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

son: They were telling me like, 'No, you cannot stay here' and, 'Leave the chamber immediately with your baby.' Those words really shocked me, Ogata said, according to CNN. One councilman even began shouting at her. Instead, she set off a confrontation. Ogata was eventually forced to leave and only allowed to return after she had left her son with a friend. Tammy Duckworth and New Zealand Prime Minister Jacinda Ardern, have been celebrated for bringing their babies into the halls of power, Ogata's experience, in 2017, highlights Japan's struggle with mothers in the workplace. While globally other politicians, such as US Sen. (news.financializer.com). As reported in the news.

photo: Tati Westbrook and James Charles, according to MSNBC. Everybody's got a receipt, even if nobody knows .photo-1x1-1x1 height 0; padding-bottom 100%; .photo-1x1-1x1 height 0; padding-bottom 100%; .photo-1x1-1x1 height 0; padding-bottom 100%; .photo-1x1-1x1 height 0; padding-bottom 100%; .photo-1x1-1x1 height 0; padding-bottom 100%; .photo-1x1-1x1 height 0; padding-bottom 100%; .photo-1x1-1x1 height 0; padding-bottom 100%; .photo-1x1-1x1 height 0; padding-bottom 100%; Lisa Vanderpump. (news.financializer.com). As reported in the news.

priority: We want the cleanest air, according to CNN. We want crystal clean water and that's what we're doing and that's what we're working on so hard. From day one my administration has made it a top priority to ensure that America is among the very cleanest air and cleanest water on the planet, Trump said in the East Room. During his speech, Trump held up his decision to remove the United States from the Paris Climate Agreement, the cleanup of some polluted sites around the country and the opening of some public lands for hunters as examples of positive moves made by his administration. Trump also took time to criticize the Democrat-led Green New Deal, which is a vast legislative plan aimed at fighting climate change and would remake substantial parts of the American economy. He also repeatedly emphasized the role a strong economy plays in environmental protections. (news.financializer.com). As reported in the news.

tillerson: Trump's secretary of state at the time, Rex Tillerson, was left in the dark, according to The Guardian. Tillerson only learned of the meeting two months ago, when he was interviewed for seven hours in a closed-door session with lawyers and staffers working for the House foreign affairs committee. The pair learned of a plan by the two American allies to impose a blockade on another US ally, Qatar, according to congressional staffers. Tillerson's testimony, which was made public last week, highlighted the inner workings of the Trump administration and revealed the extent to which Kushner and to a lesser degree, Bannon, who left the administration in August 2017 were conducting a shadow foreign policy. The state department's views were never expressed. When asked how he felt about being left out of such vital meetings as America's top diplomat, Tillerson told the committee It makes me angry I didn't have a say. (news.financializer.com). As reported in the news.

winnings: Gambling has always been a vice for people with either enough disposable income that only the winning counts or for those drawn in by the promise of quick financial gain, according to The Guardian. But there is something sinister about FOBTs, in that they have increased access to quick winnings or losses on the high street, creating an environment more like a miniature casino. I've seen it happen during my 12 years as a bookmaker branch manager. More training time was given to the launch of a new FOBT product than to social responsibility awareness Now bookmakers blame stricter regulation of FOBTs for the anticipated closure of about a quarter of betting shops. Take a walk down your local high street and you may well find multiple outlets of the same company not far from each other often the shop has a surface area much larger than is needed for its customer base. In my experience, the machines account for about 50% of the profit in a typical branch of a high-street bookmaker, and in some cases much more. (news.financializer.com). As reported in the news.

aiib model: The number of members has increased from the initial 57 to 97, according to Global Times China. Based on high standards in investment and operations, the bank has received a 3A rating from three of the most authoritative credit rating companies. Moving forward, the successful AIIB model can offer a useful reference to augment the China-proposed Belt and Road Initiative BRI . Since it was established in 2015, the AIIB has surpassed expectations in growth and has several achievements. In only three and a half years, the AIIB has approved nearly 40 projects in 16 countries with an accumulated investment of 8 billion. These investments have made significant contributions to connectivity and development in Asia. To date, India has been the largest beneficiary. (news.financializer.com). As reported in the news.

