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The great interest rate rip off part 10


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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.

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Greece economy returns to growth

 

 

 

 

The Greek economy grew by 0.8% in the second quarter of the year, confounding expectations of a steep contraction.

 

 

 

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Live Business live: 13 August 2015

 

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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

Vertical Video on the Small Screen? Not a Crime

 

By FARHAD MANJOO

 

There are strong opinions about whether to shoot video vertically or horizontally. Holding your phone the “wrong way” provokes both professional and amateur photographers.

13state-sfSpan.jpg

Stuart Goldenberg

 

 

 

 

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‘Sesame Street’ to Air First on HBO for Next 5 Seasons

 

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Under the deal, production will increase to 35 episodes a year from the current 18, and a spinoff show and another new educational series for children will be created.

 

 

 

 

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HBO, Brought to You by ‘Sesame Street’

 

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Over the years, “Sesame Street” has parodied a number of popular HBO series. If you could, what show would you parody?

 

 

 

 

 

 

 

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The renminbi’s official rate against the dollar has fallen 4.4 percent over the last three days, but officials in Beijing said it was not in free fall.

 

 

 

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Bits Blog

 

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Samsung, trying to stay ahead of the competition, announced two big-screen Galaxy phones and a mobile-payments system.

 

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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's creditors publish stark debt analysis as Syriza faces bail-out rebellion

 

Oxi_3395646d.jpg

 

China's central bank vows to control market 'herding' as yuan falls for third day

 

ox-red_1237982g.jpg

People's Bank of China dismisses speculation that policymakers want the renminbi to devalue further in a bid to placate jittery markets as currency falls again

 

 

Indian court overturns government ban on Nestle's Maggi noodles

 

noodles-01_3328381d.jpg

 

PF-repossession-ke_1949234g.jpg

Repossessions fall to historic low as home owners keep on top of their mortgages

 

Low interest rates have helped homeowners pay their mortgages

 

Coca-Cola_2921919g.jpg

Coca-Cola HBC shares fizz higher in record leap

 

Shares in the bottling company enjoyed their biggest gain since the group moved its listing to London

 

tower_3144011g.jpg

BT's £12.5bn takeover of EE boosted by Ofcom

 

Communications regulator tells competition authorities that it already has powers to address many of the concerns raised over deal

Comment

Birdseye owner Nomad to create frozen food giant with $781m Findus deal

 

Findus-Horse-Lasag_2476001g.jpg

The owner of the well-known fish fingers brand is swooping in on another frozen foods company

 

tui_1682677d.jpg TUI to take €40m hit from Tunisia attack

 

 

 

jobs0_2_1611324g.jpg

Buoyant UK jobs market boosts profits at recruiter Michael Page

 

The FTSE 250 recruitment firm will pay a special dividend of 16p a share

 

Fasten your seatbelts – there’s a little economic turbulence ahead

 

China cannot risk the global chaos of currency devaluation

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

 

 

 

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

Euro ministers set to launch Greek bailout, wooing IMF on debt | btn_rel_video.gif

 

World 8:38pm BST

 

European Commission confirms euro zone deal to lend Greece up to 86 billion euros

 

8:38pm BST

 

Euro zone agrees to launch bailout for Greece - minister

 

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Euro working group recommends 23 billion euro initial tranche to Greece

 

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Oil companies lead FTSE lower as crude prices fall

 

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Comments from euro zone finance ministers meeting on Greece

 

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Fed minutes, Chinese property prices in focus

 

FXpert 1:59pm BST

 

Germany says IMF participation in Greek bailout "decisive"

 

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Dijsselbloem welcomes Greek parliament's approval of bailout

 

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Global M&A activity surges towards record high

 

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Bwin.party $650 million buyout loan on hold until M&A more clear

 

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EU regulators to decide on FedEx, TNT deal by January 13

 

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Greek main opposition says will not back PM in confidence vote

 

