Business news from Winter Watch writers and from around the Web.

S&P Downgrades South Africa as Rand Slides

December 8, 2017 Winter Watch 0

24 November 2017 BUSINESS TECH — S&P Global Ratings on Friday evening lowered its long-term foreign currency sovereign credit rating on the Republic of South Africa to ‘BB’ from ‘BB+’ and affirmed the ‘B’ short-term foreign […]

Trump To Fill Fed with Wildcat Banksters

November 10, 2017 Russ Winter 2

The term “wildcat banking” refers to non-federally regulated U.S. state banking between 1816 and 1863, also known as the Free Banking Era. It resulted in widespread bank failures. A modern form of this approach would involve […]

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