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The great interest rate rip off part 10


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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

MovingAverage.JPG

 

Doubling.JPG

Two charts, the top one shows the moving average of interest rates over a ten year period, although the last 10 year period from 2005 is effectively a 120 month countdown, so that data is not 100% accurate. However it does show that post WWII there have been two very distinct phases in interest rates, the first being rates slowly increasing and after the 1980 Fed interest rate spike rates have been constantly declining.

 

 

 

Table 2 offers a narrative post 1980 as to why, looking at the table I need to have a trawl through my data and expand it from 1950 onwards, but this does show that since 1980 as US total credit liabilities have doubled interest rates have been successively reduced.

 

 

 

No complex analysis but it does a very clear pattern.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

Banks must declare links to Mossack Fonseca by next week

 

The Financial Conduct Authority has written to 20 major financial firms

 

 

 

 

 

Six in 10 customers are still confused over their energy bills

 

 

 

 

 

Japanese company apologises for 9 cent price increase

 

 

 

 

 

 

 

 

Sainsbury’s abandons ‘brand match’ scheme to cut prices on basics

 

The last Brand Match coupons will be issued on April 26

 

 

 

 

 

New M&S boss says clothing sales remain ‘unsatisfactory’

 

 

 

 

 

Co-op boss Richard Pennycook asks for a 60% cut to his pay package

 

 

 

 

 

 

Venezuelans get Fridays off in emergency plan 'to save energy'

 

President Nicolas Maduro has a new strategy to fight a major energy crisis for Venezuela: longer weekends for all workers.

 

 

 

 

 

 

Tata Steel sale process to begin by Monday, says Sajid Javid

 

Sajid Javid, UK Business Secretary, hopes other potential buyers will step forward

 

 

 

 

 

 

 

 

HMRC couldn't prosecute Panama Papers offenders - even if it wanted to

 

Leading lawyers warn the tax authority was already fatally overstretched before the new revelations

 

 

 

 

 

 

Osborne 'stealth tax' could cost half a million workers £1,000 each

 

Moves to take away tax reliefs for agency workers will hurt hundreds of thousands of construction workers, supply teachers and others

 

 

 

 

 

 

 

 

Scunthorpe steel workers vote on ‘transformation plan’ cuts

 

Union members at Tata's Scunthorpe site are being balloted on a 3% cut in pay and a reduction in pensions

 

 

 

 

 

 

Huawei may have beaten new iPhone to its biggest feature, again

 

The P9's dual-camera technology, which is part of a collaboration with Leica, allows the phone to re-focus pictures after they’ve been taken

 

 

 

 

 

Panama Papers: what do they say about the PM and should I care?

 

 

 

 

 

Pharma firms lift Britain’s FTSE 100 as Pfizer scraps $160bn Allergan

 

 

 

 

 

 

Barclays backs app that lets users send money using a bitcoin network

 

Circle offers its users the opportunity to send written messages, emojis and animated “GIF” videos, along with their money transfers

 

 

 

 

 

 

 

 

The map that shows the countries most embroiled in the Panama scandal

 

The map shows the sheer scale of the offshore banking industry across the world

 

 

 

 

 

 

Renting in London is cheaper than paying a mortgage, new study says

 

To own a home in London costs around £15,216 more per year than renting

 

 

 

 

 

 

 

A major pharmaceuticals merger is off the table

 

The deal, valued at $160bn, would have been the biggest example of an “inversion”.

 

 

 

 

 

Millions short-changed by state pension reforms

 

 

 

 

 

From today it’s a lot easier to go bankrupt

 

 

 

 

 

 

Sajid Javid to meet Tata bosses as hopes grow that jobs can be saved

 

Potential buyer Sanjeev Gupta believes it's possible to save jobs in Port Talbot

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Verizon plans bid for Yahoo, Google weighs offer - Bloomberg

 

8:15pm BST

 

Dollar continues slide vs yen as stocks decline | btn_rel_video.gif

 

7:38pm BST

 

FTSE slips though Marks & Spencer, pharma rally lend support

 

7:38pm BST

 

Finmeccanica's ex-CEO sentenced to four-and-a-half-years in jail in bribery case

 

7:07pm BST

 

Exclusive - Nigeria targets sale of 40 percent of new state oil firm: draft bill

 

Africa 6:48pm BST

 

Tesla's Model 3 sedan gets over 325,000 reservations

 

6:26pm BST

 

JPMorgan urges investors to vote down break-up proposal | btn_rel_video.gif

 

5:59pm BST

 

Ex-Barclays trader alleged top bosses knew of Libor requests, London court hears

 

UK, 5:42pm BST

 

VW's German labour bosses clash with brand chief Diess over jobs

 

