financializer news A weblog highlighting financial topics making news in the international media.

clinton: Gabby Giffords attends a rally for Democratic Presidential nominee Hillary Clinton at Arizona State University in Tempe, Ariz. on Nov. 2, 2016. - image: Democratic Presidential nominee Hillary Clinton holds a rally at Arizona State University in Tempe, Ariz. on Nov. 2, 2016. - image: Democratic Presidential nominee Hillary Clinton holds a rally at Arizona State University in Tempe, Ariz. on Nov. 2, 2016. - image: Democratic Presidential nominee Hillary Clinton holds a rally at Arizona State University in Tempe, Ariz. on Nov. 2, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Fort Lauderdale, Fla. on Nov. 1, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Dade City, Fla. on Nov. 1, 2016. - image: Former Miss Universe Alicia Machado introduces Democratic Presidential nominee Hillary Clinton at a rally in Dade City, Fla. on Nov. 1, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Dade City, Fla. on Nov. 1, 2016. - image: Supporters of Democratic Presidential nominee Hillary Clinton attend a rally in Sanford, Fla. on Nov. 1, 2016. - image: Supporters of Democratic Presidential nominee Hillary Clinton attend a rally in Sanford, Fla. on Nov. 1, 2016. - image: Supporters of Republican Presidential nominee Donald Trump greet the motorcade of Democratic Presidential nominee Hillary Clinton outside her rally in Dade City, Fla. on Nov. 1, 2016. - image: Supporters of Republican Presidential nominee Donald Trump greet the motorcade of Democratic Presidential nominee Hillary Clinton outside her rally in Dade City, Fla. on Nov. 1, 2016. - image: Supporters of Republican Presidential nominee Donald Trump greet the motorcade of Democratic Presidential nominee Hillary Clinton outside her rally in Dade City, Fla. on Nov. 1, 2016. - image: Supporters of Democratic Presidential nominee Hillary Clinton attend a rally in Sanford, Fla. on Nov. 1, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Fort Lauderdale, Fla. on Nov. 1, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Sanford, Fla. on Nov. 1, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Fort Lauderdale, Fla. on Nov. 1, 2016. - image: Democratic Presidential nominee Hillary Clinton plane lands near Tampa, Fla. on Nov. 1, 2016. - image: Democratic Presidential nominee Hillary Clinton plane flies over Tampa, Fla. on Nov. 1, 2016. of By Mark Peterson, Rachelle Klapheke, Rebecca Sanchez and Leigh Ann Caldwell share tweet email save Comment be the first to comment comments back to article Embed 11/04/16 05:18 PM—Updated 11/06/16 02:38 PM Rounding into the final stretch of the race for the White House, Hillary Clinton campaign has moved into a four-day blitz on swing states—appearing alongside musician Pharrell Williams and Sen, according to MSNBC. Bernie Sanders in North Carolina on Thursday, and with Jay Z in Ohio on Friday. Bernie Sanders attend a Clinton rally in Raleigh, N.C. on Nov. 3, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Greenville, N.C. on Nov. 3, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Greenville, N.C. on Nov. 3, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Greenville, N.C. on Nov. 3, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Greenville, N.C. on Nov. 3, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Greenville, N.C. on Nov. 3, 2016. - image: Democratic Presidential nominee Hillary Clinton makes a campaign stop with Pharrell Williams on the way to North Carolina Central University on Nov. 3, 2016. - image: A supporters attends a rally for Democratic Presidential nominee Hillary Clinton in Raleigh, N.C. on Nov. 3, 2016. - image: Democratic Presidential nominee Hillary Clinton takes a photo with a supporter and Pharrell Williams on the way to North Carolina Central University on Nov. 3, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Greenville, N.C. on Nov. 3, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Las Vegas, Nev. on Nov. 2, 2016. - image: An attendee watches Democratic Presidential nominee Hillary Clinton campaigning in Las Vegas, Nev. on Nov. 2, 2016. - image: An attendee watches Democratic Presidential nominee Hillary Clinton campaigning in Las Vegas, Nev. on Nov. 2, 2016. - image: Attendees watch Democratic Presidential nominee Hillary Clinton campaigning in Las Vegas, Nev. on Nov. 2, 2016. - image: An attendee watches Democratic Presidential nominee Hillary Clinton campaigning in Las Vegas, Nev. on Nov. 2, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Las Vegas, Nev. on Nov. 2, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Las Vegas, Nev. on Nov. 2, 2016. - image: Democratic Presidential nominee Hillary Clinton campaigns in Las Vegas, Nev. on Nov. 2, 2016. - image: Democratic Presidential nominee Hillary Clinton holds a rally at Arizona State University in Tempe, Ariz. on Nov. 2, 2016. - image: Democratic Presidential nominee Hillary Clinton holds a rally at Arizona State University in Tempe, Ariz. on Nov. 2, 2016. - image: Rep. With three different states on the schedule for just Friday, the campaign has unleashed its most popular surrogates—most notably President Barack Obama, first lady Michelle Obama and Vice President Joe Biden—to cover ground the Democratic nominee can't physically cover herself. On Thursday he moved on to Florida, where has been rallying support in Miami and Jacksonville—two cities with the state largest African American communities—and among young voters, in an effort to target a demographic that has been slow to turn up for early voting. President Obama is spending three days on the trail, which began on Wednesday in Chapel Hill, speaking at the University of North Carolina. (news.financializer.com). As reported in the news.

