty brought about by U.S. trade war against China and Europe.
  • China, Russia Show Closer Ties With Largest War Games Since The Cold War
    INVASION
    China is participating in Vostok 2018, Russia’s largest war games since the Cold War. Political and military observers expressed different opinions regarding the growing alliance between the two nations.
  • Governments Are Ill-Equipped When Next Financial Crisis Strikes, Ex-IMF Chief Says
    IMF Logo
    Former chief of the International Monetary Fund said the world is currently unprepared to face another financial crisis that could be as big as the Great Recession compared to ten years ago. He believed that the rising populism is one major factor why nations are currently ill-equipped when the next financial crisis hit.
  • Facebook To Spend $1 Billion For First Custom-Built Data Center In Asia Located In Singapore
    Singapore's central business district
    Jay Parikh, the company’s vice president for engineering, announced that Facebook is building its fifteenth data center in Singapore. The facility is going to be the first custom-built and the first site engineered by Facebook in Asia.
  • Ford Hits Back At Trump, Insists Focus Active Won’t Be Made On U.S. Soil
    Ford Company Logo
    Ford has shut down U.S. President Donald Trump’s suggestion for the company to build its Focus Active inside the United States to avoid the high tariffs. Instead, the automaker highlighted that the likelihood of U.S. tariffs on car imports would make it unprofitable for the company to build the vehicle on U.S. soil.
  • EU Nations Spar Over Tech Tax In Latest Escalation Of Trade War With US
    German Finance Minister and vice-chancellor Olaf Scholz
    Ireland, Finland, Germany and other smaller governments within the European Union opposed a commission’s proposal to imposed 3 percent tax on big technology companies that are earning within the European territory. The proposal could only be implemented if all states give their “yes” unanimously.
  • China’s Trade Surplus With US Accelerated Despite Tariffs In Full Effect In August
    U.S. Treasury Department
    China’s trade surplus with the United States widened to $31 billion in August despite U.S. tariffs in full effect in August. Some analysts concluded that manufacturers had rushed to purchase supplies and filled their inventories ahead of Trump’s first tariff hike in July.
  • Half The World’s Children Suffer School Violence According To UNICEF
    A Child In School
    UNICEF released a report that detailed the number of students experiencing different forms of school violence around the world. The report was released as part of its #ENDViolence campaign.
  • Hong Kong Is Now Top City For Ultra-Rich People, It’s No Longer New York
    Hong Kong
    Hong Kong is now the home for the individuals with net worth of $30 million and more. New York used to hold the number one spot in the ranking made by the research firm Wealth-X.
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