3 February, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: U.S. Soccer sues world champion women’s team in labor dispute
The Wall Street Journal: U.S. Soccer sues world champion women’s team in labor dispute
The U.S.
3 February, 2016 by The TZ Newswire Staff Comments Off on Hedge Funds Fight The PBOC: There Can Be Only Yuan
Hedge Funds Fight The PBOC: There Can Be Only Yuan
With every Tom, Dick, and Harry hedge fund manager now taking on The People’s Bank of China (in various ways), it is no surprise that the spread between offshore Yuan and onshore Yuan blew out to its widest in 3 weeks this morning.
They are not getting it all their way for now though.
3 February, 2016 by The TZ Newswire Staff Comments Off on Shale Shock: Another Leg Lower In Oil Coming After Many Producers Found To Have Far Lower Breakevens
Shale Shock: Another Leg Lower In Oil Coming After Many Producers Found To Have Far Lower Breakevens
One of the great unknowns facing the US shale industry, and threatening the recurring rumors of its imminent demise, is how it is possible that despite the collapsing number of oil wells, and despite the plunge in crude prices which supposedly are well below all-in shale production costs, does production not only refuse to decline, but in fact has been largely increasing in the past 6 months, with just a modest decline in recent weeks.
3 February, 2016 by The TZ Newswire Staff Comments Off on How Corruption Cripples America’s Military
How Corruption Cripples America’s Military
Authored by Eric Zuesse,
America’s military budget is roughly 7.2 times that of Russia ($610 billion compared to $84.5 billion), but even Western news-accounts are saying that the weaponry produced in Russia is superior overall to the weaponry produced in the United States.
3 February, 2016 by The TZ Newswire Staff Comments Off on GoPro rivals ready to pounce on wounded giant
GoPro rivals ready to pounce on wounded giant
As GoPro struggles with declining sales, its rivals are waiting for their chance to shine.
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3 February, 2016 by The TZ Newswire Staff Comments Off on PBOC Strengthens Yuan By Most In 2 Months As Golden Week Looms
PBOC Strengthens Yuan By Most In 2 Months As Golden Week Looms
With just one more day of trading before China’s lunar new year and Sping Festival Golden Week holiday, it appears The PBOC wants to flex its intervention muscles. By strengthening the Yuan fix by 0.16% (the most in 2 months) to 1-month highs, it seems China is trying to send a message before it practically closes for a week…
Of course today’s USD collapse is not going to help their ‘devaluation’ case…
3 February, 2016 by The TZ Newswire Staff Comments Off on GoPro defiantly ‘doubling down’ despite dismal performance
GoPro defiantly ‘doubling down’ despite dismal performance
GoPro Chief Executive Nicholas Woodman said GoPro is “doubling down” after a dismal holiday quarter, with a new Hero5 camera, revamped software to edit and upload video, and reiterating that the company would launch its Karma drone in the first half of the year and a virtual-reality rig in the summer.
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