eurozone: Meanwhile, there a growing sense in developed economies that workers have yet to benefit from the recovery or rising globalisation, according to The Guardian. Germany Germany economy has largely outperformed the wider eurozone in recent years. New counter-establishment parties have emerged in several countries and, as in the UK, people have voted for dramatic change. Its unemployment rate is low and youth unemployment is the lowest in EU. But not everyone feels they are getting the benefits of Germany stand-out performance. That has exacerbated grievances some Germans have long held over the euro, a union they feel benefits poorer countries more than their own. Wage growth has been relatively modest, and anger has intensified recently over meagre returns on savings as the European Central Bank cut key interest rates into negative territory. (news.financializer.com). As reported in the news.

member cabinet: In statements to media, ministers also expressed confidence that the 48-member cabinet will speed up reforms agreed with international creditors under the bailout program to lead the country out of the seven-year debt crisis. "I have the willingness and determination to address difficulties, according to Xinhua China. I think that everything will go well. The focus of the renewed team, which was formed 14 months after the last general election, will be on returning to growth and improving citizens' daily life, Prime Minister Alexis Tsipras tweeted. "We have the opportunity for a new beginning, to gain the necessary impetus to cover the last critical meters of a marathon which will allow us to reach a glade, the glade of growth, which is forecast to be very high for 2017," the Premier said after the swearing-in ceremony. This is my strong belief ," said Panagiotis Kouroumblis, the former Interior Minister who was sworn in as Shipping Minister on Saturday. "The government implements with consistency a program and will continue implementing policies which have been collectively drawn," assured Stergios Pitsiorlas, the former chief of Greece privatization fund who was appointed on Friday night as Deputy Minister of Economy and Development. "It is a sector where Greece can play a leading role. It could become a trade and transit hub, and to achieve this, it must have reliable networks. Greece has a very crucial geographical position. (news.financializer.com). As reported in the news.

month: Sterling rally came despite labour market data from the US, which strengthened Wall Street belief that official borrowing costs in the world biggest economy will be raised before Christmas, according to The Guardian. Currency dealers paid less interest than usual to the 161,000 increase in non-farm employment last month and the 0.4% increase in hourly earnings, focusing instead on the knife-edge battle between Hillary Clinton and Trump for the presidency. The pound respite from its recent heavy falls on the foreign exchanges continued on Friday when it put on a cent against the US currency to trade at $1.2558 – its highest level for four weeks. Pound graph The pound has been rising since the start of the week after evidence of a narrowing of Clinton opinion-poll lead and amid evidence from forward-looking business surveys that the UK economy was set to grow robustly in the fourth quarter of 2016. We're seeing a bit of a relief rally now that the worst-case scenario of a unilateral hard Brexit has been deferred, and markets can start focusing on other factors the US presidential election, said CMC analyst Michael Hewson. Sterling then received a double-boost on Thursday when the high court ruled that the government could not trigger article 50 to leave the EU without the approval of parliament, and the Bank of England announced that it had abandoned plans for a second post-referendum stimulus. (news.financializer.com). As reported in the news.

