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

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hunch: Police say it was the nervous behaviour of the driver in Broken Hill, which gave the game away, according to Nine News Australia. A hunch from local police has paid off- with a million dollars uncovered in a secret' compartment of a car's fuel tank. To improve your experience update it here News National 1m 'found in Landcruiser's secret compartment' in outback town By Sarah Swain9 13pm May 11, 2019Facebook Tweet MailA hunch from local police has paid off- with a million dollars allegedly uncovered in a secret' compartment of a vehicle's fuel tank. Nine It was early yesterday when local police pulled over a rental vehicle, a Toyota Landcruiser, and they smelled a rat. After decanting the fuel, it gave up its secret. On closer inspection the fuel tank had a false bottom. (news.financializer.com). As reported in the news.

masters: But as the cost of living continues to rise, many Aussie families are feeling financial pressure like never before, according to Nine News Australia. Work Strife Balance' airs tonight at 8.40pm on 60 Minutes, after the season finale of LEGO Masters Australia. To improve your experience update it here News World Aussies forced to work more than one job to make ends meet'By Sammi Taylor 60 Minutes Digital Producer8 18am May 12, 2019Facebook Tweet Mail The Australian dream has long been to live a middle-class life and have the financial stability to own a family home. For more on 60 Minutes, visit the official website. He finds despite record low unemployment rates, many workers are now being forced to take on second, and in some cases third jobs, just to make ends meet. The ends are just not meeting, the traditional equation is not working out, Mr McCrindle tells Nine Network Finance Editor Ross Greenwood. 9news Tonight on 60 Minutes, Nine Network Finance Editor Ross Greenwood examines the changing landscape of the Australian work force and what it means for our economy. (news.financializer.com). As reported in the news.

man: Thirty years on from the violent crushing of pro-democracy protests in Tiananmen Square, the man's identity remains unknown; it is by no means certain he is still alive, according to The Guardian. But the photograph that captured his solitary moment of dissent in June 1989 remains one of the most memorable images of the last century, known universally as Tank Man. The man's shoulders are rounded, almost passive in front of the four tanks whose gun barrels are raised as if in an ironic salute. Jeff Widener was not the only photographer to capture the scene, but it is his image listed as one of Time magazine's 100 most influential of all time that has become the most famous. I think I was lucky I was using such a fine-grained film. Every Tank Man photo has a different flavour. (news.financializer.com). As reported in the news.

viewings: These guys fly around the world in their jets and helicopters, says Heath, a senior agent at Italian estate agency Lionard, according to The Guardian. It makes sense to use them for viewings. It's not that unusual anymore, Heath says of hitching a ride on a billionaire's jet to the Italian Riviera last week to give the wealthy client a tour of some of the most luxurious and expensive homes. The problem was we still had to drive from Genoa to Portofino. The cheapest one they saw was on the market for 10m 8.4m . The client, a northern European entrepreneur who Heath declined to identity, is part of a growing influx of the global super-rich to Italy exploiting a little-known tax break that allows the world's millionaires to pay a flat tax of just 100,000 no matter how much money they earn. In one day, they viewed half a dozen luxury villas dotted along the Ligurian coast and castles on the hills surrounding Florence. (news.financializer.com). As reported in the news.

bonn opera: She told Deutsche Welle how the Bonn Opera Gala is bound to help, according to Deutsche Welle. The opera gala events in Berlin, D sseldorf and Bonn are major sources of income for the foundation. Kristel Degener, the new chairperson of the board, works to promote AIDS prevention and how the issue is presented to the public. Last year, the charity gala in Bonn alone netted a record 230,000 258,000 . What projects do you plan to support with the proceeds from this year's event in Bonn Kristel Degener What is special is that we support local projects in Bonn and North Rhine-Westphalia as well as an international project in Mozambique. On the international scene, we are very active in South Africa and Mozambique, and the Bonn Gala is raising money specifically for our project in Mozambique. The local focus is primarily on prevention work in schools, and a project for people from migrant families. (news.financializer.com). As reported in the news.

