31 August, 2014 by The TZ Newswire Staff Comments Off on Qantas stays loyal to its frequent flyer ‘cash cow’
Qantas stays loyal to its frequent flyer ‘cash cow’
Australia’s flagship airline, Qantas Airways Ltd (QAN.AX), is making a mint helping other companies keep their customers – even as it struggles to retain the loyalty of its own. Hiding behind Qantas’ staggering A$2.8 billion ($2.6 billion) headline annual net loss announced last week is a hugely profitable loyalty program that is the envy of the airline world – and the carrier isn’t letting go. Some investors have urged Qantas to sell all or part of Qantas Frequent Flyer, which is valued as high as A$3 billion.
31 August, 2014 by The TZ Newswire Staff Comments Off on Inflation
Inflation
Submitted by Adam Taggart via Peak Prosperity,
For close to 300 years, inflation in the US remained very subdued. Small spurts occurred around major wars (Revolutionary, Civil, WW1, etc), but after each, inflation quickly trended back down to its long-term baseline. If you lived during this stretch of time, your money had roughly the same purchasing power your great-grandfather’s did.
31 August, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Kiev loses ground to Russian-backed rebels ahead of cease-fire talks
The Wall Street Journal: Kiev loses ground to Russian-backed rebels ahead of cease-fire talks
Ukrainian government forces lose more ground to Russian-backed separatists in heavy fighting in eastern Ukraine on Sunday, a day after European leaders threaten to impose more sanctions on Moscow if it doesn’t end its support for the rebels.
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31 August, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Caixabank to buy Barclays retail banking in Spain
The Wall Street Journal: Caixabank to buy Barclays retail banking in Spain
Caixabank agrees to buy Barclays’s retail banking division in Spain as the British bank scales back its presence in less-profitable markets.
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31 August, 2014 by The TZ Newswire Staff Comments Off on The Intersection Of Church And State – In One Chart And 44 Bubbles
The Intersection Of Church And State – In One Chart And 44 Bubbles
Curious what the political positions are of the various, and all too numerous some would say, religions and churches in America? This new graph, courtesy of Tobin Grant, maps the ideologies of 44 different religious groups using data comes from Pew’s Religious Landscape survey. This survey included 32,000 respondents. It asked very specific questions on religion that allow us to find out the precise denomination, church, or religion of each person.
31 August, 2014 by The TZ Newswire Staff Comments Off on Weak data to test BOJ’s rosy economic view, policy on hold
Weak data to test BOJ’s rosy economic view, policy on hold
While the BOJ is likely to stick to its assessment that the economy is recovering moderately, pessimists on the board may propose offering a bleaker view on components such as factory output, say sources familiar with the bank’s thinking. “It’s pretty clear from data out so far that the economy is undershooting the BOJ’s forecast,” said Yoshiki Shinke, chief economist at Dai-ichi Life Research Institute. The BOJ cut its assessment on exports earlier this month to say they were “weakening” but left intact its view that factory output, while also weakening, continues to “rise as a trend”.
31 August, 2014 by The TZ Newswire Staff Comments Off on These Clowns Are Dragging Us Into War
These Clowns Are Dragging Us Into War
From Raúl Ilargi Meijer of The Automatic Earth
Jack Delano Workman at Chicago & North Western repair shops, Chicago, IL Dec 1942
These Clowns Are Dragging Us Into War