oct: Sat., Nov. 5, 2016 Re: Ottawa bold economic plan an old message in modern jargon, Oct. 24Ottawa bold economic plan an old message in modern jargon, Oct. 24There is no way the Trudeau government should be casting about trying to obtain private investors to pay for our basic needs, according to The Toronto Star. If we build our own infrastructure at today low interest rates, we will eventually be able to pay off the roads, bridges and subways. And one reader takes exception to Finance Minister Bill Morneau suggestion that truck driving is a dying career. If we get private money or so-called investment money like the government is planning, these structures will never be paid off. Article Continued Below This is a total sellout of Canadians. They will become cash cows forever, just like the tolls being collected on the 407. (news.financializer.com). As reported in the news.

china sea: The Philippine peso has sunk close to levels last traded during the global financial crisis, according to The Japan Times. Malaysia currency is also in a funk. Foreign investors pulled out of Thailand stocks at the fastest pace this year in October. The common denominator is heightened political risk — from President Rodrigo Duterte stinging attacks on the U.S. and his violent crackdown on crime in the Philippines to the death of King Bhumibol Adulyadej in Thailand that removed an anchor of stability in the country. Political risk is certainly on the rise in Southeast Asia, said Bill Hayton, author of The South China Sea: The Struggle for Power in Asia. Malaysian Prime Minister Najib Razak, meanwhile, is embroiled in a funding scandal that being investigated by authorities around the world. (news.financializer.com). As reported in the news.

dividend yields: The S&P 500 is up about 5.5% during that time, though about one-third of its component stocks are down for the year, according to Market Watch. Many of the strongest performers over the past 12 months are stocks that are known for paying dividends. As one measure of this, the MSCI All-Cap World Index ACWI, -0.51% gained 2.6% in the 12 months ended Oct. 26, 2016. By that I mean they are in economic sectors that traditionally produce the highest dividend yields in the market. As yield-focused investors, my team and I spend a lot of time trolling these sectors for ideas, and as of last summer we observed a real dislocation. These include utilities, real-estate investment trusts , telecom companies and major energy firms. (news.financializer.com). As reported in the news.

donald trump: Their rhetoric is no surprise, given the negative image bankers and financial institutions currently enjoy with the American electorate, according to Deutsche Welle. After all, they are widely seen as the culprits that triggered the 2008 financial crisis, from which the economy has yet to recover completely. During their campaign trails, the nominees of both major parties - Democrat Hillary Clinton and Republican Donald Trump - have been very critical of its practices and stressed their predilections to reform the US financial industry. Its aftereffects are still being felt by a significant proportion of Americans, whose dreams for well-paying jobs and better lives were shattered by the onset of the crisis. And like no other sector of the economy, the finance industry is characterized by greed, ruthlessness and unscrupulousness in public consciousness. Eight years after the financial market turmoil, Wall Street continues to be haunted by controversies and scandals. (news.financializer.com). As reported in the news.

economics: The S&P 500 index has loosely tracked Clinton odds of victory in the Nov. 8 election all year, as Capital Economics illustrates in the charts below: Capital Economics Caption outside of wrapper for normal article images Capital Economics Caption outside of wrapper for normal article images That correlation tightened after FBI Director James Comey informed Congress that the bureau would reopen its probe into Clinton use of an unauthorized private email server during her tenure as Secretary of State, according to Market Watch. Since then, Clinton once-sizable lead has narrowed significantly: On Friday, she held a 1.7 percentage point lead over her Republican rival, Donald Trump, according to the Real Clear Politics polling average — down from more than seven percentage points two weeks ago. But a team led by Paul Ashworth, chief U.S. economist at Capital Economics, warns that no matter who wins on Tuesday, lingering questions about the policies of the next administration could still hurt stocks. Clinton sagging poll numbers helped inspire the selling that drove the S&P 500 SPX, -0.17% to its longest losing streak since October 2008. But even though Wall Street views Clinton as the stability candidate, a Clinton win won't necessarily be a panacea for markets. Shares were on track Friday to break that streak after Friday jobs report. (news.financializer.com). As reported in the news.

