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

baby boy: Showing a wisp of hair would get them whipped by vigilantes, according to The Independent. The peace talks might return the Taliban to power, and Afghan President Ashraf Ghani's government has so far been excluded from the dialogue. The Taliban regime banned girls from going to school, women were forbidden from working, and they had to be covered head to toe when venturing outside and accompanied by a male relative, even if that meant their baby boy. But his wife, first lady Rula Ghani, has emerged as a powerful voice on the talks and women's role in them. This is what I do for Afghan women . ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. She is working to become, as she says, the little stone you put under the urn so it will not fall. (news.financializer.com). As reported in the news.

border region: A series of riots, bombings and stabbings blamed on ethnic Uighurs over the years prompted authorities to launch a massive security crackdown in the far western region, according to The Japan Times. The BRI is an important factor behind the central government's urge to bring the restive region of Xinjiang once and for all under its control, said Adrian Zenz, an independent German researcher specializing in Xinjiang. It's a stark reminder of the severe security policies that China has imposed on mostly Muslim ethnic minorities in its vast border region of Xinjiang, which it considers crucial to the success of President Xi Jinping's cherished Belt and Road initiative BRI . ; The gateway to Central Asia and key project partner Pakistan, Xinjiang is at the heart of the globe-spanning trade infrastructure program. The drastic measures have included placing as many as 1 million Uighurs and other mostly Muslim Turkic-speaking minorities, including ethnic Kazakhs and Kyrgyz, in internment camps that Beijing downplays as vocational education centers. The crackdown has put the leaders of Central Asia and Pakistan, who attended a Belt and Road summit in Beijing this week, in an awkward position. Uighur wives of Pakistani traders have also been swept up in the dragnet. (news.financializer.com). As reported in the news.

china: With China's strength in manufacturing and India's advantage in industries such as information technology, the two economies are complementary and have great potential for further cooperation, analysts said, according to Global Times China. The comment came as a Press Trust of India PTI report said over the weekend that about 200 US companies are seeking to move their manufacturing bases from China to India, citing a top US-based advocacy group. Photo Chu Daye/GT Even if US companies move their manufacturing bases from China to India as reported, it is not necessarily a bad thing as the two Asian giants could cooperate in the Indian market or even third markets, analysts said. Mukesh Aghi, president of the US-India Strategic and Partnership Forum, said that the US companies are talking to the group about how to set up an alternative to China by investing in India, according to the PTI report. Long further noted that with the fast development of the Indian economy, its efforts to improving the business environment, and low labor costs, companies from China will also go to the country to tap its market potential. Amid China's efforts at an industrial transformation and upgrading, it's a trend that some manufacturing companies will move out of China to countries elsewhere in Asia, including India, Long Xingchun, a senior research fellow with the Charhar Institute and director of the Center for Indian Studies at China West Normal University, told the Global Times on Sunday. (news.financializer.com). As reported in the news.

chinese market: Through the project, the Russian company could successfully introduce its low-cost corn and soybeans into the Chinese market, thus further achieving comprehensive agriculture strategy in the country, Ma Wenfeng, a senior analyst at Beijing Orient Agribusiness Consultants, told the Global Times on Sunday, according to Global Times China. Although China is the world's largest buyer of agricultural products, its purchases from Russia have been limited, and it barely buys corn from Russia, the eeo report said. According to a report from eeo on Sunday, the project is being conducted under an investment framework between the company and the Qingdao government, and it is the biggest foreign-invested agricultural project in the past five years in China. Rusagro entered the Chinese market with products from its agricultural business division in 2018 and shipped 5,000 tons of corn to China via the port of Qingdao in late 2018, according to a Reuters report. Investment in the first phase will be 2 billion, involving a pork pig production base covering an area of 1,000 hectares and an annual production of 3 million, a slaughterhouse, and a modern feed processing plant and storage base with an annual output of 1 million tons. The project is divided into three phases. (news.financializer.com). As reported in the news.

food recommendations: There was some thinking that there might need to be a one-question Twitter mailbag once a month to control the answer output and the usage of pop culture references, food recommendations and mentions of Red Dirt country music genre you really need to listen to Randy Rogers Band's new album Hellbent; Wine in her coffee cup is a fantastic song . But this mailbag has had no trouble adapting from an every-so-often content filler to a weekly staple, according to The Independent. Then again, the mailbag's agent didn't do a very good job of negotiating terms of the agreement. Get your questions in by tweeting Ryan Divish. That's why he's a former agent now. Get better umpires. Anyone interested As always these are real questions submitted by the eclectic mix of kind-hearted souls known as my Twitter Sunday Mailbag April 21 Forget robots to handle balls and strikes. (news.financializer.com). As reported in the news.

