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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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Breaking news

 

 

 

 

 

 

 

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

Key Tesco investor cuts stake

 

TESCO-TROLLEY_1001153g.jpg

Chief investment officer of Harris Associates, a US investment fund which was Tesco's seventh-largest shareholder, said it has sold two thirds of its stake in the struggling supermarket

111 Comments Co-op votes in favour of radical changes

 

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Members approve wholesale changes to board and structure at special meeting held in Manchester

19 Comments

 

HMV poised to reclaim top spot from Amazon

 

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Turnaround special Hilco hails growth of music retail chain it bought out of administration last year

2 Comments

Britain 'better off outside an unreformed EU'

 

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British Chambers of Commerce boss says it would be "crazy" to think that Britain would be shut out if it left the EU, though an exit would be "disruptive" and less preferable than staying in the bloc

139 Comments

Alibaba on course for record flotation

 

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Chinese shopping giant gears up for IPO next month by revealing it made profits of £1.3bn in the last quarter

7 Comments

US fracking creates 'gold-rush' towns in Texas

 

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The US shale boom has created multi-millionaires in towns where families once struggled to scratch a living, finds Katherine Rushton. But it could all disappear if the oil price drops

27 Comments

Liberty Global positions for ITV takeover

 

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Liberty Global is canvassing support from major ITV shareholders, raising speculation of a full takeover bid

3 Comments

Nearly 2m homes will lose energy cashback

 

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Energy suppliers will start distributing £12 electricity bill rebate from October, but 7pc of households will not get the cash

5 Comments

 

Property prices soar in London's Square Mile

 

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Residential property prices in London's Square Mile have increased 71pc since the last housing crisis

9 Comments

Reality check for UK supermarkets

 

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As Tesco moves to reset expectations for its profits and dividend, Graham Ruddick reports on a reality check for UK supermarkets - and their shareholders

All economic measures are fallible but some are downright dangerous

 

Germany must lead the way to eurozone growth

 

Don't get carried away by the flotation flurry

 

Carswell Ukip defection highlights UKs dire fiscal situation

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

31 August 2014 Last updated at 20:31

 

 

UK businesses 'want new EU deal' _77287578_65477881.jpg

 

Most British businesses want the UK to renegotiate its relationship with the EU, according to a British Chambers of Commerce survey.

 

 

_77271836_co-op.bank.logo.jpgCo-op Group votes through reforms

 

Members of the troubled Co-operative Group vote overwhelmingly in favour of reforming how the business is run.

 

 

 

_77271955_77271780.jpgRogue landlords 'must face crackdown'

 

Housing experts are calling for minimum standards in the private rental market to prevent landlords from exploiting vulnerable tenants.

 

 

 

Other Top Stories

 

 

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

In E-Sports, Video Gamers Draw Real Crowds and Big Money

 

By NICK WINGFIELD

 

Professional video gaming is becoming a worldwide spectator sport offering big prizes to competitors and helping the game industry gain even greater cultural and economic clout.

 

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Stuart Isett for The New York Times

 

A video game tournament in Seattle in July. Pro gaming, called e-sports, is becoming a lucrative worldwide spectator sport.

 

 

 

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Using Gambling to Entice Low-Income Families to Save

 

By PATRICIA COHEN

 

A growing number of credit unions and nonprofit groups are using lotteries to encourage low-income families to save.

 

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Hey, Chef: Next Time, Skip the Fennel

 

By DAVID SEGAL

 

A pop-up restaurant company is dedicated to the notion that high-end chefs should listen to their customers’ feedback.

 

New Novartis Drug Effective in Treating Heart Failure

 

By ANDREW POLLACK

 

The experimental drug developed by the Swiss company Novartis reduced the risk of dying from cardiovascular causes and could replace what has been the bedrock treatment for more than 20 years, researchers said.

