The Swiss-based commodities trader Glencore has announced its intentions to go public. The main offer could raise as much as $11 billion, but would force the secretive company to open its books.
As corporate earnings season gets started, many economists look to see which industries are coming back and which are lagging behind. Julia Coronado, chief economist with BNP Paribas explains.
Black swan funds bet on things that are unlikely to happen. And when global economic collapses and catastrophic natural disasters dominate headlines, black swans are raking in the cash.
The yen has hit its highest level against the U.S. dollar since World War Two as Japanese insurance companies sell off foreign investments to cover impending insurance claims.
Julia Coronado, chief economist with BNP Paribas, explains how the disaster in Japan will shift global economics, and how U.S. debt becomes a "save-haven asset."
Muhammad Yunus won a Nobel Peace Prize for getting microfinance off the ground and into the mainstream. But after Yunus was fired due to Bangladesh's mandatory retirement age, many question the future of micro-credit loans.
