Yellen Says Caution in Raising Rates Is 'Especially Warranted' ... Fed Chair makes case for go-slow changes with rate near zero ... Janet Yellen said it is appropriate for U.S. central bankers to "proceed cautiously" in raising interest rates because the global economy presents heightened risks. The speech to the Economic Club of New York made a strong case for running the economy hot to push aw...Read More
Yellen Says Caution in Raising Rates Is 'Especially Warranted' ... Fed Chair makes case for go-slow changes with rate near zero ... Janet Yellen said it is appropriate for U.S. central bankers to "proceed cautiously" in raising interest rates because the global economy presents heightened risks. The speech to the Economic Club of New York made a strong case for running the economy hot to push aw...Read More
… Along with the crackdown on dissent and freedom of speech, as well as an increasingly ideological tone, some observers worry that Chinese politics is now taking a more authoritarian direction of the kind not seen since the days of Chairman Mao. And with the normal political process so opaque and closed, the things we can glimpse on the edges of China’s parliamentary set pieces are...Read More
… Along with the crackdown on dissent and freedom of speech, as well as an increasingly ideological tone, some observers worry that Chinese politics is now taking a more authoritarian direction of the kind not seen since the days of Chairman Mao. And with the normal political process so opaque and closed, the things we can glimpse on the edges of China’s parliamentary set pieces are...Read More
Tony Blair [in the Sunday Times]: Britain and its western allies must be prepared to send ground troops to "crush" Islamic State forces or risk a terror attack in Europe of "such size and horror" that draconian security measures would have to be introduced, Tony Blair has said. -GuardianIn a widely noted editorial, Tony Blair is speaking up again, pounding the drums for war without apology. This a...Read More
Tony Blair [in the Sunday Times]: Britain and its western allies must be prepared to send ground troops to "crush" Islamic State forces or risk a terror attack in Europe of "such size and horror" that draconian security measures would have to be introduced, Tony Blair has said. -GuardianIn a widely noted editorial, Tony Blair is speaking up again, pounding the drums for war without apology. This a...Read More
Your best long term strategic investment plan is to balance your portfolio across the five main sectors of the economy: finance, utilities, consumer products and services, manufacturing and resources. Each of these broad sectors is made up of sub-sectors that often have different market outlooks.When you buy stocks in sectors and sub-sectors of the market, keep your goals in mind. If you're a cons...Read More
The Rio Olympics Could Be the Next Victim of Brazil's Corruption Scandal ... A massive corruption investigation is reaching into construction deals done for the already troubled Rio 2016 ... Two multibillion dollar projects linked to the troubled Rio 2016 Olympic Games have been drawn into Brazil's ever-growing corruption scandal. -TIMEBrazil is under covert attack from global elites using the US...Read More
The Rio Olympics Could Be the Next Victim of Brazil's Corruption Scandal ... A massive corruption investigation is reaching into construction deals done for the already troubled Rio 2016 ... Two multibillion dollar projects linked to the troubled Rio 2016 Olympic Games have been drawn into Brazil's ever-growing corruption scandal. -TIMEBrazil is under covert attack from global elites using the US...Read More
Tony Blair has warned against “flabby liberalism” and says there needs to be a tougher centre ground approach to issues such as tackling extremism and responding to the refugee crisis ... He argues that education against extremism and intolerance will come to be seen as an international obligation – in the way that environmental policy, such as tackling pollution, is addressed...Read More
Tony Blair has warned against “flabby liberalism” and says there needs to be a tougher centre ground approach to issues such as tackling extremism and responding to the refugee crisis ... He argues that education against extremism and intolerance will come to be seen as an international obligation – in the way that environmental policy, such as tackling pollution, is addressed...Read More
Nixon Aide Reportedly Admitted Drug War Was Meant To Target Black People ... pulls back the curtain on the true motivation of the United States' war on drugs. -Huffington PostThe Huffington Post article, excerpted above, blames the Nixon administration for the "war on drugs" and is based on a cover story in Harper's magazine by Dan Baum.Baum’s long article eventually makes the case for...Read More
Nixon Aide Reportedly Admitted Drug War Was Meant To Target Black People ... pulls back the curtain on the true motivation of the United States' war on drugs. -Huffington PostThe Huffington Post article, excerpted above, blames the Nixon administration for the "war on drugs" and is based on a cover story in Harper's magazine by Dan Baum.Baum’s long article eventually makes the case for...Read More
The lords of finance are losing their touch. Institutions which dragged the world from its worst depression since the early 20th century are finally seeing their magic desert them, if conventional wisdom is to be believed. -UK TelegraphWe have read a deluge of mainstream media articles about central banking problems and the article quoted above is no exception.When the mainstream media trumpet...Read More
The lords of finance are losing their touch. Institutions which dragged the world from its worst depression since the early 20th century are finally seeing their magic desert them, if conventional wisdom is to be believed. -UK TelegraphWe have read a deluge of mainstream media articles about central banking problems and the article quoted above is no exception.When the mainstream media trumpet...Read More
New York Times ... With 'Smog Jog' Through Beijing, Zuckerberg Stirs Debate on Air Pollution ... Some noted he should have worn a face mask ... Others simply took umbrage with where the photo was staged, at the heart of Tiananmen Square."The floor you stepped has been covered by blood from students ..." wrote a user named Cao Yuzhou. - New York TimesMark Zuckerberg’s China trip turned surpri...Read More
New York Times ... With 'Smog Jog' Through Beijing, Zuckerberg Stirs Debate on Air Pollution ... Some noted he should have worn a face mask ... Others simply took umbrage with where the photo was staged, at the heart of Tiananmen Square."The floor you stepped has been covered by blood from students ..." wrote a user named Cao Yuzhou. - New York TimesMark Zuckerberg’s China trip turned surpri...Read More
“Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability ... Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent. The stance of monetary policy remains accommodative, thereby supporting further improvement in labor market conditions and a return to 2 percent inflation.&#...Read More
“Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability ... Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent. The stance of monetary policy remains accommodative, thereby supporting further improvement in labor market conditions and a return to 2 percent inflation.&#...Read More
The longer-term effects of Brexit are … likely to be adverse. Most studies suggest that economic growth would suffer. A detailed analysis from the Bank of England in October found that EU membership had benefited the British economy. Attempts to model the consequences of Brexit point to economic damage. Two American banks, Goldman Sachs and Citigroup, recently warned that growth and the pou...Read More