 

DealBook

 

Top Bitcoin Proponent to Plead Guilty to Federal Charge

 

By SYDNEY EMBER 1:26 PM ET

 

Charles Shrem, a leading backer of Bitcoin, is to plead to one federal count of aiding and abetting an unlicensed money transmitting business.

 

Prototype

 

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No Canvas, No Leather: A Reboot for the Sneaker

 

By CLAIRE MARTIN

 

Unconventional footwear materials, like Tyvek, are offering a new take on the minimalist shoe trend.

 

DealBook

 

Alibaba to Begin Investor Roadshow on Week of Sept. 8

 

By MICHAEL J. DE LA MERCED

 

Under the latest timetable, Alibaba will hope to price its stock sale toward the later half of the week of Sept. 15, a person briefed on the matter said.

 

The Upshot

 

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Inequality and Web Search: Q. and A. With Google Researchers

 

By DAVID LEONHARDT

 

Two researchers responded to readers’ comments and questions about a recent column on the different search patterns in richer and poorer areas.

 

 

Workstation

 

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For a Career Guide, 42 Years of Soft Landings

 

By PHYLLIS KORKKI

 

The writer of the popular career guide, first commercially published in 1972, updates the book each year, but some of its original points are still true.

 

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In Greenpoint, a Situation Ripe for a Doughnut War

 

By TATIANA SCHLOSSBERG

 

A longtime employee of a neighborhood institution, Peter Pan Donut and Pastry shop, opened Moe’s Doughs a few blocks away. Let the bakery battle begin.

 

 

 

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

The fate of a city in his hands: A Detroit judge will today review plans to rescue the cradle of Motown and the US car industry from debt

 

 

23-Detroit-Getty-v2.jpg Allowing Detroit to declare bankruptcy was one thing, getting it was always going to be another. How do slash $18bn (£10.1bn) in debt and put a city back on its financial feet again?

 

Speculators bet on more share woe for ailing Tesco

 

One of Tesco’s biggest shareholders, the US investment fund Harris Associates, has sold two-thirds of its stake in the business in recent months

 

RAC recruits top City names including Sir Mike Rake ahead of flotation

 

 

 

 

Chairman Del Vecchio to take control of Luxottica as CEO Guerra steps down

 

 

 

 

Zurich's red light district impacted as bankers cut back on expenses

 

 

 

 

Berkeley thriving but says price rises are slowing down

 

 

 

 

Manufacturing industry hit by weaker exports

 

 

 

 

Len Blavatnik in £700m buyout bid for Perform

 

 

 

 

Fund manager Neil Woodford sells HSBC stake over fears of 'fine inflation'

 

 

 

 

Tatty Devine celebrates 15 years in the jewellery business

 

 

 

 

Tesco chief takes charge at embattled retail giant

 

 

 

Who gets credit from our banks? Not small firms…

 

In July loans to SMEs (small and medium-size enterprises) fell £400m

 

Why Tesco should stop being all things to all men (and women)

 

 

 

 

Eurozone flames were doused, but those coals still smoulder

 

 

 

 

Investors welcome the army’s intervention in Pakistan’s democracy despite its dismal past

 

 

 

 

It’s too late for the blame game – Tesco’s new boss needs fresh ideas, and quickly

 

 

 

 

Clean-up on every Tesco aisle: where to start

 

 

 

 

James Moore: Funding for Lending flops, but firms still need help

 

 

 

 

James Moore: Deutsche fine highlights the danger of poor IT systems

 

 

 

 

James Moore: This boardroom stand-off is unseemly now AA is a public company

 

 

 

 

The Bank of England’s Funding for Deleveraging

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

Breaking news

 

 

 

 

 

 

 

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

1 September 2014 Last updated at 19:19

 

 

Boris Island airport plan 'rejected'_77310241_12135_106_elevated_britannia-hires.jpg

 

A plan for an island airport in the Thames Estuary, dubbed "Boris Island", looks set to be shelved, the BBC understands.