egyptian pounds: The Egyptian central back said in a statement early Thursday that the official exchange rate of the Egyptian pound will be set at 13 to the US dollar, according to Global Times China. The currency will be allowed to fluctuate in value by 10 percent for a short period before it is set, the statement said. "The move to liberalize exchange rate regime aims to quell any distortions in the domestic foreign currency market and will allow market demand and supply dynamics to work effectively," the bank added in the statement. The stock market gained about 23.3 billion Egyptian pounds to a record 440.6 billion at the beginning of Thursday trading, according to the official MENA news agency. The bank has also raised deposit and lending interest rates by 3 percent to 14.75 percent and 15.75 percent, respectively. The official exchange rate for the Egyptian pound has been steady at 8.8 to the US dollar since March, but the currency kept tumbling on the black market, to as low as 18. (news.financializer.com). As reported in the news.

friday: Liquidity was drained with just some 31.752 million shares worth some 243.304 billion Vietnamese dong being traded at the Hanoi Stock Exchange on Friday, a decrease of 22.5 percent in volume and 39.87 percent in value against the previous trading session, according to Global Times China. Prices of 84 stocks went up; 94 stocks fell down, while 70 stocks remained unchanged. The HNX-Index, the benchmark of the Hanoi Stock Exchange, closed at 80.47 points on Friday, down 0.2 points or 0.24 percent against the previous trading session. Compared to last Friday closure, the HNX-Index decreased by 2.57 points or 3.09 percent on Friday. During the week, over 179.243 million shares worth over 1.724 trillion Vietnamese dong were traded on the Hanoi bourse. This is the third week that the Hanoi bourse has experienced downward trend. (news.financializer.com). As reported in the news.

breton: The Cabot Trail is a scenic drive on Cape Breton Island that includes Cape Breton Island National Park. - image: A tourist shop is seen on the Cabot Trail on Cape Breton island in Nova Scotia, Canada in October 2016. - image: An abandoned boarded up house is pictured on Cape Breton Island in Nova Scotia, Canada in October 2016. - image: Attendees of Sunday service at a Ukrainian church are pictured on Cape Breton Island in Nova Scotia, Canada in October 2016. - image: Pray for US, is spelt out on the side of a hill on Cape Breton Island in Nova Scotia, Canada in October 2016. - image: A couple dresses up as Donald Trump and Hillary Clinton to go trick-or-treating with their kids for Halloween in Sydney, Canada on Cape Breton island in October 2016. - image: Two women are pictured at a harvest festival in Polish Club in Sydney, Canada on Cape Breton island in October 2016. - image: A woman is pictured at a supermarket in Sydney, Canada on Cape Breton island in October 2016. - image: Coast line of Cabot Trail is pictured on Cape Breton Island in Nova Scotia, Canada in October 2016. - image: An American tourist takes pictures at a local museum on Cape Breton Island in Nova Scotia, Canada in October 2016. - image: Lick a Chick fast food joint is pictured at night in Sydney, Canada on Cape Breton island in October 2016. - image: Local kids are pictured at the movie theater on Halloween weekend on Cape Breton Island in Nova Scotia, Canada in October 2016. - image: Tim Hortons is pictured in Sydney, Canada on Cape Breton island in October 2016. - image: A young couple dress up as Hillary Clinton and Donald Trump while watching Saturday Night Live in Sydney, Canada on Cape Breton island in October 2016. - image: Coast line of Cabot Trail is pictured on Cape Breton Island in Nova Scotia, Canada in October 2016. - image: Americans came to Cape Breton in Nova Scotia, Canada the 1970s as a part of the country culture hippie back to the landers movement, according to MSNBC. Pictured here is a Buddhist couple in October, 2016. - image: A family of Syrian refugees that currently live in a church house are pictured on Cape Breton in Nova Scotia, Canada. Pictured here is an instrument maker in October, 2016. - image: A man is pictured on Cabot Trail on Cape Breton in Nova Scotia, Canada in October 2016. The family arrived to Canada through private sponsorship. - image: You Tube weatherman and local celebrity, Frankie McDonald crosses the street on Cape Breton in Nova Scotia, Canada in October 2016. - image: If Trump Wins t-shirts are on display at a store on Cape Breton Island in Nova Scotia, Canada in October 2016. - image: A French Canadian woman works the counter at a local shop. The cashier working is the first woman who was accepted under this program - image: Radio personality Rob Calabrese, host of Giant Radio, launched the If Trump wins… initiative is pictured in Sydney, Canada on Cape Breton island in October 2016. - image: Americans came to Cape Breton in Nova Scotia, Canada the 1970s as a part of the country culture hippie back to the landers movement. In an effort to look for work help the shop started a Facebook campaign offering land for work and two months after it launch it received 100K replies. (news.financializer.com). As reported in the news.

