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The great interest rate rip off part 10


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IMF quits Greek talks; EU tells Tsipras - stop gambling

 

The International Monetary Fund dramatically raises the stakes in Greece's stalled debt talks, announcing that its delegation has broken off negotiations in Brussels and flown home because of major differences with Athens. Full Article | Video

 

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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Hayes's ex-boss Pieri asked for high Libor rates, London court hears

 

5:20pm BST

 

Mega African trade bloc paves way for continental commerce

 

Africa 5:16pm BST

 

Royal Mail, RBS share sales dominate as FTSE edges higher

 

FXpert, 5:13pm BST

 

Exclusive - Towers Watson, Shanda, CITIC vying for Russell Investments: sources

 

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Strong U.S. retail sales boost growth outlook

 

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U.S. household net worth increases to $84.9 trillion

 

5:04pm BST

 

IMF quits Greek talks; EU tells Tsipras - stop gambling | btn_rel_video.gif

 

World, IMF 5:03pm BST

 

Greek govt says ready to conclude debt deal in coming days

 

World, IMF, 5:02pm BST

 

EU tax probes on Apple, Amazon, Starbucks at advanced stage - European Commission

 

5:01pm BST

 

UK's Aldbrough gas storage resumes operations after outage - SSE

 

4:56pm BST

 

U.S. economy seen growing 1.9 percent in second-quarter - Atlanta Fed

 

4:53pm BST

 

Mercedes opens Indian factory to cut costs and boost sales

 

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Ukraine seeks 40 percent bond writedown, moratorium threat enrages creditors

 

IMF 4:51pm BST

 

RBS shares rise despite Labour criticism of share sale | btn_rel_video.gif

 

4:48pm BST

 

Woodford exits bets on Sanofi, adds drug, tech firms

 

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Swiss say Bosnian Muslim wartime commander to contest extradition

 

World 4:37pm BST

 

Stocks gain on Greece hopes, dollar up on U.S. data

 

FXpert 4:31pm BST

 

EU says Juncker made 'last attempt' at deal with Tsipras

 

World, 4:29pm BST

 

Russia says Ukraine would be in default if it misses debt payment on $3 billion bond - TASS

 

4:27pm BST

 

Deutsche Boerse launches platform for start-ups to woo investors

 

4:25pm BST

 

Rupert Murdoch preparing to step down as Fox CEO - reports

 

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Competition watchdog tells Ryanair to cut Aer Lingus stake

 

Aerospace & Defence 4:11pm BST

 

RBS set to appoint Bank of America as corporate broker -source

 

4:08pm BST

 

VW sales chief's job on the line as carmaker reorganises - sources

 

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IMF cites 'major differences' with Greece, team leaves Brussels

 

IMF, World 4:02pm BST

 

Greek debt negotiators leave Brussels for Athens - source

 

World, IMF 4:02pm BST

 

Boeing revises up jet demand forecast

 

Aerospace & Defence 3:57pm BST

 

Airlines weigh up Lufthansa ticket distribution charge

 

Aerospace & Defence 3:56pm BST

 

LSE Group names former SEC head Schapiro non-executive director

 

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U.S. appeals court rejects challenge to Shell spill plans in Alaska

 

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Tsipras, Juncker end talks, saying work continues

 

World 3:44pm BST

 

Juncker told Tsipras possible way to reach deal - EU official

 

World 3:44pm BST

 

Hudson's Bay in lead to buy Metro's Kaufhof - sources

 

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Fashion brand Bally back on growth path, says CEO

 

Japan 3:40pm BST

 

HSBC can't sue Deutsche Bank unit over mortgage securities deal - court

 

3:28pm BST

 

Carrefour boss granted three more years to seal revival

 

3:23pm BST

 

Fiat Chrysler declines to comment on report of Peugeot being a merger target

 

3:19pm BST

 

Peugeot rises on report it could be target for Fiat

 

3:18pm BST

 

Europe tries to compete with China's influence in Latin America

 