 

 

_77295054_6ocumeku.jpgUK manufacturing 'at 14-month low'

 

Activity in the UK's manufacturing sector grew at its slowest pace for 14 months in August, a survey finds, while a separate study also suggests a slowdown.

 

 

 

_77300920_96790798.jpgConsumer borrowing jumps in July

 

The amount of new money being borrowed by consumers soared to more than £1bn in July, according to the Bank of England.

 

 

 

Watch/Listen

 

 

 

 


  • 1
  • 2

 

 

 

 

 

 

 

Other Top Stories

 

 

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

Hollande, Draghi agree on threat of deflation - official

 

8:07pm BST

 

Thailand set to approve Volkswagen factory - FAZ

 

7:50pm BST

 

Japan and India vow to boost defence ties during summit | btn_rel_video.gif

 

Japan, World 7:26pm BST

 

Luxottica explored Essilor deal but conditions were not right

 

6:58pm BST

 

Brazil's industry probably recovered slightly in July after World Cup

 

6:49pm BST

 

Booming budget surplus puts pressure on Germany to spend

 

6:07pm BST

 

Imperial Tobacco closes $13 billion of loans

 

6:00pm BST

 

Banks to get some preliminary ECB results a month early - document

 

5:28pm BST

 

FTSE creeps up; ITV boosted by bid speculation

 

FXpert 5:23pm BST

 

Italy may seek to delay structural budget target - official

 

5:07pm BST

 

CEO of Kering's Sergio Rossi steps down

 

5:05pm BST

 

Luxottica CEO could be leaving as early as Monday - board member

 

4:56pm BST

 

Luxottica new CEO says strategy won't change after Guerra departure

 

4:56pm BST

 

European investors look past Ukraine, focus on ECB

 

FXpert 4:54pm BST

 

Iliad still in the hunt for T-Mobile US

 

4:52pm BST

 

Under Putin's gaze, Gazprom starts mega-pipeline to China

 

4:45pm BST

 

UK fund star Woodford dumps HSBC on banking fine inflation fears

 

4:42pm BST

 

Telefonica to exit Telecom Italia after Brazil deal

 

Spain 4:40pm BST

 

Twenty years on, Schaeuble pleads again for core Europe

 

4:38pm BST

 

Schaeuble says 'too many' EU finance ministers push for public investments

 

4:38pm BST

 

France's Moscovici set for EU economy role, under supervision

 

4:28pm BST

 

British business lobby leans towards Heathrow for airport expansion

 

UK, 4:00pm BST

 

Bracing for debt troubles as Ukraine gloom deepens

 

3:11pm BST

 

German rail union calls three-hour strike amid pay dispute

 

3:01pm BST

 

France's Moscovici likely to get EC economic affairs role - source

 

2:45pm BST

 

Louis Vuitton trailblazer Carcelle dies aged 66

 

2:41pm BST

 

Cipla launches copy of GSK's top asthma drug in Germany, Sweden

 

2:28pm BST

 

Hectic pace of Spanish bank deals to slow after Barclays sale

 

Spain 1:52pm BST

 

UK manufacturing growth ebbs, denting hopes for balanced recovery

 

1:34pm BST

 

Emirates says prepared to order more A380s if revamped

 

Aerospace & Defence 1:27pm BST

 

Denmark's Novo Nordisk launches Ryzodeg in Mexico

 

1:08pm BST

 

EU decision on Zimmer's $13.4 billion Biomet deal expected by October 3

 

12:41pm BST

 

Japanese PM's adviser calls for delay in next sales tax rise to 2017

 

Japan 12:37pm BST

 

KPMG refuses to approve BES accounts, warns of further loss

 

12:32pm BST

 

China's BoCom says state-enforced salary cuts could lead to two-tier pay system

 

12:30pm BST

 

Japan's Nissay to launch new India-focused funds

 

Japan, World 12:26pm BST

 

