Hard hitting global and local news
View the original here: Venture Capital Risk Taking and Cash Burn Rates Unprecedented Since 1999; 47% of Nasdaq in Bear…
A Financial Times headline portrays falling prices as a negative thing: Deflation Takes Shine Off Sales for Italy’s Shopkeepers .
Counting Sheep: French Government Faces Second No Confidence Vote in Six Months Second No Confidence Vote in Six Months In spite of the fact the Socialist party holds a majority of just 1 in the 577-seat lower house, French prime minister Manual Valls hopes to stabilize things with a Second No Confidence Vote in Six Months . Mr Valls could see a narrowing of his majority compared with the vote when he was first appointed prime minister at the end of March after a big socialist loss in local elections. Then he won by a margin of 306 votes to 239 against, with 26 abstentions.“Valls is politically and economically archaic
Please consider Almost Half of Wealthy Chinese Want to Leave . Nearly half of wealthy Chinese are planning to move to another country within the next five years, according to a new Barclays survey
Like toothless howling dogs, Eurozone Leaders Warn on Fiscal Rules , shortly after the French budget announcement.
View original post here: China Industrial Growth Slows, Power Generation Negative 1st Time in 4 Years; Stimulate Now, Crash Later
In spite of a massive fearmongering campaign by both Labour and Tories in the UK, Scots Independence Race Tightens Six Days Before Ballot . Scotland’s nationalists drew closer to the Better Together campaign in the latest poll on independence before the referendum, making the run-in to the Sept. 18 vote too close to call.
Please consider Gazprom, Lukoil Hit in New Round of Sanctions . The US dramatically expanded its sanctions against Russia on Friday by adding Gazprom, Europe’s leading energy provider, to the list of targeted companies, as it sought to ratchet up pressure on Moscow to step back from the war in Ukraine.
Excerpt from: Don’t Like the Rules? Then Ignore Them: Shoot First, Ask Questions Later
53% of Chinese Expect War With Japan Even with battles over energy, disputed islands, and recent militarism by Japan, one might not have expected this polling result: Majority in China Expect War with Japan . China and Japan are heading towards military conflict, according to a majority of Chinese surveyed on ties between the Asian powers in a Sino-Japanese poll. The Genron/China Daily survey found that 53 per cent of Chinese respondents – and 29 per cent of the Japanese polled – expect their nations to go to war.