democrat party: The state helped propel Trump's 2016 victory, and Democrats are focused on reclaiming its electoral votes in 2020. ; Turning to presidential politics, the president had a suggestion for members of the Democratic Party, according to The Japan Times. They should change that to the Radical Left Democrat Party, he told a crowd that nearly filled the 10,500-seat Risch Center in Green Bay. Trump pointed to the economy's 3.2% growth in the first quarter before drawing even more applause by citing gains in employment and reductions in family poverty in Wisconsin. It's crazy what's going on with them. It was a signal that what the president and Republicans have been saying about Democrats for months could be a lasting part of his re-election campaign story. Oh, do I look forward to running against them. (news.financializer.com). As reported in the news.

inventory investment: The growth estimate, which might be revised, was surprisingly strong; as recently as April 1, economists were predicting a desultory quarter that barely moved the GDP needle, according to The Independent. It's also a bit of a rebound from the fourth quarter of 2018, when growth sagged to a 2.2% annual rate. The U.S. economy grew at a healthy 3.2% annual rate in the first three months of the year, according to a preliminary estimate from the Bureau of Economic Analysis on Friday. Before you pop the champagne corks, consider that the source of growth wasn't ideal. Aside from the increase in exports, those aren't indicators of growth to come. The BEA credited an upturn in state and local government spending, accelerations in private inventory investment and in exports, and a smaller decrease in residential investment. (news.financializer.com). As reported in the news.

investment: Plus, read about the growing popularity of e-sports stocks, and see which market sectors are most attractive now, according to Market Watch. Jonathan Burton INVESTING NEWS & TRENDS Here's how to check the animal-friendliness of your investments It's easy to check which individual stocks are cruelty-free, but you can't yet invest in a vegan investment index. Market Watch this week offered readers different perspectives on putting money into ESG and other progressive investments, as well as investing in another rare beast so-called unicorn IPOs. Here's how to check the animal-friendliness of your investments This SEC commissioner is right Investment funds shouldn't focus on environmental issues Rather than paying attention to ESG factors, investment firms should concentrate on the highest and best use of their money. Here's what investors need to know about how unicorn IPOs are really priced 5 ways to cash in as e-sports' becomes more popular than pro football Soon more people will be watching video-game competitions than the real thing.5 ways to cash in as e-sports' becomes more popular than pro football Here's one more box to check when hiring a financial adviser Your investment portfolio isn't the only thing an adviser has to manage. This SEC commissioner is right Investment funds shouldn't focus on environmental issues Here's what investors need to know about how unicorn IPOs are really priced Finding the true value of a pre-IPO company requires close scrutiny, writes Robert Pozen. (news.financializer.com). As reported in the news.

countries: For a while, optimism seemed well founded, according to The Guardian. Public debt for those countries that qualified for help dropped from an average of 100% of their annual income in the early 2000s to just over 30% by 2013 freeing up resources to spend on health, education and infrastructure projects. The event marked the high point of international development cooperation and was supposed to put the finances of low-income nations on a permanent sustainable footing. Now warning signs are flashing that another debt crisis is approaching, with concerns being raised not only by development campaign groups but by the International Monetary Fund and the World Bank. The Bank says debt in poor countries is a rising vulnerability . Explaining how the world came to be on the brink of debt crisis 2.0 is relatively simple. The IMF says 40% of low-income countries are either in debt distress or at high risk of being so. (news.financializer.com). As reported in the news.

delight: Polls suggest three quarters of Britons object to his policies and personal behaviour, according to The Guardian. Like a boorish house guest, Trump seems to delight in upsetting his hosts. The 45th US president is undoubtedly a divisive figure. Yet controversial visits by US presidents are nothing new. George W Bush faced a similarly hostile reception when he came to stay at Buckingham Palace in 2003, months after invading Iraq. Ronald Reagan encountered furious protests in 1982 after a decision agreed with Margaret Thatcher to deploy nuclear-armed cruise missiles at British bases. (news.financializer.com). As reported in the news.

