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

excerpt: Before introducing Reid, Wallace read aloud an excerpt of the book talking about how Trump seemed to normalize...the public display of thuggery and open racism by white Americans who felt empowered to assert themselves as the arbiters of cultural legitimacy in his name and accusing President Trump of waging a new American civil war, according to MSNBC. Reid told Wallace that she rejected the idea that President Trump was elected because of economic anxiety, arguing that what really elected him was racialized anxiety so that if your economic situation isn't as good as your parents', you blame it on Mexicans. From comparing President Trump to your racist Uncle Jerry and Archie Bunker to accusing him of putting on a Roman coliseum with little brown kids and abuelas for his base, the MSNBC personalities made it perfectly clear just how much they despise President Trump. Reid proceeded to compare President Trump to your racist Uncle Jerry that's sitting around screaming about Japan and China ruining America and Mexicans...moving into the neighborhood and making it dirty and trashy. Reid agreed with Wallace, telling her that unlike President Trump, he had a heart. Wallace brought up the Archie Bunker parallel, adding that Archie Bunker was a lot warmer. (news.financializer.com). As reported in the news.

financing: The film-makers believe that, while homegrown casts and crews are working instead on Hollywood and overseas productions, the increasing dominance of US online streaming platforms will drive up costs further and ensure that stars on whom they rely to attract crucial financing are even less available, according to The Guardian. Last week, in a boost for the UK's status as a centre for film and TV production, Netflix announced that it was setting up a permanent production base at Shepperton Studios, spending more of its 13bn 10.3bn annual production budget in the UK. The news came as Disney joined studios planning rival streaming companies with their own productions. They say that the financing model of the past 20 years is broken and that making Oscar-winning films such as The King's Speech and Slumdog Millionaire has become all the more difficult. Before launching Disney it has pulled all its content, including the Toy Story franchise, from Netflix in the US. The British film industry after Brexit We're going to throw it all away'Read more Andy Paterson, who co-produced The Railway Man, the acclaimed second world war film starring Colin Firth and Nicole Kidman, said others would follow and that, although British film-makers were benefiting from the streamers, there was a limit to the number of subscriptions that the public would buy. Paterson said There's going to be a massive war between those platforms over the next two years and then, inevitably, a consolidation. He predicted a streamer war that would take its toll on the independent sector. (news.financializer.com). As reported in the news.

interest rates: Labor claims if the government lowers the deeming rate by the same amount the Reserve Bank has lowered interest rates, some part-pensioners will be anywhere between 62 and 3875 a year better off, according to Nine News Australia. The government is unlikely to lower it by that much because it would almost wipe out its surplus but hundreds of thousands of pensioners will almost certainly get more cash sometime this week. To improve your experience update it here News National Pension payments could increase with change to deeming rate By 9News Staff6 00pm Jul 7, than half a million Australians could have their pension payments increased with the government on the cusp of making a significant change. Prime Minister Scott Morrison and Treasurer Josh Frydenberg leave the Reserve Bank of Australia building after meeting with the RBA Governor Philip Lowe in Sydney. Currently, the government assumes pensioners are getting a 3.25 per cent return on any investment over 51,200 and 1.75 per cent on anything less than that. AAP Image/Dean Lewins AAP Deeming is how the government works out the income made from a person's investments regardless of what they really earn. (news.financializer.com). As reported in the news.

story: And they're ranked -- so the No. 1 story is the most important of the coming week, according to CNN. Every Sunday, I will break down 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.

war footing: The government response so far has been timid, according to The Guardian. Theresa May introduced a net-zero carbon emissions target for 2050, but there are reasons why the Conservatives haven't gone further her party is hard-wired to fail. However, anything less than putting Britain on a war footing will not be enough. Clinging to a belief in the power of free markets, it neglects the fact that to decarbonise the economy greater investment from the state is required. But faced with the scale of the challenge, only government has the weapons powerful enough to tackle the crisis. Free-market advocates detest big government. (news.financializer.com). As reported in the news.

a-shares market: PwC predicted the 200 IPOs this year would collect an estimated sum of 180 billion yuan, according to Global Times China. The sci-tech innovation board, inaugurated on June 13, is designed to focus on companies in the high-tech and strategic emerging sectors, such as new-generation information technology, advanced equipment, new materials, new energy, energy saving and environmental protection and biomedicine. The country's A-shares market saw 64 IPOs in the first half of this year, with a total of 60.4 billion yuan about 8.8 billion US dollars raised. It will ease the listing criteria, such as allowing firms that have yet to make a profit to list, but they will adopt higher requirements for information disclosure. Sci-tech innovation board latest milestone of China's capital market opening-up and reform economist (news.financializer.com). As reported in the news.

