STAFF NEWS & ANALYSIS
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May 04, 2016
In January, the Department of Housing and Urban Development announced grants totaling $1 billion in 13 states to help communities adapt to climate change, by building stronger levees, dams and drainage systems.One of those grants, $48 million for Isle de Je ...
May 04, 2016
Water shortages will deliver ‘severe hit’ to world by 2050 – World Bank … Global water shortages are taking their toll. The World Bank has issued a stark warning that the Middle East, Africa and Central Asia will receive a particularly “severe hit” ...
May 03, 2016
Leaked papers show ‘unsurprising’ TTIP disagreements: Dutch trade minister BusinessEurope May 2, 2016 The lack of agreement between the US and Europe on a controversial trade agreement is unsurprising, Dutch trade minister Lilian Ploumen said on Monda ...
May 03, 2016
But I have to say, it’s great, it looks like you’re really enjoying your last year of the presidency. Saw you hanging out with NBA players like Steph Curry, Golden State Warriors. That was cool. That was cool, yeah. You know it kinda makes sense, too, becau ...
May 03, 2016
Was it a blip, or a breakthrough? Scientists around the globe are revved up with excitement as the world’s biggest atom smasher — best known for revealing the Higgs boson four years ago — starts whirring again to churn out data that may confirm cautious ...
May 02, 2016
Scott Minerd, global chief investment officer of Guggenheim Partners, said on Wednesday it is a good time to dip into U.S. Treasuries in the wake of their sell-off. “It is impossible to get the timing of anything exactly right. You have to ask yourself, ...
May 02, 2016
The world will run out of fresh drinking water by 2050 because of the Western world’s meat centered diet, according to a secret report just released on WikiLeaks. Nestle executives, concerned about the company’s future in a world threatened by climate cha ...
May 02, 2016
Overall, the ongoing rise in supply would be adequate to satisfy the growth in oil demand in 2H14, resulting in a well-balanced market – OPEC Forecast, June 2014 (right before oil price collapse) Oil prices have plummeted 70 percent from highs in June 201 ...
April 29, 2016
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, wh ...
April 29, 2016
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 Obama ...
April 28, 2016
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. – Medi ...
April 28, 2016
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. – Telegraph ...
April 28, 2016
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 millio ...
April 27, 2016
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 isolatio ...
April 27, 2016
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 spokesperson ...
April 27, 2016
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 cou ...
April 26, 2016
Barack Obama and the end of the Anglosphere … When supporters of the Vote Leave campaign sketch out a future for Britain outside the EU, they often point to the Anglosphere of English-speaking nations — bequeathed by Britain’s imperial past. So Barack Oba ...
April 26, 2016
White House poised to release secret pages from 9/11 inquiry … The Obama administration will likely soon release at least part of a 28-page secret chapter from a congressional inquiry into 9/11 that may shed light on possible Saudi connections to the attacker ...
April 26, 2016
For the next two days, the Committee that controls the world will be huddled in the ivory tower known as the Eccles Building in D.C. There, ten people will tediously examine the data, look at the forecasts, and weigh options for an economy with a GDP of $17 tri ...
April 25, 2016
2016 Campaign’s Populist Tone Rankles America’s CEOs … Chief executives at big American companies are increasingly frustrated by the populist tone of the presidential campaign, and concerns are mounting in boardrooms and corner offices that anti-busines ...
April 25, 2016
Washington Launches Its Attack Against BRICS … Washington is now disposing of the reformist President of Brazil, Dilma Rousseff … In Brazil, Washington has used corruption insinuations to get President Rousseff impeached by the lower house. Evidence is no ...
April 22, 2016
The Panama Papers are going to be made into a movie as Western anti-privacy propaganda grinds on. The Panama Papers comprise 11.5 million emails hacked from the computers of Mossack Fonseca, a provider of corporations, trusts, shell companies and other legal s ...
April 21, 2016
China’s Economic Recovery Masking Financial Risks, Fitch Says … Are We Heading Back Into China Markets Turmoil? … -Bloomberg ...
April 20, 2016
EU Has Meddled Too Much, Admits Boss Juncker … More The European Union meddles too much in people’s lives, according to its most senior official. In a significant admission, Jean-Claude Juncker said a lot of the laws made in Brussels should have bee ...
April 20, 2016
Proposed world children’s court would punish abuses, slavery … An international court should be set up to punish those responsible for child labor and other forms of abuse against children, former British Prime Minister Gordon Brown told the United Nati ...