5:24pm BST

 

Spanish watchdog probes four Spanish banks for anti-competitive practice

 

5:16pm BST

 

Europe's banks under scrutiny as regulators look into Panama Papers | btn_rel_video.gif

 

5:12pm BST

 

EDF engineers say confident Hinkley Point can be built on time

 

UK, 5:07pm BST

 

UK watchdog asks banks to check for ties to Panama Papers

 

4:26pm BST

 

EU backs separation of asset managers' research and trading costs

 

4:25pm BST

 

ECB's Draghi warns Portugal against rolling back reforms

 

4:23pm BST

 

If Britons vote to stay in EU sterling would gain 4 percent soon after - Reuters poll

 

FXpert 4:16pm BST

 

Liberty's Gupta says has resources to back UK steel ambitions

 

UK, 4:01pm BST

 

Oil down 2 percent on Cushing inventory build, higher Iraqi exports

 

3:59pm BST

 

Swiss police raid UEFA as Panama Papers scandal spreads | btn_rel_video.gif

 

World, 3:52pm BST

 

French regulator demands extra tax haven information from banks

 

World 3:51pm BST

 

Greece hopes for draft deal this week, despite EU-IMF rift - sources | btn_rel_video.gif

 

IMF 3:39pm BST

 

ECB sets boundaries to action against global slowdown | btn_rel_video.gif

 

3:38pm BST

 

CEO of Britain's Co-Op takes 60 percent pay cut as recovery reduces workload

 

3:08pm BST

 

Siemens shifts 300 million pounds of pension liabilities to PIC

 

3:04pm BST

 

South Africa to extend regulatory scrutiny of SAB, AB InBev deal - official

 

2:39pm BST

 

Centrica to relocate most trading staff to central London

 

2:30pm BST

 

ECB's credibility at stake if inflation target missed - Visco

 

2:16pm BST

 

Bollore's London electric car club scheme faces delay

 

UK 2:15pm BST

 

EU to give states more powers on VAT rates, to tackle fraud

 

2:08pm BST

 

HK tycoon Li set to rebuff activist Elliott over family bank

 

1:51pm BST

 

Low ECB rates may hurt some banks but are necessary - Visco

 

1:50pm BST

 

Swiss banks must be more thorough in money laundering fight - FINMA

 

1:47pm BST

 

Hutchison lines up network-sharing deals to smooth way for O2 takeover

 

1:26pm BST

 

New M&S boss faces tough task to repair clothing business

 

1:03pm BST

 

UK watchdog tells asset managers to be clear on strategy

 

1:01pm BST

 

ABN Amro board member Meerstadt resigns after 'Panama Papers' report

 

12:53pm BST

 

ECB governors 'broadly' agreed on March action amid some reservations - minutes

 

12:47pm BST

 

Commission urges EU deal on list of tax havens in next six months

 

World, 12:46pm BST

 

Shanghai police arrest 21 suspected of wealth management fraud

 

12:44pm BST

 

Glencore says South African coal strike violence worsens

 

Africa 12:33pm BST

 

UK productivity plummets in fourth quarter at fastest rate since financial crisis

 

UK 12:19pm BST

 

Iran says determined to regain oil market share - Tasnim news agency

 

12:08pm BST

 

Shell's top Brent trader leaving company - sources

 

11:47am BST

 

WTO cuts 2016 world trade growth forecast to 2.8 percent

 

11:40am BST

 

UK supermarket Sainsbury's scraps 'brand match' price scheme

 

UK 11:13am BST

 

Flybe progress overshadowed by booking uncertainty and currency costs

 

Aerospace & Defence 11:09am BST

 

BAE Systems wins 118 million pound contract for UK F-35 facilities

 

11:08am BST

 

Brexit impact would partly depend on WTO negotiations - WTO chief

 

11:06am BST

 

Dublin to build second runway as traffic passes pre-crisis peak

 

10:53am BST

 

Negative rates for 2-3 years become worry for banks - ECB's Praet

 

10:38am BST

 

ECB policy not tied to other authorities doing their part - Coeure

 

10:38am BST

 

ECB's Constancio says helicopter money not on the table

 

10:32am BST

 

Vivendi says investment in Telecom Italia is not to cut jobs

 

10:31am BST

 

EU watchdog expands oversight of energy market trading

 

10:24am BST

 

Russia's ForMin - Russia, Iran, Azerbaijan to take part in Doha oil meeting

 

10:21am BST

 

Singapore's OCBC to buy Barclays Asia wealth business for $320 million

 

10:15am BST

 

UK house prices rise at fastest annual pace since mid-2014 - Halifax

 

UK 9:09am BST

 

