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Hard hitting global and local news
Yesterday, I received an email from Sal Khan, founder of the Khan Academy .
The Canadian dollar, affectionately known as the loonie because of a loon on the one dollar coin, has crashed vs. the US dollar. US Dollar vs
When Shipping Overcapacity Meets Falling Demand Posted by Michael Shedlock at 3:37 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
Huffington Post author Zi-Ann Lum proclaims A Canadian City Once Eliminated Poverty And Nearly Everyone Forgot About It . Read the ridiculous hype and see if you can spot the obvious flaws. Ready
The English version El Pais asks Is it time for Spain to address its plummeting birth rate? Figures from the National Statistics Institute (INS) show there was a peak in 1944, with 23 births per 1,000 inhabitants. But that number bottomed out in 1998 when only nine births per 1,000 were reported.“We have seen an incredible decline in the birth rate, which has been cut by half since 1975, and this trend is here to stay,†says Andrés, of the University of Palencia
BIS Points Finger at Yellen, Draghi: Warns About "Unthinkably" Low Interest Rates, Bond Market "Dislocations" In it latest quarterly report, the BIS (Bank of International Settlements), pointed a direct finger at Fed chair Janet Yellen with an even bigger point at ECB president Mario Draghi.
More: Trade Deficit Widens as US Exports Dip
Taken from: New Home Sales vs. Labor Force and Civilian Population; Factors Behind Decreasing Sales
ECB president Mario Draghi’s announcement today regarding more QE fell far short of the sky-high expectations of market participants. Draghi Recap ECB would continue its €60bn-a-month bond buying program for another 6 months until March 2017 “or beyondâ€
See the article here: Obama: "California Shooting Could be Terrorism"; Massive Weapons Arsenal Found; Suspects Radicalized in Trip to Pakistan