Obama pushes for gun control after Planned Parenthood shooting … After a gunman opened fire at a Colorado Springs Planned Parenthood on Friday, killing three people and injuring several others, President Obama urged the nation to increase controls over "the easy accessibility of weapons of war." – CBS NewsDominant Social Themes: Guns kill people.Free-Market Analysis: Do guns...Read More
IMF approves China's yuan as reserve currency … Inclusion in elite list alongside US dollar and euro described as a milestone for world's second largest economy. With the decision, the yuan, also known as the renminbi, will join the US dollar, euro, Japanese yen and British pound next year in the list of currencies the IMF uses as an international reserve asset. – Al JazeeraDom...Read More
Hours Before the Terror Attacks, Paris Practiced for a Mass Shooting … Since the Charlie Hebdo attacks in January, from which 16 people died, Paris-area ambulance crews and emergency personnel have taken part in regular exercises designed to test their readiness for possible attacks. One such exercise was held on Friday morning, the day of the latest terror attacks. In a twist of fate, the s...Read More
IMF approves China's yuan as reserve currency … Inclusion in elite list alongside US dollar and euro described as a milestone for world's second largest economy. With the decision, the yuan, also known as the renminbi, will join the US dollar, euro, Japanese yen and British pound next year in the list of currencies the IMF uses as an international reserve asset. – Al JazeeraDom...Read More
Hours Before the Terror Attacks, Paris Practiced for a Mass Shooting … Since the Charlie Hebdo attacks in January, from which 16 people died, Paris-area ambulance crews and emergency personnel have taken part in regular exercises designed to test their readiness for possible attacks. One such exercise was held on Friday morning, the day of the latest terror attacks. In a twist of fate, the s...Read More
Migrant crisis laid bare: 1.5 MILLION people have entered EU countries illegally this year … The staggering figure was revealed by European Council President Donald Tusk, as leaders from across the continent desperately tried to thrash out a way of stemming the flow of refugees into Europe. Hundreds of thousands of migrants – many fleeing war and persecution from North Africa and the M...Read More
Fo Real S'kebei … Pidgin english is now officially a language Na Pali Coast, Kauai, Hawaii Don't 'oe be givin me no stink eye, this is fo real s'kebei. After hundreds of years, Hawaiian Pidgin has been officially recognised as a language. A US census survey into languages, which was released on November 3, included both Hawaiian Pidgin and Pidgin in its official list for the...Read More
Migrant crisis laid bare: 1.5 MILLION people have entered EU countries illegally this year … The staggering figure was revealed by European Council President Donald Tusk, as leaders from across the continent desperately tried to thrash out a way of stemming the flow of refugees into Europe. Hundreds of thousands of migrants – many fleeing war and persecution from North Africa and the M...Read More
Fo Real S'kebei … Pidgin english is now officially a language Na Pali Coast, Kauai, Hawaii Don't 'oe be givin me no stink eye, this is fo real s'kebei. After hundreds of years, Hawaiian Pidgin has been officially recognised as a language. A US census survey into languages, which was released on November 3, included both Hawaiian Pidgin and Pidgin in its official list for the...Read More
Turkey won't apologize for downing Russian warplane, Erdogan says … Turkey will not apologize for downing a Russian fighter jet it says violated Turkish airspace near the Syrian border, Turkish President Recep Tayyip Erdogan said in an exclusive CNN interview Thursday in Ankara. "I think if there is a party that needs to apologize, it is not us," he said from the Turkish capita...Read More
Blockchain technology could reduce role of banks, says BIS … Blockchain technology could reduce the role of intermediaries such as banks and settlement houses, the Bank for International Settlements – or "the central bankers' central bank" – said in a report on Monday. Blockchain technology – or distributed ledger technology, as many financiers prefer to call...Read More
Turkey won't apologize for downing Russian warplane, Erdogan says … Turkey will not apologize for downing a Russian fighter jet it says violated Turkish airspace near the Syrian border, Turkish President Recep Tayyip Erdogan said in an exclusive CNN interview Thursday in Ankara. "I think if there is a party that needs to apologize, it is not us," he said from the Turkish capita...Read More
Blockchain technology could reduce role of banks, says BIS … Blockchain technology could reduce the role of intermediaries such as banks and settlement houses, the Bank for International Settlements – or "the central bankers' central bank" – said in a report on Monday. Blockchain technology – or distributed ledger technology, as many financiers prefer to call...Read More
Sell gold because of Draghi? Bank President Mario Draghi has been promising to pursue inflation with a vengeance. He recently vowed to "do what we must to raise inflation as quickly as possible." Draghi's efforts, which have driven down the euro, have somehow been taken by Wall Street as a great opportunity to sell gold. That's ridiculous. – CNBCDominant Social Theme: Whate...Read More
Remembering Woodrow Wilson's racism isn't enough. It's much easier to condemn one man's racism than to confront the institutional and cultural racism that haunts our nation. – USA Today OpinionDominant Social Theme: Racism needs to be opposed in all its forms. If people want to clump together, they should be forcibly separated.Free-Market Analysis: What is racism? USA Today i...Read More
Sell gold because of Draghi? Bank President Mario Draghi has been promising to pursue inflation with a vengeance. He recently vowed to "do what we must to raise inflation as quickly as possible." Draghi's efforts, which have driven down the euro, have somehow been taken by Wall Street as a great opportunity to sell gold. That's ridiculous. – CNBCDominant Social Theme: Whate...Read More
Remembering Woodrow Wilson's racism isn't enough. It's much easier to condemn one man's racism than to confront the institutional and cultural racism that haunts our nation. – USA Today OpinionDominant Social Theme: Racism needs to be opposed in all its forms. If people want to clump together, they should be forcibly separated.Free-Market Analysis: What is racism? USA Today i...Read More
The Fed is About to Make Life Harder For Big Banks … It's considering changes to its annual stress test. The Federal Reserve administers stress tests to the largest U.S. banks each year to see how they would fare in a hypothetically turbulent economy. The regulator is expected to make those tests more difficult to pass. No changes have officially been proposed but, as the New York Times...Read More
NATO urges calm after Turkey downs Russian jet … NATO and UN urge a de-escalation in tensions between Ankara and Moscow after Turkish planes shot down Russian jet. … NATO has called on Turkey and Russia to show restraint as tensions rise in the wake of the downing of a Russian jet near the Turkey-Syria border. The Russian warplane was shot down for violating Turkish airspace on Tuesday...Read More
The Fed is About to Make Life Harder For Big Banks … It's considering changes to its annual stress test. The Federal Reserve administers stress tests to the largest U.S. banks each year to see how they would fare in a hypothetically turbulent economy. The regulator is expected to make those tests more difficult to pass. No changes have officially been proposed but, as the New York Times...Read More