December 23, 2015
Positive Side of Negativity
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Hard hitting global and local news
Hard hitting global and local news
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In the Wake of Podemos’ Unexpected "Victory"; Unsavory Demands; Expect New Elections Spanish mainstream political parties are reeling from the unexpected rise of Podemos. The radical left anti-austerity, eurosceptic party was sinking rapidly in the polls with a mere 16% of the projected vote a week ahead of the election.
See original article: Spanish Election: Two-party Dominance Ends; Rojoy’s PP Party Fails to Win Majority; Vote Buying Spanish Style; Fragile…
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See the original post: Industrial Production Declines Most in 3.5 Years, Down Eighth Time in Ten Months
Please consider The Liquidity Trap That’s Spooking Bond Funds . The debt world is haunted by a specter—of a destabilizing run on markets. Last week, this took on more form even if there weren’t concrete signs of panic
When Shipping Overcapacity Meets Falling Demand Posted by Michael Shedlock at 3:37 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
At an informal meeting ahead of last Friday’s official meeting, Russia and Iran Rejected the Saudi Proposal . Saudi Arabia has long insisted it would cut production only if fellow OPEC members and non-OPEC countries joined in. The report quoted a senior OPEC delegate as saying the Saudis would agree to cuts if Iraq freezes production rises and Iran and non-members such as Russia, Mexico, Oman and Kazakhstan contribute.