Japan, India agree to speed up nuclear energy talks

 

World, Japan 12:26pm BST

 

Ireland bucks the trend in euro zone's stalled recovery

 

12:16pm BST

 

UK mortgage approvals fall as expected in July

 

12:05pm BST

 

Toyota says August China auto sales up 8.9 percent year-on-year

 

Japan 12:02pm BST

 

Euro zone factory growth slows in August amid Ukraine tension - PMI

 

12:00pm BST

 

German manufacturing grows at slowest rate in 11 months in Aug -PMI

 

11:51am BST

 

Ssangyong may set up China manufacturing JV if sales rise- agent

 

11:47am BST

 

Weak data to test BOJ's rosy economic view, policy on hold

 

Japan 11:44am BST

 

Bankers line up around one billion euros of debt for Get sale

 

Norway 11:26am BST

 

China gives Microsoft 20 days to provide explanation in anti-trust probe

 

11:16am BST

 

Buyout offer from Blavatnik sends Perform shares surging back to flotation price

 

Sport 11:14am BST

 

South Africa's Bidvest considering listing food unit on London exchange

 

Africa 10:55am BST

 

Weak investment, trade drive second quarter contraction in German economy

 

10:35am BST

 

China manufacturing slowdown ripples through region | btn_rel_video.gif

 

10:00am BST

 

French car sales drop on weak August demand

 

9:46am BST

 

UK mortgage approvals fall as expected in July

 

9:38am BST

 

French manufacturing shrinks at fastest rate in 15 months in Aug - PMI

 

9:00am BST

 

Macau gambling revenue declines for third consecutive month

 

7:56am BST

 

Germany posts budget surplus as pressure rises to boost growth

 

7:52am BST

 

UK businesses in favour of a new deal with European Union - survey

 

7:42am BST

 

South Africa's Bidvest FY profit up 11 percent, lags consensus

 

Africa 6:52am BST

 

Indian factory activity expands at slower clip in August

 

6:12am BST

 

Weak data to test BOJ's rosy economic view, policy on hold

 

Japan 6:01am BST

 

New GPIF investment manager drawn to cheap Japan mid-caps

 

Japan 6:01am BST

 

China's parliament authorises local governments to issue bonds

 

5:14am BST

 

New Apple iPhone to have 'mobile wallet' function - Bloomberg

 

4:59am BST

 

China's official PMI slips to 51.1 in August

 

4:43am BST

 

China's final HSBC PMI falls to three month low in August

 

4:43am BST

 

China's final HSBC PMI hits 3-month low in August

 

2:49am BST

 

China banks seek new lending horizons as bad debts rise

 

2:28am BST

 

China's Galaxy Securities seeks approval for $1.2 billion Shanghai listing

 

2:28am BST

 

China Inc's second-quarter earnings bounce - official newspaper

 

2:05am BST

 

Bank of America hired to sell America Movil assets - Bloomberg

 

2:01am BST

 

Spanish property portfolio restructures deal ahead of IPO - The Times

 

1:58am BST

 

Citi to pay allowance to compensate for limited bonuses

 

1:16am BST

 

UK manufacturing growth cools as export orders slip - EEF

 

UK, 12:51am BST

 

FTSE 100 companies with large board shareholdings underperform - survey

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

P.R. Firm for Putin’s Russia Now Walking a Fine Line

 

By RAVI SOMAIYA

 

 

Ketchum’s staff members who provide public relations advice to Russia must avoid being seen as defending acts contrary to American interests while still providing some luster for a lucrative client.

 

 

 

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Doug Mills/The New York Times

 

Russia hosted the Winter Olympics this year in Sochi.

 

 

 

 

 

 

Trade Duties Urged as New Deterrent Against Cybertheft

 

By DIANE CARDWELL 12:24 PM ET

 

An Oregon-based solar company is proposing that punitive tariffs be imposed on Chinese manufacturers that have benefited from online espionage.