3:08pm BST

 

U.S. business inventories post largest gain in nearly a year

 

3:02pm BST

 

Whirlpool windmill produces power without blades

 

Spain 2:56pm BST

 

ECB's Draghi defends private meetings after criticism of hedge-fund dinner

 

2:50pm BST

 

UK budget watchdog slashes forecast for oil and gas tax revenue

 

2:18pm BST

 

Safran says too early to commit to new jet output rise

 

Aerospace & Defence 1:11pm BST

 

Ryanair says Aer Lingus sale decision likely to follow EU probe

 

1:07pm BST

 

EU regulators see harm in GE's Alstom power deal - sources

 

1:05pm BST

 

Greece hasn't agreed to a 1 percent primary surplus this year: finance minister

 

World 1:03pm BST

 

French finance minister says no one can afford failure on Greece

 

World 1:03pm BST

 

No more time for Greek gambling, EU's Tusk says

 

World 1:03pm BST

 

Greece's jobless rate rises to 26.6 percent in first quarter

 

World 12:44pm BST

 

Cinven's purchase of Telekom Slovenia delayed by hitch

 

12:42pm BST

 

Greece agreed to work intensively with creditors - Merkel

 

World 12:32pm BST

 

Shell considers pulling plug on final Ukraine exploration well

 

12:12pm BST

 

Greek bank shares surge on new prospect of Athens debt deal

 

12:06pm BST

 

EU opens investigation into Amazon's e-book business

 

11:52am BST

 

Daimler eyes more than two billion euro savings in next efficiency plan

 

11:50am BST

 

'Greek tragedy' needs happy ending now - EU's Moscovici

 

World 11:46am BST

 

France says Greek primary surplus essential issue, will look at debt after

 

World 11:27am BST

 

UK's Argos hurt by electricals sales dip

 

11:19am BST

 

French finance minister says no one can afford failure on Greece

 

World 10:53am BST

 

Mulberry's return to its roots helps sales after profit plunge

 

9:32am BST

 

WS Atkins shares hit new high after profit beat

 

9:31am BST

 

Tim Cook received complaints on Apple's bag check policy

 

9:21am BST

 

Britain raises 750 million pounds from Royal Mail stake sale

 

UK 8:28am BST

 

Britain to start selling shares in RBS as Osborne swallows loss

 

UK 8:20am BST

 

Shares in RBS rise after UK unveils plan to sell shares

 

UK 8:20am BST

 

UK clamps down on markets after trader scandals

 

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Daimler CEO says expects second-quarter to be better than first

 

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Daimler expects double digit sales growth in China this year

 

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Healthcare investor Malin buys stake in Altan Pharma

 

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China May investment up 11.4 percent year-on-year, surprisingly weak

 

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Germany against third aid programme for Greece under any circumstances - Bild

 

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Insight - Rising cost on U.S. rate swaps raises worries

 

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China May fiscal spending growth slows sharply as local governments struggle

 

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UK house prices set to rise further, sellers absent - RICS

 

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Deutsche Bank's grip on Asia FX market may slip on Jain's exit

 

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Hedge fund, Samsung Group locked in fight over $8 billion merger

 

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Japan corp sentiment dips on inventory adjustment, rebound seen

 

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Europe's leaders realise Greece needs viable solution - Tsipras

 

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Big four UK grocers share of market to fall 4 percent by 2020 - Moody's

 

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Merkel, Hollande, Tsipras agree to intensify debt talks | btn_rel_video.gif

 

World, 12:29am BST

 

Europe's leaders realise Greece needs viable solution - Tsipras

 

World 12:29am BST

 

UK house prices set to rise further, sellers absent - RICS

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

Amazon’s E-Books Business Investigated by European Antitrust Regulators

 

By MARK SCOTT and DAVID STREITFELD 23 minutes ago

 

The investigation is the latest hurdle for Amazon and other American tech giants as European policy makers pursue antitrust, tax and other inquiries.

