New York City is shrinking.
U.S. retail sales jumped by the most since
Blackstone Group LP saw "remarkable money gathering" in the first quarter, said Chief Executive Officer Stephen Schwarzman.
Ukraine votes on Sunday in the second round of its presidential election, with neither candidate likely to rock the boat with the IMF, World Bank, European Union and other institutions. The country needs to maintain access to financial markets to meet its obligations -- and that’s far from guaranteed, according to Bloomberg Economics. Factoring in required payments to foreigners in the next year, as well as other expected outflows, Ukraine has gross external financing needs of $46 billion, about
Bond investors are starting to position for a seemingly inevitable repeat of last year’s budget showdown between Brussels and Rome.
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