 

Increasingly, High-Deductible Health Plans Weigh Down Employees

 

By TARA SIEGEL BERNARD 11:09 AM ET

 

Just as employers replaced pensions with retirement savings plans, more large companies appear to be making a similar cost-sharing shift with health plans.

 

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More Workers Are Claiming ‘Wage Theft’

 

By STEVEN GREENHOUSE

 

A flood of recent lawsuits and government enforcement actions accuse employers across the country of violating laws regulating employee pay.

 

 

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Drone Developers Consider Obstacles That Cannot Be Flown Around

 

By CONOR DOUGHERTY 9:44 AM ET

 

With the recent demonstration of a drone-based delivery system by Google, the tech industry’s enthusiasm for the devices seems undimmed — but some issues will be difficult to solve.

 

01DETROIT-thumbStandard-v3.jpg

One Judge to Decide the Future of Detroit

 

By MONICA DAVEY and MARY WILLIAMS WALSH

 

In a trial set to open on Tuesday, nothing short of this city’s future is at stake, with a judge to decide whether to approve a blueprint to eliminate more than $7 billion of its estimated $18 billion in debts.

 

 

On the Road

 

Business Travel, Budget Airlines and Seats That Don’t Recline

 

By JOE SHARKEY 11:47 AM ET

 

As tensions over cramped conditions flare on planes, seats that do not recline may begin to show a certain appeal.

 

02CARCELLE-thumbStandard.jpg

Yves Carcelle, Executive Who Made Louis Vuitton a Status Symbol, Dies at 66

 

By NICOLA CLARK 2:24 PM ET

 

Mr. Carcelle, who led the Louis Vuitton brand and later ran LVMH’s fashion division, was the main architect of an expansion into Asia and other international markets.

 

 

 

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

'Boris Island' airport plan dumped by Davies Commission

 

boris-island_2113153g.jpg

Boris Johnson's plans for a four-runway airport in the Thames Estuary have been quashed by the Government-backed Airports Commission

58 Comments Finest days of UK recovery could be over as manufacturing slows

 

Weld_2295442g.jpg

A weaker outlook for the manufacturing sector has led some analysts to suggest that the best days of the UK recovery have now passed

295 Comments

 

UK mortgage approvals fall as people endure three-hour interviews with their bank

 

mortgaes_2922033g.jpg

Tigher lending rules at banks in response to Mortgage Market Review and new Bank of England measures hits approvals

19 Comments

Tesco's new chief: 'I won't take any hasty decisions'

 

tesco_2161591g.jpg

New Tesco boss Dave Lewis tells staff the struggling supermarket giant needs to 'keep it simple' as it seeks to restamp its authority

15 Comments

 

Goldman Sachs lent Banco Espirito Santo $835m a month before bail-out

 

espirito-santo_2993998g.jpg

Wall Street bank had hoped to sell on debt at a profit but may make loss on transaction

Comment

Welcome to the last affordable area of England

 

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There is only one remaining area of England where house prices are less than three times the average national salary

114 Comments

Team Sky deal boosts Rapha, but margins still tight

 

chris-froome_2603849g.jpg

Hi-tech cyclewear maker gets a boost from deal to supply kit to Team Sky

Comment

Surprise, surprise: France is one of the safest places to put your money

 

paris_eiffel_tower_1763754g.jpg

Investors have moved into eurozone government bonds as tensions over Ukraine have prompted a flight to safety

Comment

 

Neil Woodford sells out of HSBC fearing 'fine inflation'

 

ym-hsbc_996366g.jpg

Woodford Equity Income fund sells its shares in HSBC over fears of new fines from regulators

10 Comments

No benefit to giving AstraZeneca star heart drug in ambulance

 

Untitled-1_1787647g.jpg

Drug maker reveals results of trial showing that earlier treatment with Brilinta does not further reduce risk of blood clots following a heart attack

In this high-stakes poker game, Putin holds most of the cards

 

All economic measures are fallible but some are downright dangerous

 

Do you own any of these top-performing funds?