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Soothed by central bank intervention, China's currency market takes Friday snooze | btn_rel_video.gif

 

11:36am BST

 

China securities regulator says market forces to play bigger role

 

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TeliaSonera, Telenor offer EU concessions over Danish JV plan

 

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Euro zone grows less than expected in second quarter

 

10:36am BST

 

Euro zone grows less than expected in second quarter

 

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Euro zone July inflation 0.2 percent, still well below ECB target

 

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Japan at critical stage in beating deflation, cheap oil helps - government

 

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German second quarter growth solid but unspectacular as investment drags

 

9:11am BST

 

Italy posts weak growth in quarter two as recovery stutters

 

9:01am BST

 

Greek PM to seek confidence vote after August 20 - goverment official

 

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Shanghai shares produce largest weekly rise in two months

 

8:24am BST

 

EU has made provisions for bridge loans to Greece - document

 

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Greece's creditors praise Athens' cooperation before Friday's Eurogroup

 

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Greece package to focus on sustainable finances, reforms - EU Commission

 

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Currency-rigging lawsuit settlements rise past $2 billion - lawyer

 

7:40am BST

 

Finnish economy stuck in three-year-old recession - data

 

7:39am BST

 

UK's Lamprell says CEO to retire next year

 

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Greek PM appeals to lawmakers to back bailout

 

7:12am BST

 

French economy stagnates in quarter two, misses expectations

 

7:06am BST

 

China, Hong Kong stocks rise as yuan depreciation fears ease

 

6:49am BST

 

China's regulators told to promote transparency, reduce complexity

 

6:49am BST

 

Chinese developers to suffer little from yuan devaluation - S&P

 

5:13am BST

 

France's Geodis nears 512 million pound deal for OHL - sources

 

5:03am BST

 

Google has until August 31 to reply to EU antitrust charges

 

3:15am BST

 

U.S. judge upholds gas market manipulation charge against BP

 

1:09am BST

 

Greece must stick to timetable to get funds - German deputy finmin

 

1:03am BST

 

Currency-rigging lawsuit settlements rise past $2 billion - lawyer

 

12:25am BST

 

Greece to get 6 billion euros in bridge loans if no agreement at Eurogroup - report

 

12:21am BST

 

Greece's creditors praise Athens' cooperation before Friday's Eurogroup

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

Even in the New Alphabet, Google Keeps Its Capital G

 

By JAMES B. STEWART

 

Google’s name is a protected trademark, and the company has fought to keep it from becoming generic, as brands like thermos, cellophane and others have.

14stewart-web-sfSpan.jpg

Sam Yeh/Agence France-Presse — Getty Images

 

Google in balloons.

 

 

 

 

 

 

 

 

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Low Oil Prices Pose Threat to Texas Fracking Bonanza

 

By CLIFFORD KRAUSS 12:05 PM ET

 

The technology that unlocked the oil in shale fields produced a boom to Karnes County, Tex., but the economy there is cooling fast.

 

 

Arab Bank Reaches Settlement in Suit Accusing It of Financing Terrorism

 

By STEPHANIE CLIFFORD 2:38 PM ET

 

The deal, made with hundreds of American plaintiffs, comes after a jury in Brooklyn found the bank liable for dealings with the group Hamas; the court was to decide on damages in that case starting Monday.

 

DB-BRAZILBANK-thumbStandard.jpg

In Good Times or Bad, Brazil Banks Profit

 

By DAN HORCH

 

With sky-high interest rates for consumers and businesses, favorable government policies and limited competition, Brazil’s banks do well, even when the broader economy is faltering.

 

 

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Stores Suffer From a Shift of Behavior in Buyers

 

By HIROKO TABUCHI

 

As Americans prioritize spending their money on experiences, not objects, department stores and other retailers are struggling with sales.

