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Weekend Entertainment: Dr. Strangelove vs. Mario Draghi Posted by Michael Shedlock at 12:37 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice
Read More: Scathing Anti-West Editorial in German Handelsblatt; Reader Emails on "Small Price to Pay"
See original article: Ukraine Threatens to Block Gas to Europe; Bluff or Stupidity?
See the article here: Meet "McCashier" Your $15.00 Per Hour McDonald’s Worker Replacement
Taken from: Italy "Unexpectedly" Slips Back Into Recession
Housing Insanity Japanese Style: Record Number of Vacant Homes in Japan, Abe Wants to Stimulate Home Building Thanks to a rapidly aging population, record numbers of Japanese homes sit vacant according to the July 30, 2014 Asian Review report Vacant Homes in Japan Reach Record as Outlying Population Shrinks . A record 13.5% of all homes in Japan were unoccupied as of last October, reflecting an exodus from outlying regions of the country and a general aversion to used homes. Preliminary figures for a study on homes and land, conducted once every five years, were released on Tuesday by the Internal Affairs Ministry
Moscow May Force European Airlines to Fly Around Russia . Russian Prime Minister Dmitry Medvedev threatened on Tuesday to retaliate for the grounding of a subsidiary of national airline Aeroflot because of EU sanctions, with one newspaper reporting that European flights to Asia over Siberia could be banned. Low-cost carrier Dobrolyot, operated by Aeroflot, suspended all flights last week after its airline leasing agreement was cancelled under European Union sanctions because it flies to Crimea, a region Russia annexed from Ukraine in March
China Services PMI Lowest Since 2005 as Housing Slumps; Manufacturing Expands An interesting divergence is underway in China with manufacturing in expansion while the service sector is at the lowest reading since November 2005 according to HSBC China Composite PMI HSBC China Composite PMI™ data (which covers both manufacturing and services) signalled a third consecutive monthly expansion of Chinese business activity in July. That said, the rate of increase eased from June‟s 15-month high and was moderate overall.
