7 August, 2014 by The TZ Newswire Staff Comments Off on “Bail In Regime” Sees UK Banking System Downgraded To "Negative"
“Bail In Regime” Sees UK Banking System Downgraded To "Negative"
UK Banking System Downgraded To Negative Due To “Bail In Regime”
Bank of England plans to make bondholders and depositors bear the cost of bailing out failing banks has led Moody’s to downgrade its outlook on the UK banking sector.
7 August, 2014 by The TZ Newswire Staff Comments Off on Checkers Vs Chess: The Reason Europe Is Imploding On "Russian" Sanctions
Checkers Vs Chess: The Reason Europe Is Imploding On "Russian" Sanctions
The West’s leaders are full of lawyers, Putin is ex-KGB. If ever there was an example of him playing chess while the West plays checkers, the following chart is it. Despite Western protestations that its sanctions will hurt Russia more than Europe this morning, one look at Europe’s huge net trade balance with Russia for food and it’s clear who is really going to feel the pain.
7 August, 2014 by The TZ Newswire Staff Comments Off on Many US families feel economic stress: Fed
Many US families feel economic stress: Fed
25 percent of U.S. families feel they are under economic stress and most do not expect wages to rise in the next year.
7 August, 2014 by The TZ Newswire Staff Comments Off on Minimum-Wage Hikers Worst Enemy Spotted In China
Minimum-Wage Hikers Worst Enemy Spotted In China
For fast-food workers (and their unions) of the world, the following image is truly terrifying… As People’s Daily China reports, the first restaurant featuring robotic waiters and chefs has opened in Suzhou, Jiangsu…
7 August, 2014 by The TZ Newswire Staff Comments Off on Stocks Cede Early Gains As Iraq Moves To Front Burner
Stocks Cede Early Gains As Iraq Moves To Front Burner
When the market’s in a correction, it’s typical to see a strong open morph into a weak close. That’s exactly what happened Thursday as stocks erased early gains. The market got off to a decent start, cheered by an unexpected drop in weekly jobless claims. But that data point was offset by news that the U.S. was considering air strikes in Iraq. The Nasdaq rose 0.6% early but got turned away at its 50-day moving average.
7 August, 2014 by The TZ Newswire Staff Comments Off on Martin Armstrong Warns Italy’s Recession Means "The End Of Democracy"
Martin Armstrong Warns Italy’s Recession Means "The End Of Democracy"
Submitted by Martin Armstrong via Armstrong Economics,
7 August, 2014 by The TZ Newswire Staff Comments Off on Dollar stores bet on wider aisles, better food to boost popularity
Dollar stores bet on wider aisles, better food to boost popularity
Dollar stores want to win over middle America, so they’re stocking bigger name household brands, like Heinz and Kraft.