chinese leader: On Thursday, the key market gauge dropped 200.46 points. ; The Topix index of all first-section issues was down 1.29 points, or 0.08 percent, at 1,549.42, after losing 21.62 points the previous day, according to The Japan Times. From the outset of Friday's trading, investors moved to buy back shares battered in recent sell-offs. The 225-issue Nikkei average fell 57.21 points, or 0.27 percent, to end at 21,344.92 on the Tokyo Stock Exchange. Sentiment was brightened by media reports that U.S. President Donald Trump said he received a beautiful letter from Chinese President Xi Jinping and could have phone talks with the Chinese leader, brokers said, adding a rebound in Shanghai stocks also provided a buying incentive. The import duty was raised to 25 percent from 10 percent at 1 01 p.m. But both the Nikkei and Topix indexes sank into negative territory when a wave of selling by short-term players hit the futures market and pricey cash stocks at around the time the Trump administration carried out the tariff hike, brokers said. (news.financializer.com). As reported in the news.

college degree: Their formulas and those of other experts predict that the return of the S&P 500 SPX, 0.37% in the next 10 years will be far below the market's long-term averages, or even negative, based on today's relatively high valuations, according to Market Watch. But a decade is a long time. I've previously published the projections of such luminaries as famed investor Warren Buffett and Nobel laureate Robert Shiller. Given 10 years, you could produce an entire eight seasons of Game of Thrones or take on many other mammoth projects. In less than five years, you could earn a college degree or fill a small house with ankle-biters. Five years is a shorter period that's easier for us to comprehend. (news.financializer.com). As reported in the news.

beijing: The trade war between the world's two largest economies is escalating again, after the United States hit China with higher tariffs and Beijing pledged to retaliate, according to CNN. Tariff hike It's happening. (news.financializer.com). As reported in the news.

business content: Now, he's convening A-listers for bipartisan healing. - The Washington scaramucci valerie wp meta data.tags;delete delete clavis Auxs ; var clavis AuxNames ;var clavis Keywords ;var clavis Topics ;var Security Exclusion Business Content Interest of Small Business Content 2.6.15 ; and and - JPMC - Decisive Action ; - JPMC - Middle - JPMC - Rebuilding safety - clavis AuxNames.push ibm Amendment Amendment Content ; Issues Auxiliary kws ; American Conference Ambassador, x26 Diplomat Content ; Anti-Target Sonoma kws and Auxiliary positive Auxiliary kws ; Hotels Negative Keyword ; Hard Lemonade Negative and Subcultures ; and TWP undefined TWP;TWP. Data typeof TWP. Data undefined window.top! window.self - ca575670e91c - 20190510 - - Scaramucci was fired from the Trump White House after 11 days, according to MSNBC. Now, he u2019s convening A-listers for bipartisan healing. ; this.props.author Kevin Washington anthony scaramucci; valerie jarrett; mooch; trump; president; conference; politics; Scaramucci; kelly; people; time; jarrett; salt; capitalism; Trump; apartment; career; anthony; business; twitter; white; house; discussion; finance; entrepreneur; investor; and Subcultures; Race and Ethnicity; oil tape sexting sexual abuse sex abuse ISIS ISIL Islamic State Al kurdi refugee 11 september 11 behead United downloads illegal drugs hate speech offensive language street protest labor strike union strike labor issue union issue teacher strike teachers 00 00 EDT end 05/13/2019 23 59 00 00 EDT end 12/31/2019 23 59 00 00 EDT end 12/31/2019 23 59 00 00 EDT end 12/31/2019 23 59 19 00 EDT end 03/28/2019 18 59 00 00 EDT end 05/06/2019 23 59 . NOADS 1 EU 1 b ; ;/ ;var new new x3d78145 ; x3df9316 ; x3db1774 ; x3d26a28 ; x3d48057 ; init var . isub d b ; ;/ ;var wapo sub 3 1 true false;var ;TWP. Data TWP. Data response Json call Ad return new iu new xhr new new doc.write ' x3cbody tOther beacon Data true window ; Now, he's convening A-listers for bipartisan healing. description The Mooch, as he became known, hosted officials from the Obama and Trump administrations this week in Las Vegas, including the former chief of staff who axed him. has Part css Selector .paywall is Part Of type Creative Work Product name The Washington Post productID publisher name The Washington Post logo type Image Object Anthony Scaramucci was fired from the Trump White House after 11 days. (news.financializer.com). As reported in the news.

