Analysis: Brazil riots raise questions over sporting mega-events … Brazilian anger against the cost of staging the World Cup could undermine the argument that host countries benefit from sporting mega-events as they become too big for most countries to handle. UEFA's idea of splitting the Euro 2020 championship into minitournaments hosted in 13 different countries could be one of the alt...Read More
Kevin Rudd ousts Australia Prime Minister Julia Gillard … Kevin Rudd is more popular with voters than Ms Gillard … He won 57 votes in a leadership ballot of Labor MPs and senators called by Ms Gillard, who received 45 votes. The change comes ahead of a general election due in September, which polls suggest Labor is set to lose. After the vote, Ms Gillard confirmed she would stand by a...Read More
Pensioners living on pocket money as savings crisis hits millions … Pensioners-living-on-pocket-money-as-savings-crisis-hits-millions … Almost two million retired adults in the UK have less disposable income than the average 11 year-old, as Britain's savings crisis creates a generation of "pension paupers". A new survey last night said 15 per cent of men and women in reti...Read More
How Much Beanie Babies Were Predicted To Be Worth Vs. How Much They're Really Worth … The 1998 edition of the Scholastic Beanie Baby Handbook listed the original price of Beanie Babies when they were first released, how much they sold for in 1998, and their estimated price in 2008. Beanie Babies were supposed to be a good investment. From page 27 of the book: " Basically, if you can...Read More
Two Fed Presidents Emphasize Stimulus to Persist After QE Taper … Two Fed Presidents Emphasize Stimulus to Persist After QE Taper Two Federal Reserve (TREFTOTL) presidents who differ over the need for more stimulus emphasized that monetary policy remains accommodative, less than a week after a timeline to reduce bond purchase jolted financial markets. "What we're talking about here...Read More
Fed fights back against 'feral hogs' … A top US central banker on Monday warned the "feral hogs" of financial markets against trying to force the Federal Reserve to shelve plans to slow its bond buying, as yields on US Treasuries climbed to their highest level since August 2011. Richard Fisher, president of the Dallas Federal Reserve, said in an interview with the Financial...Read More
Analysis: Brazil riots raise questions over sporting mega-events … Brazilian anger against the cost of staging the World Cup could undermine the argument that host countries benefit from sporting mega-events as they become too big for most countries to handle. UEFA's idea of splitting the Euro 2020 championship into minitournaments hosted in 13 different countries could be one of the alt...Read More
Kevin Rudd ousts Australia Prime Minister Julia Gillard … Kevin Rudd is more popular with voters than Ms Gillard … He won 57 votes in a leadership ballot of Labor MPs and senators called by Ms Gillard, who received 45 votes. The change comes ahead of a general election due in September, which polls suggest Labor is set to lose. After the vote, Ms Gillard confirmed she would stand by a...Read More
Pensioners living on pocket money as savings crisis hits millions … Pensioners-living-on-pocket-money-as-savings-crisis-hits-millions … Almost two million retired adults in the UK have less disposable income than the average 11 year-old, as Britain's savings crisis creates a generation of "pension paupers". A new survey last night said 15 per cent of men and women in reti...Read More
How Much Beanie Babies Were Predicted To Be Worth Vs. How Much They're Really Worth … The 1998 edition of the Scholastic Beanie Baby Handbook listed the original price of Beanie Babies when they were first released, how much they sold for in 1998, and their estimated price in 2008. Beanie Babies were supposed to be a good investment. From page 27 of the book: " Basically, if you can...Read More
Official Audio | Major Lazer - Keep Cool (feat. Shaggy & Wynter Gordon)Subscribe to the Major Lazer YouTube Channel -http://majorlazer.fm/YouTubeMAJOR LAZER & DJ SNAKE - LEAN ON (FEAT. M?~) STREAM LEAN ON:http://smarturl.it/LeanOnStream http://smarturl.it/LeanOnSpotifyhttp://smarturl.it/LeanOnSoundCloudDOWNLOAD LEAN ON:http://smarturl.it/LeanOniTunes http://smarturl.it/LeanOnAmazonhttp://smarturl....Read More
Mark Carney: golden chance for return to prosperity beckons … Mark Carney has a golden opportunity to rescue Britain. The incoming Bank of England Governor has the Chancellor squarely behind him, a public desperate for new ideas to bolster the recovery, and a suite of powers to make rival central bankers jealous. With no ties to the UK, he doesn't need to curry political favour or burnis...Read More
The Federal Reserve's Framers Would Be Shocked … ONE hundred years ago today, President Woodrow Wilson went before Congress and demanded that it "act now" to create the Federal Reserve System. His proposal set off a fierce debate. One of the plan's most strident critics, Representative Charles A. Lindbergh Sr., the father of the aviator, predicted that the Federal Reserve A...Read More
76% of Americans are living paycheck-to-paycheck … Roughly three-quarters of Americans are living paycheck-to paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday. Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency...Read More
Mark Carney: golden chance for return to prosperity beckons … Mark Carney has a golden opportunity to rescue Britain. The incoming Bank of England Governor has the Chancellor squarely behind him, a public desperate for new ideas to bolster the recovery, and a suite of powers to make rival central bankers jealous. With no ties to the UK, he doesn't need to curry political favour or burnis...Read More
The Federal Reserve's Framers Would Be Shocked … ONE hundred years ago today, President Woodrow Wilson went before Congress and demanded that it "act now" to create the Federal Reserve System. His proposal set off a fierce debate. One of the plan's most strident critics, Representative Charles A. Lindbergh Sr., the father of the aviator, predicted that the Federal Reserve A...Read More
76% of Americans are living paycheck-to-paycheck … Roughly three-quarters of Americans are living paycheck-to paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday. Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency...Read More
At least 37 miners are dead and many injured after a gold mine collapsed in the Central African Republic.The collapse occurred inside a pit near Ndassima village on Sunday and was caused by heavy rainfall, Reuters reports."The toll of 37 is provisional as there were many injured," said Prosper Ndouba, a spokesman for the president's office.The republic is a major site for diamond and gold projects...Read More
BIS fears fresh bank crisis from global bond spike Soaring bond yields across the world threaten trillion of dollars in losses for investors and a fresh financial crisis unless banks are braced for the shock, the Bank Settlements has warned … Marcus Nunes from the Fundação Getúlio Vargas in São Paulo said the report "reeks of Austrianism", referring to t...Read More
The global middle class awakens … Marko Djurica Alper, a 26-year-old Turkish corporate lawyer, has benefited enormously from Prime Minister Recep Tayyip Erdogan's rule. He is one of millions of young Turks who rode the country's economic boom to a lifestyle his grandparents could scarcely imagine. Yet he loathes Erdogan, participated in the Taksim Square demonstrations and is taking...Read More