22 February, 2015 by The TZ Newswire Staff Comments Off on Exclusive: China’s Wanxiang to rebrand Fisker as Elux – sources
Exclusive: China’s Wanxiang to rebrand Fisker as Elux – sources
Chinese auto parts maker Wanxiang Group will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux, two sources familiar with the plan said Sunday. Wanxiang, which acquired the assets of California-based Fisker Automotive a year ago in a U.S. bankruptcy auction, had hoped to revive the Karma this year. The revised version of the Karma will be renamed Elux Karma and the Fisker name will be dropped, said the sources, who asked not to be named because they were not authorized to speak for Wanxiang.
22 February, 2015 by The TZ Newswire Staff Comments Off on Japan Inc sees no need for 2 percent inflation or more easing: Reuters poll
Japan Inc sees no need for 2 percent inflation or more easing: Reuters poll
Japan Inc sees no need for an aggressive pursuit of a 2 percent inflation goal or additional monetary easing, a Reuters poll showed – a stance that supports the central bank’s recent softer tone on achieving its consumer price target in the near future. Analysts, however, expect the Bank of Japan to embark on more stimulus later this year, topping up its latest round launched in October, to support economic growth and ensure rises in inflation, a separate Reuters poll showed this month.
22 February, 2015 by The TZ Newswire Staff Comments Off on Paul Craig Roberts: The Cancer Of Financial Repression (And Why You Can’t Do Anything About It)
Paul Craig Roberts: The Cancer Of Financial Repression (And Why You Can’t Do Anything About It)
Submitted by Gordon T.Long via Macro Analytics,
Dr. Paul Craig Roberts is extremely meticulous in examining the central problems facing America and the developed economies today. You may not like nor agree with what he says but there is little double as a former high level Treasury official, academic professor and Wall Street Journal editor, that he knows what he is talking about.
FINANCIAL REPRESSION
22 February, 2015 by The TZ Newswire Staff Comments Off on Heart of Darkness (Can we learn anything from Pitcairn Island?)
Heart of Darkness (Can we learn anything from Pitcairn Island?)
Here’s The Telegraph:
Land is free and plentiful, the weather is good and there would be little chance of confrontation with the neighbours.
Yet almost nobody wants to wants to move to Pitcairn, the tiny Pacific island that was settled by mutineers from HMS Bounty.
22 February, 2015 by The TZ Newswire Staff Comments Off on Silicon Valley: Pao vs Perkins heads to trial
Silicon Valley: Pao vs Perkins heads to trial
In Silicon Valley, a high-profile suit set to go to trial this week on whether one woman suffered discrimination, the NYT reports.
22 February, 2015 by The TZ Newswire Staff Comments Off on There Are Crazy Valuations, and Then There Are the Valuations of These 3 Stocks
There Are Crazy Valuations, and Then There Are the Valuations of These 3 Stocks
Some stocks trade at such high valuations that it’s tough for even the most optimistic investors to justify them. Here are three examples.
22 February, 2015 by The TZ Newswire Staff Comments Off on This European Nation’s Poverty Rate Just Hit A Record High (Spoiler Alert: Not Greece)
This European Nation’s Poverty Rate Just Hit A Record High (Spoiler Alert: Not Greece)
For the last few years – and most especially the last few months – all eyes have been focused on Greece. From record poverty rates to record suicide rates and levels of youth unemployment, post-election emboldened hopes for a phoenix-like rebirth of a nation from the flames of Eurogroup repression were seemingly dashed on Friday. However there is another nation, that begins with the letter ‘G’ and that is at the heart of the EU-Greece talks that is suffering seemingly silently.