dow djia: Despite Friday's pullback in stock prices on the better-than-expected payrolls data, the blue-chip Dow DJIA, -0.43% ended the week up 1.2%, the S&P 500 index SPX, -0.48% was up 1.7%, and the Nasdaq Composite index COMP, -0.78% rose 1.9%, leaving all three benchmarks within striking distance of all-time highs, according to Market Watch. The jobs report is reassuring investors that the domestic economy is solid, Alec Young, managing director of global markets research at FTSE Russell, told Market Watch. The U.S. labor market saw the best jobs growth of the year in June, but markets are still seeing a 100% probability of an interest-rate cut at the Federal Reserve's next meeting, set for July 30-31, and these hopes are helping to drive stocks to record highs. Nevertheless, he still expects the Fed to cut interest rates as insurance, in case data on the U.S. economy start to take a serious turn for the worse. To find any justification for this cut, you have to look globally, Young added, arguing that slowing global economic growth, combined with unconventional monetary policy in Europe and Japan, have caused global investors to flock to U.S. government bonds, with the U.S. 10-year Treasury TMUBMUSD10Y, 0.20% since May yielding less than the target federal funds rate of between 2.25% and 2.5%. Labor-market data tend to be a lagging indicator, while more forward-looking data still suggest U.S. economic growth is weakening as Trump's approach to trade policy undermines business confidence and spending globally. U.S. payrolls increased by 224,000 in June, according to the monthly Department of Labor report released on Friday, recovering from May's weak result of 72,000 jobs created, but employment growth in 2019 has averaged 172,000 jobs per month, well below 2018's average of 223,000 per month, suggesting U.S. economic growth may be at least reverting to the mean after last year's boost after the Trump tax overhaul in late 2017. (news.financializer.com). As reported in the news.

elysee palace: REUTERS/Regis Duvignau/Pool/File Photo Executives attending an annual economic conference in Aix-en-Provence were more than happy to cut Macron slack for the setbacks the 41-year-old's pro-business overhaul of the country has faced, according to The Independent. Macron made some mistakes but he realised it and took measures to fix them, a senior French banker told Reuters at the conference bringing together France's corporate elite in the southern college town for a weekend of lofty debates about the state of the world. French President Emmanuel Macron at the Elysee Palace in Paris, France, July 5, 2019. The situation isn't as bad as some think. Two years into his presidency, Macron's reform agenda has taken a backseat after several months spent rebuilding political capital and trying to quell anti-government yellow vest protests. He's done more in two years than other presidents did in five or 10 years, the banker added. (news.financializer.com). As reported in the news.

financing model: 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 Independent. 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.

golf club: Fed policy is putting the U.S. at a disadvantage versus Europe and suppressing gains in the stock market, Trump said. ; Sunday's comments came after Trump said on Friday that the central bank doesn't have a clue and was our most difficult problem, according to The Japan Times. The fresh criticism is consistent with ideas that the president is laying the groundwork to replace Powell when the chairman's term is up in 2022, assuming Trump is re-elected, or will attempt to do so earlier if the Fed doesn't bend quickly enough to his will. If the Fed knew what it was doing it would cut rates, Trump told reporters before he boarded Air Force One in Morristown, New Jersey, to return to Washington after a weekend at his nearby golf club. Our most difficult problem is not our competitors, it is the Federal Reserve, Trump said in a Twitter post late Friday. Trump has repeatedly accused Powell of not doing enough to bolster the economy. The Fed had raised rates too soon, too often and doesn't have a clue, he said. (news.financializer.com). As reported in the news.

malaysia thailand: Shipments from Vietnam to the US surged nearly 40 percent year-on-year in the first four months of 2019, while imports from China over the same period fell 13 percent, according to the Financial Times on June 28, according to Global Times China. Separately, Japanese investment bank Nomura said in a June report that Vietnam is the largest beneficiary of the China-US trade war gaining new business worth 7.9 percent of its GDP. In 2018, Vietnam's GDP was an estimated 241.3 billion with a population of 95 million, according to the IMF. ASEAN manufacturing centers such as Vietnam, Malaysia and Thailand are likely to benefit from some diversion of export orders as well as stronger foreign direct investment flows over the medium term as multinationals diversify their global supply chains away from China, said an economic study by IHS Markit. Photo VCG Vietnam is seizing an unprecedented opportunity arising from a wave of production and export orders as the trade row between China and the US diverts business to the Southeast Asian country, but looming concerns persist, entrepreneurs and experts told the Global Times. There has been a spike in demand for production in Vietnam. His company works with plants in manufacturing hubs in China to produce apparel, accessories, bedding and injection molds. From our own records, it seems production requests outside of China have grown by over 30 percent, said Nathan Resnick, CEO of US business-to-business sourcing company Sourcify. (news.financializer.com). As reported in the news.

