Hard hitting global and local news
Argentina "Determined to Default" Second Time Background: Argentina defaulted on bonds following a debt crisis in 2001-2002. 92% of the investors agreed to haircuts, but a vulture fund picked up an 8% share at rock bottom prices and refused to negotiate. In June, the US Supreme Court ruled that Argentina Cannot Selectively Default on the small group of hold-outs.
Follow this link: Stigma for fossil fuel companies, the reverse for the churches that dump them
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First, please consider the New York Times article Chinese Recovery On Paper . The National Bureau of Statistics in Beijing announced on Wednesday that economic growth climbed 7.5 percent in the second quarter, compared with a year earlier. But independent surveys of businesses across China show that in sector after sector, sales and confidence are still deteriorating.“All of them are pointing in the opposite direction from this supposed G.D.P
Excerpt from: Did the Rebels Have a Buk System? How About a Working One? Flight Diverted Over Restricted Space?
US Senator John McCain, who had been standing in Kiev on stage with Neo-Nazis of the Svoboda Party shortly before they overthrew the elected government of President Viktor Yanukovych, stated in an NBC interview : "To leap to conclusions could be very embarrassing and really inappropriate until we have more information," he told NBC’s Andrea Mitchell. "But there have been, as you mentioned, previous incidents of shot down of Ukrainian aircraft.
Please consider the fate of Siberia Airlines Flight 1812 Siberia Airlines Flight 1812 crashed over the Black Sea on 4 October 2001, en route from Tel Aviv, Israel to Novosibirsk, Russia. The plane, a Soviet-made Tupolev Tu-154, carried an estimated 66 passengers and 12 crew members. No one on board survived
click on chart for sharper image Questions of the Day Did the US dollar rise because of what Yellen said or in spite of what Yellen said? Was the move based on wholesale prices or other economic data, as opposed to anything Yellen said? What about none of the above?