China May CPI Rises At Slowest Pace In 2 Years, PPI Fell More Than Expected
China 's inflation cooled in May, giving Beijing more wiggle room to loosen policy and stimulate growth. The world's second-largest economy reported its consumer price index rose 3 percent in May from a year earlier -- the slowest pace in two years
Categories: Business financial, Personal Finance Tags: banks, euro, financial, financial crisis, important, recommended, soros-speech-illustrated, var-cat
China’s May CPI Rises At Slowest Pace In 2 Years; PPI Fell More Than Expected
China 's inflation cooled in May, giving Beijing more wiggle room to loosen policy and stimulate growth. The world's second-largest economy reported its consumer price index rose 3 percent in May from a year earlier -- the slowest pace in two years. That was down from April's 3.4 percent increase and lower than economists' forecast of a 3.2 percent rise.
Categories: Business financial, News in finance, Personal Finance Tags: banks, banks-primed, close-italian, euro, financial crisis, george-soros, important, recommended, soros-speech-illustrated, var-cat
US Trade Gap Shrinks In April, But Deficit With China Worsens
Lower U.S. demand for crude oil and petroleum products in April helped shrink the nation's balance-of-trade deficit from the previous month, the Commerce Department said Friday, but the trade deficit with China worsened.
Categories: Business financial Tags: banks-primed, financial, financial crisis, george-soros, illustrated, important, soros-speech-illustrated, speech, var-order
US Trade Deficit Improves In April: Commerce Dept.
Lower U.S. demand for crude oil and petroleum products in April helped shrink the nation's balance-of-trade deficit from the previous month, the Commerce Department said Friday.
Categories: Business financial, News in finance Tags: banks, banks-primed, close-italian, euro, financial, financial crisis, george-soros, important, recommended, soros-speech-illustrated, speech, var-order
George Soros Speech ‘Most Important’ on the Euro Financial Crisis — Illustrated
After George Soros , the influential hedge fund manager, posted a speech he gave at an economics conference in Italy last week, the financial blogosphere and the mainstream media, including the New York Times and the Washington Post lit up -- mostly with praise. Joe Weisenthal, Business Insider's blogger, called it "brilliant," "dynamo" and "killer." On Twitter , Tony Fratto, a CNBC contributor and former treasury secretary, wrote that he'd "never had anything recommended to him more frequently." The speech begins with a wonky description of the state of modern economics and then dives deeply into an intriguing analysis of the European financial crisis -- and warns that there are only a few months left to resolve it or the debacle will bring down global economies with it. His assessment is novel: He sees the crisis as a political "bubble" that began to emerge with the very first steps of European unification; the road to this crisis, Soros says, was paved with the best of geopolitical intentions.
Categories: Business financial, News in finance Tags: close-italian, euro, george, george-soros, illustrated, important, recommended, soros-speech-illustrated, var-cat, var-order