Identity 2016: ‘Global citizenship’ rising, poll suggests ... People are increasingly identifying themselves as global rather than national citizens, according to a BBC World Service poll. The trend is particularly marked in emerging economies, where people see themselves as outward looking and internationally minded. However, in Germany fewer people say they feel like global citizen...Read More
One day we're saving the banks; the next day we're saving the auto industry; the next day we're trying to see whether we can have some impact on the housing market. – President Barack ObamaYesterday's New York Times devoted 6,000 words and a main feature to nothing short of an all-out defense of Obama's economic legacy. In the process, they went full Keynesian.From the opening paragraph that...Read More
Identity 2016: ‘Global citizenship’ rising, poll suggests ... People are increasingly identifying themselves as global rather than national citizens, according to a BBC World Service poll. The trend is particularly marked in emerging economies, where people see themselves as outward looking and internationally minded. However, in Germany fewer people say they feel like global citizen...Read More
One day we're saving the banks; the next day we're saving the auto industry; the next day we're trying to see whether we can have some impact on the housing market. – President Barack ObamaYesterday's New York Times devoted 6,000 words and a main feature to nothing short of an all-out defense of Obama's economic legacy. In the process, they went full Keynesian.From the opening paragraph that...Read More
"Purchase Eric Church's latest music: http://umgn.us/ericchurchpurchaseStream the latest from Eric Church: http://umgn.us/ericchurchstreamSign up to receive email updates from Eric Church: http://umgn.us/ericchurchupdatesWebsite: http://ericchurch.com/Facebook: https://facebook.com/ericchurchInstagram: https://instagram.com/ericchurchmusicTwitter: https://twitter.com/ericchurchMusic video by Eric...Read More
In New York trade on Thursday copper for delivery in July continued to drift lower as top producer Chile painted a mixed picture for the metal.July copper futures were lasting trading at $2.27 per pound, just holding onto the psychologically important $5,000 a tonne level. The price of copper is up solid 17.2% from a seven-year low hit mid-January.The Chilean Copper Commission cut its prediction f...Read More
Thirty-eight members of the Women's Mining Coalition (WMC) from 16 states traveled to Washington D.C. for the 24th annual Fly-In meetings on Capitol Hill during the week of April 18, 2016. The women work in the hardrock, coal and industrial minerals industries, and for companies that provide goods and services to mining companies. Since its inception in 1993, WMC has made annual trips to Washingto...Read More
Beleaguered Anglo American (LON:ALL) said Thursday it has reached a deal to sell its niobium and phosphates businesses in Brazil to China Molybdenum Co. Ltd for $1.5 billion in cash, as part of its ongoing drive to offload noncore assets to reduce debt.The niobium and phosphates division, which consists of mines, plants, processing facilities, chemical complexes and deposits, was considered one o...Read More
At just 28 years of age, Brian Paes-Braga is the CEO of Lithium-X, which has gone from a market cap of $5 million to over $100 million. This is despite the fact that the company only started trading roughly seven months ago.Brian and his cofounder and mentor Frank Giustra developed a recipe for success, being respectful to your share structure, not diluting and obtaining world class assets. These...Read More
Another old-school feel that I enjoy. No lyric video for it so here it goes.Read More
The dollar has an opportunity to make history. After three straight years of gains, strategists are forecasting the US currency will be a world beater again in 2016, strengthening against seven of 10 developed world peers by the end of the year. – Median estimate from Bloomberg SurveyTwo data points may establish a trend. Three can confirm the trend - with a margin of error.But what happe...Read More
The European Union always was an American project. It was Washington that drove European integration in the late 1940s, and funded it covertly under the Truman, Eisenhower, Kennedy, Johnson, and Nixon administrations. - TelegraphAmbrose Evans-Pritchard is telling the truth again, or at least part of it, in this most recent column of his. But we find ourselves disagreeing with him on some im...Read More
Germany to launch 1 billion-euro discount scheme for electric car buyers ...Germany is set to launch a new incentive scheme worth about 1 billion euros ($1 billion) to get more consumers buying electric cars as it struggles to meet a target of bringing 1 million of them onto its roads by the end of the decade. The costs of the incentives, similar to those already established in some other European...Read More
The dollar has an opportunity to make history. After three straight years of gains, strategists are forecasting the US currency will be a world beater again in 2016, strengthening against seven of 10 developed world peers by the end of the year. – Median estimate from Bloomberg SurveyTwo data points may establish a trend. Three can confirm the trend - with a margin of error.But what happe...Read More
The European Union always was an American project. It was Washington that drove European integration in the late 1940s, and funded it covertly under the Truman, Eisenhower, Kennedy, Johnson, and Nixon administrations. - TelegraphAmbrose Evans-Pritchard is telling the truth again, or at least part of it, in this most recent column of his. But we find ourselves disagreeing with him on some im...Read More
Germany to launch 1 billion-euro discount scheme for electric car buyers ...Germany is set to launch a new incentive scheme worth about 1 billion euros ($1 billion) to get more consumers buying electric cars as it struggles to meet a target of bringing 1 million of them onto its roads by the end of the decade. The costs of the incentives, similar to those already established in some other European...Read More
Canada's Barrick Gold (TSX, NYSE:ABX), the world's largest producer of the precious metal by output, is claiming victory in its turnaround effort."Barrick is back," executive chairman John Thornton said during the company's annual general meeting, held TuesdayBarrick Gold has reduced its debt load, reshuffle management and sold several assets.Known for his flamboyant statements, he added: "We wil...Read More
Trump's World to watch as Trump outlines his foreign policy ... Critics have accused the Republican front-runner of bigotry and posing a danger to U.S. national security. Many foreign policy and defense advisers say his views are worrying, mingling isolationism and protectionism, with calls to force U.S. allies to pay more for their defense and proposals to impose punitive tariffs on some import...Read More
It became clear that the best way to stay competitive and protect the business for long-term is to move production from our facility in Indianapolis to Monterey, Mexico. – Carrier Air Conditioning spokespersonBack in February, workers at a Carrier air conditioner manufacturing plant in Indianapolis filmed a company spokesman informing employees that 1,400 jobs would be moved to Mexico. The s...Read More
Why the world needs more U.S. government debt ... Are government-imposed restrictions holding back the U.S. economy? In a way, yes: The federal government is causing great harm by failing to issue enough debt. The U.S. generates more income than any other country, and will keep doing so for many years to come. The federal government can generate a lot of revenue by taxing this income — a p...Read More