 

the-giant-christ-t_2352863g.jpg

August's top performers include a fund that targets oil minnows and several that buy Latin American shares

Comment 'Is Aviva deliberately delaying my pension transfer?'

 

 

 

 

Help me find my father's shares

 

 

 

 

HMRC agrees to pay up over tax code blunder

 

 

 

 

Come on Branson, give your customers a better deal

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

Breaking news

 

 

 

 

 

 

 

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

GE, IMI, buyout funds line up bids for Italy's Petrolvalves - sources

 

7:54pm BST

 

France likely to lower 2015 spending cuts target - Sapin to AFP

 

7:01pm BST

 

Airbus offers Poland joint ventures, no urgency in share stake

 

Aerospace & Defence, Spain 6:34pm BST

 

Exclusive - Lloyds could move south if Scots vote for independence

 

6:17pm BST

 

Hollande, Draghi agree on threat from low growth, low inflation - official | btn_rel_video.gif

 

5:56pm BST

 

Halliburton to settle U.S. Gulf spill claims for $1.1 billion

 

5:50pm BST

 

Dollar jumps after U.S. data; bond prices slump

 

FXpert 5:47pm BST

 

German retailer Metro to sell UK's Booker Group stake

 

5:46pm BST

 

Vodafone shares turn higher on Softbank interest report - traders

 

Japan 5:14pm BST

 

EU court set to reject French appeal against SNCM state aid ruling

 

4:58pm BST

 

FTSE steadies near two-month high at close, miners up

 

FXpert 4:58pm BST

 

Exclusive - Alitalia, Etihad deal likely to be cleared by end of year : source

 

Aerospace & Defence 4:41pm BST

 

Boeing shares slip after first 'underperform' rating since 2009

 

Aerospace & Defence 4:38pm BST

 

Two bidders in talks with UniCredit over bad loan unit-sources

 

4:30pm BST

 

Espirito Santo debt attracts potential buyers at 2 percent of face value

 

3:10pm BST

 

Exclusive - "Back to normal" for AstraZeneca CEO, despite Pfizer rumours

 

2:00pm BST

 

UK inflation expectations for next 12 months edge up in August - Citi/YouGov

 

1:34pm BST

 

Analysis - In countdown to UK election, rate hike moves to centre stage

 

UK 1:32pm BST

 

UK construction growth strongest in seven months - PMI

 

UK 1:20pm BST

 

Insight - Burger King has manoeuvred to cut U.S. tax bill for years

 

1:09pm BST

 

Rekindling Europe's repackaged debt market will take years

 

G20 1:01pm BST

 

UK to deliver budget statement on December 3 - Osborne

 

UK, 12:29pm BST

 

Quantitative easing hopefuls may be disappointed as Draghi plays for time

 

12:18pm BST

 

European equity 'call' options in vogue on prospect of ECB action

 

12:17pm BST

 

UK accounting watchdog fines Mazars two million pounds

 

11:28am BST

 

Japan's 'Abenomics' feared in trouble as challenges build

 

Japan 11:14am BST

 

German August car sales down about 0.5 percent -source

 

11:09am BST

 

Top pension funds see total assets near $15 trillion - research

 

11:05am BST

 

Greece sells 1.14 billion euros of 6-month T-bills, yield eases

 

10:41am BST

 

Aston Martin CEO hire adds to Renault-Nissan exodus

 

10:35am BST

 

UK grid requests backup capacity to fill potential winter supply gap

 

10:29am BST

 

Cheap energy pulls down euro zone producer prices drop in July

 

10:22am BST

 

Russia-Ukraine crisis hurting Europe air freight volumes: IATA

 

10:15am BST

 

Frankfurt court bans Uber taxi services across Germany

 

