Hard hitting global and local news
Meet Yangyang Another Humanoid Robot A female humanoid robot " Yangyang ", named and modeled after her creator, has a variety of realistic facial expressions. "Yangyang" wows visitors at Beijing’s Global Mobile Internet Conference. The robot is modeled on one of the researchers who helped develop the technology.
Credit Yahoo!Finance for the inane headline of the day: Employers shrug off Obamacare, robbing Republicans of a campaign issue . Just 18 months ago, a Republican fantasy seemed about to come true. The Affordable Care Act was in the midst of a disastrous rollout plagued by dialup-stye technology snafus.
European 10-Year Bond Yields Spike Higher; Contagion Already?
On April 29 in Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details I commented "The second estimate of Q1 GDP comes out on May 29. Any number of changes could send Q1 negative." Here we are already
Pierre Moscovici, the European commissioner for economic affairs, warns Debt Talks on Hold Until Greece Agrees Reforms . Greece’s eurozone creditors will not discuss how to get the country’s sovereign debt back on a sustainable path until Athens agrees to a new economic reform programme that would release €7.2bn in desperately needed bailout funds, the EU’s economic chief said on Tuesday. Pierre Moscovici, the European commissioner for economic affairs, said debt issues “can only be discussed after we have agreed a reform programmeâ€
Many producers have approached Ron Paul about doing a documentary regarding Paul’s philosophical views. Until now, Ron Paul has turned down all such overtures. Empire of Lies I am pleased to report that Ron Paul just now authorized a long-time friend, Charles Goyette, to make that documentary
Using a Prechteresque term, Bill Gross Says the "Bull Market Super-Cycle is Nearing End" . The attempt by global central banks to cure a debt crisis with more debt doesn’t have much further to run, which will end a rally that’s lasted three and a half decades, the 71-year-old manager wrote in an investment outlook for Janus Capital Group Inc
The Local asks Robots About to Take Away 18 Million Jobs? The results of the [ING-Diba] study paint an almost doomsday-esque scenario for Germany.
Read the original post: Factory Orders Positive First Time in 8 Months, Remain Weak
Continue reading here: China Manufacturing PMI in Contraction: New Orders and Operating Conditions Decline at Strongest Rate in a Year