comey: A week ago, FBI Director James Comey intervened in the presidential campaign in a highly provocative way, releasing a vague letter to Congress about Hillary Clinton emails that seemed almost designed to generate innuendo, according to MSNBC. Reuters reported yesterday Comey was driven in part by a fear of leaks from within his agency when he decided to release the document. More recently, however, related concerns came to the fore – about *domestic* officials doing the same thing. The same Reuters report added that a faction of investigators based in the FBI New York Field Office is known to be hostile to Hillary Clinton. Consider the report from the *Guardian* Spencer Ackerman, who discussed his reporting on the show. Close video The Rachel Maddow Show, 11/3/16, 10:34 PM ET Possibility of FBI leaks to Trump campaign raises alarm Spencer Ackerman, national security editor for The Guardian, talks with Rachel Maddow about concerns about connections between the Donald Trump campaign and the FBI, particularly the New York field office, and the apparent willingness of some in the FBI share tweet email save Embed As Rachel reported last night, the effects of such anti-Clinton hostility within the bureau are raising the kind of questions the FBI hoped to leave behind in the J. Edgar Hoover era. (news.financializer.com). As reported in the news.

community infrastructure: The package comprises a $174 million Community Infrastructure and Investment Fund for new local projects which could include road, rail, school and health upgrades and a $50 million economic growth zone, according to Nine News Australia. Premier Daniel Andrews has provided details of the Victorian state government support package in the wake of the Hazelwood power station closure. Premier Daniel Andrews revealed this morning the $266 million in support will be in addition to the $22 million promised yesterday to ease the economic burden of hundreds of workers who face an uncertain future after yesterday shut down announcement. The "economic growth zone" will cover three local government areas within the Latrobe Valley and includes provisions for stamp duty concessions for companies that want to grow or move into the region. Some 750 workers, including contractors, will be directly affected by the closure in an area where eight per cent of the population is already unemployed."If we look at unemployment over the long term - there are big challenges in the Latrobe Valley. The funds add to an existing $10 million economic facilitation fund to grow businesses and a $22 million support package for workers and businesses affected by the Hazelwood closure. (news.financializer.com). As reported in the news.

consulting company: INVESTMENT PUSH "The decision is 100 percent right, according to Xinhua China. It is the first decision to be decisively made to treat a defective monetary policy among other complementary decisions to fix the financial market," said Mohamed Farid, former EGX vice-chairman and head of Dcode Economic and Financial Consulting Company. The Central Bank of Egypt announced on Thursday devaluation of the local currency by 48 percent which would allow the pound to float in the financial market based on offer and demand for the dollar. Recession over the past five years of political turmoil hit the country main foreign currency resources including tourism, foreign investments and exports, which led to a huge hike in dollar price and a wide gap between its official and black market exchange rates, affecting many import-based businesses. "Today move puts an end to the black market as it makes dollars available in the banks with a competitive price, which is expected to refresh the import-based industries and businesses and attract foreign investments into the country," Farid told Xinhua. After raising the official exchange rate of the dollar from 8.8 pounds to over 13 pounds, subjecting the dollar price to offer and demand mechanisms is expected to make investors confident while planning to invest in Egypt without worrying about their funds. "This will surely have a positive effect on investment as well as the stock exchange market in Egypt, because foreign investors will be encouraged by the liberty to enter the Egyptian market with an actual rate for the foreign currency," said Mohamed Youssef, Director of Egyptian Businessmen Association. He continued that the devaluation makes the currency a tool not a goal and it will help boost economy by urging closed or reduced businesses to reopen or increase production. "It will also make foreign investors think purely about investment chances rather than how to get in and out Egypt amid two currency markets," the financial expert explained. (news.financializer.com). As reported in the news.

