Hard hitting global and local news
Read More: EU Rules Bitcoin is a Currency, US Says Bitcoin is a Commodity; Which Side is Correct? What About…
Has the global economy stabilized in the last month? Of course not. Have the risks receded
Follow this link: Slovenia Calls on Army, Private Security Forces, Ponders Article 222 for EU Military Aid to Halt Flow…
Read the original: Regional Fed Reports Five for Five in Contraction; Texas Region Worsening, Richmond Negative Again
Reuters asks Why are Chinese Malls Closing if Consumption is Rising? Rising vacancy rates and plummeting rents are increasingly common in Chinese malls and department stores, despite official data showing a sharp rebound in retail sales that helped the world’s second-largest economy beat expectations in the third quarter. The answer to that apparent contradiction lies in the rising competition from online shopping and government purchases possibly boosting retail statistics.
View original post here: Gardner Business Index Shows Small to Medium Sized Businesses Struggling Most
China Renews Commitment to Global Easing Party; US Tightening by Force Fresh on the heels of an ECB announcement of more QE and the further lowering of the excess reserve rate already at -0.2%, China Nervously Joins Global Easing Campaign .
More here: IMF Prepared to Bless Yuan As Reserve Currency; Reason to Celebrate? Any Real Significance?
Read the original: Mayor of Barcelona Prepares New Digital Local Currency
Turkish Prime Minister Ahmet Davutoglu now says Turkey Should Not Become ‘Concentration Camp’ for Migrants . Turkey wants fresh funding from the European Union in exchange for stopping migrants streaming to Europe but should not be expected to turn itself into a "concentration camp" for refugees, Prime Minister Ahmet Davutoglu said on Monday