 

 

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As Greek Bailout Deal Passes, Alexis Tsipras Faces Rebellion

 

By LIZ ALDERMAN and NIKI KITSANTONIS

 

The plan was approved by lawmakers after a stormy parliamentary debate that began at 2 a.m. and lasted until 9:30 a.m. on Friday.

 

 

 

News Analysis

 

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China’s Renminbi Devaluation May Initiate New Phase in Global Currency War

 

By PETER EAVIS

 

Some analysts say the currency tensions could worsen some of the entrenched problems in the global economy. China’s move also poses a dilemma for the Fed as it considers raising interest rates.

 

 

 

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Eurozone’s Economic Growth Falls Short, Even as Greeks Shopped

 

By JACK EWING 12:59 PM ET

 

While Europe has faced a debt crisis in Greece, its bigger economies have been growing slowly as they recover from recession.

 

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Bail Reduced for British Trader Charged in ‘Flash Crash’

 

By CHAD BRAY 10:37 AM ET

 

A judge in London reduced bail for Navinder Singh Sarao, who has been in custody since April and is fighting extradition to the United States.

 

 

 

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

Eurogroup agrees new Greek bailout

 

 

 

 

Eurozone finance ministers agree on a new bailout deal for Greece, after Athens backed the plan.

 

Related content

 

 

 

Full article Eurogroup agrees new Greek bailout

 

 

Live Business live - Friday

 

7 minutes ago

 

More from Eurogroup head Jeroen Dijsselbloem, who is chairing the press conference: "[if] the agreement is implemented with determination - it always boils down to…

 

 

Full article Business live - Friday

 

 

 

 

 

 

 

 

 

'Flash crash' trader freed on bail

 

A UK financial trader accused of contributing to the 2010 US "flash crash" is freed after his bail conditions were changed.

 

 

 

Related content

 

 

 

Full article 'Flash crash' trader freed on bail

 

 

 

 

 

 

 

Diesel prices hit five-year low

 

The average price of diesel has fallen below 113p per litre for the first time since 7 January 2010, according to the information group Experian Catalist.

 

 

 

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Full article Diesel prices hit five-year low

 

Big banks agree $2bn forex settlement

 

  • 14 August 2015
  • From the section Business

 

Full article Big banks agree $2bn forex settlement

Eurozone economy grows by 0.3%

 

  • 14 August 2015
  • From the section Business

 

Full article Eurozone economy grows by 0.3%

Tourists 'risk high mobile bills'

 

  • 14 August 2015
  • From the section Business
  • 140 comments

 

Full article Tourists 'risk high mobile bills'

 

 

 

China to continue market support

 

 

Full article China to continue market support

Samsung patent appeal rejected

 

Full article Samsung patent appeal rejected

Asda to increase price it pays for milk

 

Full article Asda to increase price it pays for milk

Tui counts cost of Tunisia attack

 

Full article Tui counts cost of Tunisia attack

Surrey bond to fund Oval development

 

Full article Surrey bond to fund Oval development

Insurers warn of 'ghost brokers'

 

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

Flash crash trader Navinder Singh Sarao bailed after declaring £25.5m in Swiss account

 

navinder_Singh_Sar_3407826d.jpg

The west London trader accused of wiping billions from US stockmarket is to be released on bail after American authorities dropped their opposition to his release

bankers_2991447d.jpg US settlements over forex rigging scandal opens door for UK lawsuits

 

 

Nine banks have paid a total of $9bn to investors in the US over claims they rigged foreign exchange markets, and their lawyers hope to launch similar lawsuits in London

 

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North Sea helicopter pilots threaten strike

 

The British Airline Pilots’ Association is holding a ballot amid concerns over job cuts among helicopter pilots

 

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Moody’s fears Barclays reforms could be thrown off track

 

Low profitability combined with the chance of more fines and legal bills could derail John McFarlane’s restructuring, analysts warn

 

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China's yuan slide takes pause after three days of declines

 

Shanghai-listed stocks rise as Beijing puts an end to the renminbi's losing streak against the US dollar

