Marcela Giraldo

34 Added | 2 Magazines | 11 Likes | 1 Follower | @margiral | Keep up with Marcela Giraldo on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Marcela Giraldo”

Saudi Arabia downgraded after budget surplus turns negative

The oil crash is crushing Saudi Arabia's budget.<p>Standard & Poor's downgraded Saudi Arabia's credit rating on Friday.<p>The dramatic plunge in oil prices over the past 18 months has caused a "pronounced negative swing" in Saudi Arabia's financial picture, S&P warned.<p>The oil-rich kingdom has gone from a …

Oil

China left out of landmark trade deal, but door is left open for the future

The hard-won<p>Trans-Pacific Partnershipagreement is a boon for U.S. efforts to exert influence in Asia amid increasing competition with China, which has been flexing its growing economic and military might in the region.<p>China, the world's second-biggest economy, is noticeably absent from the …

The Online Lending Industry Is Growing Sharply (and So Are the Gripes)

Online lenders aren't feeling too loved by regulators and some borrowers. Here's how they're trying to fix things.<p>Online lenders have not been feeling a lot of love lately, at least not from regulators and other consumer watchdog groups who are wary of the industry.<p>Though the industry has grown …

Loans

U.S. appeals court says judge went too far in Argentinian bonds dispute | Fox News

A federal appeals court handed Argentina a victory Wednesday in its quest to relieve itself of the pressures of debt owed to American hedge funds and others, saying a judge went too far by letting some bondholders demand payment without proving how much they are entitled to be paid.<p>The 2nd U.S. …

IMF: China, tumbling commodity prices threaten world economy

WASHINGTON (AP) — China's slowdown, volatile financial markets and tumbling raw-materials prices have raised the risks to economic growth around the world, the International Monetary Fund reported Wednesday.<p>In an assessment of threats published as top finance ministers and central bankers meet this …

Economics

Citigroup braces for world recession, calls for Corbynomics QE in China

Citigroup's Willem Buiter says only a blitz of helicopter money from the central bank can stop China's economy crumbling now<p>China has bungled its attempt to slow the economy gently and is sliding into “imminent recession”, threatening to take the world with it over coming months, Citigroup has …

Market Turmoil: Stocks Surge, But Choppy Waters May Lie Ahead

Stocks dived at the close on Tuesday, erasing a huge rally — and any hope that the worst of the Wall Street turmoil was over.<p>The market soared in early trading as investors shook off fears of a slowing Chinese economy and a further plunge in Asian stocks. The Dow Jones industrial average climbed as …

Stock Markets

This is why Brazil is worried about China's shaky economy

Stock markets across the globe rebounded today. But not China’s. The Shanghai Composite Index plunged more than seven percent for a second straight day.<p>The economic news isn't just troubling for Chinese investors. Countries like Brazil depend heavily on exports to China — iron ore, crude oil and …

Stock Markets

Stocks, Commodities Hit as Yuan Devaluation Jolts Markets

Many U.S. firms with ties to China market see their shares plummet<p>China’s devaluation of its currency jolted global markets Tuesday, hitting stocks and commodities and boosting government bonds, as well as fueling worry about slowing growth from one of the world’s biggest importers of raw materials.<p>…

Stock Markets

China finally says how much gold it has, but nobody believes it

China released data on its gold holdings for the first time in about six years, but investors say the guessing game about the country’s actual …

China

Greeks are going to be furious when the government chops up the country for a fire sale

Just wait until they get a load of the rough deal they've got now.<p>Not only has the Syriza-led government agreed to a number of extremely austere measures, it's also being forced to chop up and sell parts of the country to the private sector so it can recapitalise the battered banking sector.<p>It's a …

Europe

Greek Government Hands European Creditors New Bailout Proposals

(This post was last updated at 4:48 p.m. ET.)<p>Just before the end of the day Thursday in Athens, the Greek government handed its European creditors a new bailout proposal.<p>A spokesman for Eurogroup President Jeroen Dijsselbloem tweeted that Greece's creditors would now consider the proposal.<p>There has …

Europe

China markets rebound as it curbs investors from selling shares

Chinese stock markets recover ground as authorities impose ban on major stockholders from selling stakes in listed companies<p>Chinese equity indexes rebounded on Thursday, with more than half of mainland stocks suspended as regulators scramble to halt a £2.5tn rout. The yen weakened, while copper and …