Euro zone banks should skip dividends to increase lending - BIS

 

8:08am BST

 

Austrian bank's CEO quits after Panama Papers reports

 

7:58am BST

 

French February trade deficit widest since August 2014

 

7:56am BST

 

ECB stimulus can be ramped up to fight new shocks - Praet

 

7:53am BST

 

Samsung Electronics set for first-quarter profit jump, but some call an earnings peak

 

7:48am BST

 

Mega deals morph into mega problems for Wall Street

 

6:32am BST

 

Panama will form commission to review financial practices

 

World 4:39am BST

 

A poet and pirate offers alternative for Iceland

 

World 1:06am BST

 

Yahoo expects 2016 revenue to drop about 15 percent - Re/code

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Need to Hide Some Income? You Don’t Have to Go to Panama

 

By PATRICIA COHEN 11:27 AM ET

 

 

Setting up a shell corporation in the United States is simple — especially in states like Delaware, Wyoming and Nevada.

 

 

 

 

07ebiz2-sfSpan.jpg

Krista Schlueter for The New York Times

 

 

Entrepreneurship

 

A Cocktail Shot Company Looks Beyond Beer Pong

 

By JANET MORRISSEY

 

LIQS uses premium spirits, real fruit juices and low sugar in its premixed cocktails, which come in sealed plastic shot glasses.

 

 

 

 

 

 

 

 

 

 

 

 

07DB-DEALBREAKER-thumbStandard.jpg

Megamergers Face Deterrents in the United States

 

By MICHAEL J. de la MERCED and LESLIE PICKER

 

The Obama administration took on two possible deals this week, and claimed a victory with one.

 

 

 

08redstone-thumbStandard.jpg

Framework of Settlement Is Said to Be Reached in Sumner Redstone Competency Case

 

By EMILY STEEL 1:42 PM ET

 

An agreement would end the public spectacle that began in November when a former companion of Mr. Redstone filed suit challenging his mental capacity.

 

08chinareserves-thumbStandard.jpg

China Stanches Flow of Money Out of the Country, Data Suggests

 

By KEITH BRADSHER

 

Officials said that the country’s hoard of foreign exchange reserves, a rough proxy for money moving in and out of the nation, grew in March for the first time in five months.

 

New Financial Investment Rules May Aid Robo Advisers

 

By LIZ MOYER 10:32 AM ET

 

The new rules are expected to encourage a rush of retirement savings money to low-cost investments, something the robo advisers claim as their hallmark.

 

08CLOUDS-thumbStandard.jpg

Climate Models May Overstate Clouds’ Cooling Power, Research Says

 

By JOHN SCHWARTZ 2:00 PM ET

 

If further research supports the findings of a new paper, it suggests that making progress against global warming will be even harder.

 

08mashable-thumbStandard.jpg

Mashable Announces Personnel Shifts and Job Cuts

 

By RAVI SOMAIYA and JOHN HERRMAN 1:21 PM ET

 

The news website’s executive editor, Jim Roberts, and the chief revenue officer, Seth Rogin, were said to be replaced. Other employees were said to be dismissed.

 

08db-pacsun-thumbStandard.jpg

Pacific Sunwear Files for Bankruptcy

 

By HIROKO TABUCHI 9:52 AM ET

 

Under a debt-for-equity restructuring agreement, the company plans to be taken private by Golden Gate Capital.

 

08chinatrade-thumbStandard.jpg

U.S. Adds China’s Internet Controls to List of Trade Barriers

 

By PAUL MOZUR 11:49 AM ET

 

American officials cite blocked websites and other limits on information as bad for foreign companies doing business in the vast market.

 

 

 

Owner of 3 VW Dealerships Sues Carmaker Over Diesel Scandal

 

By NEAL E. BOUDETTE 1:21 PM ET

 

The lawsuit, rare in the auto market, reflects the extent of Volkswagen’s deception and the falloff in car sales that followed.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Cameron had stake in father's trust

 

 

 

 

Prime Minister David Cameron says he and his wife owned shares in an offshore trust set up by his late father, before selling them for £30,000 in 2010.

 

 

 

Related content

 

 

 

 

 

 

 

 

 

Co-op boss asks for big pay cut

 

The head of the Co-operative Group has asked for a 60% cut to his total pay package because, he says, the job has become easier.

 

  • 7 April 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Live Wall Street slips as oil slides

 

Wall Street is lower as oil prices fall and after minutes from the US Federal Reserve's meeting sparked fresh concerns about the risks from a weakening global economy.

