Showing posts with label Bloomberg. Show all posts
Showing posts with label Bloomberg. Show all posts

Wednesday, January 30, 2019


By National Review., Jan. 27, 2019

Democrats are bullish on their chances of beating President Trump in 2020. If his approval ratings remain below the 46 percent of the vote that carried him to victory in 2016, they think they can win.

Some have also been counting on an anti-Trump candidate from the right running a third-party effort. They note that libertarian Gary Johnson and independent Evan McMullin won a total of 3.8 percent of the vote in 2016, much of it from voters who might otherwise have voted for a Republican.

By National Review., Jan. 27, 2019

Democrats are bullish on their chances of beating President Trump in 2020. If his approval ratings remain below the 46 percent of the vote that carried him to victory in 2016, they think they can win.

Some have also been counting on an anti-Trump candidate from the right running a third-party effort. They note that libertarian Gary Johnson and independent Evan McMullin won a total of 3.8 percent of the vote in 2016, much of it from voters who might otherwise have voted for a Republican.

Thursday, September 10, 2015



By Robert Windrem and Tracy Connor
Sep 09, 2015
NBC

A notorious al Qaeda magazine is encouraging lone-wolf terrorist attacks on U.S. economic leaders, including Bill Gates, Michael Bloomberg and Warren Buffett.

The list in Inspire magazine also included industrialist brothers Charles and David Koch, internet entrepreneur Larry Ellison, and casino magnate Sheldon Adelson. A prominent economist was also on the list but asked that his name be withheld. Federal Reserve chairman Ben Bernanke was named, though not Janet Yellen, who succeeded him.

Also pictured was Jim Walton, one of the heirs to the Wal-Mart fortune, although he was misidentified in the caption as his late father, Sam Walton. Several other names on the list were misspelled.

Read More: http://www.nbcnews.com



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Tuesday, July 7, 2015

Greece ‘48 Hours Away From Unrest’ --Can't Give People "Free Stuff"

By Will Wainewright, Jul. 6, 2015, Bloomberg

Greek Prime Minister Alexis Tsipras probably has 48 hours to resolve a standoff with creditors before civil unrest breaks out and ATMs run out of cash, hedge fund Balyasny Asset Management said.

Fund managers are questioning how the International Monetary Fund and Europe’s leaders can seal a deal with Athens following the “no” vote in a Greek referendum on Sunday. Sixty-one percent of voters rejected austerity, increasing the likelihood of an exit from the euro area.

“I don’t see a good resolution any time soon,” Colin Lancaster, senior managing director with Balyasny, a $9 billion fund based in Chicago, said in an e-mailed response to questions. “The big question is whether the EU adopts a strategy of waiting them out. The hope would be that the unrest leads to a unity government or change in government.”



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Sunday, June 28, 2015

Greeks Line Up At Banks And Drain ATMs 

By Christos Ziotis, Jun. 27, 2015, Bloomberg

Greece’s banks may need an injection of fresh emergency funds to operate Monday as people rushed to pull out money after Prime Minister Alexis Tsipras called a referendum that could decide his country’s fate in the euro.

Two senior Greek retail bank executives said as many as 500 of the country’s more than 7,000 ATMs had run out of cash as of Saturday morning, and that some lenders may not be able to open on Monday unless there was an emergency liquidity injection from the Bank of Greece. An official with Greece’s Capital Markets Commission, the markets’ regulator, also warned that the Athens Stock Exchange may be unable to operate on Monday without a cash injection into the banking system. A Greek central bank spokesman said it was making efforts to supply money.



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Monday, June 22, 2015

Dutch Party Leader Wilders Posts Muhammad Cartoons On YouTube 

By Corina Ruhe, Jun. 20, 2015, Bloomberg

The controversial Dutch politician Geert Wilders showed cartoons of the Prophet Muhammad in a three-minute film on YouTube on Saturday after public television didn’t air the program as planned.

Wilders, a parliamentarian for the Freedom Party, had intended the film to be televised during a slot granted to political parties in the Netherlands. Dutch public broadcasting system NPO said it had received the wrong footage and the program would air on June 24.

“It’s important we show them,” Wilders said of the nine cartoons in the film. “That is the only way to assure that the terrorists do not defeat freedom of speech.”

Wilders has been a vocal opponent of Islam and migration to the Netherlands, using his Twitter account to rail against everything from Islamic State killings to refugees seeking asylum. He has lived under police protection since 2004 following death threats. In his 2008 film “Fitna,” he called on Muslims to rip out “hate-preaching” verses from the Koran.

More: www.bloomberg.com


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Wednesday, June 10, 2015

U.S. Ousts Russia As World’s Top Oil, Gas Producer In BP Report

By Rakteem Katakey, Jun. 10, 2015, Bloomberg

The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.

U.S. oil production rose to a record last year, gaining 1.6 million barrels a day, according to BP Plc’s Statistical Review of World Energy released on Wednesday. Gas output also climbed, putting America ahead of Russia as a producer of the hydrocarbons combined.

The data showing the U.S.’s emergence as the top driller confirms a trend that’s helped the world’s largest economy reduce imports, caused a slump in global energy prices and shifted the country’s foreign policy priorities.

