Hard hitting global and local news
Visit link: PPI Unexpectedly Declines Second Month; Another Big Decline Likely Next Month
Although denying that was his intention, European Commission President Jean-Claude Juncker Plans Deposit Guarantee Fund by 2024 .
Taken from: EU Pledged to Relocate 160,000 Refugees in One Year – Results So Far, 147 in Three Months
Excerpt from: Wholesale Trade Inventories Surge Led By Autos
China’s CPI is up a modest 1.3 percent year over year but Producer Prices Fall for 44th Month . China’s consumer inflation moderated again in October, while producer prices declined for the 44th straight month, as falling commodity prices and weak demand add to deflationary pressure.
Continued here: Robots Will Change World Beyond Recognition Says BoA; Automation Will Change Jobs More Than Kill Them Says McKinsey
In what should be perfectly obvious (but isn’t to Germany and Sweden), EU’s Refugee Policy Helps People Smugglers . Europe is running a “people-smugglers’ promotion programme†that is “massively overburdening†several countries, Austria’s foreign minister has warned.
Read the original: US Middle-Aged Whites With No College Education Dying at Shocking Rate
Factory Orders Sink 11th Time in 14 Months Factory orders decline once again, in line with the Bloomberg Consensus , but last month was also revised lower. New orders for the export-hit factory sector fell 1.0 percent in September for the 11th decline in 14 months with August revised 4 tenths lower to minus 2.1 percent. September orders for durable goods, initially posted in last week’s advance report, are unrevised at minus 1.2 percent, held down in part by a downswing in civilian aircraft but nevertheless showing wide weakness
Rising Trucker’s Pay, Falling Desire for Trucking Jobs Provide Reasons Self-Driving Trucks Will Reshape Industry Fewer and fewer people are willing to live the trucker’s life. This has created a shortage in drivers and in turn Rising Pay is Reshaping the Trucking Industry . The shortage of truck drivers in the U.S