 

 

 

 

 

 

FCA asks firms to check for Panama link

 

  • 7 April 2016
  • From the section Business

 

 

Sainsbury's abandons Brand Match

 

  • 7 April 2016
  • From the section Business

 

 

M&S says clothing sales 'unsatisfactory'

 

  • 7 April 2016
  • From the section Business

 

 

 

 

 

Tax credit change 'may cause hardship'

 

  • 7 April 2016
  • From the section Business

 

 

Tata will be a 'responsible seller'

 

 

 

UK productivity fell at end of 2015

 

  • 7 April 2016
  • From the section Business

 

 

FTSE 100 falls despite M&S boost

 

  • 7 April 2016
  • From the section Business

 

 

Run on Kenya bank forces it to close

 

  • 7 April 2016
  • From the section Africa

 

 

EU vote 'could slow housing market'

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Goldman Sachs CEO Lloyd Blankfein has first pay cut for four years

 

The bank said the cut in salary was related to 'challenging financial markets'

 

 

 

 

 

‘New state pension has wreaked havoc on me’

 

 

 

 

 

Ryanair accuses Google of profiting from 'misleading' adverts

 

 

 

 

 

 

 

 

Martha Lane Fox becomes second woman to join Twitter board

 

One of the best known entrepreneurs in the UK is joining the social media giant - the board now has two women and eight men

 

 

 

 

 

 

General Electric CEO says he has had enough of Bernie Sanders' 'lies'

 

 

 

 

 

What is the difference between tax avoidance and tax evasion?

 

 

 

 

 

 

Brighton Pier sold for £18m to former Pizza Express boss

 

Eclectic Bar Group said the purchase of the "iconic British asset" will boost its earnings

 

 

 

 

 

 

Serious Fraud Office opens criminal investigation into Tata Steel

 

At least nine employees have been suspended and around 500 clients are thought to be affected

 

 

 

 

 

 

 

 

Uber pays £7m settlement in background check dispute

 

Uber must not market itself as the “safest ride on the road”

 

 

 

 

 

 

Caffe Nero tells staff they are no longer entitled to a free lunch

 

The new £7.20 per hour minimum wage came into effect on 1 April

 

 

 

 

 

 

 

 

The cybercrime map of Britain

 

One in five Brits say they have fallen victim to cybercrime

 

 

 

 

 

 

TripAdvisor reveals cheapest time to book hotels

 

Traveller’s perception of when the best hotel rates become available does not always match the reality,

 

 

 

 

 

UK suffers biggest downturn in productivity since the financial crisis

 

 

 

 

 

‘No early deal’ to rescue Tata’s threatened British steel plants

 

 

 

 

 

 

Cameron’s late father’s Blairmore fund fails to pay off for backers

 

The fund has lost its super-rich clients 5 per cent since New Years’ Day and 8 per cent over the past 12 months, according to Trustnet data

 

 

 

 

 

 

 

 

Co-op boss Richard Pennycook asks for a 60% cut to his pay package

 

Richard Pennycook’s base salary will be cut to £750,000 from £1.25 million

 

 

 

 

 

 

Banks must declare links to Mossack Fonseca by next week

 

The Financial Conduct Authority has written to 20 major financial firms

 

 

 

 

 

 

 

Six in 10 customers are still confused over their energy bills

 

Ofgem previously estimated customers customers could save up to £258 by switching

 

 

 

 

 

Japanese company apologises for 9 cent price increase

 

 

 

 

 

Sainsbury’s abandons ‘brand match’ scheme to cut prices on basics

 

 

 

 

 

 

New M&S boss says clothing sales remain ‘unsatisfactory’

 

“Our priority is fixing clothing,” Steve Rowe said.

 

 

 

 

 

 

 

 

Venezuelans get Fridays off in emergency plan 'to save energy'

 

President Nicolas Maduro has a new strategy to fight a major energy crisis for Venezuela: longer weekends for all workers.

 

 

 

 

 

Tata Steel sale process to begin by Monday, says Sajid Javid

 

 

 

 

 

HMRC couldn't prosecute Panama Papers offenders - even if it wanted to

 

 

 

 

 

 

Osborne 'stealth tax' could cost half a million workers £1,000 each

 

Moves to take away tax reliefs for agency workers will hurt hundreds of thousands of construction workers, supply teachers and others

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Scunthorpe steel workers vote on ‘transformation plan’ cuts

 

Union members at Tata's Scunthorpe site are being balloted on a 3% cut in pay and a reduction in pensions

 

 

 

 

 

Huawei may have beaten new iPhone to its biggest feature, again

 

 

 

 

 

Panama Papers: what do they say about the PM and should I care?

