The financial crisis of 2008 might repeat itself, only now, the burst of the bond bubble will be the beginning of a breakdown. This is what Alan Greenspan, the legendary former Fed Chairman stated in an interview.

Apple has turned into a real success story since 2007 when the very first iPhone generation was released, thus the company merited the most valuable company title due to its $660bn market capitalisation.

Over the past few weeks, the gold’s price fall has been accelerating and achieving fresh five year lows around 1080 dollar. Gold is down over 40% since making its respective high in 2011 above 1900.

After long years of conflicts, Iran and the international community struck a deal to curb Iran’s nuclear programme. The UN can now send inspectors to the facilities, which was as a matter of fact, the reason a few years back for the animosity between the United States and the Islamic republic. In exchange, Iran asked for economic isolation and international sanctions relief. And the West is gradually lifting the sanctions.

The Greek Parliament has ratified with an overwhelming majority the austerity measures required by the international creditors in exchange for the third bailout package that is €85-billion. This means Greece has to face even stricter austerity measures than the ones voted down 2 weeks earlier at the referendum.