 

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Idle Home Builders Hold China’s Economy Back

 

By NEIL GOUGH 7:40 AM ET

 

Investments in new real estate developments are growing at their slowest pace since 2009, which could have an outsize effect on the economy.

 

ukrainemoney1-thumbStandard.jpg

Russian Groups Crowdfund the War in Ukraine

 

By JO BECKER and STEVEN LEE MYERS

 

Several groups are running online campaigns to brazenly raise money for rebels in eastern Ukraine, helping succor a conflict that has killed thousands.

 

 

dbpix-matt-murphy-thumbStandard.jpg

Top Executive at Kleiner Perkins to Make Rare Silicon Valley Shift, to Menlo Ventures

 

By MICHAEL J. de la MERCED 7:30 AM ET

 

Matt Murphy, who had close connections to Google and other prominent tech investments, is joining Menlo Ventures as a managing director.

 


 

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Lululemon’s Founder to Sell His Stake in Company

 

By HIROKO TABUCHI 10:53 AM ET

 

The yoga wear maker’s founder, Dennis Wilson, held 14 percent of the company’s outstanding shares, valued at about $1.2 billion.

 

11jcrew4-thumbStandard.jpg

J. Crew Flounders in Fashion’s Shifting Tides

 

By JULIE CRESWELL

 

The retailer’s sales have slumped because of two industrywide trends — “athleisure” wear and fast fashion — but it has also made its share of missteps.

 

 

 

 

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

'Years more spending cuts to come'

 

 

 

 

Further cuts to government spending will be needed beyond this parliament in order to bring the national debt under control, the Office for Budget Responsibility (OBR) has warned.

 

Related content

 

 

 

Murdoch to step down as Fox boss

 

Rupert Murdoch is preparing to step down as chief executive of 21st Century Fox and hand over the title to his son James.

 

  • 24 minutes ago
  • From the section Business

 

 

Related content

 

 

 

Full article Murdoch to step down as Fox boss

 

 

 

 

 

Chancellor announces RBS sell-off

 

The government plans to sell its stake in the Royal Bank of Scotland, Chancellor George Osborne announces in his annual Mansion House speech.

 

 

 

Related content

 

 

 

Full article Chancellor announces RBS sell-off

 

Payday loan complaints nearly halve

 

 

Full article Payday loan complaints nearly halve

Westminster house prices 'fall 22%'

 

 

Full article Westminster house prices 'fall 22%'

Amazon in European e-book probe

 

 

Full article Amazon in European e-book probe

 

 

 

Ryanair told to sell Aer Lingus stake

 

 

Full article Ryanair told to sell Aer Lingus stake

'Alpha male' bankers criticised

 

 

Full article 'Alpha male' bankers criticised

EU says time for Greek 'happy ending'

 

  • 1 hour ago
  • From the section Europe

 

Full article EU says time for Greek 'happy ending'

Government sells more of Royal Mail

 

 

Full article Government sells more of Royal Mail

Nestle challenges Maggi noodles ban

 

  • 8 hours ago
  • From the section India

 

Full article Nestle challenges Maggi noodles ban

Argos hit by dip in electrical sales

 

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

Negotiators leave Brussels as Greek debt talks grind to a halt

 

An IMF team has left Brussels citing "major differences" with Greek negotiators that could not be overcome

chapiro_2410024g.jpg

Former head of the SEC joins the London Stock Exchange

 

Exchange heralds Mary Schapiro's knowledge of US markets

 

rig_2332463g.jpg

Oil price plunge will hammer North Sea producers for decades

 

North Sea oil industry will continue to struggle as prices stay low wells dry up

 

HSBC_1783285d.jpg HSBC could be downgraded, Fitch warns

 

 

Ratings agency's warning comes as bank prepares thousands of job cuts and considers UK exit

 

petrol_2195149g.jpg

Petrol prices 'to rise' as demand grows more than expected

 

RAC Foundation calls on Chancellor to avoid fuel duty increase next month

 

RBS shares jump after Osborne signals sell-off

 

The_Daily_Telegrap_3337809d.jpg

The bailed-out bank is returning to the private sector seven years after its rescue by the state

 

 

shopfeature_1497694g.jpg

Tesco, Sainsbury's and Morrisons 'can't afford more price cuts'

 

Moody's report highlights pressure on grocery industry as it warns sales and profit margins will not improve for 12 to 18 months

 

 

greeneking_2193410g.jpg

Greene King's takeover of Spirit moves closer

 

Pub company says deal could close within weeks

Mapped: Where in the world are house prices growing fastest?

