9 September, 2014 by The TZ Newswire Staff Comments Off on Russia Deputy PM: ‘Sanctions not good from any side’
Russia Deputy PM: ‘Sanctions not good from any side’
Economic sanctions against Russia are not good for the global economy, Russian Deputy Prime Minister Arkady Dvorkovich told CNBC.
9 September, 2014 by The TZ Newswire Staff Comments Off on IceCap Asset Management On Europe: "If You Exclude All The Debt, There’s No Debt Problem"
IceCap Asset Management On Europe: "If You Exclude All The Debt, There’s No Debt Problem"
Excerpted from Keith Dicker’s IceCap Asset Management,
Virtually every country in the world spends more money than they collect in taxes, and no group of countries has done a better job at this than those that formed the Euro-zone.
This collective group has so much debt, that a recent study by the Bank of International Settlements concluded it would take 20 consecutive years of surpluses to simply bring debt loads back to levels previously reached prior to the current crisis.
9 September, 2014 by The TZ Newswire Staff Comments Off on Gold In The USA
Gold In The USA
The United States has always had a love affair with the yellow metal. It all started in Stafford, Virginia in 1782, when Thomas Jefferson documented the first gold discovery himself. Since then, Americans have been searching for gold far and wide. The California Gold Rush brought hundreds of thousands of people to the West in search of new found wealth. Years later, many more ventured into Alaska’s wilderness to hit it rich. Even today, there is a modern gold rush in Nevada, where the five biggest gold mines (by contained oz) are located.
9 September, 2014 by The TZ Newswire Staff Comments Off on U.S. states probe Home Depot breach, senators seek FTC investigation
U.S. states probe Home Depot breach, senators seek FTC investigation
Two senators asked the federal government to investigate a data breach on the payment-card processing systems of Home Depot Inc (HD.N) and five U.S. The retailer has yet to say what was stolen, though experts fear the attackers may have gotten away with more than 40 million payment cards, which would exceed the number taken in last year’s unprecedented attack on Target Corp (TGT.N). Home Depot said customers who shopped at its stores as far back as April were exposed, meaning the breach extended for more than four months including the busy summer season.
9 September, 2014 by The TZ Newswire Staff Comments Off on Asia stocks take fright on Fed anxiety, dollar shines
Asia stocks take fright on Fed anxiety, dollar shines
Asian shares tumbled on Wednesday as markets wagered the Federal Reserve would raise interest rates earlier than expected, sending U.S. bond yields higher and keeping the dollar well bid near 14-month …
9 September, 2014 by The TZ Newswire Staff Comments Off on A Historic First: Bank Of Japan Monetizes Debt At Negative Rates
A Historic First: Bank Of Japan Monetizes Debt At Negative Rates
First, Europe infamously shifted to a NIRP and now Japan has begun NIRP monetization. As WSJ reports, Tuesday marked another milestone in the topsy-turvy world of monetary easing in Japan: The Bank of Japan bought short-term Japanese government debt at a negative yield for the first time.
9 September, 2014 by The TZ Newswire Staff Comments Off on 3 Reasons TJX’s Stock Could Rise
3 Reasons TJX’s Stock Could Rise
Thanks to its smart business model, rock-solid financial performance, and abundant opportunities for growth, TJX could deliver substantial gains for investors in the years ahead.