1 September, 2014 by The TZ Newswire Staff Comments Off on Hollande, Draghi agree on threat of deflation: official
Hollande, Draghi agree on threat of deflation: official
French President Francois Hollande and European Central Bank chief Mario Draghi agreed on Monday that deflation and weak growth were threatening the European Union’s economy, an official in the president’s office said. Draghi called last week for greater emphasis on fiscal stimulus over austerity – comments that irritated German leaders but were welcomed in France because they hinted at a shift away from a current emphasis on budgetary austerity.
1 September, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: China gives Microsoft 20 days to explain problems
The Wall Street Journal: China gives Microsoft 20 days to explain problems
Chinese officials give Microsoft a deadline to explain what they call compatibility and bundling issues with its software, putting pressure on the software maker as it faces an antitrust probe into its business practices in the nation.
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1 September, 2014 by The TZ Newswire Staff Comments Off on USDJPY (And Nikkei) Surge Higher as Japanese Car Sales Collapse To 3-Year Lows
USDJPY (And Nikkei) Surge Higher as Japanese Car Sales Collapse To 3-Year Lows
And for tonight’s menu of disastrous Japanese economic data, we have (drum roll please)… Auto sales. Overall auto sales fell 9.1% YoY to 333,471 – the lowest in 3 years. Minicars dropped a stunning 15.1% YoY according to the Japanese auto dealers association. The response – rather obvious by now – to this terrible news… a 35 pip vertial ramp in USDJPY which can mean only one thing – the Nikkei 225 rallied 150 points… On a side note, following disappointing PMIs, China fixed the Yuan at 4-month lows.
Car Sales collapse….
1 September, 2014 by The TZ Newswire Staff Comments Off on The 3 Most Important Questions About Social Security
The 3 Most Important Questions About Social Security
Navigating the Social Security system is easier said than done. Here are the answers to three questions that should make it easier.
1 September, 2014 by The TZ Newswire Staff Comments Off on China’s Li Ning stumbles from gold medal position to no man’s land
China’s Li Ning stumbles from gold medal position to no man’s land
In 2010, former Chinese gymnast Li Ning led a surging $4 billion sportswear business, a gold-medal pinnacle echoing his victories at the 1984 Olympic Games. Now, the Li Ning (2331.HK) business is more reminiscent of the ex-sportsman’s exit from the 1988 Olympics without a podium finish. As customers have turned to aspirational global brands like Nike Inc (NKE.N) or cheaper local firms, Li Ning has racked up heavy losses, losing four-fifths of its market value.
1 September, 2014 by The TZ Newswire Staff Comments Off on Ron Paul: Perhaps Obama’s "Lack Of Strategy Is A Glimmer Of Hope"
Ron Paul: Perhaps Obama’s "Lack Of Strategy Is A Glimmer Of Hope"
Submitted by Ron Paul via The Ron Paul Institute for Peace and Prosperity,
1 September, 2014 by The TZ Newswire Staff Comments Off on To Everyone Saying Russia Is "Isolated", Here’s A Map
To Everyone Saying Russia Is "Isolated", Here’s A Map
While NATO is happy to provide Russia with geographical advice, we thought the following map of “the world” will help explain President Obama’s increased use of the term “isolated” when it comes to Russia…
