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

american-made: A decade on, and the English-speaking world remains dominated by American-made music, films and television, according to CNN. But there's been a noticeable shift a steady rise in the influence of South Korean and Japanese pop culture exports. Around the world, people flocked to see futuristic sci-fi flick Avatar, and tuned in to watch fun-loving housemates get wild on reality television show Jersey Shore. In 2019, Japanese consultant Marie Kondo taught us how to declutter our lives in her Netflix hit Tidying Up with Marie Kondo. And Parasite became the first South Korean film to win a Palme d'Or -- and then the film's director Bong Joon-ho appeared on The Tonight Show Starring Jimmy Fallon speaking mainly in Korean. South Korean pop groups BTS and Blackpink showed us big-budget, action-packed music videos -- and smashed You Tube records in the process. (news.financializer.com). As reported in the news.

film adaptation: I'm not patient by nature, according to CNN. But with nearly 40 years of effort, I'm learning to not let it get the better of me. March Marmee says, wearily, in Greta Gerwig's Little Women, a 2019 film adaptation of Louisa May Alcott's beloved 1868 novel of the same name about a quartet of New England sisters. (news.financializer.com). As reported in the news.

framework mff: EU institutions are currently hammering out the details of the bloc's long-term budget, known as the multiannual financial framework MFF . The UK's withdrawal will leave a large hole to plug, according to The Guardian. Senior EU officials have described the negotiations over the commission's proposed 1,135bn 970bn in spending commitments as the most difficult ever undertaken. Jacques Vandenschrik, the president of the European Food Banks Federation, said the EU executive's proposed spending plans for the next seven years posed a risk not only to the most vulnerable but to the stability of wider society. The current budget ending in 2020 contained a 3.8bn fund for European aid to the most deprived FEAD to help EU member states provide people with food and basic supplies such as clothing, shoes, soap and shampoo. The commission has said it hopes member states will allocate twice that minimum amount but there would not be any obligation. Under the proposed 2021-27 budget there would be no such dedicated fund but member states would be asked to devote a minimum of 2bn in total to food and basic material assistance. (news.financializer.com). As reported in the news.

i hope: As we wind down 2019, I wanted to share with you my annual list of favourites that made the last year a little brighter, Obama said in a post on Twitter, according to The Independent. THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - START THIS WAS ORIGINALLY IN THE FOOTER EJS FILE THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - END Download the new Indpendent Premium app Sharing the full story, not just the headlines Download now We'll start with books today movies and music coming soon. The former US president's list ranges from books on history, economics, fiction and autobiographies. I hope you enjoy these as much as I did. They're the fabric that helps make up a life. Obama is known for being a voracious reader, and in a longer post on Instagram noted how his annual lists had become a fun little tradition . Because while each of us has plenty that keeps us busy - work and family life, social and volunteer commitments outlets like literature and art can enhance our day-to-day experiences, he wrote. (news.financializer.com). As reported in the news.

home prices: A new report from Realtor identified the housing markets that are expected to see the most notable home sales and price growth in 2020, according to Market Watch. Boise ranked No. 1, a marked increase from No. 8 a year ago. Boise, Idaho, is poised to be the hottest housing market at the start of the next decade. Driving Boise's climb up the Realtor ranking is the massive influx of new residents from pricier parts of the country in particular, California. A recent report from the Federal Housing Finance Agency showed that home prices in the Idaho state capital have risen 11.1% over the last year. Many of these out-of-state buyers are drawn by the city's mild climate, outdoor lifestyle, strong schools and its major employers, including HP HPQ, -0.19% and Micron Technologies MU, -1.52%. Boise's already seen a boom in terms of housing. (news.financializer.com). As reported in the news.