10:02am BST

 

Reforms to dominate Greek talks in Paris, debt relief talks later-source

 

IMF 9:36am BST

 

McDonald's to boost China supplier audits after food safety scandal

 

9:31am BST

 

Samsung Electronics says may acquire rest of Samsung Medison

 

9:24am BST

 

German financial watchdog checks Tipp24 disclosures

 

9:17am BST

 

U.S. business lobby says concerned China antitrust probes unfair

 

9:09am BST

 

UK housebuilder Redrow's full-year profit nearly doubles

 

8:54am BST

 

Basel III deposit challenge looms over Islamic banks

 

8:37am BST

 

Luxottica founder says he and ex-CEO clashed over running of company

 

8:15am BST

 

Honda says August China auto sales down 5.5 percent year-on-year

 

Japan 8:00am BST

 

Islamic finance seeks to go green with environment-based products

 

7:02am BST

 

Telecom Italia postpones sale of Telecom Argentina stake to September 25

 

6:47am BST

 

Insight - Insider traders in U.S. face longer prison terms, Reuters analysis shows

 

6:38am BST

 

Australia's central bank keeps rates low amid moderate growth

 

Australia 6:26am BST

 

Eric Cantor to join investment bank Moelis as vice chairman

 

6:22am BST

 

Chinese home prices drop again in August -surveys

 

5:44am BST

 

China won't force foreign auto parts makers to form local JVs - EU trade body

 

4:53am BST

 

KKR sells final stake in China Modern Dairy for about $80 million - source

 

3:48am BST

 

Japanese regular pay and bonuses rise in July, offer relief for PM Abe

 

Japan 3:06am BST

 

Japan finmin Aso says economy's recovery trend remains intact

 

Japan 3:05am BST

 

Australia government spending dips 0.6 percent in second quarter

 

2:49am BST

 

Malaysia Airline's share rise on restructuring plan

 

Aerospace & Defence 2:15am BST

 

Guantanamo detainee transfer to Uruguay unlikely before vote - official

 

12:48am BST

 

Akzo Nobel CEO solicited for Axalta bid worth more than $7 billion - Bloomberg

 

12:42am BST

 

Exelixis to cut jobs after prostate cancer drug fails late-stage study

 

12:32am BST

 

Complaints against British banks fall 42 percent - ombudsman

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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2 September 2014 Last updated at 20:16

 

 

UK seeks extra power for winter_77330771_75420133.jpg

 

National Grid is seeking additional electricity supplies for winter after unexpected plant shutdowns have raised fears of potential shortages.

 

 

_77338236_77338046.jpgCelebrity leaks 'no breach' - Apple New

 

The leaking of intimate photos of celebrities from iCloud accounts was due to a theft of log-in information, not a security breach, says Apple.

 

 

 

_77333525_018099893-1.jpgLaptop sales soar before university

 

The surge in sales of laptops for students getting ready to start university has become like a "mini-Christmas", say leading retailers.

 

 

 

Other Top Stories

 

 

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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The growing threat to our recovery

 

2 September 2014

The world looks more volatile and scarier than for many years. That will dampen our economic recovery - though that may be the least of our worries.

 

 

China’s property conundrum

 

2 September 2014

The various steps that China is taking to stem house price rises seems to be working, but can the government manage an orderly slowdown in the property sector?

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

Publisher of The Washington Post Will Resign

 

By RAVI SOMAIYA 10:55 AM ET

 

 

Katharine Weymouth, the publisher for almost seven years, will be replaced by Frederick J. Ryan Jr., a founder of Politico and a former Reagan administration official.

 

 

 

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Matt Roth for The New York Times

 

Katharine Weymouth said she would step down as publisher of The Washington Post in October.

 

 

 

 

 

 

Nude Photos of Jennifer Lawrence Are Latest Front in Debate on Online Behavior

 

By MIKE ISAAC 1:52 PM ET

 

Intimate images of stars have quickly saturated parts of the Internet, leading to discussions of privacy and civil liberties.

