Hard hitting global and local news
The Financial Times reports Turkey Shoots Down Russian Fighter Jet on Syrian Border . Vladimir Putin has accused the Turkish government of providing financial and military support to Isis, in a furious response to the downing of a Russian fighter jet near the Syria-Turkey border.
Link: Housing Rebound Didn’t Lift Economy as Much as Economists Expected: Why?; Six Questions for Zandi
SupplyChain247 asks Is the U.S.
View original post here: Terrorist Mastermind Killed in Raid; France Blames Belgium; Criticized Belgium Locks Barn Door Read
Philly Fed Slightly Positive After Two Months of Contraction, but New Orders and Shipments Negative, Workweek Collapsed In what likely amounts to a bit of economic noise, the Philadelphia Fed regional manufacturing report posted a rise of 1.9, slightly beating the economic consensus of 0. Unlike Monday’s Empire State report which is pointing to out-and-out weakness for the November factory sector, the Philly Fed’s November report is no worse than flat and points to little month-to-month change for a sector, however, that continues to struggle.
Please consider Putin Transformed from Outcast to Problem Solver at G20 .
Bloomberg notes Japan Enters Recession as Economy Contracts in the Third Quarter . Japan’s economy contracted in the third quarter on sluggish business investment, confirming what many economists had predicted: The nation fell into its second recession since Prime Minister Shinzo Abe took office in December 2012.
Visit link: PPI Unexpectedly Declines Second Month; Another Big Decline Likely Next Month
Read More: Bank of England Chief Economist Says "80 million US and 15 million UK Jobs to be Taken Over…
Although denying that was his intention, European Commission President Jean-Claude Juncker Plans Deposit Guarantee Fund by 2024 .