Search Results for: Fed
Europe makes one step towards Russia, away from USA
September 3rd, 2014
Elections to the governing bodies of the EU finished, and it was the word of German Chancellor Angela Merkel that played the crucial role in the elections. After the discussion of the Ukrainian crisis, the leaders of 28 countries ...
The Exaggerated Death of Inflation
September 3rd, 2014
Is the era of high inflation gone forever? In a world of slow growth, high debt, and tremendous distributional pressures, whether inflation is dead or merely dormant is an important question. Yes, massive institutional improvements concerning central banks have ...
Second Trial Approaching for Rowland, Ex-Connecticut Governor
September 3rd, 2014
The accusations are similar. The judge will be different. The last time John G. Rowland, the former governor of Connecticut, appeared at the federal courthouse here as a defendant in a criminal corruption trial, he received a sentence of ...
U.S. Dollar Gets Stronger
September 3rd, 2014
U.S. dollar bulls are enjoying their moment in the sun after a trying start to the year, and analysts told CNBC the good times could continue. The greenback strengthened to a seven month high against the yen in early ...
Australia 200 – Surges to New Multi Year High Above 5650
September 3rd, 2014
Australia 200 for Wednesday, September 3, 2014 After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660. ...
PG&E fined $1.4 billion for San Bruno pipeline blast
September 3rd, 2014
California regulators have imposed $1.4 billion in penalties against Pacific Gas & Electric for a 2010 gas pipeline explosion in a San Francisco suburb that killed eight people. PG&E, the state’s largest utility, can appeal the fine. PG&E can ...
BP asks court to replace administrator in Gulf spill case
September 3rd, 2014
BP Plc (BP.L) asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict ...
Insider traders in U.S. face longer prison terms
September 2nd, 2014
U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said. The trend is likely ...
Canada seeks to become Renminbi (RMB) trading centre for the Americas
September 2nd, 2014
The Toronto Financial Services Alliance (TFSA) and AdvantageBC has announced they would work together, with officials from the federal, Ontario and BC governments, and the financial industry, to promote Canada as a trading hub for the Chinese currency, the ...
In tough times, contractors turn to creative marketing campaigns
September 1st, 2014
In the best of times, selling to the government is not an easy task. In the worst of times, it’s even harder. As federal budgets shrink and competition intensifies, contractors are battling it out not only for dollars, but ...