Let’s talk today about compliance in the financial industry. This topic seems to come up a lot lately. I hear complaints from brokers on the sell side, most of whom don’t have kind words to say about their main regulatory overseer, the Financial Industry Regulatory Authority — even though it’s supposedly in the pocket of the financial industry. I ...

  The best way to describe China’s economic quandary is also the simplest: It can strive for maximum growth now or later — but not both. China’s government is well aware that promoting the growth of the world’s largest economy in the long term involves structural changes that will slow the economy in the short term. And its success in ...

  Venezuela’s crushing economic and political crisis is spiralling out of control. Widespread food and medicine crunch, 700% inflation, abysmal recession, corruption and crime have put the country on the edge of a virtual collapse. The recall vote to unseat President Nicolas Maduro is also facing bureaucratic bottlenecks. The ruling party has been accused of creating a climate of intimidation ...