high-roller gambling: Chief Executive Officer James Murren said MGM would spend between ¥500 billion and ¥1 trillion on an integrated resort — a large-scale project combining casinos with hotels, shopping and conference space — in Tokyo, Yokohama or Osaka, according to The Japan Times. Multiple blue-chip companies would look for an equity stake in an MGM-led project, he said, suggesting high hopes for a Japanese gaming market that brokerage group CLSA says could be worth $40 billion annually. Casinos are currently banned in Japan, but the odds of their legalization have improved sharply thanks to political shifts that could open the world next great frontier for high-roller gambling. We think there would be a tremendous amount of demand, and ultimately a public listing of these types of Japanese resorts would be very appealing, Murren said in an interview Monday. If a law laying the framework for legalized casinos passes the Diet, fresh legislation would set out details such as the location of the casinos. Rival operators keen to enter the market include Las Vegas Sands Corp., which said in 2014 it would invest up to $10 billion in Japan. (news.financializer.com). As reported in the news.

p spx: Put another way, stocks are nonpartisan, according to Market Watch. A tally of all presidential terms since 1928 provides no basis for partisanship, Doug Ramsey, chief investment officer at Leuthold, said in a note Friday. That they hailed from different sides of the aisle underscores the fact that no single political party is better or worse for the S&P 500 SPX, -0.17% , according to the Leuthold Group. On the surface, the S&P performance is generally even whether a Democrat or a Republican occupies the White House. Leuthold Group Caption outside of wrapper for normal article images The lack of a clear trend suggests that potential policy shifts are usually priced into the market by the time a new president comes into office or are overshadowed by cyclical factors. The median return for stocks under a Democratic president is 27.7%, while under a Republican the median return is 27.3%, according to Ramsey. (news.financializer.com). As reported in the news.

points: On Wednesday, it plunged 307.72 points, according to The Japan Times. The Tokyo market was closed on Thursday for a national holiday. The 225-issue Nikkei lost 229.32 points, or 1.34 percent, to end at 16,905.36, its first finish below 17,000 since Oct. 19. The Topix index of all first-section issues was down 21.40 points, or 1.56 percent, at 1,347.04, after losing 24.75 points the previous trading day. The market accelerated its downswing later in the morning session. The Tokyo market opened sharply lower, after the U.S. Dow Jones industrial average extended its losing streak to a sixth market day on Thursday and the yen strengthened against the dollar amid a prevailing risk-averse mood ahead of the closely watched U.S. election on Tuesday. (news.financializer.com). As reported in the news.

six-pronged proposal: Upholding the "Shanghai Spirit" of mutual trust, mutual benefit, equality and consultation, the SCO is about to embrace a brighter future by continuing to deepen pragmatic cooperation on economy and security among its member states, according to Global Times China. During the meeting in Kyrgyzstan capital Bishkek, Chinese Premier Li Keqiang put forward a six-pronged proposal on the organization future development and cooperation. Over the 15 years since its inception, the organization has played an indispensable role in promoting regional stability and prosperity and also contributed to world peace and development. Li proposal, covering a wide range of fields including industrial cooperation, innovation, a regional financing mechanism and people-to-people exchanges, reflected the strong willingness of the SCO members to deepen practical cooperation. Security cooperation and economic cooperation have been two major driving forces behind the rapid development of the regional cooperation mechanism. The proposal, which is in line with the overall interests of the whole region, will also help improve people livelihood and well-being in the region. (news.financializer.com). As reported in the news.

trading partner: Zuma will co-chair the sessions alongside his Zimbabwean counterpart President Robert Mugabe and both leaders will sign a number of agreements, according to Deutsche Welle. The commission was established in April 2015 to steer bilateral relations between the neighboring countries. Issues of trade, political relations and immigration are expected to top Thursday agenda. South Africa is Zimbabwe largest trading partner, albeit a huge trade imbalance. Show of neighborliness Harare sees Zuma visit as affirmation to its policies from of its southern neighbor. In 2015, exports from South Africa to Zimbabwe reached 24.8 billion rands , while Zimbabwe exported 2 billion rands; down by 55 percent from 4.4 billion in 2005. (news.financializer.com). As reported in the news.

