Pete Buttigieg appeared on the national stage out of nowhere during the 2016 election for the DNC chair. Now we're being told he's a front-runner in their primary. This might surprise any normal voters but his deep connections with US intelligence might help explain his success. Lee delves into those ties and paints a picture of Buttigieg as more than just a political opportunist.Read More
"We follow all applicable federal and state tax laws, and our U.S. taxes are a reflection of our continued investments, compensation of our employees, and the current tax rules," Amazon said in a Jan. 31 blog post.Continue...Read More
The US and Taliban have reportedly arrived at a deal to begin drawing US troops down from the current 13,000 to 8,600 and then...well no one knows. The initial reduction of hostilities will begin on 22 February and if successful the drawdown will follow. Already neocons in Washington are warning Trump not to be "too hasty" about ending the 18 year war. Will the US finally come home from Afghanista...Read More
Another day, another sentiment shift as the coronavirus (now called covid-19) is back making headlines.Continue...Read More
Michael Oliver comments on stocks, bonds, commodities and precious metals.Read More
Since the Fed's final rate hike, the dollar and gold have been positively correlated. Gold against foreign currencies is at new all time highs, gold breaks $1600 and gold and the dollar are rising together.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes m...Read More
- Coronavirus may be worse than anyone thought, but why aren't the markets worried?- Gold mining stocks looking positive again.- Underlying weakness in the dollar being revealed in gold.- Obama and Trump are fighting over a booming economy that doesn't exist.- 1/3rd of Americans run out of money between paychecks.- Over 25% of households spend half or more of their income on rent.- Delinquencies o...Read More
Foreign buying of Treasuries in 2019 hit their largest level in seven years, data from the U.S. Treasury Department showed on TuesdayContinue...Read More
How long can our debt levels keep growing much, much faster than the overall economy? Read full newsRead More
Rob Bills, managing director of Emmerson Resources Limited (ASX:ERM), tells Proactive they've reached an agreement with Evolution Mining Ltd (ASX:EVN) to restructure the Tennant Creek Mineral Field (TCMF) joint venture.Bills says the mutually beneficial proposed new ownership structure reflects the differing size and corporate objectives of the companies. Meet Medusa Mining, Cora Gold, Group...Read More
- Trade war between two superpowers continues to escalate- White House likely to impose steep tariffs on aluminium and steel imports on 'national security grounds'- US may impose global tariff of at least 24% on imports of steel and 7.7% on aluminium- China "will certainly take necessary measures to protect our legitimate rights."- China is USA's largest trading partner, fastest-growing market f...Read More
- Trade war between two superpowers continues to escalate- White House likely to impose steep tariffs on aluminium and steel imports on 'national security grounds'- US may impose global tariff of at least 24% on imports of steel and 7.7% on aluminium- China "will certainly take necessary measures to protect our legitimate rights."- China is USA's largest trading partner, fastest-growing market f...Read More
By Hideyuki SanoTOKYO, Feb 20 (Reuters) - The dollar steadied on Tuesday after pulling ahead from a three-year low against a currency basket the previous day, though it was dogged by growing concerns a ballooning fiscal deficit in the United States could disrupt the economy.The dollar index stood at 89.215, trading about one percent above Friday's three-year low of 88.251.The U.S. currency has bee...Read More
(Fixes format error)SYDNEY, Feb 20 (Reuters) - Australia's central bank mapped out a steady course for rates at its first meeting of 2018 this month, and indicated a pick-up in wage growth was necessary to ensure a much-needed recovery in inflation. Minutes of the Reserve Bank of Australia's (RBA) January meeting showed policy makers had become more confident about the domestic outlook, thanks i...Read More
* Mitsubishi Corp to raise stake in MM to about 20 pct - Nikkei* Nikkei reports deal worth about $1.1 bln (Adds companies' comments)Feb 20 (Reuters) - Trading house Mitsubishi Corp said on Tuesday it was considering raising its stake in Mitsubishi Motors via a tender offer, a deal that the Nikkei newspaper reported could be worth about $1.1 billion.Mitsubishi Corp said in a statement it was consid...Read More
* Says 2 pct price growth would show deflation defeated* Follows news of longest growth spurt since bubble days (Adds quotes, context)By Stanley WhiteTOKYO, Feb 20 (Reuters) - Finance Minister Taro Aso said on Tuesday that Japan has essentially escaped from the economic malaise linked to asset price deflation, although policymakers need to do more."We have a 2 percent consumer price target, a...Read More
MEXICO CITY, Feb 19 (Reuters) - Private equity fund Nexxus Capital said on Monday it plans to invest $350 million over 12 to 18 months in small- and medium-sized firms with high exposure to middle-class consumers in Mexico, Spain and Portugal.Nexxus, a Mexico City-based fund that has taken several firms public in recent years, said it will target Mexico for the country's young population coveted b...Read More
Feb 20 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS 20-FebGermany Auction of 2-year Treasury notes20-FebSpain Auction of 3- and 9-month Treasury bills20-FebUnited States Sale of 2-year notes21-FebUnited States Sale of 2-year floating rate notes21-FebUnited States Sale of 5-year notes21-Fe...Read More
Feb 20 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily -----------------------------------------------------------TUESDAY, FEBRUARY 20 MANILA - Philippines central bank Governor Nestor Espenil...Read More
Feb 20 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily.** Indicates new events -----------------------------------------------------------TUESDAY, FEBRUARY 20** BRUSSELS - ECB Vice President Vitor Constancio participates in ECOFIN meet...Read More