 

 

French economy grinds to a halt as German growth disappoints

 

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France stagnates in the second quarter as Germany posts weaker growth than expected

 

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Sportech receives takeover approach from Canadian rival

 

The football pools business could be bought by gambling software company Contagious Gaming

 

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Robust construction sector could protect UK from growth downgrade

 

A solid showing from Britain's builders may offset disappointing industrial health

 

Takeover costs widen losses at Aga Rangemaster

 

aga2_1012027d.jpg

Planned takeover of the company by US group Middleby increased pre-tax losses to £4m

 

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BT's £12.5bn takeover of EE boosted by Ofcom

 

Communications regulator tells competition authorities that it already has powers to address many of the concerns raised over deal

Five bad taxes that should be axed right now

 

China cannot risk the global chaos of currency devaluation

 

China's challenge now: keep the yuan on a sustainable footing

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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Link to post
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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.

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Share on other sites

Amazon's Jeff Bezos: With Jeremy Clarkson, we're entering a new golden age of television

 

73038577_Amazoncom_3407080d.jpg

The Amazon founder and chief executive talks exclusively to The Telegraph on the Top Gear trio, drones in the suburbs and why he goes weak at the knees when he meets another entrepreneur

28 Comments

bankers_2991447d.jpg US settlements over forex rigging scandal opens door for UK lawsuits

 

 

Nine banks have paid a total of $9bn to investors in the US over claims they rigged foreign exchange markets, and their lawyers hope to launch similar lawsuits in London

 

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Flash crash trader Navinder Singh Sarao bailed after declaring £25.5m in Swiss account

 

The west London trader accused of wiping billions from US stockmarket is to be released on bail after American authorities dropped their opposition to his release

 

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Jeremy Corbyn's 'People's QE' would force Britain into three-year battle with the EU

 

The Labour leadership frontrunner’s plans would fall foul of EU laws intended to avoid runaway inflation

1 Comment

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Moody’s fears Barclays reforms could be thrown off track

 

Low profitability combined with the chance of more fines and legal bills could derail John McFarlane’s restructuring, analysts warn

 

How BAE is helping make the trillion-dollar jet fighter affordable

 

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The F-35 - the most expensive defence project ever - is seeking cost cuts and defence group BAE Systems is working to deliver them as helps build the supersonic jet fighter

12 Comments

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Supermarket prepare to launch fresh price war

 

Britain's biggest supermarkets are gearing up for the crucial back to school battle at the tills

Comment

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'No-flation’ lowers the prospect of Bank of England interest rate rise

 

Weak oil prices and the strength of the pound are expected to have kept inflation flat in the year to July

Comment

Lansdowne Partners pays out £191m to its top staff

 

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Hedge fund manager has performed well in recent years with bets on UK blue-chip firms

Comment

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Takeover costs widen losses at Aga Rangemaster

 

Planned takeover of the company by US group Middleby increased pre-tax losses to £4m

Beware a China crisis that could crash down on us all

 

This is why older couples don't want to downsize

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.

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Share on other sites

IMF calls for Greek debt relief

 

 

 

 

The International Monetary Fund calls for Greece to be given "significant debt relief" following the approval of a new bailout deal by eurozone ministers.

 

 

 

Related content

 

 

 

Full article IMF calls for Greek debt relief

 

 

 

 

 

 

 

 

 

 

'Flash crash' trader freed on bail

 

A UK financial trader accused of contributing to the 2010 US "flash crash" is freed after his bail conditions were changed.

 

  • 14 August 2015
  • From the section Business

 

 

Related content

 

 

 

Full article 'Flash crash' trader freed on bail

 

 

 

 

 

 

 

Diesel prices hit five-year low

 

The average price of diesel has fallen below 113p per litre for the first time since 7 January 2010, according to the information group Experian Catalist.

