Sunday , 21 December 2025

Recent Posts

Trudeau’s message to world: Let govt spending do the work

VANCOUVER / Bloomberg Canadian Prime Minister Justin Trudeau is urging global leaders to rely more on government spending and less on monetary policy to spur growth as he prepares a budget that will push his country into deficit. In a wide-ranging interview in Vancouver, Trudeau highlighted the importance of infrastructure spending and measures to bolster incomes of middle classes he …

Read More »

Growth bound CentAm is loving the oil slump

Bloomberg The slump in raw materials prices that has hurt Brazil, Chile, Peru and Colombia is leaving Central America unscathed. The region is bucking a trend of sluggish growth in the rest of Latin America as cheaper crude prices cut its fuel bills and faster growth in the U.S. boosts remittances and tourist spending. The region will grow by 4.2 …

Read More »

Oscar posts $105 mn loss in 2015

NEW YORK / Bloomberg Startup Oscar Health Insurance Corp. lost $105.2 million in its New York and New Jersey businesses last year, a sign that insurers of all sizes are struggling in the new markets created by President Barack Obama’s health-care overhaul. The losses, $92.4 million in New York and $12.8 million in New Jersey, were disclosed by Oscar in …

Read More »