6 February, 2017 by The TZ Newswire Staff Comments Off on Get Rich Or Die Tryin’ – The Remix: 50 Cent Emerges From Bankruptcy Protection
Get Rich Or Die Tryin’ – The Remix: 50 Cent Emerges From Bankruptcy Protection
Following a rough 1.5 years living under the scrutiny of a Connecticut chapter 11 bankruptcy judge, Curtis Jackson III (a.k.a. “50 Cent”) has finally emerged from bankruptcy after repaying $22 million to creditors. After reaching a settlement with creditors last summer to repay his debts over the course of 5 years, 50 Cent used $8.7 million of his own cash plus another $13.7 million from a malpractice settlement with his former lawyers to repay his creditors about 4 years ahead of schedule.
6 February, 2017 by The TZ Newswire Staff Comments Off on NZ 2 year inflation expectations for Q1: 1.92% (prior 1.68%)
NZ 2 year inflation expectations for Q1: 1.92% (prior 1.68%)
New Zealand data on expectations for inflation one and two years out
NZD surging
– higher inflation expectations are viewed as an input for the RBNZ interest rate setting decision process – this will be input arguing in favour of a rate hike
The one-year expectation is at 1.56% (from 1.29% the previous quarter)
6 February, 2017 by The TZ Newswire Staff Comments Off on Canada At 150: Hate Crimes & The Chinese Question
Canada At 150: Hate Crimes & The Chinese Question
Submitted by Ng Weng Hoong via Asia Times,
As it turns 150 years old in 2017, Canada faces a surge in hate crimes amid growing nativist anger against Chinese migrants, Muslim refugees, and public officials for their alleged role in worsening the country’s socio-economic conditions, said community leaders and analysts.
6 February, 2017 by The TZ Newswire Staff Comments Off on IMF comments on Greece – no further fiscal consolidation needed
IMF comments on Greece – no further fiscal consolidation needed
IMF says Greece’s long-run growth projected to reach just under 1.0 percent
Headlines via Reuters
6 February, 2017 by The TZ Newswire Staff Comments Off on Lady Gaga’s Super Bowl roof jump and drones were pre-recorded
Lady Gaga’s Super Bowl roof jump and drones were pre-recorded
Lady Gaga’s Super Bowl roof jump and drones were pre-recorded
6 February, 2017 by The TZ Newswire Staff Comments Off on This Is What America’s Top Trading Partners Export To The US
This Is What America’s Top Trading Partners Export To The US
With concerns about protectionism rising, whether in the context of the Border Adjustment Tax or simple tariffs, Barclays has compiled a useful table summarizing what goods America’s top trading partners export to the US for – mostly cheaper – consumption, compared to domestically produced equivalents.
6 February, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.8604 (vs. yesterday at 6.8606)
PBOC sets USD/CNY central rate at 6.8604 (vs. yesterday at 6.8606)
The People’s Bank of China sets the yuan against the USD
– This is the ‘reference rate’
– USD/CNY can trade in a band plus or minus 2% of this rate for the day
USD/CNY basically unchanged at the mid rate today