Public finances fail stress tests set for banks, says watchdog

Media Fail

Public finances fail stress tests set for banks, says watchdog

Risks from weaker growth, likely recession, higher interest rates and inflation A country that is the sole issuer of its own currency can never have it’s central bank fail. Applying stress tests to sovereign state with central bank is nonsense https://t.co/MfDKgWcv6u — Daniela Gabor (@DanielaGabor) July 14, 2017 Source: Public finances fail … Continue reading Public finances fail stress tests set for banks, says watchdog

Mercer's White House connections hang over IRS' attempts to collect $7 billion from his hedge fund

Mercer’s White House connections hang over IRS’ attempts to collect $7 billion from his hedge fund

A company co-owned by quirky billionaire Robert Mercer provided Donald Trump’s presidential campaign with personal data on millions of American voters. Now with Trump in the Oval Office, Mercer is loaded with connections to the new administration as his hedge funds fights the IRS over a $7 billion demand for back taxes. … Continue reading Mercer’s White House connections hang over IRS’ attempts to collect $7 billion from his hedge fund