 

 

 

 

 

 

Pharma firms lift Britain’s FTSE 100 as Pfizer scraps $160bn Allergan

 

The index was up 0.6% or 34.76 points at 6,133, with pharmaceutical companies Shire and AstraZeneca at the top of the leader board

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Barclays backs app that lets users send money using a bitcoin network

 

Circle offers its users the opportunity to send written messages, emojis and animated “GIF” videos, along with their money transfers

 

 

 

 

 

 

 

 

Sajid Javid to meet Tata bosses as hopes grow that jobs can be saved

 

Potential buyer Sanjeev Gupta believes it's possible to save jobs in Port Talbot

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Weak industrial data raises growth fears

 

 

 

 

UK industrial output fell 0.5% in February from a year earlier, official figures show, the biggest decline since August 2013.

 

  • 8 April 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Investors approve Marriott Starwood deal

 

Shareholders of both Marriott and Starwood Hotels - owner of the Sheraton and W brand hotels - approve the tie-up of the two hotel chains.

 

  • 8 April 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business Live: Dow gains as oil jumps

 

The Dow Jones Industrial Average and the S&P 500 are higher as oil prices rise more than 5%.

 

 

 

 

 

 

Libor accused says he was obeying boss

 

  • 8 April 2016
  • From the section Business

 

 

Newsbeat Caffe Nero staff lose free lunch

 

  • 8 April 2016
  • From the section Home

 

 

Martha Lane Fox to join Twitter board

 

 

 

 

 

 

Tata windfall from carbon permits

 

 

 

Scunthorpe steelworks deal nears

 

  • 8 April 2016
  • From the section Business

 

 

Brighton Pier sold in £18m deal

 

  • 8 April 2016
  • From the section Sussex

 

 

Sam Woods appointed as new PRA chief

 

  • 8 April 2016
  • From the section Business

 

 

Bonmarche shares drop on retail caution

 

  • 8 April 2016
  • From the section Business

 

 

Bank of England fines QIB's UK arm £1.4m

 

  • 8 April 2016
  • From the section Business

 

 

 

 

Also in the News

 

 

 

Romania sells ex-dictator's luxuries

 

  • 8 April 2016
  • From the section Europe

 

 

 

 

Setback for Playboy in hyperlinks case

 

 

 

 

 

Features & Analysis

 

 

 

Balancing act

 

Could Trump wipe out US government debt in eight years?

 

  • 8 April 2016
  • From the section Business

 

 

 

 

 

Blairmore and more

 

What's the deal with offshore funds?

 

  • 8 April 2016
  • From the section Business

 

 

 

 

 

Odd couple

 

How old banks are learning from a new breed of tech start-ups

 

  • 8 April 2016
  • From the section Business

 

 

 

 

 

 

 

I want less

 

Does it ever make sense to ask for a pay cut?

 

  • 7 April 2016
  • From the section Business

 

 

 

 

 

Hinkley Point

 

The final countdown and why the money man jumped

Simon Jack Business editor

 

 

  • 7 April 2016
  • From the section Business
  • comments

 

 

 

 

 

Chore value

 

What your unpaid work at home is worth

 

  • 7 April 2016
  • From the section Business

 

 

 

 

 

 

Our Experts

 

Piketty: EU should welcome one million immigrants a year

 

French economist famous for his work on inequality tells the BBC that lack of immigration is slowing economic growth - and attacks austerity for the same reason

7 April 2016

 

Kamal Ahmed Economics editor

Panama Papers: What next for Asia?

 

What is likely to be the lasting impact of the scandal across the Asian region?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Ex-Barclays trader stood to gain $172.50 bonus from alleged Libor fixing, court hears

 

7:28pm BST

 

Twitter appoints Hugh Johnston and Martha Lane Fox to its board

 

6:59pm BST

 

France, Germany halt Airbus export credit amid UK probe

 

Aerospace & Defence 6:57pm BST

 

Global stocks bounce on oil boost; dollar stems slide vs yen

 

6:39pm BST

 

FTSE records another weekly gain, led by commodities

 

6:39pm BST

 

Argentina to cap new bond at $15 billion - source

 

6:37pm BST

 

Offshore trust admission deepens British PM's problems | btn_rel_video.gif

 

UK, 6:19pm BST

 

Workers protest as Greece sells Piraeus Port to China COSCO | btn_rel_video.gif

 

6:15pm BST

 

Mediaset sells pay-TV unit to Vivendi, agrees share swap

 

6:13pm BST

 

Goldman Sachs pays CEO Blankfein $22.6 million for 2015

 

6:12pm BST

 

Lower Saxony criticises bonus payments to VW managers

 

6:04pm BST

 

BMW launches car-sharing in Seattle in U.S. push

 

6:03pm BST

 

Siemens CEO declines comment on reports of delays to Gamesa deal

 

