Will All Be Well, And End Well, In Estonia?
Well, there doesn’t seem to much room for doubt at this point does there, the Baltic Economies are in the van of the European economic slowdown for 2009, just as they were leading the charge up in 2007, and all that debate about whether we were going to get a hard landing or a soft one seems now so out of date and and old hat as we watch how [more...]
Date: 2009-01-13 15:59:56
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A Round-Up of M&A Forecasts
As part of Alacra's business is driven by M&A transaction volume, we keep pretty close tabs on the forecasts for M&A activity ... to Jefferies Putnam Lovell, the investment banking group of Jefferies & Company, Inc. focused ... ;A OUTLOOK The M&A landscape has changed dramatically over the past several months. Debt funding [more...]
Date: 2009-01-14 13:18:03
The Trib is dead; long live the Trib?
The first domino has fallen. The Tribune Co., publisher of what used to be some of America’s best newspapers and operators of 23 television stations, has filed for bankruptcy, citing nearly $13 billion in debt compared with $7.6 billion ... ., struggling with debt and trying to cop a $225 million mortgage on its year-old grand edifice [more...]
Date: 2008-12-08 23:55:19
Asian Stocks Slide as Japan Machinery Orders, U.S. Sales Drop
BLOOMBERG - Patrick Rial Jan. 15 (Bloomberg) -- Asian stocks fell, dragging the regional benchmark index to a five-week low, after Japanese machinery orders and U.S. retail sales dropped at more than double the pace economists had estimated. Advantest Corp., the world’s No. 1 maker of memory-chip testing equipment, lost 9 [more...]
Date: 2009-01-15 02:24:05
The Advantages Of Non Profit Debt Consolidation
These days, credit problems can affect anyone. With economic issues becoming a problem for more and more consumers, effectively managing your debt can be a challenge. If you are having difficulties in handling your monthly payments, you may consider a debt consolidation arrangement one good way to help [more...]
Date: 2009-01-13 22:32:51
White working class feels ignored over immigration, says British Leftist boss
Communities secretary Hazel Blears says politicians need to reconnect with this group, as study shows resentment over impact of migration ... some glimmering of intelligence that someone in the party has rediscovered that group Many white working-class ... reconnecting with this group of people, Blears said today, as a study of attitudes to immigration [more...]
Date: 2009-01-03 01:26:26
Obama prepares sweeping cuts in social programs
art: beinart8 January 2009 wsws.org Barack Obama took the occasion of his first press appearance in Washington as president-elect to declare his determination to impose policies of budgetary austerity, including the elimination of entire federal programs and cost-cutting in the entitlement programs such as Social Security, Medicare [more...]
Date: 2009-01-08 11:08:00
Transcript: President George W. Bush at American Enterprise Institute, Includes Q&A | December 18, 2008
(Source: White House Press Office) 10:44 A.M. EST MR. DeMUTH: Mr. President, what’s on your mind this morning? THE PRESIDENT: First, thanking you for being the leader that you’ve been, and thanking AEI for generating good thought. People in the public arena need to have support for philosophy — and that’s what you provide, [more...]
Date: 2008-12-18 20:43:07
Currency issues, IMF grants loan, Structural reform, New Business, Human ights, Russian Gas, Ukraine, Polish scandal, New, Sport and Culture
From the Top...#377Alexander Lukashenko advises citizens not to change currency of their savingsFrom: BelTA and the Office of the PresidentThere is no need for citizens to change the currency they keep their savings in, because nobody knows how the global financial crisis will unfold, President of Belarus Alexander Lukashenko told reporters, [more...]
Date: 2009-01-14 09:39:00
The $85 Billion Non-Event
by The Mogambo Guru If you want a real-world example of how inflation in consumer prices follows an increase in the money supply AND how an increase in anti-social, war-like behavior follows increases in prices, then a report from Bloomberg.com is just what you are looking for. It says, "Iran's annual inflation may accelerate to 50 [more...]