donald trump: That sent stocks down and gold prices up sharply — and weakened the U.S. dollar, as traders pondered a possible win by Donald Trump, over front-runner Hillary Clinton, according to The Toronto Star. The Mexican peso has been see-sawing but saw a further slide, as investors believe a Trump victory would hurt U.S. trade with Mexico, especially because he has vowed to build a wall along the southern border. By Vanessa LuBusiness reporter Fri., Nov. 4, 2016 As polls showed a sudden tightening in the U.S. presidential race in the final stretch, financial markets were sent reeling by the possibility of a Trump presidency on Tuesday. In part, this reaction comes over the uncertainty of what a Trump win would bring — from trade deals to U.S. economic growth to whether the U.S. Federal Reserve would hike interest rates in December, as it has been expected to do.A Clinton victory is seen as little change, even status quo, because as a Democrat, it would essentially transfer power from one Democratic administration to another. We have to adapt and manage around this, he said. Article Continued Below This is probably unheard of that we have such stark contrasts in presidential candidates and policy-making, said Luc de la Durantaye, managing director of CIBC Asset Management. react-text: 151 The U.S. dollar was weakened as traders pondered a possibly win by Republican presidential candidate Donald Trump. /react-text So I think the risk ahead of the election has unnerved the market much more than usual, he said, noting that markets had not priced in any probability of a Trump win until last week stunning announcement from the FBI that it was reopening an investigation into Clinton private email server. (news.financializer.com). As reported in the news.

law enforcement: Markets are threatened by highly-leveraged funds, multiple domestic and overseas accounts in Hong Kong, and by overseas servers that offer unfair technological advantages, according to Xinhua China. There is been growing demand for coordination between the mainland and Hong Kong regulators in law enforcement since the Shanghai-Hong Kong stock link program were launched in 2014, according to the CSRC. The Shanghai-Hong Kong stock connect allows investors to trade selected stocks on each other exchanges within a fixed daily quota. The China Securities Regulatory Commission held a joint training session on market manipulation with the Securities and Futures Commission of Hong Kong . Cross-border manipulation has become major worry for both mainland and Hong Kong authorities recently, the CSRC said in a statement. A similar arrangement between the Shenzhen and Hong Kong bourses is expected to start this month. These programs give foreign capital easier access to the mainland market, facilitate cross-border flow of the yuan funds and help the Chinese currency go global. (news.financializer.com). As reported in the news.

march parliament: They also say she will stick to her timetable to do it by the end of March, according to Nine News Australia. Parliament is unlikely to defy the referendum vote by blocking Brexit, but if - as one aide said was the logical conclusion of the High Court ruling - she is forced to draft legislation for both houses to consider, her March deadline looks tight, several lawmakers said. May aides say she will appeal the decision by the High Court, which said that the government must get parliamentary approval to trigger Article 50, the formal divorce announcement. That could force her to call an early election, they said, a move her spokeswoman rejected on Thursday, saying 2020 was still the focus."The government is focused on how do we deliver what the British people decided and how do we do that in the way that gets the best deal for Britain," May spokeswoman said on Thursday."We've been very clear in our position that we don't agree with the court view and that why we are appealing it."The court ruling has spurred hope among investors and pro-EU lawmakers that parliament will now be able to put pressure on May government - which has three high profile eurosceptic ministers in key roles - to soften any plans for a "hard Brexit", or a clean break with the EU lucrative single market. Click here for more information. But it has enraged pro-Brexit campaigners and Britain eurosceptic newspapers, with the Daily Mail calling the three judges who handed down the ruling "Enemies of the people" and the best-selling Sun newspaper asking: "Who do EU think you are Loaded foreign elite defy will of Brit voters."© RAW 2016United Kingdom Politics Send your photos, videos and stories to can remain anonymous. (news.financializer.com). As reported in the news.