Spain 5:27pm BST

 

Oil prices jump 6 percent on U.S. stockpile draws, Keystone

 

5:21pm BST

 

UK industrial output slides, trade deficit widens on darker global outlook | btn_rel_video.gif

 

5:20pm BST

 

Marriott, Starwood Hotels stockholders approve deal

 

5:19pm BST

 

Insurance regulator Sam Woods named BoE deputy governor

 

4:53pm BST

 

Germany may punish companies with connections to tax havens - Spiegel | btn_rel_video.gif

 

4:42pm BST

 

Deutsche Bank Swiss unit to pay fine in tax avoidance case - source | btn_rel_video.gif

 

4:40pm BST

 

Jaguar Land Rover in talks to lease Silverstone

 

Sport, Formula One 4:38pm BST

 

Europe's banks under scrutiny as regulators look into Panama Papers | btn_rel_video.gif

 

4:34pm BST

 

Germany's Gabriel says ECB policy expropriates 'little people'

 

4:25pm BST

 

Owners of Swiss payment firm Global Blue test appetite for $2.3 billion sale - sources

 

3:53pm BST

 

Pressure on BP CEO as investor says will object to pay packages

 

3:50pm BST

 

Bank of England fines Qatar Islamic Bank's UK unit 1.3 million pounds

 

3:46pm BST

 

German prosecutors target Metro unit ex-worker in VAT tax fraud probe

 

3:24pm BST

 

UK economic growth in first-quarter likely weakest since 2012 - NIESR think tank

 

3:05pm BST

 

Exclusive - Norway's high-yield bond market becomes latest casualty of oil turmoil

 

Norway 3:01pm BST

 

Yahoo extends deadline for bids by a week - Re/code

 

2:57pm BST

 

Vivendi supervisory board backs Mediaset deal - sources

 

2:43pm BST

 

Britain faces no less financial regulation outside EU than in - ICMA

 

G20 2:01pm BST

 

SocGen picks 'first 11' stocks for Euro 2016 football

 

Aerospace & Defence 1:48pm BST

 

Inflation tests ahead, currencies often not cooperating

 

1:46pm BST

 

Hyundai recalls 173,000 Sonata cars in U.S. - filing

 

1:37pm BST

 

Lingering deflation, stalled franc may spell more SNB intervention

 

1:35pm BST

 

China's economy shows signs of improvement in first-quarter - premier

 

1:12pm BST

 

Worst yet to come for diesel, casting refinery profits in doubt

 

1:07pm BST

 

Italy cuts growth outlook, hikes deficit in 2017 - draft Treasury document

 

12:58pm BST

 

Strong demand for stocks as investors turn most bullish since June 2015 - BAML

 

12:24pm BST

 

EU and IMF hold Greek talks in Brussels, hope for Sunday deal

 

IMF 12:23pm BST

 

EU, Italy reach preliminary deal on fund for savers hit by bank rescues - spokesman

 

12:14pm BST

 

AB Foods to buy rest of South Africa's Illovo Sugar

 

Africa 11:22am BST

 

EU/IMF mission chiefs hope for deal with Greece by Sunday

 

IMF 11:21am BST

 

German exports rebound in Feb as sales to EU jump

 

World 11:11am BST

 

Bollore's London electric car club scheme faces delay | btn_rel_video.gif

 

UK 11:05am BST

 

Spot gas prices drift lower on oversupply

 

UK, 10:28am BST

 

EU/IMF mission chiefs leave Athens briefly for Brussels talks

 

IMF 10:20am BST

 

Tullow to cut production guidance after technical fault at Ghana oilfield

 

Africa 10:01am BST

 

China citizens protest ChemChina-Syngenta deal amid GMO worries

 

9:40am BST

 

Japan's mood among consumers and service-sector improves in March

 

Japan 9:27am BST

 

Shell under pressure to reduce spending

 

8:41am BST

 

Tesco results to show progress in nascent recovery

 

7:09am BST

 

Japan's Feb machinery orders seen falling, downside risk increasing

 

Japan 6:02am BST

 

Clothing giant Uniqlo: again the face of Japan's deflating economy

 

Japan 4:21am BST

 

Malaysia's 1MDB chief says fund to become shell company after rationalisation

 

4:15am BST

 

Yellen, alongside Fed alum, says rate hikes on track

 

1:55am BST

 

Angolan oil minister denies wrongdoing after 'Panama Papers' leak

 

World, Africa, UK 1:45am BST

 

Argentina's Macri fights back after call for 'Panama Papers' probe

 

UK 1:33am BST

 

SFO initiates investigation into Tata Steel's operations - Telegraph

 

UK, 1:13am BST

 

In 1950s Panama diner, glum offshore lawyers count cost of leak

 

12:53am BST

 

UK employers ease permanent staff hiring as EU vote unsettles - REC

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Is Your Stockbroker Troubled? Here’s One Way to Find Out

 

By RON LIEBER

 

The website BrokerCheck is an easy way for consumers to check brokers’ history, and important, as 7 percent of brokers have at least one disclosure.

