Markets
US Fed hike rates for second time this year
- June 21, 2017
Portugal's 10-year borrowing costs dropped 14.5 bps on Wednesday, their steepest one-day fall in almost a month. At the current average 30-year fixed mortgage rate of 4.02 percent, the monthly payment for a $200,000 loan is $957.14. Minneapolis Fed President Neel Kashkari dissented in Wednesday's decision. The Fed also gave a first clear outline on its plan to reduce its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities, most of which were purchased in the wake of ... (more...)
- June 21, 2017
Portugal's 10-year borrowing costs dropped 14.5 bps on Wednesday, their steepest one-day fall in almost a month. At the current average 30-year fixed mortgage rate of 4.02 percent, the monthly payment for a $200,000 loan is $957.14. Minneapolis Fed President Neel Kashkari dissented in Wednesday's decision. The Fed also gave a first clear outline on its plan to reduce its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities, most of which were purchased in the wake of ... (more...)
US Existing Home Sales Top Forecasts
- June 21, 2017
Finding a house for sale in the Granite State is becoming more hard, and therefore more expensive, according to May sales statistics from the NH Association of Realtors. On average, local homes were on the market 51 days from listing to sale, down from 60 days in May 2016 - a 15 percent decrease. "With new and existing supply failing to catch up with demand, several markets this summer will continue to see homes going under contract at this remarkably fast pace of under a month", said Mr. (more...)
- June 21, 2017
Finding a house for sale in the Granite State is becoming more hard, and therefore more expensive, according to May sales statistics from the NH Association of Realtors. On average, local homes were on the market 51 days from listing to sale, down from 60 days in May 2016 - a 15 percent decrease. "With new and existing supply failing to catch up with demand, several markets this summer will continue to see homes going under contract at this remarkably fast pace of under a month", said Mr. (more...)
China 'has not worked out' on North Korea
- June 21, 2017
On Tuesday, South Korean President Moon Jae-in expressed regrets over Warmbier's death and sent condolences to his friends and family, according to presidential spokesman Park Soo-hyun. Obama's office had no reaction, but his former aides have said he worked tirelessly to try to get Warmbier and other Americans released from North Korea. (more...)
- June 21, 2017
On Tuesday, South Korean President Moon Jae-in expressed regrets over Warmbier's death and sent condolences to his friends and family, according to presidential spokesman Park Soo-hyun. Obama's office had no reaction, but his former aides have said he worked tirelessly to try to get Warmbier and other Americans released from North Korea. (more...)
George Clooney sells his tequila company Casamigos for $1 billion
- June 21, 2017
George Clooney has a lot to celebrate this year. The brand launched in the USA with a Blanco, retailing at $42.99 per 75cl bottle, and a Reposado as $49.99. We're not going anywhere. "We are delighted to announce this transaction today to extend our participation in the tequila category". Casamigos was created by Clooney, Rande Gerber (the husband of model Cindy Crawford), and Mike Meldman after Clooney and Gerber said they were looking to make their own "house" tequila for their ... (more...)
- June 21, 2017
George Clooney has a lot to celebrate this year. The brand launched in the USA with a Blanco, retailing at $42.99 per 75cl bottle, and a Reposado as $49.99. We're not going anywhere. "We are delighted to announce this transaction today to extend our participation in the tequila category". Casamigos was created by Clooney, Rande Gerber (the husband of model Cindy Crawford), and Mike Meldman after Clooney and Gerber said they were looking to make their own "house" tequila for their ... (more...)
Qatar, US sign $12B deal on purchase of F-15 jet fighters
- June 21, 2017
In an emailed statement yesterday, the Pentagon said the sale "will give Qatar a state-of-the-art capability and increase security cooperation and interoperability between the United States and Qatar ". Saudi Arabia and the UAE are standing their ground on Qatar not interfering in the internal affairs of neighbouring countries and ending support to extremist groups as UAE Minister of State for Foreign Affairs Dr Anwar Mohammed Gargash said the solution to the crisis lies in Riyadh. (more...)