 

How you have become the boss of everywhere you shop

 

Osborne's plan to make budget deficits illegal could change the rules of politics forever

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

Link to post
Share on other sites

S&P cuts UK outlook on EU exit vote

 

 

 

 

The ratings agency Standard and Poor's cuts its outlook for the UK economy to negative from stable because of a planned referendum on EU membership.

 

 

 

Related content

 

 

 

Greek default fears rattle markets

 

Shares across Europe fall sharply amid reports that senior EU officials have discussed a Greek default for the first time.

 

 

 

Related content

 

 

 

Full article Greek default fears rattle markets

 

 

 

 

 

UK construction falls in April

 

Output in the construction industry falls 0.8% in April compared to the previous month, but new housing contributes to a 1.6% increase in all new work.

 

 

 

Related content

 

 

 

Full article UK construction falls in April

 

Network Rail in reliability probe

 

  • 12 June 2015
  • From the section Business
  • 481 comments

 

Full article Network Rail in reliability probe

Orange boss tells Israel of regret

 

 

Full article Orange boss tells Israel of regret

Australian workers 'stressed and fat'

 

  • 12 June 2015
  • From the section Business

 

Full article Australian workers 'stressed and fat'

 

 

 

Honda outlines cost of airbag recalls

 

  • 12 June 2015
  • From the section Business

 

Full article Honda outlines cost of airbag recalls

Greek woes depress FTSE 100 further

 

 

Full article Greek woes depress FTSE 100 further

Twitter chief Costolo steps down

 

  • 11 June 2015
  • From the section Business

 

Full article Twitter chief Costolo steps down

BT's broadband prices under scrutiny

 

 

Full article BT's broadband prices under scrutiny

Roaming Sim card tackles UK notspots

 

 

Full article Roaming Sim card tackles UK notspots

France ponders Germanwings charge

 

  • 11 June 2015
  • From the section Europe

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

EU talks of Greek default as Athens holds out hope

 

ATHENS/BRUSSELS - EU officials reveal that they have held their first formal talks on the worst-case scenario for Greece, but the darkening outlook fails to fluster Prime Minister Alexis Tsipras, who holes up with his negotiators after proclaiming his optimism at an open air concert. Full Article | Related Video

 

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

Shares drop on Greek woes, output worry hurts oil

 

FXpert 7:59pm BST

 

Twitter seeks new CEO, and more users, as Costolo exits | btn_rel_video.gif

 

7:31pm BST

 

EU holds first talks on Greek default as Athens holds out hope | btn_rel_video.gif

 

World, 7:20pm BST

 

UK risks losing last AAA rating as S&P eyes EU exit vote

 

UK 7:07pm BST

 

U.S. officials say Takata air bag likely involved in fatal crash

 

6:50pm BST

 

UK growth set for boost as construction data changes kick in

 

UK, 5:58pm BST

 

IMF angry at Greeks but frustrated at euro zone too

 

World, IMF 5:44pm BST

 

Greek counter-proposals to focus on budget issues - govt official

 

World 5:35pm BST

 

Hayes promised fees to brokers through "wash" trades, court hears

 

5:33pm BST

 

Afren finance director resigns amid recapitalisation

 

Sport, 5:32pm BST

 

FTSE takes a hit from weaker energy stocks and Greece

 

FXpert 5:09pm BST

 

Oil down on profit-taking as Saudis look to raise output

 