Date: 2008-12-09 20:51:16
This First "Fiscal Fitness" Of 2009
Here's my "Fiscal Fitness" column from today's Roll Call. Welcome to 2009, the Year of the New Budget Debate January 6, 2009 Little that has happened on the federal budget up to now — and I mean over the past few decades rather than just the past few months — has prepared anyone for the politically life-changing debate that will take place [more...]
Date: 2009-01-06 10:18:29
Search For Stimulus In A ZIRP World
Central bankers everywhere are Looking for Tools in a Zero Interest-Rate World ... . 25 it will purchase as much as $600 billion in debt issued or backed by government-chartered ... in Melbourne today, the fourth reduction in as many months. Four of 21 economists surveyed by Bloomberg News [more...]
Date: 2008-12-02 15:43:00
Management Changes at Borders Group
Borders Group Announces Management Changes Including New CEO; Holiday Sales Results Also Reported ANN ARBOR, Mich., Jan ... by Borders Group over recent quarters within the challenging economy to reduce debt, improve cash flow ... . 5, 2009 —Borders Group today announced several management changes—including the appointment [more...]
Date: 2009-01-08 16:54:39
Management Changes at Borders Group
Borders Group Announces Management Changes Including New CEO; Holiday Sales Results Also Reported ANN ARBOR, Mich., Jan ... by Borders Group over recent quarters within the challenging economy to reduce debt, improve cash flow ... . 5, 2009—Borders Group today announced several management changes—including the appointment [more...]
Date: 2009-01-07 05:03:51
9 Methods for Mastering Your Money in 2009
2008 was a miserable year for money. The stock market tumbled, unemployment soared, the housing market continued to crumble, and retirement savings shriveled away. Whew! Here’s hoping 2009 will be better! But hope can only do so much. Hope cannot bring change. Action brings change. If one of your goals for 2009 is to take control of your money ( [more...]
Date: 2009-01-05 13:00:21
WEDNESDAY JANUARY 13, 2009
THIS SITE SUPPORTS ALL THE MEN AND WOMEN OF ALL POLICE DEPARTMENTS, EMS CREWS, IN ADDITION TO ALL SERVING IN THE CANADIAN ARMED FORCES, NO MATTER WHERE YOU MAY BE Police officer saluted for saving drowning girlNEW BRUNSWICK HIGHWAY HIGH RISK MOOSE & DEER LOCATIONSNEW BRUNSWICK HIGHWAY VIDEO CAMERASNew Brunswick Weather: [more...]
Date: 2009-01-14 00:21:00
DrumBeat: December 14, 2008
Global oil supply will peak in 2020, says energy agency Global oil production will peak much earlier than expected amid a collapse in petroleum investment due to the credit crunch, one of the world's foremost experts has revealed. Fatih Birol, chief economist to the International Energy Agency, told the Guardian that conventional crude [more...]
Date: 2008-12-14 14:06:53
Where extreme cuts may come at papers
Operating in an atmosphere of unprecedented uncertainty and growing dread, ... by the end of the year if its cost-cutting targets were not met. The reduction was enabled through ... operating capital and repay debt. If they can’t outsource printing, they will move their presses [more...]
Date: 2008-12-02 06:30:00
Obama to Balance the Budget… Someday
Congressional Blue Dogs are commonly described as moderate or conservative Democrats, ... by supporting legislation that would make the House’s pay/go rule a law. “We have had communications ... team has indicated it favors “statutory pay/go,” which would make the House budget rule a law [more...]
Date: 2008-12-18 18:33:23
Debt Help is done here
Have you ever thought about the people or any site or the company doing debt help? here is a site to make it possible at a better way ... and this is a better way for you to get a solution for this. If your business debt consolidation to a non-profit, advertising has fewer options available to you that officials in the search for debt [more...]
