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Echoing the opinion of Steen, please consider Investors may be fooling themselves about an ECB rate cut High hopes ride on the European Central Bank, which is set to make its latest monetary policy announcement on Thursday.
More: April 2013 Manufacturing ISM at a Glance; What do the Numbers Mean?
See the original post: Canada Goes After Bitcoin; Saskatoon Realtor Lists Home Priced in Bitcoins; Is Bitcoin a Money Laundering…
See more here: Is Capitalism Killing Our Morals and Economy?
Read the article: Jim Chanos: China: The Edifice Complex – Wine Country Conference Presentation
Buried in a transportation bill that President Obama signed on July 6, 2012, was a change to make it appear pension plans are better funded than they really are. The bill was called Map-21 "Moving Ahead for Progress in the 21st Century Act". Here is a catchy logo and stated goals.
More: US Unveils Iraq WMD "Curveball-Style" Lies Vs. Syria
Today’s spotlight is on China where Restaurant Owners Praise Robot Noodle Makers for Doing “A Good Job!†Noodle peelers should probably start looking for other things to do around the kitchen – there’s just no competing with these robots. Runguan’s robots peel noodle strips from a firm piece of dough and tosses them directly into boiling water “before diners’ eyes can follow the whole process.†While a cook doing the same job would make about 40,000 yuan ($6,400) per year, the robot cost just 10,000 yuan ($1,600)
According to the Bank of Spain and as reported by Libre Mercado , Spain’s GDP Drops at 2% Annualized Rate in First Quarter The Spanish economy fell 0.5% in the first quarter and declined 2% year on year, according to economic bulletin of the Bank of Spain , which estimates a fall of 4.5% of employment in the same period, two tenths less than in the previous quarter. The monetary authority notes that Spain continued the "contraction pattern" of activity in the first quarter, although at a "more muted" than in the final last year, where the GDP contracted by 0.8 % quarterly rate.