 

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Robert Neubecker

 

 

 

 

 

 

 

 

 

 

 

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Donald Trump Finds Support in Reddit’s Unruly Corners

 

By JOHN HERRMAN 12:22 PM ET

 

Sites like Reddit and 4chan have become a sort of proving ground, where an extreme, Internet-amped version of Donald Trump’s message is shared and refined.

 

 

 

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Amazon May Violate India’s New Rules on Foreign E-Commerce

 

By NICK WINGFIELD and VINDU GOEL

 

The government added regulations related to pricing and the sourcing of sales on sites that Amazon and several rivals appear to break.

 

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Small, Piecemeal Mergers in Health Care Fly Under Regulators’ Radars

 

By REED ABELSON 12:35 PM ET

 

As “creeping consolidation” deals add up — a hospital here, a doctors’ office there — they raise questions on where antitrust officials should focus their attention.

 

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2 Twitter Directors to Be Replaced

 

By MIKE ISAAC 9:55 AM ET

 

Twitter is adding an executive from PepsiCo and an Internet entrepreneur as it faces pressure to remake its board.

 

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A Treasury Secretary at the Center of Obama’s Most Pressing Policies

 

By JACKIE CALMES

 

From sanctions on Iran to regulations that helped foil a giant tax-dodging deal, Jacob J. Lew is at the center of some of the administration’s most prominent policies.

 

08fed-sub-thumbStandard.jpg

Janet Yellen and Fed Predecessors Find Common Ground Onstage

 

By BINYAMIN APPELBAUM

 

At a joint appearance by Janet Yellen, the Fed chairwoman, and her three living predecessors, the conversation quickly turned to their economic outlook.

 

U.S. Presses Bid to Force Apple to Unlock iPhone in New York

 

By ERIC LICHTBLAU 11:59 AM ET

 

In a letter to a federal judge, the Justice Department said it still required help despite its success in gaining iPhone data in a separate case.

 

G.M. Settles Ignition-Switch Case Planned as Bellwether Trial

 

By BILL VLASIC

 

The automaker’s move was unexpected, but the case would have been the first of six advance trials to involve a fatal accident.

 

08METLIFE-thumbStandard.jpg

Ruling Behind MetLife’s ‘Too Big to Fail’ Reprieve Unsealed

 

By VICTORIA FINKLE

 

The ruling shows that Judge Rosemary Collyer was unimpressed with the analysis underpinning the MetLife designation as “systemically important.”

 

08shell-thumbStandard.jpg

Need to Hide Some Income? You Don’t Have to Go to Panama

 

By PATRICIA COHEN

 

Setting up a shell corporation in the United States is simple — especially in states like Delaware, Wyoming and Nevada.

 

 

 

08ecb-thumbStandard.jpg

E.C.B. Rules Out Free Money as Antidote to Falling Prices

 

By JACK EWING

 

“Helicopter money” is not on the table, a top central banker says, but officials at the European Central Bank acknowledge they are worried about deflation.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

boxplotGDP.PNG

 

 

 

MovingAverGDP.PNG

 

 

Whilst there are issues with GDP as an meaningful measure, even using the data shows the terminal decline in GDP growth in the global economy. All that debt and very little growth to show for it.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Nigeria may issue Chinese Panda bonds to help fund 2016 budget

 

Africa 5:10pm BST

 

Britain urges China to speed up on cutting steel capacity

 

4:40pm BST

 

IG Metall union presses Thyssenkrupp on jobs amid merger talk - paper

 

4:14pm BST

 

Germany denies would mull legal action if ECB opts for 'helicopter money'

 

3:12pm BST

 

Brussels signals patient approach to Italian privatisations

 

3:06pm BST

 

French bank chief 'more worried about sector now than in 2009'

 

2:44pm BST

 

Russia's Gazprom says won't share its Europe-bound gas export monopoly - RIA

 

2:42pm BST

 

Financial turmoil at SunEdison imperils solar projects worldwide

 

2:23pm BST

 

U.S. deploys B-52 bombers to Qatar for fight against Islamic State

 

World, Syria, Iraq, Middle East 1:24pm BST

 

German government debt ratio sinking faster than planned - magazine

 

1:07pm BST

 

Italian banks' situation 'difficult but manageable' - minister

 

12:56pm BST

 