rights basket: The index that measures the yuan against the Bank for International Settlements currency basket strengthened by 0.34 percent month on month to 95.07, while the index that measures against the Special Drawing Rights basket strengthened by 0.49 percent from a month earlier to 95.52, according to Xinhua China. The figures showed that the yuan is basically stable against a basket of currencies, though expectations for an interest rate hike in the United States and fears over Britain exit from the European Union have led to a stronger dollar, the CFETS said. The yuan exchange rate composite index, which measures the yuan strength relative to a basket of 13 currencies, including the U.S. dollar, euro and Japanese yen, came in at 94.22 at the end of October, up from 94.07 a month earlier, the CFETS said in a statement. As the dollar index, which measures the dollar against six major currencies, rose to its highest level in eight months in October, the yuan weakened against the dollar "in order to maintain stability against a basket of currencies," it noted. The market rate against the dollar weakened by 1.49 percent in October, according to the CFETS. However, compared to other emerging economies and developed economies, China currency depreciation was relatively small, it said. The central parity rate of the Chinese currency against the dollar weakened to 6.7858 last week, a six-year low, before gaining a bit this week, losing 1.28 percent in value for October. (news.financializer.com). As reported in the news.

thai farmers: Key points:Global rice prices have hit a nine-year low, hurting Thai farmers The Thai junta has announced a rescue package for jasmine rice growers Former PM Yingluck Shinawatra says the plan is 'not different' to her policy Ms Yingluck was fined $1.3 billion for her failed 'rice pledging' policy Late rains meant he was only able to grow seven tonnes this season and the money won't go far for his three children. "It very low, I got nothing, I won't make any profit," he told the ABC. Across Thailand it a similar story, with global prices hitting a nine-year low. "The price of fertiliser is getting higher but price of rice keeps dropping," said Kasem Rangsikul, as he watched a harvesting machine strip his paddy, according to Australian Broadcasting Corporation. Keeping the millions of rice farmers happy is a matter of political survival as much as economics for the military junta, which ousted former prime minister Yingluck Shinawatra in a coup in 2014. Related Story: Former Thailand PM fined more than $1 billion over rice scheme Related Story: Thai King dead at 88 after influential 70-year reign Related Story: Thaksin tells Thailand opposition red shirts to 'play dead' for now Map: Thailand At a dusty Thai rice mill, Yusef Ahmad shoulders drop and his face winces as he finds out his rice will fetch just 20 cents a kilogram. The main rice-growing region in the country north is also a vote bank for the Red Shirt faction, aligned with Ms Yingluck and her brother Thaksin Shinawatra. With the harvest underway, the Government has announced a rescue package, offering growers of jasmine rice a premium rate if they agree to store their crop for several months, hoping global prices bounce back. Photo: Yusef Ahmad says the $0.20 a kilogram he will get for his rice means there'll be no profit margin. (news.financializer.com). As reported in the news.

alt-right survival: The prospect of the alt-right survival — even if the Republican presidential nominee Mr Trump loses the election — has alarmed traditional conservatives, as the movement threatens to tear the Grand Old Party in two, according to Australian Broadcasting Corporation. Milo Yiannopoulos is a young, gay, British darling of America alt-right and a senior editor at Breitbart, a conservative American news website that is challenging the dominance of traditional media outlets like Fox News. "It doesn't really matter if Trump wins or loses because this movement isn't going anywhere," he said. "Whatever you read into the polls it is at least 30 per cent of the American population who are sick of the establishment, sick of globalism, sick of the media elite, sick of the political elite, and probably a lot more than that frankly — people who just don't want to vote Trump but agree with that basic premise." Photo: Milo Yiannopoulos speaks to sell out crowds and draws thousands to his streamed events. Key points:Milo Yiannopoulos has penned op-eds criticising feminism, transgender people and Islam White nationalist leader says white working middle-class Americans have been disenfranchised Member of white nationalist political party says young white men feel humiliated The alt-right, or alternative right, is an umbrella term for a group of Americans who share a desire to eschew political correctness, are hell bent on breaking the current political system and are viewed by critics as racist and dangerous. Yiannopoulos gained a cult following at Breitbart for penning op-eds criticising feminism, transgender people and Islam. He speaks to sell-out crowds and draws thousands of viewers to his live streamed events. He has written articles calling women liberation "probably a mistake", driven by the advent of the pill and the washing machine. "In the case of transgender, it is elevating a mental illness to the status to some kind of civil rights struggle, which I find bizarre," he said. "Feminists deserve it because they have been man-hating and miserable and horrible people for decades now and women agree with me." The infamous 33-year-old and his entourage are in the middle of a national speaking tour, visiting college campuses across the country. (news.financializer.com). As reported in the news.