FXpert, Middle East 5:01pm BST

 

Greek PM spoke with EU's Juncker on bailout negotiations

 

World 5:00pm BST

 

Greece says to restart talks in Brussels, submit counter-proposals

 

World 4:33pm BST

 

JPMorgan hires former UK watchdog official to advise on regulation

 

4:31pm BST

 

Ensus in job cut talks as UK biofuels plant remains offline

 

4:01pm BST

 

Germany's Merkel backs loose ECB policy that has weakened euro

 

World, Spain 3:23pm BST

 

Germans losing patience with Greece, most want it out of euro - poll

 

World 2:36pm BST

 

BMW passenger car sales rise 4 percent in May

 

2:30pm BST

 

China inspects six more state firms in anti-graft drive

 

2:08pm BST

 

As debt deadline looms, which way will Greece go?

 

World 2:06pm BST

 

Nestle argues against 'arbitrary' noodle ban in Indian court

 

1:40pm BST

 

Exclusive - Euro zone formally discusses Greek default for first time

 

1:27pm BST

 

Liberty, Vodafone believe EU more relaxed on cable mergers

 

1:21pm BST

 

'Brexit' threatens London but don't expect a stampede - City boss

 

UK 12:40pm BST

 

Mexico, EU aim for deeper trade ties with new accord

 

12:24pm BST

 

Lonmin under pressure after Glencore stake transfer to shareholders

 

12:23pm BST

 

Twitter's Dick Costolo to step down as CEO in yet another shake-up | btn_rel_video.gif

 

12:10pm BST

 

Twitter fans pay tribute to departing CEO as Wall Street cheers his exit

 

12:10pm BST

 

Bank of England's McCafferty says time for rate rise getting nearer

 

12:03pm BST

 

Virgin exploring possible purchase of Spain's Yoigo - report

 

12:02pm BST

 

Fearful ECB starts countdown on Greek funding lifeline

 

World 11:38am BST

 

China economy showing signs of recovery - stats official

 

11:37am BST

 

EU Commission says IMF is fully engaged with Greece

 

World, IMF 11:31am BST

 

Germany says IMF leaving talks a 'warning' to Greece

 

World, IMF 11:23am BST

 

IMF not giving up on Greek negotiations - EU's Juncker

 

IMF, World 11:18am BST

 

Amplats looking to float South African mines - sources

 

Africa 10:52am BST

 

Eurogroup chief: talks await "serious proposals" from Greece

 

World 10:46am BST

 

Merkel: "Where there's a will there's a way" on Greece, so let's talk

 

World, 10:24am BST

 

Ofcom proposes price controls for BT's high-speed business lines

 

9:52am BST

 

Holcim's top investor sees Lafarge-Holcim share hitting 100 Sfr - Bilanz

 

8:56am BST

 

Honda to restate earnings to reflect expanded air bag recalls

 

8:50am BST

 

Airbus to decide on A380 revamp this year - WirtschaftsWoche

 

Aerospace & Defence 8:33am BST

 

Alstom to continue to defend GE deal with EU

 

8:30am BST

 

Tullett sees higher costs due to expansion plans

 

8:20am BST

 

Eurogroup head says Greece must make tough decisions - report

 

World 7:55am BST

 

Ted Baker posts strong rise in first quarter sales

 

7:39am BST

 

Insight - Bond selloff a wild card that could delay Fed rate hike

 

Special Reports 6:04am BST

 

Rupert Murdoch to hand Fox CEO title to son James | btn_rel_video.gif

 

3:37am BST

 

James Murdoch, Harvard dropout, steps into limelight at Fox

 

3:05am BST

 

U.S. passage of 'fast-track' bill will be welcome move for Japan - Amari

 

Japan 1:56am BST

 

Japan finance minister - must ensure economy ready for 2017 sales tax hike

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

UK's credit rating downgraded to 'negative' by S&P on EU referendum risk

 

unionflag_3337436d.jpg

A second major ratings agency has warned that Brexit could harm the UK's economy

 