business owners: As we reported here, shocked and confused business owners who have had only a month to grapple with the massive implications of the rule change attended an emergency roundtable meeting in Brisbane on Thursday. adsbygoogle window.adsbygoogle .push ;The Clean Energy Council, which hosted the meeting, again called for a deferment of the rule change, which it said had been rushed through without proper consultation or proper justification, according to Australian Broadcasting Corporation. In comments to Renew Economy after the meeting, the CEC's director of energy generation, Anna Freeman, said local industry was in a state of shock and confusion about what would happen to their existing staff and projects, in a matter of days. The rule change, due to come into play on Monday, will require licensed electrical workers only to perform basic installation tasks on solar projects of 100kW and over, including lifting, mounting and fixing PV panels. But local governments are also up in arms, it would seem, with the Darling Downs and South West Queensland Council of Mayors calling on the state government to defer the changes and review the regulations not just in consultation with industry, but with councils of affected communities, too. Solar projects will form a major platform for future jobs growth in these regional and remote centres and this amendment will take away jobs and could jeopardise the viability of projects. The proposed changes would force the solar farm industry to, in many cases, bring in electricians from outside the area to undertake manual and mechanical tasks associated with erecting solar panels, said Paul Antonio, who is the Mayor of Toowoomba, and chair of the DDSWQC. With limited numbers of licenced electricians in rural communities, these changes have the potential to rob local workers of manual labour jobs, increase costs of construction as well as causing potential delays in project completion, he told local paper Queensland Country Life on Wednesday. (news.financializer.com). As reported in the news.

contractors association: The event provides an exchange platform for the international infrastructure sector, and promotes Macao's role as a platform of commercial and trade cooperation service between China and Portuguese-speaking countries, organizers said, according to Global Times China. It would also allow Macao to give full play to its institutional, geographic and cultural strengths, while enhancing its competitiveness and participation in infrastructure collaboration with the countries and regions participating in the Belt and Road Initiative. The two-day event, starting on May 30, is jointly organized by the China International Contractors Association and the Macao Trade and Investment Promotion Institute. The Belt and Road Infrastructure Development Index 2019 and the Annual Report on the Belt and Road Construction 2019 will be released. Various thematic forums, parallel forums and penal sessions will be held during the event. (news.financializer.com). As reported in the news.

utah: The forum will focus on how to further tap potentials for future cooperation between China and Utah, according to Global Times China. Delegates from China's Liaoning, Jiangxi, Jiangsu and Guangdong provinces will join the forum to seek closer local cooperation with Utah, said Zhao Zhenge, General Representative of China Council for the Promotion of International Trade CCPIT in the United States, at a reception on Thursday. The Utah-China Trade and Investment Forum, the first of its kind, will draw some 200 participants from both countries in such areas as energy, investment, tourism, culture, agriculture, food and information industry. Zhao told Xinhua that Utah, which has been left behind other American states over the past years, has great interest in expanding trade and investment cooperation with China. Utah expects to learn and understand China better, and hopes to see friendship and progress made, said Gregory Hughes, former member of the Utah House of Representatives. The forum will help increase Utah's influence and popularity in China, and help Chinese business community to know more about the western US state, he added. (news.financializer.com). As reported in the news.