April 19, 2016
For bull, no death throes … On Feb. 11, the day that the S&P 500 hit its correction low point, the financial press was filled with commentary from Federal Reserve Chairwoman Janet Yellen backing away from the possibility of four rate hikes in 2016 . The s ...
April 18, 2016
Britain and its European allies have announced new rules designed to be a “hammer blow” against tax evasion in direct response to the Panama Papers leak that exposed how the world’s richest and most powerful people hide their wealth from tax authorities. ...
April 18, 2016
Mexican Finance Minister Luis Videgaray called … proposal to force the country to pay for a wall along the U.S. border, or face economic consequences if it doesn’t, a kind of diplomatic harassment that’s doomed to fail … Diplomats are mobilizing to assi ...
April 15, 2016
John Kerry makes ‘gut-wrenching’ tour of Hiroshima peace park … First US secretary of state to visit atomic bomb memorial says site is ‘harsh reminder of threat of nuclear weapons.’ – CNN ...
April 14, 2016
Panama Papers reveal London as center of ‘spider’s web’ … As-well as shining a spotlight on the secret financial arrangements of the rich and powerful, the so-called Panama Papers have laid bare London’s role as a vital organ of the world’s tax-have ...
April 13, 2016
President Barack Obama and Federal Reserve Chair Janet Yellen discussed risks to the economy and progress from Wall Street reform during a rare meeting in the Oval Office on Monday, the White House said. -Reuters ...
April 12, 2016
Several hundred activists were arrested Monday afternoon during a sit-in on the steps of the U.S. Capitol to call for action on voting rights and campaign finance reform. The mass civil disobedience, part of a week-long Washington protest known as Democracy Spr ...
April 11, 2016
Revenge of the Vikings — Iceland Will Create Its Own Money … Iceland is taking the money back from the clutches of the private fractional reserve lending cartel. It’s happened before in history, and with great success, but it has also prompted a violent ...
April 08, 2016
The world is dotted with states and territories that make a specialty of providing services whose purpose is to facilitate ways to hide assets … Not all of what they do is illegal but so much of it is that the whole system needs changing. – Transparen ...
April 07, 2016
The $1 Trillion Short Underlying Stocks’ Spring … Short interest reaches highest level since 2008 despite gains … Level is contrarian bullish, sets up powerful rally, says BofA … A funny thing has happened in the U.S. stock market, where rather ...
April 06, 2016
IMF warns of emerging market risk to U.S. stock markets … Major emerging markets, led by China, are increasingly likely to spread fear to financial markets, leading to poor stock performance in the U.S. and other developed countries, the International Monet ...
April 05, 2016
A Warning for Gold Bugs: This Rally Won’t Last … Gold prices surged 16.5% in the first quarter … Gold investors should enjoy the party while they can. –Wall Street Journal This small article is incorrect in some big ways. It’s negative about gold desp ...
April 04, 2016
“By virtue of exchange, one man’s prosperity is beneficial to all others.” – Frédéric Bastiat. It remains one of the most powerful metaphors in economics. In 1850 Frédéric Bastiat gave the world the story of the broken window. The son of a s ...
April 04, 2016
NASA’s Bolden: Mars mission is ‘closer than ever’ … In the movie, “The Martian,” Matt Damon was a fictional astronaut stranded on Mars. In reality, the head of NASA says astronauts could set foot on the Red Planet within the next ...
April 03, 2016
Introduction: Anthony Wile is an active investor, business strategist and consultant, financial markets commentator, publisher and author. Having lived and worked in several leading financial centers around the world, he has established an international networ ...
April 01, 2016
Once in a while in our lives we come across a book or an article, perhaps an interview, that causes us to pause and really consider our positions on a particular topic, to question our conclusions and perhaps even adjust our way of looking at and thinking about ...
April 01, 2016
There’s A Huge New Corporate Corruption Scandal. Here’s Why Everyone Should Care. Bribery fuels political instability — and it’s a propaganda tool for terrorists. – Huffington Post ...
March 31, 2016
One promising new approach is to keep track of the vaccine myths circulating in cyberspace and rebut each one as it appears. This requires tracking information from search engines and following anti-vaccination websites and parents’ forums. – Economist ...
March 30, 2016
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 ...
March 29, 2016
… 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 wi ...
March 28, 2016
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 introdu ...
March 25, 2016
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 Oly ...
March 24, 2016
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 ...
March 23, 2016
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 Post ...
March 22, 2016
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 Telegraph ...