66994952_FILE_-_In_3339708g.jpg

Greek deal 'unimaginable' without departed IMF, warns Dijsselbloem

 

The Eurogroup chief has warned that progress cannot be made without the participation of the IMF

253 Comments

 

bank_1782359g.jpg

Interest rate rise getting closer, says Bank of England policymaker

 

Bank of England preparing to raise rates for first time since financial crisis

 

union_3339786g.jpg

Brexit 'would sap London's wealth and power'

 

There is a risk London's financial centre could shrink if Britain left the EU, warns the City of London’s policy chief

 

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Move business rates in line with CPI, industry urges

 

Outdated business rates system is a barrier to investment and should be reformed, the CBI warns

 

Is this the new name for HSBC? Chairman says former brand Midland is ‘odds-on favourite’

 

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UK growth boost as construction shake-up reveals stronger economy

 

Country's economy grew at strongest pace in more than a decade last year

 

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Iglu steams ahead with significant private equity capital

 

The online travel agency has taken a £60m investment from LDC

 

Rupert Murdoch to step down as CEO of Fox

 

Rupert-Murdoch_2135847d.jpg

Media mogul's son reportedly in line to take top job

 

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Grey pound lifts Bonmarche profits 55pc higher

 

Over-50s fashion brand unveils strong profit growth after warm weather sparks dash for more revealing garments

 

AEP: Fed tantrum sets off biggest exodus from emerging markets since 2008

 

Is Greece at risk of becoming the next Zimbabwe?

 

Gaddafis missing billions shows risk of sovereign wealth funds

 

The day I knew that RBS was bust

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

House Rejects Trade Bill, Rebuffing Obama’s Dramatic Appeal

 

By JONATHAN WEISMAN 1:46 PM ET

 

 

The vote torpedoed President Obama’s push to expand his trade negotiating power, and probably his chance to secure a legacy-defining trade accord spanning the Pacific Ocean.

 

 

 

 

13money-web-sfSpan.jpg

Emily Rose Bennett for The New York Times

 

 

Your Money

 

Taking On Student Debt, and Refusing to Pay

 

By RON LIEBER 11:21 AM ET

 

The ramifications of defaulting and remaining in debt deliberately are usually real and lasting.

 

 

 

 

 

 

 

 

 

 

Chinese Hackers Circumvent Popular Web Privacy Tools

 

By NICOLE PERLROTH 1:00 PM ET

 

Exploiting a vulnerability in server software used by Chinese Internet portals, hackers were able to unmask visitors to sites deemed hostile by the government.

 

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Gawker’s Moment of Truth

 

By JONATHAN MAHLER 12:32 PM ET

 

Gawker Media, which built a digital empire on snark, now finds itself confronting the same challenges as the establishment media companies it once aimed to upset.

 

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Organic Farmers Object to Whole Foods Rating System

 

By STEPHANIE STROM

 

Under a new program, conventional farmers can earn higher marks than organic farmers, who have long had a close relationship with the grocery chain.

 

 

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Rupert Murdoch to Put Media Empire in Sons’ Hands

 

By EMILY STEEL and RAVI SOMAIYA 11:28 AM ET

 

Mr. Murdoch put the succession plan in place in March 2014 when he named his sons James and Lachlan to senior positions in his companies.

 

 

 

12euamazon-web-thumbStandard-v2.jpg

Amazon’s E-Books Business Investigated by European Antitrust Regulators

 

By DAVID STREITFELD and MARK SCOTT

 

The investigation is the latest hurdle for Amazon and other American tech giants as European policy makers pursue antitrust, tax and other inquiries.

 

12greekdebt-web-thumbStandard.jpg

I.M.F. Recalls Negotiators as Deadline Looms for Greek Deal

 

By LIZ ALDERMAN and LANDON THOMAS Jr.

 

“Major differences” with the government of Prime Minister Alexis Tsipras were reported as creditors and Athens pursue a deal.