housing equipment: Their request, made in March, was withdrawn because both Ushioda and Yamanashi announced in April their intention to quit the board of the maker of housing equipment, according to The Japan Times. In a statement, the four investors said the departures from the board would not fully resolve the corporate governance problem at Lixil Group. In the request the four investors, including U.K.-based Marathon Asset Management, questioned the leadership appointments announced in autumn last year in which Kinya Seto was dismissed as chief executive officer and Ushioda replaced him. ; The four had sought the dismissal of Ushioda and Chief Operating Officer Hirokazu Yamanashi, who took over the post of president from Seto last month. It is necessary to elect a new management team without being pressured or influenced inappropriately, the statement said, requesting that the influence of founding family member Ushioda, in particular, be cut off. As a shareholder, he will submit a list of director nominees who support him, at a regular shareholders meeting in June. Seto, who still sits on the board, aims to return to the company's top leadership. (news.financializer.com). As reported in the news.

investor demand: The pricing of this bond is the latest milestone for AIIB, now only in its fourth year of operation, the bank said, according to Global Times China. Meanwhile, Standard & Poor's, Moody's and Fitch all have triple A ratings on the inaugural bond. The five-year bond raised 2.5 billion US dollars and will drive AIIB's priorities of investing in sustainable infrastructure, developing cross border connectivity and promoting environmental, social and governance ESG investing in Emerging Asia. Thierry de Longuemar, AIIB's chief financial officer, hailed the pricing of the bond as a landmark transaction for the market, adding that the bond is reflective of investor demand globally for high-quality sustainable investments. The growing institutional demand for fiscally sustainable, revenue positive projects and support for AIIB's unique operating model is evidenced by the almost 8 billion US dollars of financings already approved by the Bank, said AIIB President Jin Liqun. We were delighted to see demand from such a diversified group of investors in the book and look forward to showing our global investor base the positive contribution that this capital will have in Asia and beyond, de Longuemar said. (news.financializer.com). As reported in the news.

momentum indicators: The bitcoin BTCUSD, 8.23% rally is nearing 100% off its December 2018 low at 3,200, and year-to-date the cryptocurrency has added 70%. So what's behind the rally bitcoin Here are four potential answers Technically driven One thing the bitcoin rally has done is bust through some closely watched technical levels, according to Market Watch. Whether it's the resistance at 4,000, the psychological 5,000 mark or some key momentum indicators, the technical outlook has flipped from lower highs to higher lows. The digital currency on Thursday booked its eighth winning session in the past 10 and is on track to log four successive winning months this after recording six losing months in a row, an unflattering record it had never previously achieved. Bitcoin's long-term technical profiles continue to point to a new up cycle, wrote chart watcher Rob Sluymer of Fundstrat Global Advisors. However, rather than sell or attempt to micromanage bitcoin exposure, we would strongly encourage investors to remain focused on the longer-term bottoming profile developing, he said. With bitcoin now back to a resistance band near 6,000, similar to where it was in Q2 2015, a pullback would not be surprising. (news.financializer.com). As reported in the news.

facebook: The videos were uncovered by an anonymous whistleblower who filed a complaint with a US regulator, accusing Facebook of misleading investors on its efforts to clean up the platform, according to Nine News Australia. A five-month study of more than 3000 accounts found Facebook's artificial intelligence algorithms were creating memories' and video celebrations for active users, including accounts of extremist organisations such as al-Qaeda, white supremacist groups, and self-identified Nazis. To improve your experience update it here News World Facebook accused of auto-generating terrorist propaganda, creating page for al-Qaeda By Fatima Olumee4 31pm May 10, network Facebook has been accused of automatically generating celebratory jihadist videos and promoting terrorist business pages. Facebook has been accused of automatically generating celebratory jihadist videos. Islamic State and al-Qaeda terrorists are also openly networking on Facebook's website, according to the whistleblower's research. Supplied A business page generated by Facebook for al-Qaeda received over 4400 likes and provided the group with valuable data to use when recruiting new followers, according to the complaint. (news.financializer.com). As reported in the news.

