China’s massive infrastructure project is facing a cash crunch

REUTERS/China Daily China is urgently seeking support from international lenders to close a yawning financing gap for projects under its “Belt and Road Initiative,” a top official said. The remarks from Yi Gang, vice-governor of the People’s Bank of China, come just days ahead of the Belt and Road Forum for International Cooperation on Sunday […]

The big banks can’t agree whether oil’s in a supply crunch or a supply glut

REUTERS/Donna Carson In recent years, U.S. shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. The biggest banks remain […]

Credit Crunch recovery: £7.9trillion the value of Britain’s housing stock

GETTY THE housing market has recovered all the value lost in the credit crunch The total value of property in Britain was less than £5.5trillion at the lowest point of the economic downturn in December 2008.  But in a stunning reverse which shows the resilience of the property market, it is now £7.93trillion.  Just last […]

Pendlebury to lead Pies in crunch year

Video Image Key Pies missing at training0:27 AFL: Skipper Scott Pendlebury was a notable absentee at Collingwood yesterday, as was star recruit Daniel Wells. March 14th 2017 2 hours ago /video/video.news.com.au/Sport/AFL/News/ Scott Pendlebury will captain Collingwood in 2017. Picture: Colleen Petch Herald Sun Share Share on Facebook Share on Twitter Share on Google+ Share on […]