Hard hitting global and local news
Alexis Tsipras politely blasted the alleged German " generosity " in a letter to the German newspaper Handelsblatt. (See Alexis Tsipras "Open Letter" to German Citizens Regarding Extend-and-Pretend Unserviceable Debt ). I happen to agree with that letter in entirety, even though I strong disagree with other Syriza positions.
Link: Voter Sentiment in Spain Shifts Towards Podemos in Growing Numbers
On February 3, the Wall Street Journal reported Australia Cuts Interest Rates to Record Low . Australia cut its benchmark interest rate to a record low of 2.25% Tuesday, joining a procession of central banks that have eased policy settings this year in response to the deflationary impact of tumbling oil prices.
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Read More: Black Market in Ukrainian Currency Masks True Extent of Decline; Banks Impose 30% Foreign Exchange Fee; Freely Floating…
See more here: Gallup CEO Calls 5.6% Unemployment Rate "The Big Lie": What’s a Realistic Unemployment Rate?
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Excerpt from: Total Construction Spending Weaker Than Expected; Residential Construction Spending in Contraction