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More here: Italian Banks Need Extra $57 Billion for Loan Loss Reserves, 18% of Loans Non-Performing
A new Gallup survey shows Many Baby Boomers Reluctant to Retire . True to their "live to work" reputation, some baby boomers are digging in their heels at the workplace as they approach the traditional retirement age of 65
Target Drops Healthcare Coverage for Part-Time Workers, Claims No Reduction in Hours; Thank Your Employer? Obamacare does not mandate healthcare coverage for part-time employees (defined as those working less than 30 hours a week)
Originally posted here: China Abandons Disastrous Cotton Stockpiling Program; Lessons Not Learned; What About Stockpiling Money?
Via translation from Les Echos , please consider Air Traffic Controllers Strike Again in Late January Air traffic controllers are on strike from January 27 to 31, with a black day 29. They oppose a proposed Brussels lower royalties. Three months after strike against the plans of the European Commission for the "Single European Sky", the French air traffic controllers will strike again, for the same reasons, from 27 to 31 January
More: Bottom 5 States in Fiscal Condition: New Jersey, Connecticut, Illinois, Massachusetts, California
Original post: SYRIZA Surges in Greek Polls, Would Win Election if Held Today; Message People Want to Hear; Contagion Guarantee
Continue reading here: Canada Housing Bubble: Far Too Late for Warnings; Rule of Predictions
Read the original post: Christine Lagarde Warns of Lord Voldemort, Hopes to Put Deflation Ogre in a Bottle
Via translation from El Economista please consider Most of the public debt held by banks not penalized in the stress test . What looked like was going to be a strict stance of the European Central Bank (ECB) regarding sovereign debt portfolios of financial institutions, is not so