 

 

 

 

 

 

Insight & Analysis

 

The Workologist

 

When a High Salary Is a Hurdle

 

By ROB WALKER

 

A person wants to make a lateral move within the same field, but the job pays less. She asks how to finesse her salary so she doesn’t seem overqualified.

 

Wealth Matters

 

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Tough Choices for Succession in the Family Business

 

By PAUL SULLIVAN 40 minutes ago

 

When it’s time for founders to pass the torch, a fallout can occur, leaving adult children feeling slighted. But proactive steps can help ease the transition.

 

Life@Work

 

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Overcoming the Confidence Gap for Women

 

By TONY SCHWARTZ 2:08 PM ET

 

Recent studies show that women rate better than men in certain leadership qualities, but the number of women in leadership roles is slow to change.

 

The Upshot

 

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Carly Fiorina Shows Us Just How Weird America’s Tax System Is

 

By JOSH BARRO 10:57 AM ET

 

The Fiorinas had to file taxes in 17 states in 2013, many with only a tenuous link to their daily life or financial interests.

 

 

State of the Art

 

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For Twitter, Future Means Here and Now

 

By FARHAD MANJOO

 

Twitter should aim to become the first and only app that people load up to comment on the news.

 

 

Common Sense

 

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‘Discipline’ for Airlines, Pain for Fliers

 

By JAMES B. STEWART 2:24 PM ET

 

Airline executives’ comments about “discipline,” meaning limiting flights and seats, could be interpreted as invitations to restrict capacity increases to keep fares high.

 

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Robotica Episode 5

 

Sex Dolls That Talk Back

 

By THE NEW YORK TIMES

 

In just two years, the creator of RealDoll says he will sell a robotic version with convincing artificial intelligence, blinking eyes and a mouth that moves.

 

 

Wheels

 

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Soon, Cars May Take Away the Keys of a Drunken Driver

 

By AARON M. KESSLER

 

Touch pads that detect alcohol in blood vessels beneath the skin and sensors that analyze normal breaths could be in vehicles by the end of the decade.

 

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Driven

 

Video Review: With the Sorento, Kia Moves to the Top Shelf

 

By TOM VOELK

 

Kia abandons bargain basement pricing for something better: a crossover with broad appeal.

 

Bits Special Section: Transportation

 

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The future of transportation is already here, in cities especially. Technology is creating innovations from new modes of commuting and parking to intelligent roads. But not everyone may benefit from lower costs and more convenience.

 

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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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

Greece seeks debt relief

 

ATHENS/BRUSSELS - Greek Prime Minister Alexis Tsipras said he was willing to accept unpalatable compromises to secure a deal with international creditors provided he gets debt relief in return, something that Germany refuses to countenance. Full Article

 

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

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

Link to post
Share on other sites

Labor’s Might Seen in Failure of Trade Deal as Unions Allied to Thwart It

 

By NOAM SCHEIBER 12:36 PM ET

 

 

The labor movement’s unusual cohesion across various sectors of the economy helped derail the trade deal in Congress.

 

 

 

 

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Win Mcnamee/Getty Images

 

Richard Trumka, the A.F.L.-C.I.O. president, called labor’s efforts “democracy in action.”

 

 

 

 

 

 

 

 

 

 

 

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A Curious Midlife Crisis for a Tech Entrepreneur

 

By LAURA M. HOLSON

 

Fabrice Grinda, who is worth an estimated $100 million, ditched his 20-acre estate and $300,000 sports car in search of an elusive happiness.

 

Revalued

 

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Fossil Fuel Divestment Movement Harnesses the Power of Shame

 

By DAVID GELLES 1:17 PM ET

 

Divestment campaigns’ true impact often has nothing to do with a company’s investor base, share price or creditworthiness. It’s about reputation.

 

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Gawker’s Moment of Truth

 

By JONATHAN MAHLER

 

Gawker Media, which built a digital empire on snark, now finds itself confronting the same challenges as the establishment media companies it once aimed to upset.