- June 21, 2017
In an emailed statement yesterday, the Pentagon said the sale "will give Qatar a state-of-the-art capability and increase security cooperation and interoperability between the United States and Qatar ". Saudi Arabia and the UAE are standing their ground on Qatar not interfering in the internal affairs of neighbouring countries and ending support to extremist groups as UAE Minister of State for Foreign Affairs Dr Anwar Mohammed Gargash said the solution to the crisis lies in Riyadh. (more...)
MSCI adds China-listed stocks to index in long-awaited move
- June 21, 2017
The magic number of 222 that MSCI has come up with comes from counting up every large-cap A-share accessible through Stock Connect , minus any that are excluded due to trading suspensions. Jason Hollands: How chicken should you be about China in the Year of the Rooster? However, serious challenges remain for China's US$7-trillion domestic stocks before they can be considered truly global, as their valuations are high and there could also be a culture clash when Western investors enter ... (more...)
- June 21, 2017
The magic number of 222 that MSCI has come up with comes from counting up every large-cap A-share accessible through Stock Connect , minus any that are excluded due to trading suspensions. Jason Hollands: How chicken should you be about China in the Year of the Rooster? However, serious challenges remain for China's US$7-trillion domestic stocks before they can be considered truly global, as their valuations are high and there could also be a culture clash when Western investors enter ... (more...)
Tory grammar school proposals dropped in Queen's Speech
- June 21, 2017
First, the queen wore a floral blue and yellow dress with a blue brocade coat for her buzzed-about speech to Parliament. Earlier this year, more than 1.8 million people signed a parliamentary petition urging the cancellation of Trump's official state visit to meet the Queen as it would "cause embarrassment to Her Majesty". (more...)
- June 21, 2017
First, the queen wore a floral blue and yellow dress with a blue brocade coat for her buzzed-about speech to Parliament. Earlier this year, more than 1.8 million people signed a parliamentary petition urging the cancellation of Trump's official state visit to meet the Queen as it would "cause embarrassment to Her Majesty". (more...)
Dash Cam Video Released In Castile Shooting
- June 21, 2017
Yanez walks off-screen, but the dashcam microphone keeps recording as he recounts what happened to another police officer. But the police DID have dash cam footage , and they waited until Jeronimo Yanez was acquitted to release it. (more...)
- June 21, 2017
Yanez walks off-screen, but the dashcam microphone keeps recording as he recounts what happened to another police officer. But the police DID have dash cam footage , and they waited until Jeronimo Yanez was acquitted to release it. (more...)
Saudi king names son as heir to throne
- June 21, 2017
Few people outside Saudi Arabia had heard of Prince Mohammed bin Salman before his father became king in 2015. SPA said King Salman appointed the following as advisers to the Royal Court with the rank of minister: Abdul Rahman bin Ali Rubaiaan, Nasser bin Abdulaziz Al Dawoud, Bandar bin Khalid bin Faisal bin Abdulaziz Al Saud, and Prince Turki bin Mohammed bin Fahd bin Abdulaziz Al Saud. (more...)
- June 21, 2017
Few people outside Saudi Arabia had heard of Prince Mohammed bin Salman before his father became king in 2015. SPA said King Salman appointed the following as advisers to the Royal Court with the rank of minister: Abdul Rahman bin Ali Rubaiaan, Nasser bin Abdulaziz Al Dawoud, Bandar bin Khalid bin Faisal bin Abdulaziz Al Saud, and Prince Turki bin Mohammed bin Fahd bin Abdulaziz Al Saud. (more...)
Barclays And Its Former Bosses Charged In Illegal Qatar Deal
- June 21, 2017
The criminal charge is a reputational blow to Barclays, which is grappling with a string of other legal problems. Rio Tinto director John Varley has resigned from the global miner's board after being charged by Britain's Serious Fraud Office . (more...)
- June 21, 2017
The criminal charge is a reputational blow to Barclays, which is grappling with a string of other legal problems. Rio Tinto director John Varley has resigned from the global miner's board after being charged by Britain's Serious Fraud Office . (more...)