diamond: Lucara Diamond Corp. said it recovered the stone from the Karowe mine in Botswana, according to Nine News Australia. The previous holder of the No. 2 position, a 1,111-carat diamond called Lesedi La Rona, was also unearthed in Karowe. To improve your experience update it here News World Why the newly discovered, second-biggest diamond ever is not worth as much as you'd think By CNN11 44am Apr 28, 2019Facebook Tweet Mail The recent discovery of the second-biggest diamond in history - a staggering 1,758-carat stone - is a remarkable find, but there's a debate over its real market value. However, the company said the newly-found diamond is a near-gem of variable quality, which means that, as far as diamonds are concerned, the size of the stone is not what's most important. Lucara Diamond Corp. The diamond is the second biggest found in history. (news.financializer.com). As reported in the news.

housing: The decline in affordable housing has prompted the organisation to declare that housing in Australia is broken . There is a huge shortage of secure, affordable rentals, Anglicare Australia executive director Kasy Chambers said, according to Nine News Australia. That's causing record levels of rental stress and even homelessness. To improve your experience update it here News National Fewer homes in reach of low income report By AAP12 05am Apr 29, Australians have fewer affordable rental homes available to them than a year ago, according to new analysis by Anglicare. The advocacy group surveyed private rental properties available across Australia on March 23, more than 69,000 in total. Only 317 of the homes - or 0.5 per cent - would be affordable for a single person receiving the disability support pension, compared to 0.72 per cent of rental housing being available for the group last year. It found that only one property would be affordable for a single person receiving either the Newstart or Youth Allowance welfare payments. (news.financializer.com). As reported in the news.

nation defector: There is the Australian Securities and Investment Commission charge for an alleged breach of the criminal code relating to the proposed takeover of the President's Club at his Sunshine Coast resort, a disqualification from parliament if Palmer were convicted, according to The Guardian. But one thing that is not troubling Brian Burston, the One Nation defector leading the United Australia party Senate ticket in New South Wales, is the possibility that candidates could get elected and quit, as Jacqui Lambie and Glenn Lazarus did after entering the Senate for Palmer's party in 2013. There's the issue of trust, because Queensland Nickel workers are still owed 7m Palmer says he has paid into a trust fund to be disbursed but only after the election. Back then Palmer was a bit rusty in selecting candidates, Burston told Guardian Australia. It cannot happen, or there'll be consequences for those that want to walk. This time it's taken place over many, many months, they're well vetted, there's procedures in place where the falling apart of the party will not happen. (news.financializer.com). As reported in the news.

investment: And all 45 of the analysts surveyed by Fact Set are bullish on the stock for the past month, according to Market Watch. There's an old Wall Street adage that if everyone is leaning in the same direction, it's better to bet in the opposite direction. For one, the stock options market is prepping for a one-day post-earnings move that is less than that day's average over the past five years, as well as the most recent quarters. As famed economist John Maynard Keynes supposedly explained, the central principle of investment is to go against the general opinion, because if everyone is bullish, that investment is inevitably expensive and therefore unattractive. Don't miss Amazon earnings Revenue comes into focus in 2019. And on a short-term basis, the idea is that if you're bearish and wrong, the stock won't run too far against you, because everyone has already bought the stock; if you're right, the bang-for-the-buck will be greater because sellers may have a hard time finding a buyer since everyone had already bought, which could result in a bigger-than-warranted selloff. (news.financializer.com). As reported in the news.

ipu activities: We work with other members of the IPU to put things in place and ensure that the aim of IPU - peace, development, cooperation, mutual understanding, friendship and the defense of human rights, all very important principles, are implemented throughout IPU activities, according to Global Times China. As IPU Secretary General Martin Chungong puts it that the IPU is not to judge who is right and who is wrong and does not set norms for its members to follow. How does China cooperate with world parliaments to promote common goals How should we see China's influence through its role in the IPU Global Times GT reporter Wang Wenwen interviewed Chen Guomin Chen member of the IPU Executive Committee and vice chairman of the Foreign Affairs Commission of the National People's Congress Standing Committee, about his experience of engaging with the IPU. What is China's role within the IPU Chen China's role in the IPU is simple and clear-cut. IPU President Gabriela Cuevas Barron upholds the principle of non-intervention. What China does in the IPU is to see these principles are followed and observed. The IPU leadership's position coincides with the five principles of peaceful coexistence China champions, namely mutual respect for sovereignty and territorial integrity, mutual non-aggression, non-interference in each other's internal affairs, mutual benefit and peaceful co-existence. (news.financializer.com). As reported in the news.

