Hard hitting global and local news
From the Buena Vista School District Website : 3. Teachers have offered to work for free until Friday, May 10. Why did the District lay them off?
The Financial Times reports France contracts in 1st quarter as Germany returns to growth French GDP shrank by 0.2 per cent in the first quarter, the same rate of decline as the final three months of 2012, according to Insee, the national statistics office. Investment, measured by gross fixed capital formation, remained weak, falling a further 0.9 per cent after 0.8 per cent in the fourth quarter. Exports fell and construction output fell
Read the article: UK Does Not Need EU or Vice Versa; Problem Entirely in Cameron’s Head
In case you missed it, please note that all of the presentations at the Wine Country Conference have now been posted. They are about 45 minutes each except for my short opening remarks.
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More here: German Finance Minister Throws Cold Water on Single Bank Resolution Agency; For How Long?
See more here: German Export Machine Hits Skids; Imbalances Intensify: Exports Drop 4.2% YoY, Imports Drop 6.9% YoY
Here are some interesting charts by Deepak Shenoy on the India Housing Bubble .
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See the original article here: ECB Ponders Buying Toxic Debt of the Periphery; Don’t Worry, It Will Be "Fiscally Neutral"…