Why Russians hate America. Again. - The Times of India: ""America stuffs its democracy in our face," bellowed a cabdriver named Kostya in the city of Nizhny Novgorod. (His main beef was with the "propaganda of pederasts," using a derogatory word used to describe homosexuals, a few weeks after the Supreme Court's approval of gay marriage.) "If you're saying yes, yes, yes, all the time and nodding your head, well sometimes you have to say no," he said, explaining that Russia had finally stood up to the United States. "
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Sunday, September 13, 2015
Saturday, September 12, 2015
Friday, September 11, 2015
Citi's Chief Economist Says China Is 'Financially Out of Control' - Yahoo Finance
Citi's Chief Economist Says China Is 'Financially Out of Control' - Yahoo Finance: "The cause of his consternation is the immense debt that Chinese non-financial companies have racked up in a short period of time. Over the past decade, the indebtedness of China's private sector has exploded and exceeded that of the U.S., which Buiter pointed out has a much more advanced economy and sophisticated financial system:"
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Thursday, September 10, 2015
Book and Weblog – Authored by Garth Turner — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate
Book and Weblog – Authored by Garth Turner — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate: "Well, it’s true that 93% of all TFSAs are not maxed. It’s also true 48% of people are living paycheque-to-paycheque and that 80% of Canadians over 50 are desperately behind in the amount of savings required to survive in retirement."
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Wednesday, September 9, 2015
Sunday, September 6, 2015
Animal Welfare | Empire Kosher
Animal Welfare | Empire Kosher: "Empire Kosher cares deeply about animal welfare, with all poultry humanely raised by a network of small family farmers, for whom animal welfare is espoused and embraced.
The stress free chickens roam freely and are sheltered in spacious, sanitary quarters, instead of in chicken coops. Their wings and beaks are never clipped and they are fed Empire Kosher’s own 100% vegetarian feed, made to a unique and exacting formula. All are antibiotic free, with no growth hormones ever added."
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The stress free chickens roam freely and are sheltered in spacious, sanitary quarters, instead of in chicken coops. Their wings and beaks are never clipped and they are fed Empire Kosher’s own 100% vegetarian feed, made to a unique and exacting formula. All are antibiotic free, with no growth hormones ever added."
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Thursday, September 3, 2015
Biggest drop in pay hitting America’s lowest paid workers - Yahoo Finance
Biggest drop in pay hitting America’s lowest paid workers - Yahoo Finance: "income for the lowest paid workers, defined as the lowest-paid fifth of all workers, has actually fallen 5.7% since 2009. The types of jobs seeing the greatest drops in income were for cooks and food prep workers, personal care and home health aides, and janitors and cleaners.
"This report quantifies something I think we know in a general way for a while,” Yahoo Finance's Rick Newman says in the attached video. “This is real incomes - which means relative to inflation - and I think what's going on is people aren’t getting pay cuts in these lower paying jobs, I think they're just not getting raises.” The traditional 3% or even 5% standard of living raises are a thing of the past, as employers don’t have a need to give them."
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"This report quantifies something I think we know in a general way for a while,” Yahoo Finance's Rick Newman says in the attached video. “This is real incomes - which means relative to inflation - and I think what's going on is people aren’t getting pay cuts in these lower paying jobs, I think they're just not getting raises.” The traditional 3% or even 5% standard of living raises are a thing of the past, as employers don’t have a need to give them."
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Tuesday, September 1, 2015
China stock probes send shivers through investment community - Yahoo Finance
China stock probes send shivers through investment community - Yahoo Finance: "One manager at a major fund - part of the "national team" of investors and brokerages charged with buying stocks to revive prices – said a friend, also an executive at a large fund, was recently summoned for a meeting with regulators, along with all other mutual funds that had engaged in short-selling activity.
"If I don't come back, look after my wife," his friend told him, handing the manager his home telephone number.
China has unleashed a volley of measures to try to prop up its stock markets that have fallen around 40 percent since mid-June, pushing domestic brokerages and fund managers to buy up shares and banning investors with large stakes from selling their holdings for six months.
The authorities' meddling has unnerved many investors, leaving them questioning China's commitment to liberalising its capital markets and the long-term future of the country's stock markets themselves.
Adding to those concerns is the fact that authorities have also been probing investment funds' trading strategies, looking into whether they have been engaging in alleged "malicious" short-selling or market manipulation.
On Monday, Bloomberg reported that Li Yifei, the China chairwoman of Man Group Plc, one of the world's largest hedge funds, had been taken into custody to help with inquiries."
'via Blog this'
"If I don't come back, look after my wife," his friend told him, handing the manager his home telephone number.
China has unleashed a volley of measures to try to prop up its stock markets that have fallen around 40 percent since mid-June, pushing domestic brokerages and fund managers to buy up shares and banning investors with large stakes from selling their holdings for six months.
The authorities' meddling has unnerved many investors, leaving them questioning China's commitment to liberalising its capital markets and the long-term future of the country's stock markets themselves.
Adding to those concerns is the fact that authorities have also been probing investment funds' trading strategies, looking into whether they have been engaging in alleged "malicious" short-selling or market manipulation.
On Monday, Bloomberg reported that Li Yifei, the China chairwoman of Man Group Plc, one of the world's largest hedge funds, had been taken into custody to help with inquiries."
'via Blog this'
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