November 20, 2014
China Manufacturing PMI and Output Back in Contraction
Read more here: China Manufacturing PMI and Output Back in Contraction
Hard hitting global and local news
Hard hitting global and local news
Read more here: China Manufacturing PMI and Output Back in Contraction
Read More: Abe Makes "Grave Grave" Decision to Delay Tax Hike, Gambles on Snap Elections, Seeks "Better Ideas"
View post: Grubergate: Obama Caught Lying About Obamacare at G20 Summit, Kerry Provides the Proof
View article: France Fesses Up: "Deficit in 2014 Much Higher than Expected", Budget Needs Revisions Yet Again
Read More: Kissinger Warns of "Fatal Mistakes" on Sanctions, Russia, Cold War
The Yen currently trades about 115 to the US dollar. At the end of 2011 the Yen was about 77 to the dollar. That is a decline of roughly 33%.
The Mercatus Center put the "cuts" in perspective on August 21, 2012 (see above chart) in its report Defense Spending Will Continue To Grow In Spite of Automatic Cuts Set By BCA . As a result of Congress’s failure to come up with a $1.2 trillion deficit-reduction plan, automatic spending cuts or “sequestration†set by the Budget Control Act of 2011 (BCA) is set to take place from 2013 to 2021. As the threat of sequestration looms, concerns about cutbacks in defense spending have become a significant issue surrounding debates tied to national security and American jobs.
The Financial Times reports Russia-Iran Nuclear Reactor Deal Raises Eyebrows . Russia has agreed to build eight new nuclear reactors in Iran in a deal raising eyebrows in Washington and Europe as fraught international talks to curb Tehran’s atomic ambitions near their deadline
I picked up the video above from Reason.Com Watch Obamacare Architect Jonathan Gruber Explain Why "Lack of Transparency" Was Key to Passing the Health Care Law . Complete Quote Gruber: "This bill was written in a tortured way to make sure CBO did not score the mandate as taxes.
The Financial Times reports Catalan Leaders Hope Poll Turnout Will Send Independence Signal .