According to the index the construction of the world’s tallest buildings have always coincided with the great slumps and recessions that we have gone through in history.
Just a few days ago on July 27th President Barack Obama said that the next Fed head had to consider average Americans when setting monetary policy. If only that were true.
Goldman Sachs and the London Metal Exchange have had a case brought against them both in a court in the US regarding anti-competitive behavior in aluminum storage, with a monopolistic effect thrown in for good measure.
Now that Edward Snowden has been granted temporary asylum in Russia and he has been allowed to leave the airport, things are starting to hot up between the US and Russia.
We are told that the Chinese do not have any money left, that the coffers are empty and that they will have to go the same way as the US and start printing presses rolling along so that the banks end up flush again and the economy rebounds.
Just when you believed that the last you were going to hear about Edward Snowden was that he was holed up in the airport in Moscow, living off borscht and blini (obviously topped with caviar) all washed down with the potato drink, the outside world will be gearing itself up to go to the foot of their stairs in exclamations of ‘well, blow me down!’.
JP Morgan has been fined the sum of $410 million due to improper practices involving price manipulation via its subsidiary JP Morgan Ventures Energy Corp today in California and the mid-west by the Federal Energy Regulatory Commission in the US.
The Institute of International Finance (IIF) has released data that shows that the credit crunch in China is hitting harder than was thought at first and is secondly at the worst level since the global financial crisis landed on everyone’s plate.
This fall, the US government might go the very same way as Detroit and end up filing for chapter-11 help. In other words, it will end up asking itself to bail itself out.
It turns out that the National Security Agency of the US can actually locate your cell phone even when it has been turned off and is no longer emitting a signal.
