22 March, 2016 by The TZ Newswire Staff Comments Off on US issues Europe travel alert after Brussels attacks
US issues Europe travel alert after Brussels attacks
The travel alert, which expires on June 20, advised U.S. citizens to exercise vigilance when in public places or using public transportation.
22 March, 2016 by The TZ Newswire Staff Comments Off on Mystery Man Behind $100 Million Central Bank Heist Revealed As Bangladesh Moves To Sue Fed
Mystery Man Behind $100 Million Central Bank Heist Revealed As Bangladesh Moves To Sue Fed
Bangladesh is not pleased with the NY Fed.
One Friday in early February, hackers who had apparently been stalking the Bangladesh central bank for at least two weeks bombarded the Fed with requests for transfers of nearly $1 billion from the country’s FX reserves.
The good news: the vast majority of that total was not transferred. The bad news: $100 million of it was and of that $100 million, more than $80 million is still missing.
22 March, 2016 by The TZ Newswire Staff Comments Off on ANZ say the Reserve Bank of Australia now on hold – no more cuts
ANZ say the Reserve Bank of Australia now on hold – no more cuts
ANZ forecasts the RBA is on hold for the rest of this year and through 2017
ANZ cites;
– economy on firmer footing
– Global risks dissipating
– Domestic economy likely to continue to be a slow grind
–
22 March, 2016 by The TZ Newswire Staff Comments Off on China margin lending rates cuts … a ‘normal adjustment’
China margin lending rates cuts … a ‘normal adjustment’
A cut in margin lending rates is not an indication that regulators are encouraging leveraging
– But rather reflects normal adjustments based on interest rate reductions and changes in fundamentals
MNI with the story, from a report in the China Securities Journal (a front-page report)
22 March, 2016 by The TZ Newswire Staff Comments Off on Greek Border Desperation: 2 Refugees Self-Immolate Over ‘Concentration Camp’ Conditions
Greek Border Desperation: 2 Refugees Self-Immolate Over ‘Concentration Camp’ Conditions
Just days after Greek Interior Minister Panagiotis Kouroumplis compared the nation’s refugee camps to WW2 concentration camps, saying “I wouldn’t hesitate to say that this is a modern Dachau,” KeepTalkingGreece reports two men poured gasoline on their clothes and set them on fire on Tuesday morning to protest the appalling conditions at Idomeni camp and the closure of the borders.
22 March, 2016 by The TZ Newswire Staff Comments Off on Just 3 Charts
Just 3 Charts
Earlier today Fed President Evans said this “I think the economic fundamentals [of the US] are really quite good.” As the following three charts show, there is only one thing that looks “quite good” and it is not ‘economic fundamentals’…
Federal Reserve Bank of Chicago President Charles Evans says “we expect 2016 growth will be 2 to 2.5 percent and I think the fundamentals are really quite good for the economy going forward.”
22 March, 2016 by The TZ Newswire Staff Comments Off on Rubio’s Failure: How Our Broken Economy Fuels Voter Rage
Rubio’s Failure: How Our Broken Economy Fuels Voter Rage
Submitted by Hunter Lewis via The Mises Institute,
Rubio post-mortems miss the point. In the end, it is just more fall-out from crony capitalism.