“We are truly witnessing a changing of the guard of global energy suppliers,” BP Chief Economist Spencer Dale said in a presentation. “The implications of the shale revolution for the U.S. are profound.”



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Monday, June 8, 2015

Jeers For Lew From Israel Backers As He Touts Iran Deal

By Kasia Klimasinska, Jun. 7, 2015, Bloomberg

Treasury Secretary Jacob J. Lew defended the U.S. pursuit of a nuclear agreement with Iran, over the jeers of some Israel supporters, saying economic sanctions would be reimposed if Iran breaks the terms the potential deal.

“This snapback mechanism will give us crucial leverage to ensure that Iran remains in compliance for years after any agreement is reached,” Lew said at a Jerusalem Post conference Sunday in New York.

“If we reach an agreement and Iran ends up flouting its obligations, we will know, and we will have preserved all our options -- including economic and military measures -- to make sure that Iran can never acquire a nuclear weapon,” he said in a speech defending the proposed deal.

Lew, the first Orthodox Jew to be U.S. Treasury chief, was heckled by some attendees after comments such as “no administration has done more for Israel’s security than this one.” At one point, a moderator broke in and asked the crowd to stop interrupting. The audience applauded when he listed details of U.S. support to Israel, including $20 billion in military aid under the Obama administration.


Read the full story: www.bloomberg.com
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Saturday, June 6, 2015

Jeb Bush Facing Crucial Two-Week Stretch

By Michael C. Bender, Jun. 5, 2015, Bloomberg

When Jeb Bush returns next week from Estonia, the tiny, technologically advanced country that shares a border with Russia, he’ll have about 48 hours to shake off the jet lag before a June 15 rally in Miami, where he formally announces his decision to enter the race for the Republican presidential nomination.

That will be the midpoint of a crucial two weeks in which Bush will first try to establish his foreign policy credentials, and then introduce himself to voters. The week before his campaign launch, the former Florida governor travels to Germany, Poland and Estonia; the week after, he will be stumping in Iowa, New Hampshire and South Carolina.

In case there's any doubt what Bush will be announcing later this month, his spokeswoman Kristy Campbell offered this Thursday: "Governor Bush is thankful for the support and encouragement he's received from so many Americans, and is excited to announce his decision."


Read the full story: www.bloomberg.com

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Sunday, May 24, 2015

Redacted Words Cause Hillary Clinton Caused More Trouble Than 296 E-Mails 

By Mark Drajem, Billy House, Ben Brody, May 22, 2015, Bloomberg

It wasn’t the 296 e-mails released Friday that caused the most trouble for Hillary Clinton. It was the 23 words that were redacted.

After months of review, the administration published messages Clinton exchanged about the deadly attacks in Benghazi, Libya, with her colleagues and friends while she was secretary of state. Those memos contained none of the evidence to bolster critics who say she withheld security for the U.S. outpost there or deliberately misled the public about the ties between the attackers and al-Qaeda terrorists.

Still, on the day of its scheduled release, the State Department, at the request of the Federal Bureau of Investigation, labeled a part of a November 2012 e-mail to her about arrests in the Benghazi killings as classified, and kept it secret. That’s a problem for Clinton because she said the private e-mail address she chose to use while secretary was never the vehicle for classified information.


Read the full story: www.bloomberg.com

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Friday, May 1, 2015

Saudi Arabia Is Burning Through Its Foreign Reserves At A Record Pace 

Source:  Workers.org
By Nafeesa Syeed and Rinat Gaynullin, Apr. 30, 2015, Bloomberg.com

Saudi Arabia is burning through foreign reserves at a record pace as the largesse of the new king and regional turmoil ratchet up pressure on public finances already hurt by the oil price slump.

The kingdom spent $36 billion of the central bank’s net foreign assets -- about 5 percent of the total -- in February and March, the biggest two-month drop on record, data released this week show. The fall was in part due to King Salman’s order to give government employees and pensioners a two-month bonus after he ascended to the throne of the world’s biggest oil exporter in January.


Read the full story:  www.bloomberg.com

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Wednesday, February 4, 2015

It’s Pork Over Beef In America For First Time Since 1952

By Megan Durish, Feb. 3, 2015, YahooFinance.com / Bloomberg

In the U.S., the country that made the hamburger a global icon of American fast-food cuisine, beef is about to fall another spot on the meat scale.

For the past two decades, chicken has outranked beef as the most produced meat, and now pork is about to surpass it as well. Hog herds have rebounded from a deadly virus last year, while record-high meat prices and cheaper feed led to breeding of more sows and bigger pigs. As pork output in 2015 jumps 4.6 percent to a record, cattle ranchers have yet to recover from a 2012 drought, and beef production is headed for a 22-year low, the U.S. Department of Agriculture estimates.

When porcine epidemic diarrhea virus killed millions of piglets across the country in 2014, prices for bacon and pork chops surged to all-time highs as supplies tightened. With more hogs arriving in recent months and demand increasing, costs are dropping for buyers including Domino’s Pizza Inc. and Hormel Foods Corp.


Read the full story:  www.finance.yahoo.com

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