23 August, 2014 by The TZ Newswire Staff Comments Off on 5 Companies Al Gore Thinks Are Doomed
5 Companies Al Gore Thinks Are Doomed
If we listened to Al Gore, we’d sell oil stocks ExxonMobil Corporation, Royal Dutch Shell, ConocoPhillips, Total, and BP, because these companies are littered with unburnable carbon assets, dooming their stocks.
23 August, 2014 by The TZ Newswire Staff Comments Off on Unemployed take their case to Fed officials at Jackson Hole
Unemployed take their case to Fed officials at Jackson Hole
Reginald Rounds was among those present at the Federal Reserve’s high-flying monetary conference here, enjoying the chance to button hole two top officials of the U.S. He was among a group of activists who gathered on the sidelines of the Fed’s annual symposium wearing green t-shirts with “What Recovery?” on the front and a chart depicting sluggish U.S. The coalition, consisting of more than 70 organizations, released an open letter to Fed officials earlier this week urging them to hold off on interest rate hikes until wages were rising more swiftly.
23 August, 2014 by The TZ Newswire Staff Comments Off on Japan’s labor market improving in face of challenges – BoJ’s Kuroda
Japan’s labor market improving in face of challenges – BoJ’s Kuroda
Japan’s labor market is showing “significant improvement,” though it still faces challenges including a large share of part-time workers in the service sector, Bank of Japan Governor Haruhiko Kuroda said on Saturday. Wage growth is critical to reverse deflation and for that to happen “it is necessary to have some kind of coordinated mechanism,” Kuroda said at a central banking conference here, adding that the Bank of Japan’s quantitative easing stimulus is helping Japan escape from a deflationary cycle of falling wages and demand.
23 August, 2014 by The TZ Newswire Staff Comments Off on Tighter Ukraine-Russian border key to peace: Merkel
Tighter Ukraine-Russian border key to peace: Merkel
‘There must be two sides to be successful. You cannot achieve peace on your own. I hope the talks with Russia will lead to success,’ Merkel said.
23 August, 2014 by The TZ Newswire Staff Comments Off on China’s Reaction: America Is A “Disgusting Thief Spying Over His Neighbor’s Fence”
China’s Reaction: America Is A “Disgusting Thief Spying Over His Neighbor’s Fence”
Submitted by Simon Black of Sovereign Man
China’s Reaction: America Is A “Disgusting Thief Spying Over His Neighbor’s Fence”
23 August, 2014 by The TZ Newswire Staff Comments Off on Market expectations for H2 2014
Market expectations for H2 2014
The summer is almost over again. Although meteorologically and astronomically speaking the season will last for a few more days or weeks, the better part of it is behind us and ultimately you could say the same about the financial markets. Everything is quiet on the surface, but the wider market is barely able to get ahead. This is also what we have seen all year: a few steps forward and a few steps back, but it is not going anywhere.