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tax: Core Logic head of research Tim Lawless says there is uncertainty about the impact of Labor's planned changes to negative gearing and the capital gains tax concession on the housing market, should it win the election, according to Nine News Australia. This really is a wildcard because nobody really knows what the outcome of changing these policies is going to be, he told AAP, noting the stage of the housing market cycle usually had a bigger impact than a federal election. To improve your experience update it here News National Election a wildcard for housing market By AAP8 13am May 11, 2019Facebook Tweet Mail The outcome of the federal election could be a wildcard for the housing market amid signs the worst of the downturn in prices may be over, an analyst says. If we do see these policies being passed through the Senate, arguably we will see a bit of a dampening effect on investment in the housing market. AMP Capital senior economist Diana Mousina said a Labor victory could lead to a short-term bounce in housing demand and boost to prices as investors take advantage of current concessions before the changes in 2020. Mr Lawless said a key issue would be whether there was a commensurate lift in owner occupier activity, which was probably a greater unknown given the tighter credit conditions. (news.financializer.com). As reported in the news.

iron maiden: Guns N' Roses sue brewery over Guns 'N' Ros beer Read more Hipgnosis Song Fund, founded by Merck Mercuriadis, the former manager of acts including Elton John, GunsN' Roses, Iron Maiden and Beyonc will make money from the income generated by Stewart's copyright interest in the Eurythmics catalogue, according to The Guardian. The deal does not include Lennox's interest in the catalogue. Stewart and his fellow Eurythmics founder Annie Lennox have produced global hits including Sweet Dreams Are Made of This Would I Lie to You and There Must be an Angel Playing with My Heart and have sold more than 100m albums worldwide. The work Dave and Annie did together as Eurythmics defines the 1980s and 1990s but still remains timeless today, said Mercuriadis. Stewart co-wrote and produced every Eurythmics album, including eight top five and three No 1 albums in the UK. His overall catalogue comprises 1,068 songs and includes income from his share of writer, artist and producer copyright interest in songs. I'm not generally one for puns but sweet dreams are literally made of this. (news.financializer.com). As reported in the news.

opening price: Early trading data from Wall Street showed its shares were quickly changing hands at below the opening price in early trading, dipping about 7% to about 42 against the backdrop of a stock market suffering its fifth consecutive daily decline amid trade war fears, according to The Guardian. By the end of its first day of trading, Uber shares had dropped to 41.57, down 7.6% on its opening price, with a market cap of 69.7bn. Uber put a price of 45 on its shares valuing the company at 80bn 61.4bn well below the 100bn it had once hoped to achieve amid jitters among investors at the lacklustre performance of shares in rival Lyft since its recent float. The stock continued to drop in after-hours trading. The company's chief executive, Dara Khosrowshahi, was on stage for the traditional ceremony of ringing Wall Street's famed opening bell. Despite its limp start to life as a public company, the 8.1bn that Uber raised means its stock market debut was still one of the largest in US history and the most closely-watched in the tech world since Facebook hit the market in 2012. (news.financializer.com). As reported in the news.

organization umno: Najib is facing charges but denies any wrongdoing, according to The Japan Times. Meanwhile, deep divisions within the ruling coalition have curbed efforts to boost government revenue, attract investment or create jobs. But polls show that such optimism has been steadily eroded since the election upset, in which the United Malays National Organization UMNO was removed from power for the first time in 60 years and replaced by Mahathir and the patchwork Pakatan Harapan coalition. ; Mahathir, who inherited a debt-laden economy, has focused much of his administration's attention on cleaning up public finances following a multibillion-dollar corruption scandal involving state fund 1MDB and former Prime Minister Najib Razak. Support for the government fell to just 39 percent in March, sharply down from the 66 percent rating in August 2018, according to a survey by independent pollster Merdeka Center. Worryingly for Mahathir, Merdeka Center said Malay Muslims, who make up around 60 percent of Malaysia's 32 million people, were largely more critical of his administration. Mahathir also saw his popularity plunge to 46 percent from 71 percent over the same period, although he says he doesn't put much faith in these numbers. (news.financializer.com). As reported in the news.

