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Saturday, April 17, 2021
There is a reason James Simons' RenTec is the world's best performing hedge fund - it spots trends (even if they are glaringly obvious) well ahead of almost everyone else, and certainly long before the consensus. That's what happened with...
Hundreds of chateaux, seemingly plucked out of a Disney fairy tale, can be seen in aerial footage shot by the Ruptly video agency. Intended as a luxury housing complex for wealthy Arabs in western Turkey, it now sits empty. A...
Once upon a time, the U.S. dollar was backed by the gold standard in a framework that established what was known as the Bretton-Woods agreement, made in 1944. The dollar was fixed to gold at a price of $35...
In a move sure to unleash fury from the Trump administration, the European Union has announced it has set up a transactions channel with Iran to bypass US sanctions. The launch of INSTEX — or "Instrument in Support of...
A stunning one-off customised Rolls-Royce with an estimated $12 million price tag swept into the record books when the wraps came off today. The highly-personalised two-seater Rolls-Royce Sweptail, which takes its styling cues from luxury yachts, is believed to be...
Volkswagen’s management disqualified Serbia and Macedonia and will soon decide whether to invest about 2 million euros in Turkey or Bulgaria. Volkswagen named Turkey and Bulgaria as finalists for the location of the new...
Italy became the first G7 nation to sign up for Beijing’s multibillion-dollar Belt and Road Initiative. The deal was struck amid warnings from Rome’s EU partners against negotiating with China alone. The memorandum of understanding was signed during Chinese leader’s...
Millennials aren't ready for the 'reality of life' and suffer from panic attacks and anxiety problems, new research has revealed. A study of 2,000 young people preparing to start university found that many aren't ready for the challenges of living...
Bern will take part in any new payment system if it were created as an alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), according to Swiss Ambassador to Moscow Yves Rossier. Switzerland's position on the issue of...
Two more nations, Serbia and the Philippines, have boosted their national gold reserves. They follow a global trend of other central banks accumulating bullion in a move seen as a shift away from the US dollar standard.

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