 

  • 14 August 2015
  • From the section Business

 

 

Related content

 

 

 

Full article Diesel prices hit five-year low

 

Big banks agree $2bn forex settlement

 

  • 14 August 2015
  • From the section Business

 

Full article Big banks agree $2bn forex settlement

Eurozone economy grows by 0.3%

 

  • 14 August 2015
  • From the section Business

 

Full article Eurozone economy grows by 0.3%

Tourists 'risk high mobile bills'

 

  • 14 August 2015
  • From the section Business
  • 145 comments

 

Full article Tourists 'risk high mobile bills'

 

 

 

China to continue market support

 

  • 14 August 2015
  • From the section Business

 

Full article China to continue market support

Samsung patent appeal rejected

 

  • 14 August 2015
  • From the section Business

 

Full article Samsung patent appeal rejected

Asda to increase price it pays for milk

 

Full article Asda to increase price it pays for milk

Tui counts cost of Tunisia attack

 

Full article Tui counts cost of Tunisia attack

Surrey bond to fund Oval development

 

Full article Surrey bond to fund Oval development

Insurers warn of 'ghost brokers'

 

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

Doubt Starts Chipping Away at the Market’s Mind-Set

 

By GRETCHEN MORGENSON

 

In this aging bull market, investors are showing signs of a sea change in their attitudes.

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Andrew Renneisen for The New York Times

 

Traders outside the New York Stock Exchange. The bull market is showing its age, analysts say.

 

 

 

 

 

 

 

 

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Inside Amazon: Wrestling Big Ideas in a Bruising Workplace

 

By JODI KANTOR and DAVID STREITFELD

 

The company is conducting an experiment in how far it can push white-collar workers to get them to achieve its ever-expanding ambitions.

 

 

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Hollywood Uses Bigger Screens to Tell Sophisticated Stories

 

By MICHAEL CIEPLY

 

Large-screen and 3-D formats, usually reserved for action blockbusters aimed at younger audiences, are now being employed for the kind of movies shown at film festivals.

 

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Low Oil Prices Pose Threat to Texas Fracking Bonanza

 

By CLIFFORD KRAUSS

 

The technology that unlocked the oil in shale fields produced a boom to Karnes County, Tex., but the economy there is cooling fast.

 

 

 

Betting on a Smooth Ride, Investors Flock to Tesla

 

By AARON M. KESSLER

 

The company seems to embody many of a typical Wall Street investor’s desires: disruptive technology, larger-than-life founders and dazzling growth projections.

 

Strategies

 

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Why Starbucks Prices Went Up as Coffee Beans Got Cheaper

 

By JEFF SOMMER 1:37 PM ET

 

The company’s strategy has created an odd situation this summer: It has increased retail prices for brewed coffee just as coffee prices on world commodities markets have fallen.

 

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As Greek Bailout Deal Passes, Alexis Tsipras Faces Rebellion

 

By LIZ ALDERMAN and NIKI KITSANTONIS

 

The plan was approved by lawmakers after a stormy parliamentary debate that began at 2 a.m. and lasted until 9:30 a.m. on Friday.

 

 

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Eurozone’s Economic Growth Falls Short, Even as Greeks Shopped

 

By JACK EWING

 

While Europe has faced a debt crisis in Greece, its bigger economies have been growing slowly as they recover from recession.

 

 

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Video Feature: What Goes Up When China’s Currency Goes Down

 

By JONAH M. KESSEL

 

China’s currency, the renminbi, plunged the most in decades earlier this week, stoking concerns about the country’s economic health.

 

 

Arab Bank Reaches Settlement in Suit Accusing It of Financing Terrorism

 

By STEPHANIE CLIFFORD

 

The deal, made with hundreds of American plaintiffs, comes after a jury in Brooklyn found the bank liable for dealings with the group Hamas; the court was to decide on damages starting Monday.

