Category: Asia (Economy, Finance, Business)

1) To settle its civil law suit over fake accounts, Wells Fargo, America’s fourth largest bank, is paying $3 billion dollars. In order to meet sales quotas, employees opened millions…

1) The investment bank Morgan Stanley is buying ETrade Financial Corp. for $13 billion dollars, planning to now manage money for regular people. ETrade will bring five million retail customers…

1) Negative yielding debt are bonds with an interest rate below 0%. Since the peaking of the U.S.- China trade dispute, a third of all investment grade bonds have rates…

1) In order to help contain the Chinese coronavirus outbreak, China’s central bank has started deep cleaning and destroying potentially infected cash. The virus appears able to survive on surfaces…

1) Surging demand for sugar is causing global supply shortages. With changing diets and lifestyles the demand for sugar has drastically increased in third world nations. For instance, Southeast Asia…

#TheCastPodcast last episode of the 2019 year. Your hosts Sammy BE @EcoFireTV, Luisa L @LuisaModels & Jon “Da Don” Sterling @TheDramaBlock, closed 2019 very strong of course; 2020 will be…

1) Senator Josh Hawley (R) aims to overhaul the Federal Trade Commission to counter the power wielded by big tech companies like Google and Facebook. He proposes dismantling the current…

1) China has announced a 50% cut in its tariffs on $75 billion dollars worth of imports from America. This is in response to last months U.S. tariff cuts on…

#TheCastPodcast last episode of the 2019 year. Your hosts Sammy BE @EcoFireTV, Luisa L @LuisaModels & Jon “Da Don” Sterling @TheDramaBlock, closed 2019 very strong of course; 2020 will be…

The #EFRPod last episode of the 2019 year; Sammy BE @EcoFireTV, James Lyman @ObsoletePeople & Jon “Da Don” Sterling @TheDramaBlock, closed 2019 stronger then ever…. The trio had the wonderful…