media information: Taking a snapshot of the anxiety felt by young people today and concluding that a whole generation is at risk because of social media ignores more noteworthy social changes.' Keith Hampton, professor of media and information at Michigan State University Taking a snapshot of the anxiety felt by young people today and concluding that a whole generation is at risk because of social media ignores more noteworthy social changes, such as the lingering effects of the Great Recession, the rise in single-child families, older and more protective parents, more kids going to college and rising student debt, he said, according to Market Watch. In a study published in the peer-reviewed Journal of Computer Mediated-Communication, Hampton analyzed 2015/2016 data from 13,000 adult relationships in the Panel Study of Income Dynamics, which is widely regarded as the world's longest-running household survey. Social-media sites like Facebook FB, -0.33% which has 2.38 billion users worldwide, Instagram, Snapchat SNAP, -0.59% and Twitter TWTR, 0.55% make it easier to maintain relationships, access health information, improve mental health and even avoid serious psychological distress, according to a new study by Keith Hampton, professor of media and information at Michigan State University. That survey includes a series of questions about social-media platforms and psychological distress. Social-media users are 63% less likely to experience serious psychological distress, Hampton said. What Hampton found runs contrary to a raft of studies that have suggested a relationship between social media and isolation and depression. (news.financializer.com). As reported in the news.

cent: But despite Mr Johnson's popularity among Tory faithful, an exclusive poll for The Independent of the general public revealed that 37 per cent would opt for neither of them while 13 per cent did not know, according to The Independent. 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. Conservative members are widely expected to elect Mr Johnson as their next leader in the upcoming ballot, leaving Mr Hunt scrambling to make up ground before the contest's 22 July deadline. You can form your own view. Subscribe now Voters narrowly preferred Mr Johnson 28 per cent to his rival, Mr Hunt, 22 per cent but half of the 1,532 people polled by BMG Research did not choose either. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

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cooperation: Calling China and Bangladesh traditionally friendly neighbors, Xi said that consolidating and developing well the strategic partnership of cooperation between China and Bangladesh is not only in line with common interests of the two countries and two peoples, but also conducive to the prosperity and stability in Asia as well as the opening and cooperation of the world, according to Xinhua China. The two countries established strategic partnership of cooperation in 2016 during Xi's state visit to Bangladesh. Xinhua/Pang Xinglei Chinese President Xi Jinping on Friday met with Bangladeshi Prime Minister Sheikh Hasina at the Diaoyutai State Guesthouse in Beijing. The elevation of bilateral ties has helped promote cooperation between the two countries to a new phase of fast development, inject impetus into the economic and social development in both countries, and bring more benefits to both peoples, said Xi. The two countries need to give full play to the role of political guidance of high-level exchanges, maintain exchanges between the two governments, legislatures and political parties, Xi said. He called on both countries to carry forward the traditional friendship and jointly promote cooperative and common development of two countries. (news.financializer.com). As reported in the news.

defeat: The official handover of power will take place on Monday, according to The Guardian. With 91% of the vote counted, the country's interior ministry said the conservatives had gained 39.7% compared with 31.5% for Syriza. As the outcome of Sunday's general election became clear, the prime minister, Alexis Tsipras, conceded defeat, calling Mitsotakis to congratulate him on his victory. In his first address as the country's new leader, the 51-year-old Harvard-educated former banker said he welcomed the result with a sense of modesty and respect seeing it as a victory for all, irrespective of political persuasion. It wants growth, work, security and for Greece to become, as it deserves, strong again. Society wants us to move forward united, he said as euphoric supporters gathered outside New Democracy's headquarters. (news.financializer.com). As reported in the news.

europe: Europe The United States and Europe could both soon turn on the stimulus taps, according to CNN. The events of the past week have bolstered the case in Europe, but undermined it in the United States. America vs. (news.financializer.com). As reported in the news.

restructuring sunday: While the bulk of the 18,000 job losses is widely expected to fall in Europe and the United States, on Monday the cuts also hit offices from Sydney to Hong Kong, according to The Japan Times. Deutsche Bank gave no geographic breakdown for the job cuts when it announced the plan Sunday. The German bank launched the restructuring Sunday in Europe, outlining a plan that will ultimately cost 7.4 billion 8.31 billion and see it dramatically scale back its investment bank a major retreat after years of working to compete as a major force on Wall Street. ; As part of the overhaul, the bank will scrap its global equities business and cut some of its fixed income operations an area traditionally regarded as one of its strengths. Bankers in Sydney seen leaving the lender's offices Monday confirmed they worked for Deutsche Bank and were being laid off but declined to give their names as they were due to return later to sign redundancy packages. Deutsche had some 4,700 staff in Sydney, Tokyo, Hong Kong and Singapore, according to fact sheets on its website. One source with knowledge of the bank's operations in Australia said its four-strong equity capital markets team was being let go, but that most of its mergers and acquisitions M&A team would not be immediately affected. (news.financializer.com). As reported in the news.

