August 9, 2013
When Will Spanish Banking System Collapse?
With that backdrop, please consider Will Portugal Bring Down the Spanish Banking Sector?
Hard hitting global and local news
Hard hitting global and local news
With that backdrop, please consider Will Portugal Bring Down the Spanish Banking Sector?
Continue Reading: Ambrose Evans-Pritchard’s Disingenuous Strawman "Defend Europe, If You Still Dare"
See original article: US Consumer Spending Flat Since March – Gallup
The above link is from the Fox News story Army won’t suspend contracts with Al Qaeda-tied companies, citing ‘due process rights’ In a scathing passage of his latest report to Congress, Special Inspector General John Sopko said his office has urged the Army to suspend or debar 43 contractors over concerns about ties to the Afghanistan insurgency, "including supporters of the Taliban, the Haqqani network and al Qaeda." Sopko wrote that the Army "rejected" every single case. Sopko pointed out the apparent disconnect between one part of the Army that is killing insurgents and the other part that allegedly is doing business with them
Magazine Ad Revenues Plunge; Google Collects Half of Mobile Internet Ads; Cannibalization of Ad Market Is the advertising pie growing, shrinking, or simply being redistributed? Let’s start with a look at PEW Center research that shows News magazines hit by big drop in ad pages
The latest news from RoboHub shows World’s lightest and thinnest circuits pave the way for ‘imperceptible electronics’ .
I am normally critical of IMF forecasts, but their baseline unemployment projection for Spain of 25% or more with no more than .6% annual growth through 2017 seems reasonable. The pessimistic scenario is a toxic deleveraging downward spiral that continues right now. The optimistic scenario assumes 2% growth, but that scenario does not start until 2018, and only if labor reforms in Spain and Europe take place
Initial Reaction The establishment survey showed a gain of 162,000 jobs. The previous two months were revised lower
Visit link: Treasury Yields Surge Following Allegedly Good Data; Is Bernanke Getting the Message?
See more here: Economic Recovery in Spain? Tax Collections, Retail Sales Prove Otherwise