japanese pensions: That means we need to arm ourselves with as much information as possible, just in case we end up permanently settling in Japan, according to The Japan Times. For example, did you know that Japanese pensions are paid only six times a year ; That means the pre-Christmas payment has to last through the New Year's holidays and all the way up to Valentine's Day, says Wm. The rest of us, however, are on our own. Wilhelmina Penn, author of The Expat's Guide to Growing Old in Japan, which was first published in 2017. The Expat's Guide to Growing Old in Japan' by Wm. The book was updated in December last year to reflect recent changes in Japan's inheritance law. (news.financializer.com). As reported in the news.

memory-chip demand: Their combined market value represents 36 percent of the total in the section. ; Industrial robot maker Fanuc Corp. estimates a 60 percent net profit fall, anticipating continued weakness in capital investment in China, according to The Japan Times. Advantest Corp. forecasts a drop of 50 percent or more in its net profit amid expectations that sluggish memory-chip demand will weigh on sales of its semiconductor testing devices. The survey covered 243 companies listed on the Tokyo Stock Exchange's first section that have released earnings results for the fiscal year which ended last month. Many companies, mainly those related to capital investment, are cautious about their outlooks, said Kazuhiro Takahashi, an equity strategist at Daiwa Securities Co. Hitachi Ltd. expects its net profit to nearly double from the previous year, when it booked losses related to the suspension of its nuclear plant construction project in Britain. Nidec Corp. expects a 21 percent net profit increase, believing that motor demand in China will recover in the second half. (news.financializer.com). As reported in the news.

paper profit: Those beats were fueled not by actual money flowing into the company for ads sold on Google or any of Alphabet's GOOGL, 1.47%GOOG, 1.21% myriad other businesses, but rather paper profit on investments the company has made, according to Market Watch. It also ignores huge fines Google expects to pay the European Commission. Google's parent company beat analysts' quarterly earnings estimates by an average of about 27% last year, and never by less than 17.5% in any of the four quarters, according to Fact Set records. Companies were forced to begin counting unrealized gains on their investments every quarter in 2018, much to Berkshire Hathaway Inc. Alphabet which Google's founders seemed to form in Berkshire's image saw huge changes because of it In total, Google reported profit of 30.74 billion in 2018, and a hair more than 4 billion of that total came from net increases in the value of its investments, which are not fully disclosed. BRK.A, 1.22%BRK.A, 1.22%Chief Executive Warren Buffett's chagrin. (news.financializer.com). As reported in the news.

news emails: Andrew Harrer / Bloomberg via Getty Images file Breaking News Emails Get breaking news alerts and special reports, according to MSNBC. The news and stories that matter, delivered weekday mornings.SUBSCRIBEApril 28, 2019, 3 42 PM UTCBy Allan Smith Stephen Moore, President Donald Trump's planned nominee to the Federal Reserve Board, told ABC's This Week on Sunday that he is embarrassed by some of his past writings and commentary about women that have recently come under scrutiny. Stephen Moore visits the Heritage Foundation in Washington on March 22, 2019. Frankly, I didn't even remember writing some of these they were so long ago, he said of columns that were resurfaced by CNN and The New York Times, adding, They were humor columns but some of them weren't funny so I am apologetic; I'm embarrassed by some of those things I wrote. In an email to CNN, the outlet that unearthed writings in which he lamented women's involvement in athletics, Moore had called the old writings a spoof and that he had a sense of humor. When asked if he regretted any of those writings, Moore said, Sure I do. (news.financializer.com). As reported in the news.

routes: Sunny Balwaria, president of Cold Shot bus services, is pictured on one of his buses in Edmonton on Tuesday, April 23, 2019, according to The Toronto Star. Jason Franson / THE CANADIAN PRESS Bus operators report strong competition on profitable routes with good ridership, while remote routes with lower numbers usually aren't served at all or get less frequent or less reliable service, often on smaller vehicles or ones that don't accommodate disabled passengers. And they concede that the level of service they are providing doesn't come close to matching what Greyhound had offered before it decided to abandon what it says was a money-losing business. If you're travelling the major markets, you definitely have options and there are good carriers that are reputable, said John Stepovy, director of business development for Calgary-based Pacific Western Transportation, which operates Red Arrow and Ebus services in Alberta and B.C. Once you start going into smaller markets or travelling interprovincially, the marketplace is a lot more scattered and the travelling public is forced to create their own journeys. Article Continued Below About a year ago, Pacific Western was hired by the province of British Columbia to operate its BC Bus North service after Greyhound cancelled routes to communities including Prince Rupert and Dawson Creek. Previously, you just needed one ticket through Greyhound. (news.financializer.com). As reported in the news.

