Hard hitting global and local news
China Renews Commitment to Global Easing Party; US Tightening by Force Fresh on the heels of an ECB announcement of more QE and the further lowering of the excess reserve rate already at -0.2%, China Nervously Joins Global Easing Campaign .
Read the original: Mayor of Barcelona Prepares New Digital Local Currency
Existing Home Sales Up 4.7% Following Last Month’s 5% Decline; Home Price Weakness Existing home sales bounced this month, coming in just above the high end of Econoday Economists’ Estimates . Existing home sales bounced back very strongly in September, up 4.7 percent to nearly reverse the prior month’s revised decline of 5.0 percent, a decline that now looks like an outlier. The month’s annual sales rate, at 5.55 million, is just beyond Econoday’s top-end forecast and the second best reading of the recovery.
Turkish Prime Minister Ahmet Davutoglu now says Turkey Should Not Become ‘Concentration Camp’ for Migrants . Turkey wants fresh funding from the European Union in exchange for stopping migrants streaming to Europe but should not be expected to turn itself into a "concentration camp" for refugees, Prime Minister Ahmet Davutoglu said on Monday
View the original here: Merkel Seeks to "Europeanise" Border Controls; Emergency EU Meeting Called
147-22 Yes, month over month, states lost 22,000 jobs.
One relative bright spot is Amazon Hiring More than Penney’s, Walmart Combined . Leaving one widely watched holiday hiring forecast in the dust, Amazon (AMZN) said Tuesday that it will add 25 percent more seasonal workers this year, outpacing many of its bricks-and-mortar competitors who plan to keep hiring flat.
See more here: Socialist Finds 14 Flaws in Capitalism and Seeks Help to Fix Them; Mish 14 Point Rebuttal
Excerpt from: Rio Tinto’s Pilbara Mines Totally Driverless, Controlled 746 Miles Away
View article: Anti-Immigration Party Wins Swiss Election