19 January, 2015 by The TZ Newswire Staff Comments Off on Propaganda & Fear-Mongering Works
Propaganda & Fear-Mongering Works
19 January, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: DreamWorks Animation cutting jobs
The Wall Street Journal: DreamWorks Animation cutting jobs
Layoffs are under way at DreamWorks Animation, The Wall Street Journal reports.
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19 January, 2015 by The TZ Newswire Staff Comments Off on Marc Faber: "The Only Way To Short Central Banks Is To Be Long Gold"
Marc Faber: "The Only Way To Short Central Banks Is To Be Long Gold"
Amid all the turmoiling on global financial markets over the last few months, one ‘asset’ has held up surprisingly well (to some).
19 January, 2015 by The TZ Newswire Staff Comments Off on ECB may unleash $635B QE aimed at staving off eurozone deflation
ECB may unleash $635B QE aimed at staving off eurozone deflation
ECB President Mario Draghi is expected to unveil a massive sovereign debt buying plan this week as he looks to steer the 18-member currency bloc away from deflation.
19 January, 2015 by The TZ Newswire Staff Comments Off on Oil slides 3% on China economy worries, record Iraq output
Oil slides 3% on China economy worries, record Iraq output
The world’s biggest energy consumer, China, faces significant downward pressure on its economy, its premier Li Keqiang was quoted by state radio as saying on Monday. China is expected this week to report growth slowing to 7.2 percent from a year ago, the weakest since the depths of the last global economic crisis. Data from China’s National Bureau of Statistics showed on Sunday house prices fell for a fourth straight month.
19 January, 2015 by The TZ Newswire Staff Comments Off on China housing inventories seen piling up in 2015 as supply grows
China housing inventories seen piling up in 2015 as supply grows
By Clare Jim HONG KONG (Reuters) – Nine out of 12 listed Chinese developers surveyed by Reuters said they will launch more housing projects in 2015 as they strive to meet sales targets and boost market …
19 January, 2015 by The TZ Newswire Staff Comments Off on Euro Climbs on ECB Skepticism as SNB Fallout Dents Dollar, Franc
Euro Climbs on ECB Skepticism as SNB Fallout Dents Dollar, Franc
The euro advanced the most in more than a month against the dollar amid speculation any additional stimulus measures announced by the European Central Bank at its policy meeting will fall short of analyst forecasts. The greenback also declined amid speculation traders, hurt by the Swiss National Bank’s decision to remove its trading limit against the shared currency, are paring the market risk they are prepared to take. The Danish central bank said it wouldn’t follow Switzerland abandoning its currency peg after it cut interest rates today. ECB policy makers will meet on Jan.