 

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Jack Dorsey Returns to Twitter as Chief, to Shrugs and Quips

 

By VINDU GOEL and MIKE ISAAC

 

Mr. Dorsey is a figure of legend to newer Twitter employees, and remembered with varying degrees of fondness and fear by those who worked with him during his earlier stints there.

 

Vocations: The Social Worker

 

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Support for Holocaust Survivors

 

Interview by PATRICIA R. OLSEN 1:58 PM ET

 

Temmi Merlis, 27, tells of being a social worker with the Blue Card, a New York-based organization that assists Holocaust survivors.

 

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Young Murdoch Views TV as ‘Real Killer App’ in a New Digital World

 

By EMILY STEEL

 

James Murdoch, in partnership with his brother, Lachlan Murdoch, will be responsible for steering 21st Century Fox through the digital disruption of the 21st century.

 

The Workologist

 

21workologist-illo-thumbStandard.jpg

When a High Salary Is a Hurdle

 

By ROB WALKER

 

A person wants to make a lateral move within the same field, but the job pays less. She asks how to finesse her salary so she doesn’t seem overqualified.

 

13security-web-thumbStandard.jpg

Chinese Hackers Circumvent Popular Web Privacy Tools

 

By NICOLE PERLROTH

 

Exploiting a vulnerability in server software used by Chinese Internet portals, hackers were able to unmask visitors to sites deemed hostile by the government.

 

White House Weighs Sanctions After Second Breach of a Computer System

 

By MICHAEL D. SHEAR and SCOTT SHANE

 

Officials said that the second system contained files related to intelligence officials working for the F.B.I., defense contractors and other government agencies.

 

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Organic Farmers Object to Whole Foods Rating System

 

By STEPHANIE STROM

 

Under a new program, conventional farmers can earn higher marks than organic farmers, who have long had a close relationship with the grocery chain.

 

 

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California Cuts Farmers’ Share of Scant Water

 

By JENNIFER MEDINA

 

Farmers with longtime rights to California water will face cutbacks, the first reduction in their usage since 1977, state officials announced Friday.

 

 

 

 

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

More than 80,000 shops could close by 2017 without overhaul of business rates

 

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Retail industry warns that spike in lease expiries and rise in business rates could cause turmoil on high streets

1 Comment unionflag_3337436g.jpg

UK's credit rating downgraded to 'negative' by S&P on EU referendum risk

 

A second major ratings agency has warned that Brexit could harm the UK's economy

 

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Channel 4 chief claims privatisation would slash £200m from programmes

 

David Abraham cautions chancellor over 'short term' view of broadcaster

Comment

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Greek Prime Minister sends delegation to Brussels to break deadlock

 

Alexis Tsipras sent a delegation to Brussels on Saturday to break the deadlock with creditors and allow emergency funds needed to avoid default

130 Comments

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Oil investment cuts threaten new price spike

 

Opec’s Mohammed Saleh al-Sada called for checks on the impact of cost-cutting

 

Tesco 'needs more than £5bn to rebuild balance sheet'

 

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Analysis by credit rating agency Moody's shows Tesco needs billions of pounds to shed junk rating

Comment

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Deflation in Britain ends after a month

 

Official data expected to show inflation has returned to the UK, just a month after Britain dipped into its first spell of falling prices in 55 years

1 Comment

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AA signs up directors of John Lewis's "Bear and hare" for advertising campaign

 

AA calls on makers of tear-jerking Christmas advert to help boost the breakdown service's profile

Comment

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Iceland is out of the woods but the financial system is still dangerous, says PM

 

The country is starting to lift the crisis-era capital controls that have been in place since 2008

Comment

Farnborough flying high as it lands China air show deal

 

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The organisers of Farnborough air show are helping launch a new aviation jamboree in China intended to help open up the country to foreign aerospace companies

 

Deal vital before Greece spins out of control

 

Greek banks are on their last legs. Grexit beckons

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

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