chinese men: The ministry has judged that Seven & I did not take sufficient measures to prevent access by people using someone else's ID, according to the ministry, according to The Japan Times. The guidelines, formulated by the Payments Japan Association, a body that promotes cashless transactions, requires the operators of mobile payment services to confirm the linkage between the devices of users and apps downloaded on them to prevent unauthorized access. One of two Chinese men arrested on suspicion of attempted fraud paid 730,000 6,750 to buy 146 cartons of electronic cigarette cartridges at a Seven-Eleven outlet in Tokyo using stolen IDs for the new smartphone payment service 7pay, police said Friday. ; The Ministry of Economy, Trade and Industry has determined the operator, Seven & I Holdings Co., failed to strictly follow guidelines to prevent unauthorized access and warned providers of similar services to ensure they confirm the identity of users. The police arrested Chinese nationals Zhang Sheng, 22, and Wang Yunfei, 25, on Thursday and sent them to prosecutors Friday. Wang was responsible for driving the vehicle used by the pair, in which 19 more cartons of e-cigarettes were found, with police suspecting these, too, had been fraudulently obtained by the same means at another store. On Thursday, Seven & I said some 900 customers using the cashless payment service may have lost a total of 55 million after their accounts were hacked. (news.financializer.com). As reported in the news.

chinese: Trump will lift some restrictions on Huawei Technologies Co, according to Market Watch. Ltd.'s ability to do business with U.S. companies and will postpone tariffs he threatened to impose on an additional 300 billion annually in Chinese imports. In a meeting on the sidelines of the G-20 summit in Osaka, Japan, President Donald Trump and Chinese President Xi Jinping agreed to resume trade talks that had broken down in May. In exchange, Xi agreed China will buy more U.S. agricultural products. This deal the second time President Trump gave in to China's demands and ended restrictions on a major Chinese technology company that had been accused of threatening U.S. national interests effectively marks the end of Trump's trade war with China. Details will be spelled out later. (news.financializer.com). As reported in the news.

consumers confidence: It fell to 121.5 this month from a 131.3 in May, according to Market Watch. That's the lowest level since September 2017. Consumer confidence fell to a two-year low in June, the Conference Board announced last week. The escalation in trade and tariff tensions earlier this month appears to have shaken consumers' confidence, Lynn Franco, senior director at the Conference Board, said in a statement. Many people are living with wildly fluctuating income, a recent report from the Board of Governors of the Federal Reserve System said. Continued uncertainty could diminish people's confidence in the economic expansion, she added. (news.financializer.com). As reported in the news.

keyup listener: Politicians skirted the issue if ever questioned, and Americans mostly avoided the discussion of what was largely an illicit drug throughout the United States, according to The Independent. But a lot has changed in a decade. Search first keyup' ; ; listener ; ;No matching results for ''Tip Try a valid symbol or a specific company name for relevant results Give feedback on the new search experience Cancel Sign in Mailif window.performance window.performance.mark && && Finance Techif window.performance window.performance.mark && && U.S. Markets open in 4 hrs 23 minsS&P window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && New Cannabis Survey Reveals the No. 1 Legalization Hurdleif window.performance window.performance.mark && && Williams, The Motley Fool Motley Fool July 6, 2019if window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && recently as a decade ago, marijuana was considered to be a taboo topic. Today, two-thirds of the country have given the green light to medical marijuana, and Illinois recently became the 11th state to OK adult-use marijuana. We've also witnessed a number of politicians openly discuss, and perhaps even support, marijuana reform at the federal level. Recreational sales will commence in the Land of Lincoln on Jan. 1, 2020. (news.financializer.com). As reported in the news.

year: The number of transactions surged by 79.6 percent year on year while the value marked a 22.32-percent rise, the statement said, according to Global Times China. The number of online payment transactions surged 34.59 percent year on year to 16.29 billion while the value dipped 2.06 percent to 622.68 trillion yuan, the data showed. Banks and financial institutions dealt with 19.69 billion mobile payment transactions valuing 86.62 trillion yuan 12.6 trillion U.S. dollars in the first three months, the People's Bank of China said in an online statement. China is the world's largest mobile payment service market, with both tech and financial giants promoting their own tools to facilitate easier payments for daily shopping, dining and commuting. Shanghai, Hangzhou, Beijing lead China's mobile payment development More senior Chinese use mobile payment overseas Alipay (news.financializer.com). As reported in the news.

