Hard hitting global and local news
The California hit parade keeps on rolling as yet Another California city scrambles to avoid bankruptcy . Atwater, a city of roughly 28,000 in California’s Central Valley, may declare a fiscal emergency as soon as next week, but it is trying to avoid becoming the fourth California city to file for municipal bankruptcy this year, its mayor said.
Read More: Real Per Capital "Core" Durable Goods Orders
Bloomberg reports Orders for U.S. Goods Excluding Transportation Unexpectedly Drop Orders for goods meant to last at least three years, excluding volatile demand for such things as airplanes and automobiles, fell 1.6 percent last month after a greater-than- previously estimated 1.3 percent decrease in July, the Commerce Department reported today in Washington.
Read this article: Reader from Netherlands Says Last Election Not as Pro-Euro as Media Portrays; 81 in 150 Against More…
Excerpt from: French Unemployment Tops 3 Million, First Time Since 1999
See the article here: Is China Burning? Shanghai Stock Index Breaks 2000 For First Time Since 2009; Reflections on Sentiment
Continued here: Firebombs, Teargas, Riots Near Greek Parliament; 57% Say Greece Should Abandon Pledges Made to Troika
Reuters reported in their article, " Syrian rebels bomb security building in Damascus :"Â Protection for "liberated" areas would require no-fly zones enforced by foreign aircraft, which could stop deadly air raids by Assad’s forces on populated areas. But there is little chance of securing a Security Council mandate for such action given the continuing opposition of veto-wielding members Russia and China.