 

DealBook

 

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New York Accuses Evans Bank of Redlining

 

By JESSICA SILVER-GREENBERG 12:56 PM ET

 

Eric T. Schneiderman, New York’s attorney general, filed a suit on Tuesday that accuses Evans Bank of denying mortgages to African-Americans in Buffalo regardless of their credit.

 

DealBook

 

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Dollar General Raises Bid for Family Dollar

 

By MICHAEL J. DE LA MERCED

 

Dollar General offered on Tuesday to raise its bid for Family Dollar to $9.1 billion in a renewed effort to win over Family Dollar from a rival merger with Dollar Tree.

 

Bits Blog

 

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Uber Service Banned Across Germany by Frankfurt Court

 

By MARK SCOTT 12:50 PM ET

 

The injunction will stand until the court holds a hearing later this year. Uber said it would continue to operate in Germany despite the threat of criminal charges and fines.

 

 

DealBook

 

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Federal Program Helps Keep Some Delinquent Borrowers in Their Homes

 

By MATTHEW GOLDSTEIN 58 minutes ago

 

A HUD program to sell its most delinquent mortgages to private investors has resulted in about 2,000 borrowers being able to stay in their homes, though an overwhelming majority have been foreclosed upon or have forfeited any rights to the properties.

 

DealBook

 

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Moelis & Co. Hires Cantor, Ex-House Majority Leader, as Vice Chairman

 

By DEALBOOK

 

Eric Cantor, who suffered a surprising electoral defeat this year, will be joining Moelis & Company as vice chairman and a director on its board.

 

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Solar Company Seeks Stiff U.S. Tariffs to Deter Chinese Spying

 

By DIANE CARDWELL

 

An Oregon-based solar company is proposing that punitive tariffs be imposed on Chinese manufacturers that have benefited from online espionage.

 

 

 

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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Independent Scotland could not keep pound and stay in EU

 

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Olli Rehn, a top European official, says Scotland would not be able to keep the pound outside a currency union and remain in the EU

152 Comments

Emergency measures to prevent blackouts this winter

 

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National Grid resorts to extra measures to keep the lights on after series of power plant failures this summer

 

Russian rouble hits record low as suffocating sanctions loom

 

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Russia's currency has dropped 25pc over the past 18 months but Vladmimir Putin shows no signs of backing down over Ukraine

Comment

Anglo American open to takeover, says chief Mark Cutifani in report

 

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Mining chief tells WSJ, "if somebody sees value, then there's a conversation to be had"

Comment

Boris Johnson: Cameron must stick to Heathrow manifesto pledge

 

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London's Mayor says other politicans need to come out of their "fox holes" on airports policy and issues a stern reminder to the Prime Minister that he was elected on a pledge not to expand Heathrow airport

238 Comments

 

Halliburton pays $1.1bn to settle Gulf of Mexico suits

 

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The American contractor that worked for BP on the Deepwater Horizon oil rig has closed its case for $1.1bn - a fraction of BP's fine

5 Comments

US boasts world’s fastest growing manufacturers as eurozone gets left behind

 

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Factories in the US are growing faster than analysts had anticipated, according to a key gauge of manufacturing sector health

2 Comments

 

Mike Ashley refuses to reliquish House of Fraser stake

 

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Sportswear tycoon is keeping hold of 11pc stake in British department store chain, despite the rest being sold to a Chinese conglomerate in a £480m deal

Comment

Uber banned across Germany

 

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Taxi app says it will defy €250,000 court-imposed fines in row with German taxi drivers

16 Comments

Australia abandons mining tax as China's resource demand weakens

 

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Prime Minister Tony Abbott's deal to abolish mining tax may signal problems ahead for Australia's resource dependent economy

 

 

Higher taxes will not give us a better quality of life

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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