reserve ....: They raised rates too soon, too often, & tightened, while others did just the opposite, according to The Independent. As well as we are doing from the day after the great Election, when the Market shot right up, it could have been even better - massive additional wealth would have been created, & used very well, he continued. Strong jobs report, low inflation, and other countries around the world doing anything possible to take advantage of the United States, knowing that our Federal Reserve doesn't have a clue! Trump tweeted late Friday night. Our most difficult problem is not our competitors, it is the Federal Reserve! .... As well as we are doing from the day after the great Election, when the Market shot right up, it could have been even better - massive additional wealth would have been created, & used very well. The president has argued that the Fed should lower interest rates to stimulate the economy and aid his trade battles while inflation remains low. Our most difficult problem is not our competitors, it is the Federal Reserve! Donald J. Trump real Donald Trump July 6, 2019Trump's comments come a day after an unexpectedly good June jobs report, which said the economy added roughly 224,000 jobs for the month.ADVERTISEMENT Trump touted the report on Friday while claiming the economy would have transcended previous highs if the Fed yielded to his desire for lower rates. (news.financializer.com). As reported in the news.

bannon: It covers a period during which Bannon campaigned for Republicans such as Roy Moore, the far-right Alabama politician who was accused of sexual misconduct, and established a new pan-European populist organisation, the Movement, according to The Guardian. Why did Bannon give you so much access Is it because, as he says in the film, he learned from Trump that there is no such thing as bad media Only he knows the answer to that. Her new film, The Brink, follows Steve Bannon, Donald Trump's former chief strategist, in the 13 months following his acrimonious departure from the White House in 2017. When my producer approached him, she appealed to his ego and his vanity. It really is about the banality of evil How did you think of Bannon when you began following him Did you feel differently about him by the end of the process At first, I wanted the answer to two questions. He's into the Great Man version of history, and he's certain he's one of those great men. (news.financializer.com). As reported in the news.

china war: Yonhap said the flash and memory chip market is undergoing a period of inventory adjustment resulting in low demand for the products and lower prices, according to Asahi Shimbun. Intensified U.S. -China war, and Japanese export curbs and signs of trade conflicts widening globally are likely to delay recovery Lee Kyoung-min, analyst at Daishin Securities said. The export restrictions imposed by Japan could seriously influence the Electronics chip giants Samsung and SK Hynix as the two significant chemicals are being targeted. The latest bitterness over forced labour could disrupt global supplies of memory chips and smartphones. As noted by CNBC, the Q2 2019 figures also include a one-time payment of 685 million 800 billion won by Apple to Samsung Display - which outfits OLED panels on iPhones - for missing a sales target. But now the memory chip business is weighing Samsung down too . Samsung's cause hasn't been helped by the ongoing decline in smartphone sales either, despite strong sales of its flagship Galaxy A series handsets in emerging markets. (news.financializer.com). As reported in the news.

creation: The Daily Telegraph The possibility of an imminent interest rate cut by the US Federal Reserve has been cast into doubt by far better than expected job creation in June, according to The Guardian. Financial Times The European Aviation Safety Agency has set out a detailed list of issues for Boeing to resolve before it will allow the 737 Max back into the skies. Financial Times Deutsche Bank is poised to slash 20,000 jobs and shed 50 billion of assets as investment banking chief Garth Ritchie resigned. Financial Times BMW's chief executive Harald Kr ger has quit days before a board meeting that was due to decide his future. The Guardian Ticket sales at the global box office was down 6% in the first half of 2019 as misfiring Hollywood sequels give cinemagoers a case of franchise fatigue. Business and economics The Guardian The UK is yet to come up with a plan to replace a 5 billion lifeline of EU regional cash for important social, employment and infrastructure funds, which could jeopardise the regional projects, local council leaders have warned. (news.financializer.com). As reported in the news.

dfid: It's notable that this scheme is supported by UK aid money from the Department for International Development DfID and offers a guarantee, although this only covers the first 100 of capital invested and applies to first-time investors, according to The Guardian. Energise Africa enables ordinary people to invest in bonds issued by solar companies, allowing them to provide life-changing solar home systems to low-income families in countries such as Kenya, Rwanda, the Democratic Republic of the Congo and Tanzania. That's the offer from an ethical investment scheme that allows people to put money into companies providing African families with access to clean, affordable solar energy. With a minimum investment of 50 and expected annual returns that have in the past typically ranged from 5% to 7%, this is a potentially straightforward and accessible way for people to make sure their money is doing some good. However, above and beyond that guarantee, your capital is at risk, and the returns are not guaranteed. And the guarantee on offer to new investors will definitely provide reassurance. (news.financializer.com). As reported in the news.