Global Electric off Road Machines Market Research Report 2017
- June 21, 2017
The Global Automotive Parking lamp industry Analyze on Automotive Parking lamp Market mainly by Type , Regions, Manufacturers and Applications , Forecast up to 2022. Extensive primary and secondary research capabilities have been used to prepare the report Global Wireless Infrastructure Industry. The competitive landscape of the global market for Gear Oil is determined by assessing the major industry participants, production capacity, production capacity utilization rate, Gear ... (more...)
- June 21, 2017
The Global Automotive Parking lamp industry Analyze on Automotive Parking lamp Market mainly by Type , Regions, Manufacturers and Applications , Forecast up to 2022. Extensive primary and secondary research capabilities have been used to prepare the report Global Wireless Infrastructure Industry. The competitive landscape of the global market for Gear Oil is determined by assessing the major industry participants, production capacity, production capacity utilization rate, Gear ... (more...)
DC, Maryland to sue President Trump for alleged breach of constitutional oath
- June 21, 2017
Racine and Frosh insisted that the lawsuit wasn't political, with Racine saying they would pursue a similar lawsuit against any future president - he proffered Facebook's Mark Zuckerberg as one possible example - who held onto substantial business ties after taking office. (more...)
- June 21, 2017
Racine and Frosh insisted that the lawsuit wasn't political, with Racine saying they would pursue a similar lawsuit against any future president - he proffered Facebook's Mark Zuckerberg as one possible example - who held onto substantial business ties after taking office. (more...)
Hawaii Made Its Paris Commitment Official By Signing It Into Law
- June 21, 2017
Many industry leaders expressed their disappointment and their renewed commitment to fight climate change with or without the help of President Trump . Despite its worldwide isolation, North Korea signed the agreement . The group says its members will remain actively involved with the global community as it looks to reduce greenhouse gas emissions and stop the planet from warming more than 1.5 degrees Celsius (about 3.6 degrees Fahrenheit) above preindustrial levels. (more...)
- June 21, 2017
Many industry leaders expressed their disappointment and their renewed commitment to fight climate change with or without the help of President Trump . Despite its worldwide isolation, North Korea signed the agreement . The group says its members will remain actively involved with the global community as it looks to reduce greenhouse gas emissions and stop the planet from warming more than 1.5 degrees Celsius (about 3.6 degrees Fahrenheit) above preindustrial levels. (more...)
Megyn Kelly No Longer Hosting Sandy Hook Benefit Over Alex Jones Interview
- June 21, 2017
She also noted that Jones' InfoWars was given credibility when the site received White House press credentials. 'Shining a light works on cockroaches. Hockley described the ordeal families in Sandy Hook have dealt with following claims that the tragedy was a hoax. A writer at the conservative web site Red State , Andrea Kutz, wondered, "what is Megyn Kelly thinking?" Jones: Oh, I know. (more...)
- June 21, 2017
She also noted that Jones' InfoWars was given credibility when the site received White House press credentials. 'Shining a light works on cockroaches. Hockley described the ordeal families in Sandy Hook have dealt with following claims that the tragedy was a hoax. A writer at the conservative web site Red State , Andrea Kutz, wondered, "what is Megyn Kelly thinking?" Jones: Oh, I know. (more...)
1 tropical storm churns in Gulf, 2nd disbands in Caribbean
- June 21, 2017
Secondary threats are gusty winds between 30-60mph along the upper-Texas coast and western Louisiana coast and an isolated tornado threat for much of Louisiana and Mississippi. Heavy rain and the possibility of risky flooding in flood-prone areas poses the largest threat. Cindy is not expected to come to the Orlando area, but the storm could affect the Florida Panhandle, mostly in the form of heavy rain and potential flooding. (more...)
- June 21, 2017
Secondary threats are gusty winds between 30-60mph along the upper-Texas coast and western Louisiana coast and an isolated tornado threat for much of Louisiana and Mississippi. Heavy rain and the possibility of risky flooding in flood-prone areas poses the largest threat. Cindy is not expected to come to the Orlando area, but the storm could affect the Florida Panhandle, mostly in the form of heavy rain and potential flooding. (more...)
