19 December, 2014 by The TZ Newswire Staff Comments Off on The Annotated History Of Russian Crises Since 1860
The Annotated History Of Russian Crises Since 1860
While the current episode of Russian geopolitical and economic turmoil may seem significant, the following chart from Goldman Sachs shows the tempestuous time the nation has had over the past 150 years…
click image for large legible version
19 December, 2014 by The TZ Newswire Staff Comments Off on I’m Not Buying It – Not The Wall Street Rip, Nor The Keynesian Rap
I’m Not Buying It – Not The Wall Street Rip, Nor The Keynesian Rap
Submitted by David Stockman via Contra Corner blog,
First comes production. Then comes income. Spending and savings follow. All the rest is debt…….unless you believe in a magic Keynesian ether called “aggregate demand” and a blatant stab-in-the-dark called “potential GDP”.
19 December, 2014 by The TZ Newswire Staff Comments Off on The Baltic Dry Index Has Never Crashed This Fast Post-Thanksgiving
The Baltic Dry Index Has Never Crashed This Fast Post-Thanksgiving
We are sure it’s nothing – since stock markets in China and The US are soaring – but deep, deep down in the heart of the real economies, there is a problem. The Baltic Dry Index has fallen for 21 straight days, tumbling around 40% since Thanksgiving Day.
19 December, 2014 by The TZ Newswire Staff Comments Off on Obama vows U.S. response to North Korea over Sony cyberattack
Obama vows U.S. response to North Korea over Sony cyberattack
President Barack Obama vowed on Friday to respond to a devastating cyberattack on Sony Pictures that he blamed on North Korea, and scolded the Hollywood studio for caving in to what he described as a foreign …
19 December, 2014 by The TZ Newswire Staff Comments Off on Exclusive: GM develops contingency plans in case Takata recalls widen
Exclusive: GM develops contingency plans in case Takata recalls widen
General Motors Co has developed contingency plans in case recalls of potentially lethal Takata-made air bag inflators widens, forcing the U.S. automaker to repair millions of vehicles, the company said …
19 December, 2014 by The TZ Newswire Staff Comments Off on Boeing on target for 787 deliveries, though costs are a concern
Boeing on target for 787 deliveries, though costs are a concern
Boeing Co has more than enough 787 Dreamliners in the production pipeline to meet its year-end delivery target of 110 aircraft, despite concerns a shortage of seats could cause the world’s biggest aircraft …
19 December, 2014 by The TZ Newswire Staff Comments Off on Former Chrysler Group expands Takata driver-side air bag recall globally
Former Chrysler Group expands Takata driver-side air bag recall globally
FCA US , the former Chrysler Group, on Friday expanded a U.S. regional recall of older cars with potentially defective driver-side Takata air bags to a global action, affecting more than 3.3 million vehicles. …