tempe cops: In response, the Tempe Officers Association submitted the following via Twitter on July 5 Don't appreciate Starbucks asking our Tempe cops to leave your establishment on the 4thofjuly2019, according to Market Watch. Several of those cops are veterans who fought for this country! Zero Respect Don't appreciate Starbucks asking our Tempe cops to leave your establishment on the 4thofjuly2019. Six police officers on the Fourth of July were urged to vacate a Starbucks on Scottsdale Road in Tempe by an employee because a customer did not feel safe, according to several news outlets and an account by the local police association. Several of those cops are veterans who fought for this country! Zero Respect Tempe Officers Association Toa Az July 5, 2019 In a series of subsequent tweets, the association complained that a Starbucks employee had asked the officers to move out of the customer's line of sight or to leave, and explained the incident thusly 1/4 A statement from the TOA on The July 4th incident and Starbucks' treatment of police officers Yesterday, on Independence Day, six Tempe police officers stopped by the Starbucks at Scottsdale Road and McKellips for coffee. They were approached by a barista, who knew one of the officers by name, because he is a regular at that location. The officers paid for their drinks... Tempe Officers Association Toa Az July 6, 2019 2/4 and stood together having a cup of coffee before their long 4th of July shift. (news.financializer.com). As reported in the news.

trade zone: The eyes of the world are turned to Africa, Egyptian President and African Union Chairman Abdel Fattah al-Sissi said at the summit's opening ceremony, according to The Japan Times. AfCFTA will reinforce our negotiating position on the international stage. After four years of talks, an agreement to form a 55-nation trade bloc was reached in March, paving the way for Sunday's African Union summit in Niger where attendees will unveil which nation will host the trade zone's headquarters, when trading will start and discuss how exactly it will work. ; It is hoped that the African Continental Free Trade Area AfCFTA the largest since the creation of the World Trade Organization in 1994 will help unlock Africa's long-stymied economic potential by boosting intra-regional trade, strengthening supply chains and spreading expertise. It will represent an important step. Economists say significant challenges remain, including poor road and rail links, large areas of unrest, excessive border bureaucracy and petty corruption that have held back growth and integration. Africa has much catching up to do its intra-regional trade accounted for just 17 percent of exports in 2017 versus 59 percent in Asia and 69 percent in Europe, and Africa has missed out on the economic booms that other trade blocs have experienced in recent decades. (news.financializer.com). As reported in the news.

wednesday bank: Finance Ministry to release preliminary balance of payments statistics for May amid shrinking exports affected by China's slowing economic growth, according to The Japan Times. Japan has had a current account surplus for 58 months straight. April data showed an increase for three months running in the orders, seen as a leading indicator of capital expenditure. Cabinet Office to release monthly economy watchers survey for June. Wednesday Bank of Japan to release preliminary corporate goods price index for June. Tuesday ; Princess Mako, eldest daughter of Crown Prince Akishino and Crown Princess Kiko, to visit Peru and Bolivia through July 22. (news.financializer.com). As reported in the news.

xing: This year marks the 70th anniversary of the establishment of the diplomatic relations between China and Mongolia, according to Global Times China. Chinese Vice President Wang Qishan will pay a friendly visit to Mongolia on Wednesday. The two countries are good neighbors, good friends and good partners linked by mountains and rivers. In an exclusive interview the Global Times' reporter Zhang Dan GT in Ulan Bator, Chinese Ambassador to Mongolia Xing Haiming Xing tackled topics of the bilateral relations and Mongolia's attitude toward Belt and Road initiative BRI . What have the diplomatic ties over the past 70 years have achieved and what is the future course they are likely to take Xing Mongolia has established diplomatic relations with China since the founding of the People's Republic of China in October 1949 as one of the first 10 countries that established ties with China at that time. In 1994, the two countries revised the Treaty on Friendly Relations and Cooperation between China and Mongolia, which laid the political and legal foundation for the healthy and stable development of the bilateral relations. Even though the two countries have experienced some setbacks since then, good-neighborliness and friendliness have marked ties. (news.financializer.com). As reported in the news.

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.