Think you know why stocks and housing are booming? No, it’s not low interest rates and strong employment. It’s because the top three American banks by assets all just introduced new products aimed at providing riskier mortgages. It’s housing bubble 2.0.
During a visit to Greece intended to repair ties with the EU, Vladimir Putin said that Russia has “no choice” but to target Romania, which has recently opened a NATO missile defense base, and Poland, which plans to do so within two years.
Chinese defaults are on the rise and so is the list of unusual excuses used by firms for missing payments. Bloomberg’s Tom Mackenzie reports on “First Up.”
A global report on internal displacement shows the number of people forced from their homes has doubled in 15 years. The report was compiled by the Internal Displacement Monitoring Centre, which is part of the Norwegian Refugee Council. Watch the video to learn more.
Pete Bennett & Sebastian Pacher go underground on offshore banking & the Panama Papers. They’ve had more revelations today of the people who’ve got their money chillin’ on a beach somewhere in South America. But is it Tax Haven Or Hell?
Decades after the end of the deadliest war in history many people don’t know what price was paid for the peace. Here’s a video to see the shocking numbers.
China does not have a good record when it comes to food and drug safety. A new vaccine scandal is fueling both anger and suspicion from parents that the government is not doing enough to control drug scandals. Al Jazeera’s Florence Looi reports from Beijing.
The world is flush with debt which could spark the next financial crisis. Meanwhile, proxy wars are coming. Here’s a look at why these two events could lead to mass suicides and dead bodies. And why oil could climb to $100.
Developments on the Turkish-Syrian border give serious grounds to suspect that Ankara is planning a military invasion in Syria, the Russian Defense Ministry said.