Goldman Sachs

The US deficit stands at $20 trillion and will rise to $30 trillion in a decade. That should be a reason for concern, according to the US Fed.

"I believe the Federal Reserve should be gradually and patiently raising the federal funds rate during 2018," Dallas Federal Reserve Bank President Robert Kaplan said on Wednesday.

Brnabic participated in the conference "Digital, Life, Design" where she presented the priorities and plans for the development of creative and digital industries as well as development chances.

The world's most popular cryptocurrency has surpassed $8,200 on Monday, setting another record high. Bitcoin is up almost 850 percent this year.

November has been an extremely volatile month for bitcoin. Earlier this month, the digital currency price fell to $5,500 after developers scrapped the SegWit2X update, leading some miners and investors to shift to offshoot bitcoin cash.

“All names contained in the Paradise Papers will be scrutinized on the basis of the law,” said government spokesman, Dimitris Tzanakopoulos on Tuesday, in light of the recent revelations.

London stripped Uber on Sept. 22 of its licence to operate from the end of next week in a huge blow to the taxi service and 3.5 million users in one of the world's wealthiest cities.

The capital's transport authority said the Silicon Valley technology giant was not fit and proper to hold a private vehicle hire licence and it would not be renewed when it expires on Sept. 30.

Economy and Development Minister Dimitris Papadimitriou and Alternate Finance Minister Giorgos Houliarakis will be the main speakers at the 12th annual London roadshow of Athens-listed firms, which starts on Wednesday at the May Fair Hotel.

U.S. President Donald Trump said on Sept. 14 he had not yet decided who will be the chairman of the Federal Reserve come February, but said he "likes" incumbent Janet Yellen.

"I do respect Chairman Yellen a lot. I like her and I respect her but I haven't made that decision yet," Trump said, giving the clearest hint yet that he could keep the 71-year-old on.

Greek banks managed to meet their targets for the reduction of nonperforming loans (NPLs) in the second quarter of the year, analysts note, stressing that this will continue to represent the biggest challenge for local lenders in the coming months too.

The US state of Texas has accepted an offer of flood aid from Mexico despite tension over President Donald Trump's proposed border wall and his threats to scrap a free-trade deal.

On Sunday Mexico offered vehicles, boats, supplies and food, reports said.

Mexican Red Cross volunteers have also travelled to the flooded city of Houston.

The Dow topped 22,000 points for the first time in opening trading on Aug. 2, bolstered by a six percent gain in Apple, the latest blue-chip company to report strong earnings.

About three minutes into trading, the Dow Jones Industrial Average stood at 22,011.48, up 0.2 percent and on track for its sixth-straight record close, as reported by AFP.