Panama law firm says it hasn't been approached by investigators yet

 

12:02pm BST

 

ECB still has ammunition against too-low inflation - Villeroy de Galhau

 

11:59am BST

 

China steel exports hurt market economy status, industry official says

 

9:02am BST

 

China to cut steel capacity to 1.13 billion tonnes by 2020, industry official says

 

9:02am BST

 

ECB's policy must be 'proportionate' and respect rules - Mersch

 

7:54am BST

 

Australia's Rio Tinto to take longer to pay as resource slump bites

 

7:02am BST

 

Austalian bank boss says insurer got it wrong on heart attacks

 

Australia 6:20am BST

 

Pacific E&P shareholders seek to block possible Catalyst Capital deal: WSJ

 

3:48am BST

 

Defamation lawsuits involving U.S. lawyer Dershowitz end in settlement

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

The Female Viagra, Undone by a Drug Maker’s Dysfunction

 

By KATIE THOMAS and GRETCHEN MORGENSON 12:26 PM ET

 

 

Missteps by Valeant, along with aggressive accounting practices and unusual business relationships, derailed one of the most intriguing drugs in a generation.

 

 

 

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Peter Yang

 

William A. Ackman, who runs Pershing Square Capital Management, became a top shareholder of Valeant when its shares were flying high.

 

 

 

 

 

 

 

 

 

 

 

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Olympus Investigation Shows Ethical Lapses and a Caterer With Clout

 

By JONATHAN SOBLE

 

Two years after admitting to accounting fraud, Olympus hired its cafeteria operator to handle a dispute with Chinese customs authorities. Soon after, the case was inexplicably dropped.

 

09trumpreddit1-thumbStandard.jpg

Donald Trump Finds Support in Reddit’s Unruly Corners

 

By JOHN HERRMAN

 

Sites like Reddit and 4chan have become a sort of proving ground, where an extreme, Internet-amped version of Donald Trump’s message is shared and refined.

 

 

 

10FINAID-thumbStandard.jpg

Why Upperclassmen Lose Financial Aid

 

By ROCHELLE SHARPE

 

After freshman year, grants and scholarships may disappear for any number of reasons — some justified, some not.

 

 

BORIS1-thumbStandard.jpg

As Britain Contemplates Exit, Boris Johnson Prepares His Entrance

 

By STEVEN ERLANGER 12:02 PM ET

 

Mr. Johnson, the mayor of London, is bucking his party by supporting Britain’s exit from the European Union, effectively announcing his bid to be prime minister.

 

10COVER-thumbStandard.jpg

Will You Sprint, Stroll or Stumble Into a Career?

 

By JEFFREY J. SELINGO

 

For today’s emerging adults, a college degree is essential, but it’s not the only factor separating the successful from the drifters.

 

 

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Job Hunting in the Digital Age

 

By TARA SIEGEL BERNARD

 

Robots may be scanning your résumé for keywords, but that doesn’t mean you have to think like one.

 

Whitesburg Journal

 

00moonshine-web01-thumbStandard.jpg

(Legal) Moonshiner and University Battle Over Rights to ‘Kentucky’

 

By SHERYL GAY STOLBERG

 

When Colin Fultz opened a gourmet distillery and tried to trademark his business name, Kentucky Mist Moonshine, the University of Kentucky said, Whoa.

 

in-the-recessions-aftermath-1459471272168-thumbStandard.png

A Brighter Job Market, for Some

 

By TARA SIEGEL BERNARD

 

Career specialists and economists are upbeat about prospects for this year’s graduates. But not all job seekers have reason to be optimistic.

 

10COACH1-thumbStandard.jpg

Career Coaching for the Playdate Generation

 

By LAURA PAPPANO

 

An industry has blossomed to help students choose majors, land internships and jobs, and figure out who they are. For today’s students, turning to experts seems only natural.

 

 

10rockhall1-thumbStandard.jpg

New Rock Hall of Fame Class Confronts a Familiar Identity Crisis

 

By BEN SISARIO 1:45 PM ET

 

The induction of N.W.A this year reignited a long-running debate: What exactly is rock ’n’ roll, anyway?

 

09tsa-web2-thumbStandard.jpg

Dozens Punished by T.S.A. for Whistle-Blowing Are Later Exonerated

 

By RON NIXON

 

Many cases have involved senior managers’ taking retribution against lower-ranking employees who had accused their bosses of misconduct.

 

09seattle-web02-thumbStandard.jpg

For Some Top Nonprofits, Changing the World Begins in Seattle

 

By KIRK JOHNSON

 

Philanthropic efforts of those who made billions in the tech industry have put the Pacific Northwest at the epicenter of a push to improve global health.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

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