By creating its own virtual money, the small country hopes to reduce its economy's reliance on the dollar.
As quantitative easing recedes and inflationary pressures rise, the volatility that was a normal facet of investing before the global financial crisis appears poised to return.
The risk factors that have stalled the further integration of eurozone banks remain, as does Northern European resistance to pooling those risks.
Recent events have shown that the connection between tightening U.S. monetary policy and tightening policy in fragile parts of the global economy still exists. As a result, economic pain expected in 2017 could arrive in 2018 instead.
Extreme political uncertainty in the sub-Saharan African nation has demonstrated the value of cryptocurrencies during times of upheaval.
As the Kremlin takes on more financial burdens, it will have to pick and choose which banks to save.
The interest in blockchain technology shows no signs of dying down. In this audiovisual guide, we explain what blockchain is and how it functions.
Recent bailouts are not necessarily a sign of future banking problems, at least not immediately. Instead, they undermine the European Union's prospects for future integration.
The global economy's recent stability has created room for interest rate hikes that would give monetary authorities the ability to react if trouble reappears.
In essence, banks have gone from being highly profitable drivers of the economy to battered and bruised institutions pressured from every direction. Low profits are reflected in bank share prices: Investors now price European banks at below the value of their assets. The troubling outlook for banks compared to nonfinancial corporations is most evident in the United States, where financial institutions have not benefited as much from the recovery in stock prices as nonfinancial institutions have.
Over the course of this year, it has become increasingly clear that the ECB would have difficulty meeting its bond-buying targets in accordance with its rules. Since Germany is the eurozone's most financially secure economy as well as its largest, its bonds are safer investments than those of its peers. As a result, the market's appetite for low-risk, reliable investments has driven the yields on German bonds ever lower, reducing the number of bonds that meet the ECB's interest rate criteria.