retirement system: Rob Maxwell, a spokesman for the retirement system, said the system's Investment Management Division, now at 816 Congress Ave., will occupy the new space, according to The Independent. That division had about 174 employees. The high-rise is under construction on West Sixth Street, between Colorado and Lavaca streets. Across TRS, the full-time headcount is 694 people. On a cost per person basis, the new space will be comparable to the current space investments staff occupy. In the next few years, TRS will outgrow its current space which it has occupied since 2009, Maxwell said in an email to the American-Statesman. (news.financializer.com). As reported in the news.

retirement: Jonathan Burton INVESTING NEWS & TRENDS What to tell a new graduate about investing in stocks Success with money and investments requires humility, self-awareness, and a few good friends, writes Vitaliy Katsenelson, according to Market Watch. What to tell a new graduate about investing in stocks This one investment move can give you lifetime yearly income in retirement A simple annuity is a good way to keep from running out of money, writes Michael Edesess. Plus, read about the guaranteed income of a simple annuity, why investors should welcome higher interest rates, and how to reduce exchange-traded funds' fees and taxes. This one investment move can give you lifetime yearly income in retirement Investors needing retirement income should hope for higher interest rates Retirees and other income seekers get little help from low interest rates, writes Mark Hulbert. How Warren Buffett's longtime business partner enlightened the Oracle of Omaha Apple, Microsoft, Amazon propel world's biggest sovereign-wealth fund to record quarter Powerful returns for the U.S.'s biggest tech stocks Apple Inc., Microsoft Inc., and Amazon Inc. played a huge role in driving the world's biggest wealth fund to its best-ever quarterly return. Investors needing retirement income should hope for higher interest rates A frothy stock market That's just fake news What long-term sentiment indicators are telling us about the stock market.A frothy stock market That's just fake news How Warren Buffett's longtime business partner enlightened the Oracle of Omaha Get to know Charlie Munger if you want to understand Berkshire Hathaway, writes Vitaliy Katsenelson. (news.financializer.com). As reported in the news.

states china: Andrew Harnik Facebook Twitter SMS Email Print Save Trade talks between China and the U.S. continue Friday in Washington despite new tariffs the U.S. imposed on 200 billion in Chinese imports and Beijing's vow to retaliate, according to The Independent. Facebook Twitter SMS Email Print Save The Trump administration raised duties on 200 billion of Chinese imports to 25% from 10% early Friday. Evan Vucci Facebook Twitter SMS Email Print Save Chinese Vice Premier Liu He, center, waves to members of the media as he arrives at the Office of the United States Trade Representative in Washington, Friday, May 10, 2019 for trade talks between the United States and China. China's Commerce Ministry said it would impose necessary countermeasures but gave no details. Facebook Twitter SMS Email Print Save if 0 document.write ' ' ; (news.financializer.com). As reported in the news.

york times: Team Trump, it was suggested, was interested in finding dirt on two things the chain of events leading to special counsel Robert Mueller's collusion inquiry, and the alleged role of presidential rival Joe Biden in supposedly stopping an investigation into a gas company where his son worked, 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. Mr Guiliani's trip, first reported in The New York Times on Thursday, has been described as an attempt to pressure Ukraine into investigations to help Mr Trump's re-election campaign. You can form your own view. Subscribe now The former New York mayor said he hoped to meet with a number of leading Ukrainian politicians including Mr Zelensky, elected in a landslide election last month, and Ukraine's controversial top prosecutor, Yuriy Lutsenko. 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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