Blog Posts - Economy



'Russia set to fund railway line between Iran, Azerbaijan'

Russia is said to be ready to finance a railway line between Iran and Azerbaijan. (file photo) Russia is reportedly poised to finance a r...

Daimler vows to take China off Iran roads

European automakers see a pent-up demand for car sales in Iran. Daimler says its trucks division will sta...

Indonesia’s state-owned Pertamina to sign an agreement with National Iranian Oil Company (NIOC)

Pertamina seeks to produce 60,000 barrels per of oil from two Iranian blocks. Indonesia’s state-owned...

President Hassan Rouhani accept mass resignation of executives on top Iran fund

This file photo shows Managing Director of the National Development Fund Safdar Hosseini (3rd R) meeting with a group of provincial governors in Tehran.

British Finance Minister George Osborne abandons plans to eliminate budget deficit by 2020

British Chancellor of the Exchequer George Osborne arrives in Downing Street in central London on June 28, 2016. (AFP photo)...

Philippines Do Not Need To Worry About Economic Instability Following ‘Brexit’

Fiscal authorities in Asia and worldwide are acting with extreme caution following the UK’s closely-split and deeply controversial vote to leave the European Union. Financial markets are crashing, particularly in the West, and many nations.....

Iran sacked chiefs of 4 banks over ‘unusually high salaries’

An Iranian customer speaks with a bank clerk at the Export Development Bank of Iran in the capital Tehran on July 27, 2015. ©AFP...

New Orleans Economy: Will The Big Easy Survive the Brexit Vote?

How will Brexit affect New Orleans economy? When the results came in revealing the Leave campaign had won it shocked the world with the media and rummy politicians touting it as being as destructive as one million atomic bombs. Here in the Cresce...
by Notes On New Orleans on Jun 30, 2016

Crop Report today. The Nemenoff Report 06/30/16

Financials: Sept. Bonds are currently 31 lower at 172’01, 10 Yr. Notes 10 lower at 132’24, 5 Yr. Notes 4.5 lower at 121’30.5 and June 2017 Eurodollars 1 lower at 99.240. If you went short the 10 Yr. notes in the 134’00 level based on the reco...
by PRICE | Market Insights on Jun 30, 2016

Bank of England Governor Mark Carney says UK's economic outlook ‘deteriorated’ due to Brexit

Bank of England Governor Mark Carney Bank of England Governor Mark Carney says Britain's economic outlook...

keep futuristic perspective: 24:42

The watchman woke and asked the Lord to give new words today. The Bible opened to this word; “So you, too, must keep watch!” (from Matt.24:42 in New Living Translation … Continue reading →...

Japanese auto giant Toyota Motor Corporation recalls over 3 million faulty vehicles

Toyota announces more recalls over defective parts. (file photo)Japanese auto giant Toyota Motor Corporation has recalled more than three million vehicles globally due to a couple of defective parts.Toyota said Wednesday that 3.37 million cars have b...

Russian President Vladimir Putin orders government to normalize trade ties with Turkey

Russian President Vladimir Putin (R) approaches to shake hands with his Turkish counterpart Recep Tayyip Erdogan during a meeting at the Kremlin in Moscow on September 23, 2015. ©AFPRussian President Vladimir Putin has ordered his government to star...

‘Power infrastructure for export to Azerbaijan completed’

Iran and Azerbaijan are said to be keen on power swap. (file photo)Iranian Energy Minister Hamid Chitchian has announced the completion of a power infrastructure project that will take Iran’s electricity to neighboring Azerbaijan.Chitchian said Tue...

Google offers new way for users to manage ads, personal data

It will take several weeks before Google's new option is available to everyone. Photo / Getty ImagesGoogle is trying to make it easier for you to manage the vast pool of information that it collects about your online activities across phones, compute...

a tale of two mountains

Watchman’s notes: Note how the nation was symbolically divided into two halves even then, standing on two opposite mountains, one half to be cursed and the other half to be … Continue reading →...

FALLING APART - Venezuela

"Venezuelans face collapsing economy, starvation and crime" PBS NewsHour 6/21/2016COMMENT:  Trump supporters, do you ACTUALLY believe in his 'make America great again' rhetoric?  America IS still grate, and Trump is Hugo Chavez's twin.Excer...
by Mage Soapbox on Jun 27, 2016

MIDDLE CLASS BLUES - As if Americans Didn't Already Know, IMF Report

"Sobering IMF report on U.S. economy cites dwindling middle class, growing income equality" PBS NewsHour 6/22/2016ExcerptSUMMARY:  A new outlook issued Wednesday by the International Monetary Fund drew some startling conclusions about the U.S. e...
by Mage Soapbox on Jun 27, 2016

MAKING SEN$E - Housing Shortage and Wages

"Why a severe housing shortage means reduced wages for workers" PBS NewsHour 6/23/2016ExcerptSUMMARY:  According to a new report, more than 40 million American households are spending a third of their income on rent, and housing shortages in maj...
by Mage Soapbox on Jun 27, 2016

EUROPEAN UNION - Brexit

"Brexit, Cameron resignation signal momentous change for UK" PBS NewsHour 6/24/2016ExcerptSUMMARY:  Great Britain voted 52 to 48 percent Thursday to become the first nation to leave the European Union.  The vote prompted Prime Minister Davi...
by Mage Soapbox on Jun 27, 2016


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