Greek Startups Cut Off From The Cloud

Greece’s emergency foreign spending restrictions have left tech companies scrambling to fund web hosting accounts and other services.<p>The ongoing financial crisis in Greece has left some tech companies struggling to pay the bills–but not because they don’t have money in the bank.<p>Like businesses …

Startups

Cardinals fire scouting director, possibly linked to hacking scandal

Chris Correa, the Cards' director of scouting, reportedly admitted to using the Astros' computer system without authorization in order 'to verify …

Baseball

World stocks drift lower ahead of Greek vote; Chinese stocks plunge as support measures fail

World stock markets mostly drifted lower Friday ahead of Greece's weekend referendum, while China's main stock benchmark plunged as government efforts failed to reassure panicky investors.<p>KEEPING SCORE: European stocks were mixed, with France's CAC 40 falling 1 percent to 4,787. Germany's DAX fell …

Everything to Know About Greece’s Debt Vote

<b>Q. Why and when are the Greeks voting on this referendum?</b><p>A. The Greek government called the referendum because it failed to get acceptable terms for …

Europe

Greece proceeds with vote plan as creditors rebuff overture

ATHENS, Greece (AP) -- Europe's bailout fund on Tuesday approved a 6.7 billion euro ($8.32 billion) loan installment to Greece as part of its third international rescue program, with payment of the first 5.7 billion euros expected this week.<p>The European Stability Mechanism said the approval came …

Europe

Tsipras defiant as thousands rally in support of "no" vote

ATHENS, Greece (AP) — Greece slipped deeper into its financial abyss after the bailout program it has relied on for five years expired at midnight Tuesday and the country failed to repay a loan due to the International Monetary Fund, deepening fears over whether it will be able to remain in the …

Europe
Europe

Argentina judge orders asset seizure of Falklands oil firms

<b>A federal judge in Argentina has ordered the seizure of assets of five companies drilling for oil in the Falkland Islands.</b><p>Tierra del Fuego judge Lilian Herraez ordered the authorities to seize boats and other assets worth $156m.<p>Argentina claims sovereignty of the islands, which it calls the …

Argentina

Greeks forced to default as Eurogroup denies bail-out extension

Eurozone finance ministers have rejected a Greek request to extend the deadline of its bail-out program<p>Greece's European partners shut the door on extending a credit lifeline to Athens, leaving it facing a default that could push it out of the euro after the leftist government rejected tough lender …

Guyana to seek UN help to end border dispute with Venezuela

GEORGETOWN, Guyana (AP) — Guyana's government says it plans to formally ask the United Nations to intervene and help resolve an escalating border dispute with neighboring Venezuela.<p>Foreign Minister Carl Greenidge said in a statement Saturday that it is time for what he called a "judicial …

Venezuela

Egypt to inaugurate Suez canal expansion in August

Dubbed the Suez Canal Axis, the new 72-kilometre (45 mile) project will run part of the way alongside the existing canal that connects the Red Sea to the Mediterranean.<p>It involves 37 kilometres of dry digging and 35 kilometres of expansion and deepening of the Suez Canal, in a bid to help speed up …

Suez Canal

Endgame looms for Greek crisis as both sides take debt negotiations to the brink

Premier Alexis Tsipras will come to a fork in the road on Thursday, but whether or not a deal is made, the future for his country is bleak<p>Eleventh-hour talks to avoid Greece defaulting on its debt and plunging the eurozone into crisis intensified at the weekend with Greek officials flying to …

Europe

Greek bailout talks end without breakthrough in Brussels

BRUSSELS (AP) — The European Commission said Sunday that weekend talks to find common ground between international creditors and Greece were unsuccessful and left a wide rift that needs to be closed within two weeks to avoid a possible Greek default.<p>An EU Commission official, who refused to be …

Europe

New Witness Account Undermines Mexican Government Narrative Of Missing Students

At the end of the night of Sept. 26, 2014, in the Mexican city of Iguala, it rained. The lifeless bodies of Daniel Solís and Julio César Ramírez, two students from a rural teachers college in the nearby town of Tixtla, lay drenched on the asphalt. No one had been able to help them. Their …

Mexico