Hard hitting global and local news
Back in the States, the Financial Times reports US Poised to Become World’s Leading Liquid Petroleum Producer .
Vial translation from El Economista, Manufacturers and Retailers Warn of Another Consumption Slowdown . After a slight recovery in the first months of the year, stagnation set in since June, according to almost all employers and associations of producers and distributors
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See more here: Housing Early Warning Stress Indicator On Rise
More: Housing Prices, "Real" Interest Rates, and the "Real" CPI
For example and via translation from La Vanguardia, France Blames Deficit on Jihadist Terrorism, Lack of Inflation . French Prime Minister, Manuel Valls, said today that his country’s military missions against jihadist terrorism, along with public investment in education and security make it difficult to meet deficit limits
Financial Times writer Wolfgang Münchau provides an excellent example in Italy Debt Burden is a Problem For Us All . Münchau’s opening gambit is " We need extreme and co-ordinated policy to make it possible for Italy to ultimately stay in the eurozone. " Münchau states, " I think it is high time to address the consequences of failure with more clarity than is usually done
Read the original: The Moderate’s Prayer; Applications Now Being Taken; Distinguishing Friends From Enemies
Read More: Eurozone Composite Signals Slowdown; French Private Sector Output Decline 5th Month; German Manufacturing Approaches Stagnation
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