Date: 2009-01-10 16:51:44
The Dividend Dilemma
Obama said he will order the Treasury Department to limit dividends paid by commercial banks and investment banks that receive “exceptional assistance” from the government to “de minimis amounts”. That order will not likely receive any ... receiving “extensive assistance” and are also the primary sources of a large portion (perhaps [more...]
Date: 2009-01-15 16:35:17
China Prepares for Worst Case As US Prepares For More Central Planning
With a backdrop of Central Bankers Cutting Rates At Record Pace China Urges U.S. to Counter Crisis, Prepares for ‘Worst Case’.Chinese officials urged the U.S. to do everything possible to restore calm to financial markets and said they are preparing for a “worst-case scenario” as the global crisis deepens [more...]
Date: 2008-12-05 01:36:00
Two lectures...
WHY DID WE FEDERATE?by Woodville MarshallPlease forgive me if I start with a bit of self-criticism. We are careless with our history. If I am to judge by the content of the media, by the activity of our historians, by the silence of Government and parliament, hardly anyone is aware that the late, [more...]
Date: 2009-01-10 19:17:00
Fed Watch: Short Takes for January 11, 2009
Tim Duy: Short Takes for January 11, 2009, by Tim Duy: I am running low on time these first few weeks of the term. Bits and pieces of things I am worried about: On the employment situation report: Mark catalogued links to a host of insightful commentary that pours over the details of this decidedly negative report [more...]
Date: 2009-01-12 08:15:24
A Further Critique of Romer and Romer
by cactusA Further Critique of Romer and RomerLet's take another look at the main Romer and Romer findings, namely that under some circumstances, tax cuts are good for economic growth. In the past I noted I have a few problems with it, but I thought I'd let the Romers work speak for itself as much as possible when making this critique [more...]
Date: 2009-01-13 11:27:00
January 10 2009: Hornswoggled Absquatulation
Russell Lee Tobaccy Candy 1940 Pool hall, Shasta County, California Ilargi: The revolving doors between Washington and Wall Street are swinging like never before. Lawrence Summers and Robert Rubin are the finance powerhouses in the upcoming Obama administration. They were in the exact same place 10 years ago [more...]
Date: 2009-01-10 16:28:00
Housing Bubble - Why Should Anyone Care?
Why should anyone care about financial bubbles in general and the housing bubble in particular? ... that it would take a lifetime to pay back the debt. In these circumstances bankruptcy is not just preferable ... to have insurmountable debt lingering for decades. The real problems for individuals and families [more...]
Date: 2009-01-15 14:40:09
Crushed Copper
Shares of Freeport-McMoRan Copper & Gold are getting mashed this morning, ... is that they might not think so,” says Brian Niemiec, analyst at Susquehanna Financial Group. “ ... to be softer for at least into the new year.” The drastic reduction in Freeport’s capital [more...]
Date: 2008-12-03 15:50:28
Britain's 'betrayed' white working classes believe immigrants receive better treatment
White families on the country's poorest estates believe they have been 'betrayed' and 'abandoned' by politicians who favour newly-arrived immigrants, a Government report acknowledged today.It found that people on council estates think they always come second to immigrants for housing and benefits [more...]
Date: 2009-01-03 22:14:00
Add Your Comment:
« PreviousHarry Reid: Trigger Happy Next »Barack Obama, Olympic (Committee) Bound Latest Lie: "Death Panels By Proxy" Posted by Karen TumultySunday, September 27, 2009 at 12:17 pm 56 Comments • Trackback (0) • Related Topics:Max Baucus, congress, health care, senate, death panels, death panels by proxy, fear-mongering, medicare There they go again. [more...]
Date: 2009-09-27 16:17:24
Thoughts for a Thursday Morning
© Zoriah/www.zoriah.com The Twelve Editorial Rules for Middle East Reporting1) In the Middle East it is always the Arabs who attack first and always Israel that is defending themselves. This defense is called a reprisal. 2) The Arabs, Palestinian or Lebanese have no right to kill civilians. That is called “terrorism.” 3) [more...]