san francisco: Its housing market is starting to feel a bit strained, according to Market Watch. As an academic who grew up there put it, Prices here began to take off and within a few years were growing at annual rates of over 15%, after the housing crisis bottomed out. Consider a trendy city, beloved by tourists and home to a thriving economy and plenty of industry. Sound familiar No, it's not San Francisco nor is it New York, or even Austin, Texas. And more recently the rest of the country has followed this trend, albeit at a slower pace, which means that house prices are now rising everywhere, he added. A similar story can be told about other large cities in the Netherlands, writes Klaas Knot, the hometown boy, in a recent paper. (news.financializer.com). As reported in the news.

saudi families: The government also says it will monitor previously unchecked money flows from donors, including prominent Saudi families, to mosques on the Indian Ocean island, according to The Japan Times. Nobody will be able to just make donations now, said Muslim Cabinet Minister Kabir Hashim, who has urged Muslim communities to look at how radical ideas could have spread. On April 21, nine Sri Lankans blew themselves up in churches and luxury hotels, killing more than 250 people and shocking the country a decade after its civil war ended. ; Sri Lanka has since arrested a Wahhabi scholar and is poised to take over a Saudi-funded school. He said the Department of Muslim Religious and Cultural Affairs will oversee donations. Jihadi organizations, including Islamic State which claimed responsibility for the Easter bombings follow an extreme interpretation of Islam's Salafi branch, of which Wahhabism was the original strain. The outcry in Sri Lanka is the latest sign that Wahhabism, which critics deem a root cause of the jihadi threat, is under pressure internationally. (news.financializer.com). As reported in the news.

sony microsoft: And in a way, they have President Trump to thank for it, according to The Independent. Two words 'Trade war'Here's the genesis. There's lots to keep an eye on, from how Google plans to tackle the mother of all chicken-and-egg problems with its no-console system meaning building a giant video game platform with no gamers yet on board to to the potential Achilles heel that many skeptics say Google hasn't yet addressed two words bandwidth caps . But, in a complicated twist of events that nobody could have predicted, it seems Google now has a sudden and significant advantage over Nintendo, Sony and Microsoft -- at least when it comes to selling to U.S. customers. This all bounces a bit like a ping pong ball between competitive advantages and disadvantages, so I'll try to keep it as simple as possible The key difference between what Google is offering with Stadia and everything else on the market is that there's no console to buy. Exception no iPhones, at least to start. No matter what device you're using to read this article, you should be able to play Stadia games on it. (news.financializer.com). As reported in the news.

souvenir shops: Shukan Gendai June 22-29 reports that plans are in the works to create a Chinatown. ; The gradual influx of restaurants or other businesses owned or operated by ethnic Chinese whose numbers have overtaken Koreans in recent years as Japan's largest foreign minority convinced investors to develop the district into a snazzy enclave that would boast not only restaurants but bakeries, souvenir shops, fortune-telling stands and so on, according to The Japan Times. If the plan goes through, Osaka would join the domestic cities of Yokohama, Kobe and Nagasaki in hosting a Chinatown. Nishinari Ward, an arguably sordid section of the city perhaps best known for its large population of day laborers, is on the verge of becoming cosmopolitan. While some acknowledge that such a development would doubtless contribute to the neighborhood's economic vitality, others have expressed a few reservations, with some arguing it could create problems. If the total number of foreign residents in Tokyo's central 23 wards are not counted as a single figure with the wards treated as separate cities then Osaka ranks No. 1 in foreign population, with more than 130,000. According to a report on foreign residents and their percentage compiled by the city of Osaka, as of the end of 2018, foreign nationals accounted for 22 percent of the population in Osaka's Ikuno Ward and 13 percent in Naniwa Ward. (news.financializer.com). As reported in the news.

box: It was followed by Spider-Man Far from Home, the latest installment of the acclaimed Marvel Cinematic Universe, which grossed more than 53.56 million yuan on its eighth day of screening, according to Global Times China. Universal and Illumination's The Secret Life of Pets 2 ranked third on its debut day Friday, grossing about 18.12 million yuan. The film raked in about 130.63 million yuan about 18.95 million US dollars accounting for over 59 percent of the daily total. The Oscar-winning Japanese animated film Spirited Away pulled in 6.4 million yuan, making it the fourth highest-grossing film Friday. Spiderman Far from Home continues leading Chinese mainland box office Toy Story 4' tops NA box office Spider-Man Far from Home tops Chinese mainland box office (news.financializer.com). As reported in the news.

