China and United States relations to strengthen
China’s President Xi Jinping and US President Barack Obama said they agreed to deepen their commitments to bi-lateral cooperation economically and on other substantive issues. The world’s number one economy and the globes second largest economy met at The Hague in the Netherlands. China is very close to overtaking the US in GDP in PPP(purchasing […]
Federal Reserve of US tapers $10Billion in monthly Easing
The Federal Reserve of the United States announced it would taper $10 Billion from its monthly purchases. This indicates that quantitative easing is now being rolled back at a fast pace. Current Fed purchasing will be $65 Billion.