Remains of 7 sailors killed in US ship collision return home
- June 21, 2017
Tokyo has launched an investigation into why it took almost an hour to report a fatal collision between a US Navy destroyer and a Philippines container ship . Thoughts and prayers with the sailors of USS Fitzgerald and their families. Japanese chief cabinet secretary Yoshihide Suga said the government was investigating with the cooperation of the USA side and every effort would be made to maintain regional deterrence in the face of North Korea, which has recently conducted a series of ... (more...)
- June 21, 2017
Tokyo has launched an investigation into why it took almost an hour to report a fatal collision between a US Navy destroyer and a Philippines container ship . Thoughts and prayers with the sailors of USS Fitzgerald and their families. Japanese chief cabinet secretary Yoshihide Suga said the government was investigating with the cooperation of the USA side and every effort would be made to maintain regional deterrence in the face of North Korea, which has recently conducted a series of ... (more...)
United Kingdom budget deficit falls to decade low
- June 21, 2017
The public finances have been bolstered by greater government income, today's report states. The UK government reported a public-sector borrowing requirement, excluding public-sector banks, of £6.7bn for May from £7.0bn the previous year and the lowest May deficit for ten years. (more...)
- June 21, 2017
The public finances have been bolstered by greater government income, today's report states. The UK government reported a public-sector borrowing requirement, excluding public-sector banks, of £6.7bn for May from £7.0bn the previous year and the lowest May deficit for ten years. (more...)
Steve Bannon just 'fat-shamed' Sean Spicer
- June 21, 2017
Bannon was asked via text why the briefings are now being mostly held off-camera, to which Bannon simply replied, "Sean got fatter". The White House press secretary traditionally holds daily, on-camera briefings, but under Spicer, the White House has briefed reporters in increasingly more restricted settings, such as off-camera "gaggles" in which reporters can not broadcast video or audio of the press secretary's answers. (more...)
- June 21, 2017
Bannon was asked via text why the briefings are now being mostly held off-camera, to which Bannon simply replied, "Sean got fatter". The White House press secretary traditionally holds daily, on-camera briefings, but under Spicer, the White House has briefed reporters in increasingly more restricted settings, such as off-camera "gaggles" in which reporters can not broadcast video or audio of the press secretary's answers. (more...)
Steve Bannon Fat-Shames Sean Spicer To Justify Restricting Press
- June 21, 2017
I think the stories about Sean Spicer's removal from the White House were wrong-headed from the beginning. While many controversial names had been added and nominated to various positions in the administration, Sean Spicer being chosen to become to the new White House Press Secretary received little backlash. (more...)
- June 21, 2017
I think the stories about Sean Spicer's removal from the White House were wrong-headed from the beginning. While many controversial names had been added and nominated to various positions in the administration, Sean Spicer being chosen to become to the new White House Press Secretary received little backlash. (more...)
Eland Oil & Gas PLC (ELA) Rating Reiterated by Canaccord Genuity
- June 21, 2017
About 415,438 shares traded. It has underperformed by 24.97% the S&P500. The company has market cap of 3.96 billion GBP. This was revealed to investors in a note on Tuesday, 13 June. The firm has "Buy" rating given on Friday, August 5 by Peel Hunt. Morgan Stanley maintained the shares of CNA in report on Wednesday, June 7 with "Equal Weight" rating. (more...)
- June 21, 2017
About 415,438 shares traded. It has underperformed by 24.97% the S&P500. The company has market cap of 3.96 billion GBP. This was revealed to investors in a note on Tuesday, 13 June. The firm has "Buy" rating given on Friday, August 5 by Peel Hunt. Morgan Stanley maintained the shares of CNA in report on Wednesday, June 7 with "Equal Weight" rating. (more...)
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Moody's downgrades United Kingdom credit rating to Aa2 as Brexit fears loom