Date: 2009-01-15 15:06:00
alleged email from careerbuilder ceo
Following the layoffs at CareerBuilder last week that cut an estimated 15 percent of the job board’s workforce, ... ; Careerbuilder Sweden; CareerBuilder UK; CareerBuilder USA and Personified Subject: Where We Go From Here ... are some simple examples: 1) The United States debt has gone from $5.7 trillion in 2000 to over $10 [more...]
Date: 2008-12-12 17:04:56
Fazzari on Keynesian Economics
Steve Fazzari, of Washington University in St. Louis, talks with EconTalk host Russ Roberts about Keynesian economics ... About this week's guest: Steve Fazzari's Home page "Household Debt in the Consumer Age: Source of Growth ... of Economics. Government Debt and Deficits, by John Seater. Concise Encyclopedia of Economics. John [more...]
Date: 2009-01-12 11:29:25
Monday, Bloody Monday at Borders $$
Ron Marchall has the experience, that cannot be argued. What I have not found yet are the ties to Bill Ackman and Pershing. This must be the reason for the delay in the Pershing financing agreement. Borders Group (BGP ... experience to Borders Group. Prior to founding Wildridge Capital, he was Chief Executive Officer for eight [more...]
Date: 2009-01-05 14:15:00
UNEMPLOYMENT RISES TO ITS HIGHEST LEVELS IN 16 YEARS: NEWS FROM THE USA
Jobless Rate Hits 7.2%, a 16-Year High:The nation lost 524,000 jobs in December, reflecting a pervasive fear among employers that if they fail to shed workers quickly their companies may go under in a recession poised to become the worst since the 1930s [more...]
Date: 2009-01-10 19:09:27
Is The Stock Market Cheap?
For the last two months, we have heard round after round of bottom calls and a consistent message of "stocks are cheap". Some make the claim based on a comparison to treasuries. The reality is it makes no sense to compare stocks to treasuries. What does make sense is to discuss earnings estimates [more...]
Date: 2009-01-09 04:51:23
THE FINTAG NEWSLETTER @ 05 January 2009
FINTAG COMMENT MOT. In the UK, when an automobile is more than 3 years old it has to have a yearly MOT. This involves a garage checking the vehicle is road worthy. Given nobody is stupid enough to buy new cars, with all this anti bling sentiment and old being the new black, many more cars will be having MOT's [more...]
Date: 2009-01-05 06:49:10
MICROCAPITAL.ORG STORY: Exclusive Interview On The Current State Of Microfinance In Malaysia And Challenges Facing The Sector: Observations From The Assistant Governor Of Bank Negara Malaysia
In a recent Microcapital.Org exclusive written interview with the Malaysian central bank, Bank Negara Malaysia , the Assistant Governor Mr Muhammad bin Ibrahim provided the following responses to a series of questions about the current state of microfinance in Malaysia and challenges facing the sector. Previous Microcapital.Org stories on microfinance in Malaysia have been set out in the Bibliography section below - . [more...]
Date: 2009-09-24 05:03:18
Live-Blogging the Morgan Stanley Earnings Call
It was a rough quarter for Morgan Stanley, which lost $2 ... exceeded expectations. The firm’s leverage ratio declined sharply as it converts to a bank holding ... repricing” of credit assets. Leverage was reduced to 11.4 times gross equity, down from 32.6 times [more...]
Date: 2008-12-17 16:32:42
Live-Blogging the Morgan Stanley Earnings Call
It was a rough quarter for Morgan Stanley, which lost $2 ... exceeded expectations. The firm’s leverage ratio declined sharply as it converts to a bank holding ... repricing” of credit assets. Leverage was reduced to 11.4 times gross equity, down from 32.6 times [more...]
