Hard hitting global and local news
Huffington Post author Zi-Ann Lum proclaims A Canadian City Once Eliminated Poverty And Nearly Everyone Forgot About It . Read the ridiculous hype and see if you can spot the obvious flaws. Ready
The English version El Pais asks Is it time for Spain to address its plummeting birth rate? Figures from the National Statistics Institute (INS) show there was a peak in 1944, with 23 births per 1,000 inhabitants. But that number bottomed out in 1998 when only nine births per 1,000 were reported.“We have seen an incredible decline in the birth rate, which has been cut by half since 1975, and this trend is here to stay,†says Andrés, of the University of Palencia
This was a Historic Result for the National Front but it does need follow-through next week. France’s far-right National Front party appeared on course for a historic victory in the first round of regional elections on Sunday, winning more than 30 per cent of the vote and delivering a stunning blow to the country’s traditional parties.
BIS Points Finger at Yellen, Draghi: Warns About "Unthinkably" Low Interest Rates, Bond Market "Dislocations" In it latest quarterly report, the BIS (Bank of International Settlements), pointed a direct finger at Fed chair Janet Yellen with an even bigger point at ECB president Mario Draghi.
Taken from: New Home Sales vs. Labor Force and Civilian Population; Factors Behind Decreasing Sales
Follow this link: Dollar Surges, Bonds Sink as ECB’s Rate Cut to -0.3% and Pledge of More QE Until March…
Link: Yellen Yap: Dollar Briefly Takes Out March High, Surging to Level Last Seen March 2003; For What It’s Worth
The Guardian reports, John McCain and Lindsey Graham call for 20,000 troops in Syria and Iraq . Two senior senators called on Sunday for Washington to nearly triple military force levels in Iraq to 10,000 and send an equal number of troops to Syria as part of a multinational ground force to counter Islamic State in both countries. McCain, chairman of the Senate armed services committee, recently proposed intervention in Syria by a European and Arab ground force backed by 10,000 US military advisers and trainers.
Read More: Thin Crowds, Subdued Shopping on Black and Blue Friday; Thanksgiving Shopping a Bust
Read the original post: Personal Income and Outlays: Income Hits Estimates, Spending Disappoints; Optimism Reins Supreme