Australian Debt Clock Blog Post 12| 27th December 2015 U.S. Federal Reserve Breaks Bad In the wind up of 2015 the Federal Reserve (FED, U.S. ‘…inflation at the rate of 2 percent (as measured by the annual change in the price index for personal consumption expenditures, or PCE) is most consistent over the longer run with the Federal Reserve's mandate for price stability and maximum employment.’ Source: U.S. Although this is a relatively small increase to the rate at which U.S. private banks borrow from the FE, and future increases are forecast to be gradual; inflation only averaged 0.07% from January 2015 to November 2015. ‘…it is reasonably confident that inflation will rise, over the medium term, to its 2 percent objective.’ Source: U.S. However, modern central banking theory and empirical evidence only support the use of, what is conventionally known as contractionary monetary policy (reducing the money supply through raising interest rates), to invoke a decrease to inflation. What is the probable outcome?
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DER SPIEGEL 47/2017 Jamaika REGIERUNG Nach vier Wochen quälender Sondierungen und einer 15-stündigen Dauersitzung haben sich die Jamaikaparteien vertagt. Nun soll noch einmal drei Tage lang verhandelt werden. Doch zwischen CSU und Grünen sind die Fronten verhärtet. Erdoğans langer Schatten EXTREMISTEN In kaum einem anderen Land Europas hat der türkische Staatschef so viel Einfluss wie in Deutschland. Die Namenlosen VISUAL STORY „Nummer 25“ steht auf dem Grabstein. Bayerisches Endspiel PARTEIEN In der CSU naht die Stunde der Entscheidung: Zieht sich Horst Seehofer zurück? Jenna Behrends Sie beschwerte sich in einem offenen Brief an die CDU über Sexismus in ihrer Partei. Ryanair auf Rädern REISEN Der Billigbusbetreiber Flixbus verbindet ganz Europa. Larissa Sarand Sie weiß nicht, ob sie geheilt ist; akut magersüchtig ist sie im Moment jedenfalls nicht. Robert Gabriel Mugabe Das Sterben der Wale
Real News 24/7 Topix - Australia News 1 hr ago | The Age The making of an unlikely radical Hated by progressives for his role in Gough Whitlam's dismissal and his ultra-conservative foreign policies when Liberal PM, Malcolm Fraser today believes Australia should cut all military ties to the US. Trending on the Topix Network 5 hrs ago | Sydney Morning Herald Australian banks profit from NZ After years of sub-par growth in New Zealand, signs of economic recovery in what has been dubbed the ''rock star economy'' bode well for Australia's big banks. 10 hrs ago | The Age Rowdy Australian sparks plane hijack fear A drunk passenger has caused the closure of Bali's airport when a Virgin Australia pilot reported a hijacking attempt. 14 hrs ago | Canada.com Drunken passenger arrested in Bali after hijack scare on flight from Australia RACE PACKAGE PICKUP IS LOCATED AT BC PLACE STADIUM'S EAST ENTRANCE Individual race package pickup is at BC Place Stadium for three days only. 18 hrs ago | Iol.co.za Search for MH370 'may last for years' Sunherald.com
Le mini-journal par e-mail pour y voir plus clair dans l'actualité Home Viral Alternative News NewStatesman - Russell Brand on revolution IIn the summer of 1970, a 34-year-old Welsh artist with a shock of prematurely white hair and a thick, moustache-less goatee was asked by the Times to draw political cartoons during the general election campaign. Idealistic and mistrustful of authority, Ralph Steadman saw little that was likeable or even distinguishable in the Conservative Party’s Edward Heath and Labour’s Harold Wilson. But he had four children to support from a recently ended marriage and needed a steady income, so he accepted the assignment – and got on with causing offence. Steadman’s first cartoon for the newspaper, featuring the diminutive Mr Weath and Mr Hilson, as he named them, along with the Liberal Party leader, Jeremy Thorpe, was titled Happiness Is a Small Politician. Another used the three faces to form the undulations of a landscape, which he called The Wasteland. Dear Ralph . . . Now, a few months later, Thompson was eager to capitalise on the success by taking on more assignments with Steadman.