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Slight expansion of sales recorded in July Slowest fall in employment for over a year Further reduction in purchasing activity Summary French retailers signalled a return to growth in sales during July. Although modest, the month-on-month increase was the first recorded since March 2012. Sales were also marginally higher on an annual basis
Juergen Stark, former ECB chief economist (who resigned in 2011 over a dispute regarding bond purchases), says in an interview in Handelsblatt "The Euro crisis will worsen in late autumn" Via Google Translate A year ago, ECB chief Draghi announced plans to do anything to save the euro. The former ECB chief economist Juergen Stark considers this fatal. He fears that the ECB will soon have to support France with bond purchases
View article: Payroll Employment for Age Group 18 to 29 Shows Fewer Full-Time Employment "Regardless of Education"
Motor Vehicles and Parts +1.3% Non-Defense Aircraft and Parts +31.4% Defense Aircraft and Parts +18.7% Other Durable Goods +0.1% One quick glance at new orders will give you the "easily seen" look at the durable goods numbers. Although such analysis is "easily seen" not many bother
View the original here: General Obligation Bondholders Beware: Detroit Bankruptcy Affirmed, Governor Shielded From Lawsuits; Triumph of Math Over Unions
View article: Unions and Fundamental Freedoms: Two Upcoming U.S. Supreme Court Cases
Continue Reading: About that Austerity in Spain: There Isn’t Any
Visit site: Scranton Needs 117% Property Tax Hike to Balance Budget; Simple Truth: Scranton is Bankrupt
The EU did just that in an attempt to ‘filter’ the news to its own liking .
Denning says Milton Friedman is the The Origin Of ‘The World’s Dumbest Idea’ . No popular idea ever has a single origin. But the idea that the sole purpose of a firm is to make money for its shareholders got going in a major way with an article by Milton Friedman in the New York Times on September 13, 1970.