Hard hitting global and local news
Despite glowing reports of last minute Christmas sales, none of which I believed, December retail sales are best described as awful. Apparel was a standout, down 0.9%. The surprise here is that nobody blamed the weather.
Read the article: Terrorists Strike Indonesia Capital; Istanbul Suicide Bomber Entered Turkey as Refugee; Door Still Open
Lies and More Lies: Another Look at Obama’s State of the Union Address Posted by Michael Shedlock at 7:05 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 consumer conference board says Consumer Confidence Index Improves in December .
The LA Times reports Beer Merger will not bring Budweiser, Miller Under Same Roof . The world’s two biggest beer makers will join forces to create a company that produces almost a third of the world’s beer
Spectrum reports Uber Could Be First to Test Completely Driverless Cars in Public Uber CEO Travis Kalanick has made no secret about wanting robots to replace human drivers in his rideshare service—and now he’s found somewhere to develop them. Last month, the governor of Arizona, Doug Ducey, paved the way for the world’s first driverless taxis on public roads
The Wall Street Journal reports Turkey Blames Islamic State in Istanbul Attack .
Negative interest rates have had a new and unusual effect on taxing bodies in Switzerland: Swiss Canton Tells Taxpayers to Delay Settling Bills . Taxpayers in parts of Switzerland this year face an unusual request from fiscal authorities: please delay settling your bill until as late as possible
Excerpt from: Pigs at the Trough: Rating Agencies as Corrupt as Ever
Visit link: Investigating Claims "North Atlantic Trade Ground to a Halt, No Ships Moving"; The Real Shipping Story