saint george: This undated photo shows reindeer traveling on Saint George Island near the village of Saint George, Alaska, according to The Toronto Star. A minister on another Alaska island is leading an effort to help the impoverished Native village create a new economy with the plentiful supply of reindeer that roam its island home. John Honan sees great potential for establishing a small commercial reindeer processing plant in Saint George, home to 60 people and an estimated 350 reindeer. AP / Pat Pletnikoff This undated photo provided by Pat Pletnikoff, shows reindeer traveling on Saint George Island near the village of Saint George, Alaska. AP / Pat Pletnikoff Honan, a Protestant pastor who runs an emergency housing ministry on another island, has started a donation drive for equipment, contacting local businesses to get involved, and has set up a relief fund for Saint George. A minister on another Alaska island is leading an effort to help the impoverished Native village create a new economy with the plentiful supply of reindeer that roam its island home. (news.financializer.com). As reported in the news.

story: And they're ranked -- so the No. 1 story is the most important, according to CNN. Every Sunday, I will highlight the 5 BIG storylines you need to know to understand the upcoming week on the campaign trail. (news.financializer.com). As reported in the news.

trump: In his launch video, Biden flat-out lied about what President Trump said, claiming Trump said there were very fine people on both sides of the 2017 Unite the Right rally, according to MSNBC. Biden said the two sides to which Trump was referring were, on one side neo-Nazis, and on the other side were those protesting the neo-Nazis. The latest Democrat politician to use this tactic is former Vice President Joe Biden, who during the announcement of his third campaign for president, made a point of lying about and misquoting what President Trump said in the aftermath of the Antifa-inspired violence on August 12, 2017. At this point said Biden, he knew the threat to this nation was unlike any I'd ever seen in my lifetime. Here is what Trump said Excuse me, they didn't put themselves down as neo-Nazis, and you had some very bad people in that group. Here's what President Trump really said, courtesy of a Larry Elder column for Real Clear Politics In his widely misquoted press conference three days after Charlottesville, Trump said there were very fine people on both sides of the issue of whether it is appropriate to display Confederate monuments in pubic locations. (news.financializer.com). As reported in the news.

asia europe: But even as investors have been drilled with headlines on continued weakness in developed economies in Asia and Europe, a significant share of companies with a large, global footprint haven't said that these trends are hurting their foreign profits or management's outlook, according to Market Watch. Starbucks Corp. Indeed, S&P 500 SPX, 0.47% firms consistently source more than 40% of their sales abroad. SBUX, 0.44% for instance, reported better-than-expected earnings on Thursday, while saying that sales in China grew by 3%. Dow DJIA, 0.31% component United Technologies Corp. UPS, -1.12%issued disappointing earnings, but the company's weakness was derived from the U.S. market, as international profits hit new records. UTX, 0.75%also beat analyst expectations, with strong revenue growth in its Otis division that grew sales in Asia by nearly 6%. United Parcel Service Inc. (news.financializer.com). As reported in the news.

church members: He asked forgiveness for the failings of those clergy who betrayed the trust invested in them to protect young people, according to The Japan Times. It is my heartfelt prayer that together we as a family of faith may be healed, Dolan added. The release, from the nation's second-largest Roman Catholic archdiocese, follows more than 120 such disclosures from other dioceses around the country as the church reckons with demands for transparency about sex abuse by clergy. ; In a letter to church members, Cardinal Timothy Dolan said he realizes the shame that has come upon our church due to the sexual abuse of minors. Church abuse watchdogs and lawyers for abuse accusers said the release of the list was a positive step, but some of them saw it as incomplete. Nor does it list priests who were ordained elsewhere and later served in New York. It doesn't include accused members of religious orders who worked in the archdiocese's churches and schools, though some orders have released their own lists. (news.financializer.com). As reported in the news.

building answers.ca: I would like to thank the hundreds of residents who submitted questions at Building Answers.ca for us to answer over the past three weeks, according to The Toronto Star. Here are the top three questions The amount of new home construction in the GTA is driven by factors including natural growth and rural-to-urban migration. The objective is to demystify the development and home-building process in the GTA, and to have a dialogue with residents about the housing challenges facing the region. Richard Lautens / Toronto Star 1. Questions came from a wide range of residents from young and old, to single parents and single-income families. How will the challenge of affordability affect our ability to purchase a home By far the largest number of questions we have received pertain to people's ability to afford a home in the GTA. Questions included the challenges of finding rental properties and the status of purpose-built rental buildings in the region. (news.financializer.com). As reported in the news.