Bank of Canada lowers bank rate by three quarters of a percent!

The bank of Canada just announced a huge reduction in the prime interest rate ... governments are beginning to encourage credit flows, although it will take some time before conditions ... profile for core inflation than had been projected at the time of the last Monetary Policy Report [more...]

Date: 2008-12-09 15:14:28

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Opening Report: The Frustrations of a Semi-Open Mr. Jones

Back when Kurve opened, then closed, then opened but was only kind of open (serving one quarter of the menu) ... to check out Mr. Jones, the East Village's new yakitori spot, listed as opening from everyone ... trained, and just be happy you aren't 10 Downing. · Opening Report: Mr. Jones 'Next Week [more...]

Date: 2008-09-30 14:27:22

Citigroup Posts $2.8 Billion Loss in Q3: Report

(Update 1: reflects mortgage data from Citi’s earnings statement) Loan origination for residential real estate is down, mortgage delinquency is up and net credit losses are way up, according to Citigroup Inc.’s (C: 15.90 -2.03%) third quarter earnings statement [more...]

Date: 2008-10-16 15:21:55

THE ENVIRONMENT DOESN'T CARE ABOUT HUMAN POLITICAL ARRANGEMENTS

This report issued from Australia, almost a year from the demise of the hated “corrupt, right wing” administration of John Howard, a government that was castigated in some quarters for propelling [more...]

Date: 2008-12-22 07:28:00

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