14 July, 2015 by The TZ Newswire Staff Comments Off on BOJ keeps policy steady, trims GDP forecast
BOJ keeps policy steady, trims GDP forecast
The Bank of Japan kept monetary policy steady and largely maintained its upbeat inflation forecasts on Wednesday.
14 July, 2015 by The TZ Newswire Staff Comments Off on ViCHY 2.0
ViCHY 2.0
14 July, 2015 by The TZ Newswire Staff Comments Off on China’s economy expands at 7% pace in Q2, beating forecasts
China’s economy expands at 7% pace in Q2, beating forecasts
China’s economic growth held steady at an annual pace of 7% in the second quarter, narrowly topping estimates of 6.8%. Retail spending and investment both faltered.
14 July, 2015 by The TZ Newswire Staff Comments Off on Freedom Or The Slaughterhouse? The American Police State From A To Z
Freedom Or The Slaughterhouse? The American Police State From A To Z
Submitted by John Whitehead via The Rutherford Institute,
“Who needs direct repression when one can convince the chicken to walk freely into the slaughterhouse?”—Philosopher Slavoj Žižek
14 July, 2015 by The TZ Newswire Staff Comments Off on China’s economic pulse steadies as Q2 growth surprises
China’s economic pulse steadies as Q2 growth surprises
China’s economic pulse may be steadying, with second-quarter GDP growing 7.0 percent, a tad above forecasts.
14 July, 2015 by The TZ Newswire Staff Comments Off on "Everything Is Awesome" In China – Retail Sales, Industrial Production, & GDP All Mysteriously Crush Expectations
"Everything Is Awesome" In China – Retail Sales, Industrial Production, & GDP All Mysteriously Crush Expectations
Retail Sales increased 10.6% YoY (smashing expectations of a 10.2% YoY Gain); Industrial Production rose 6.8% (crushing expectations of a 6.0% YoY gain); and the big daddy of goalseeked data, China GDP managed to rise 7.0% (comfortably beating expectations of just 6.8% but still the lowest since Q1 2009).
14 July, 2015 by The TZ Newswire Staff Comments Off on De-Dollarization – Mapping The Ruin Of A Reserve Currency
De-Dollarization – Mapping The Ruin Of A Reserve Currency
The dollar has been a stalwart of international trade over the majority of the last century. Around the time of the formation of the Eurozone, it reached its recent peak at 71.0% of official foreign exchange reserves. Since then, its composition of global reserves has more recently dropped to a more modest 62.9% in 2014.
However, the dollar is slowly losing its status as the world’s undisputed reserve currency.