Hard hitting global and local news
Putin threw fat into the Ukrainian fire today by calling for Talks on Eastern Ukraine Statehood . The question at hand is" What precisely does Putin mean by "statehood"
Bloomberg reports France Asks for More Action From ECB to Correct Overvalued Euro . French Prime Minister Manuel Valls called for more action from the European Central Bank to lower the value of the euro, amid concerns the 18-nation region might be headed toward deflation.“The monetary policy has started to change,†Valls said today in a speech made at the Socialist Party’s summer school in La Rochelle, France.
Bloomberg reports EU Vows More Russia Sanctions If War in Ukraine Worsens . European Union leaders agreed to impose tougher sanctions on Russia, possibly targeting energy and finance, if the war in Ukraine worsens. Leaders early today gave the European Commission a week to deliver proposals for the penalties.
The Seattle Times discusses the fine print in Expanded Medicaid’s fine print holds surprise: ‘payback’ from estate after death With an estimated 223,000 adults seeking health insurance headed toward Washington’s expanded Medicaid program over the next three years, the state’s estate-recovery rules, which allow collection of nearly all medical expenses, have come under fire. Medicaid, in keeping with federal policy, has long tapped into estates. But because most low-income adults without disabilities could not qualify for typical medical coverage through Medicaid, recovery primarily involved expenses for nursing homes and other long-term care.
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Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional. His colleagues are smart, but they have a curious inability to see the holes that they dig for themselves
Today, the Wall Street Journal reported U.S. Consumer Spending Declines 0.1% in July .
Taken from: Japanese Household Spending Slumps 5.9%; Cries for More Monetary Stimulus
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