Date: 2008-12-17 19:08:00
DrumBeat: December 12, 2008
U.S. Northeast Heating-Oil Delinquent Bills Top $100 Million (Bloomberg) -- Heating-oil dealers in the U.S. Northeast have more than $100 million in unpaid bills from residential and business customers after fuel prices rose to a record, a consumer-debt service found. The money is owed by customers [more...]
Date: 2008-12-12 13:55:16
MORE ON THE UNITED AUTO WORKERS SURRENDER TO THE BIG THREE
from the WORLD SOCIALIST WEB SITE:As global auto slump deepensUAW opens concession talks with US automakersBy Jerry White 8 January 2009The United Auto Workers union began talks this week with General Motors and other Detroit automakers on a new round of wage and benefit concessions for nearly 140, [more...]
Date: 2009-01-08 07:32:08
ECB Biggest Rate Cut On Record; BOE, Other Central Banks Join Rate Cutting Party
The race to Global ZIRP took another big step forward today as central bankers around the globe cut rates. Let's take a look at the recent action.Europe’s Central Banks Lower Rates to Fight RecessionThe European Central Bank delivered a 75 basis-point reduction in its main refinancing rate, the most in its 10-year history, [more...]
Date: 2008-12-04 17:15:00
2008: The Year the Chickens Came Home to Roost
“If you wanna dance, you gotta pay the band. If you wanna borrow, you gotta pay the man ... accordingly. “We need to get back to a more normal debt-to-spending ratio,” says Harry Rady, CEO ... -quality borrowers, processed and sold to another group of borrowers, who sold their own debt backed [more...]
Date: 2008-12-31 12:00:00
The Fun Part – Assigning Blame
The piece I wrote for YaleGlobalOnline, which I mentioned in my last entry, was published today, and is called “US and China Must Tame Imbalances Together.” In the article I try to argue that the roots of the current financial imbalance – or, more accurately, [more...]
Date: 2009-01-07 12:57:55
Daily News Roundup - Jan 5 2009
GMR Energy, subsidiary of GMR Infrastructure, is offered a 33.5% stake in South Africa-based Homeland Energy Group.(BS)Union Bank and Bank of Baroda announce a reduction in their deposit rates ranging between 25 ... Cements says shipments in December 2008 rose 11.8% to 16.6mn tonnes.(ET)Aditya Birla Group cement [more...]
Date: 2009-01-05 03:46:00
China ACM Reports Revenue Increase of 87.4% and Net Income of $5.7 Million for the Fourth Quarter of Fiscal 2009; Achieves $12.1 Million of Net Income for Fiscal 2009
China ACM Reports Revenue Increase of 87.4% and Net Income of $5.7 Million for the Fourth Quarter of Fiscal 2009; Achieves $12.1 Million of Net Income for Fiscal 2009 NEW YORK and BEIJING, Sept 24 /PRNewswire-FirstCall/ — China Advanced Construction Materials Group, Inc. (”China ACM”) (BULLETIN BOARD: CADC) , a leading provider of ready-mix concrete in China, today announced financial results for the three months and fiscal year ended June 30, 2009. Mr. [more...]
Date: 2009-09-24 12:23:28
DrumBeat: December 27, 2008
Oil giants are itching to invade Iraq For Iraq the timing couldn’t be better. As reserves dry up around the world and national governments tighten their grip on what is left, the industry is more desperate than ever to get its hands on the Iraqi honey-pot [more...]
Date: 2008-12-27 14:00:31
Four at Four: OPEC?s Conundrum
The representatives traveling to Oran, Algeria, for the Wednesday meeting of the Organization of Petroleum Exporting Countries may agree to a larger-than-expected reduction in daily oil supply, but it may not halt the decline in price of crude [more...]
Date: 2008-12-15 12:26:00
Lost In A Sea Of Stark, Empty Houses And Vacant Lots
It’s Friday desk clearing time for this blogger. “Record numbers of Sonoma County homeowners are seeing property taxes fall, ... condominium development and is seeking to collect nearly $19 million of unpaid loans connected [more...]
Date: 2009-01-02 17:57:28
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