 

Most Health Insurance Co-ops Are Losing Money, Federal Audit Finds

 

By ROBERT PEAR

 

Most of the insurance co-ops created under the Affordable Care Act enrolled fewer people than they had predicted, according to the inspector general at the health department.

 

 

 

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

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

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

Blending Tech Workers and Locals in San Francisco’s Troubled Mid-Market

 

By QUENTIN HARDY

 

 

Tech giants like Twitter and Spotify have descended on one of the poorest neighborhoods in the Bay Area, bringing prosperity for some and upheaval for others.

 

 

 

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Jim Wilson/The New York Times

 

Some of the Tenderloin’s longtime residents are learning newfound wealth for some does not mean newfound prosperity — or even livability — for everyone.

 

 

 

 

 

 

 

 

 

 

 

13amazon-selects-slide-ZSZ3-thumbStandard-v2.jpg

Inside Amazon: Wrestling Big Ideas in a Bruising Workplace

 

By JODI KANTOR and DAVID STREITFELD

 

The company is conducting an experiment in how far it can push white-collar workers to get them to achieve its ever-expanding ambitions.

 

 

16nsa-JP-thumbStandard.jpg

AT&T Helped U.S. Spy on Internet on a Vast Scale

 

By JULIA ANGWIN, CHARLIE SAVAGE, JEFF LARSON, HENRIK MOLTKE, LAURA POITRAS and JAMES RISEN

 

Newly disclosed N.S.A. documents show that the agency gained access to billions of emails through a “highly collaborative” relationship with AT&T.

 

 

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The Greek Debt Deal’s Missing Piece

 

By LANDON THOMAS Jr. 10:37 AM ET

 

The latest bailout agreement between Greece and its European creditors will go forward without cash from one crucial lender: the International Monetary Fund.

 

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EnChroma’s Accidental Spectacles Find Niche Among the Colorblind

 

By CLAIRE MARTIN

 

An inventor of lenses invented to aid surgeons found that they could also help the colorblind, leading him to start a company that sells glasses.

 

16disney-web-thumbStandard.jpg

Disney Wows Fans With Plans for ‘Star Wars’ Attractions

 

By BROOKS BARNES

 

Robert Iger announced “jaw-dropping” plans for attractions based on the box office juggernaut at two parks.

 

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California Town, United by Drought, Is Split Over New Water Park

 

By SARAH MASLIN NIR

 

Dublin officials say a $44 million water park won’t use much water, but some say any water is too much, given the restrictions brought on by the drought.

 

Strategies

 

STRAT-thumbStandard.jpg

Why Starbucks Prices Went Up as Coffee Beans Got Cheaper

 

By JEFF SOMMER

 

The company’s strategy has created an odd situation this summer: It has increased retail prices for brewed coffee just as coffee prices on world commodities markets have fallen.

 

15SYMMONDS1-thumbStandard-v3.jpg

Nick Symmonds, a Sidelined Track Star, Continues to Break From the Pack

 

By JERÉ LONGMAN

 

Symmonds, left off the United States team for the world championships, is in a marketing dispute that raises broader questions about the independence of athletes in his sport.

 

 

The Haggler

 

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A ‘Price Is Right’ Winner Let Down by a Showcase Showdown

 

By DAVID SEGAL

 

An 81-year-old woman sought help after she said she called and emailed CBS’s “The Price Is Right” dozens of times trying to claim the prizes she won.

 

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A Fashion Trailblazer’s Stylish Leap From Touch to Touch Screen

 

By VANESSA FRIEDMAN

 

In a business that relies on personal interaction with people and clothes, MatchesFashion.com, a high-end retailer in Britain, is making the jump to e-commerce.

 

15spectacle3D-thumbStandard-v2.jpg

Hollywood Uses Bigger Screens to Tell Sophisticated Stories

 

By MICHAEL CIEPLY

 

Large-screen and 3-D formats, usually reserved for action blockbusters aimed at younger audiences, are now being employed for the kind of movies shown at film festivals.

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

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