family: Future Land, which is known in China by the name of its subsidiary Seazen Holdings, issued an open letter in Chinese Friday in which it apologized for its founder's reported behavior and the great suffering he had caused the alleged victim and her family, according to CNN. We are deeply troubled, shocked and upset about the fact that it is our company's founder who caused this storm, the company said. Billionaire Wang Zhenhua, who founded Future Land Development Holdings in 1996, was detained earlier this week on suspicion of having molested a minor in a Shanghai hotel, Chinese state media reported. We, as well as the public, think juveniles are the future of society, and any behavior that harms them should be punished by the law. The police are continuing to investigate but would not comment beyond what was in their statement. Shanghai police said in a statement Wednesday that they had detained a 57-year-old man, identified only by the surname Wang, for alleged child molestation in a local hotel. (news.financializer.com). As reported in the news.

netherlands: Until her late teenage years, she would join them for a kickabout on the streets and take part in impromptu matches with their friends, according to CNN. It was an upbringing which gave former Netherlands coach Pauw, who in 2009 guided her country to its first major tournament, the vision to create the blueprint which serves as the foundation for the current success of the Dutch women's national team, the reigning champions of Europe and, possibly by Sunday, the world. With no girls team around to join, she had to indulge in make-believe. Follow cnnsport !function d,s,id var 'script', 'twitter-wjs' ; The speed with which the Netherlands has caught up with the established powers of the women's game has been impressive. But the Netherlands' rise should not be regarded as a story of sudden success because it has been decades in the making, the trigger being Pauw, who successfully fought for the country's most talented girls and boys to be allowed to play with and against each other until the age of 19. Competing in a World Cup for only the second time, the Orange Lionesses have reached their first final and will attempt to topple the United States, the defending champion, the world's top-ranked team and the dominant force in the game. (news.financializer.com). As reported in the news.

newsletters: Email Sign UpBy signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time, according to MSNBC. Facebook Twitter Email Print Trump administration continues push for citizenship question By JAKE SHERMAN, ANNA PALMER and DANIEL LIPPMAN 07/06/2019 09 00 AM EDTPresented by President Donald Trump is enmeshed in what many consider to be a fruitless effort to get a citizenship question added to the Census. Sign up for POLITICO Playbook today. Evan Vucci/AP Photo DRIVING THE DAYTWO SIDES OF A COIN The economy is ripping, with the stock market at record highs. The president's July 4th celebration was hailed as non-partisan. Jobs are being added at an impressive clip. (news.financializer.com). As reported in the news.

politicususa: PoliticusUSA is fiercely corporate-free political news and analysis, according to MSNBC. We have grown into being White House and Congressional credentialed journalists and are proud to have become a Reuters publishing partner. PoliticusUSA was founded in February of 2008 by Jason Easley. Our first responsibility is to the people. Easley is the founder /managing editor and Senior White House and Congressional correspondent for PoliticusUSA. span Jason spent four years as a political columnist and the politics editor at u00a0 span class fwb a target blank rel noopener nofollow data-ft where he covered such issues as the Iraq War, warrantless wiretapping, and the daily workings of the American legislative process. Is Celebrating Failure As Obama Created 1 Million More Jobs Is Celebrating Failure As Obama Created 1 Million More can't measure up to Obama in jobs as the former president created 1 million more jobs that Donald Trump over the same 29 month can't measure up to Obama in jobs as the former president created 1 million more jobs that Donald Trump over the same 29 month period. name Trump Is Celebrating Failure As Obama Created 1 Million More id u fetchstream 2 p class 5aj7 3-8j r n div class 4bl9 r n div class 3-8w r n div class text exposed root text exposed Mr. (news.financializer.com). As reported in the news.

cap: Knightsbridge Asset Management Llc who had been investing in Hca Healthcare Inc for a number of months, seems to be less bullish one the 47.42 billion market cap company, according to MSNBC. The stock increased 0.25% or 0.35 during the last trading session, reaching 138.53. The institutional investor held 72,201 shares of the health care company at the end of 2019Q1, valued at 9.41M, down from 106,434 at the end of the previous reported quarter. About 1.08 million shares traded. HCA has risen 21.03% since July 6, 2018 and is uptrending. HCA Healthcare, Inc. (news.financializer.com). As reported in the news.