party npp: Modi was elected as the 14th Prime Minister of India after winning India's general election over the NCP of India in 2014, and was re-elected in 2019, according to Global Times China. After taking office, Modi showed some remarkable political characteristics. Modi's strategy mainly focuses on striving for practical interests on all fronts for India and expanding markets for Make in India, which is posing impacts on China's Belt and Road Initiative BRI and competition with Made in China. His absence at the 2017 Belt and Road Forum in Beijing unexpectedly aroused discussions and concerns among various media outlets around the world. Because the Modi-led National People's Party NPP has carried out several major reforms, which strengthened the construction of the party's social grassroots organizations, and won considerable success and support in Indian society, it can be expected that the NCP would not pose a major challenge for Modi for a long time. Modi showed great interest in China's economic development model by proposing a large-scale infrastructure plan, aiming to change the old and backward situation of India's infrastructure and stimulate the country's economic growth. (news.financializer.com). As reported in the news.

return money: Sources close to Wang told the Global Times that he cheated his former boss surnamed Lu out of more than 2 million yuan 285,885 in 2016, according to Global Times China. As Wang had written a letter of request for understanding and guarantee letter and promised to return the money, Lu did not report the fraud case to police. Player option ; Wang Liqiang, the self-proclaimed Chinese spy who defected to Australia, seems to have become an abandoned card after being used by Western media, yet some politicians on the island of Taiwan have ignored the facts and are mixing up black and white and using him as an anti-mainland chip. Lu told the Global Times in an exclusive interview in Shanghai that Wang Liqiang is a complete and born fraudster. Lu got to know Wang at a dinner in East China's Fujian Province in early 2016 after being introduced by one of Lu's friends. I regret not sending him to the public security bureau. (news.financializer.com). As reported in the news.

travel document: The African Union AU already made this commitment back in 2016, according to Deutsche Welle. Moreover, from 2020, Africans are to receive a common Africa passport. The New Year 2020 is to become the year of freedom of travel within Africa. The structure, appearance and number of pages of the travel document have long since been finalized 32 pages for the average citizen, with content written in five different languages; English, French, Portuguese, Arabic and Kiswahili to make it truly African. For example, Nigeria's President Muhammadu Buhari recently announced that beginning January 2020, citizens of other African countries would no longer require visas to enter Africa's most populous nation. Read more Africans want open borders, but can they overcome stumbling blocks So far, not much has been heard about the passport despite the fact that more and more African countries are lifting travel restrictions. (news.financializer.com). As reported in the news.

habitat restoration: Rooted in the protection of iconic species, the 58-year-old non-profit organisation is committed to habitat restoration, promoting sustainable lifestyles and tackling climate change, according to The Guardian. It has banged the drum on the latter for decades, but only now are people are really listening. A well-worn soundbite perhaps, but it cuts through the noise of an already saturated climate agenda and explains why the world's largest conservation charity is broadening its remit. WWF UK's support base grew by 23% last year, a momentum fuelled in part by Extinction Rebellion and the force that is Greta Thunberg. Facebook Twitter Pinterest A giant panda at the Chengdu Research Base in China's Sichuan province. I believe this awareness is something WWF has contributed to but now it is about how we capitalise on the awareness and pressure in terms of what we need to achieve, says Steele, a 50-year-old Macclesfield native. (news.financializer.com). As reported in the news.

york: Photo by Yana Paskova /Getty YORK, NY - SEPTEMBER 03 New York Governor Andrew Cuomo participates in the annual West Indian Day Parade on September 3, 2018 in the Brooklyn borough of New York City, according to MSNBC. The parade is one of the biggest celebrations of Caribbean culture in North America. The parade is one of the biggest celebrations of Caribbean culture in North America. Photo by Yana Paskova /Getty Cuomo Trump Is Fomenting Hate Now We See It in Hanukkah Cuomo Trump Is Fomenting Hate Now We See It in Hanukkah Trump Is Fomenting Hate, Now We See it in Hanukkah Sunday broadcast of u00a0MSNBC's Live, u00a0New York Governor Andrew Cuomo commented on five people being stabbed in an attack at a synagogue in New York u2019s Rockland County. Cuomo said, We tend to treat these situations as isolated episodes, but really if we just connect the dots, we have a pattern of hate in this nation that is only getting worse. Cuomo said, We tend to treat these situations as isolated episodes, but really if keywords Andrew Cuomo Donald Pam transcript for Andrew Cuomo Trump Is Fomenting Hate -- Now We See It in Hanukkah header article Key, Breitbart News var BB G null ;function r new 0px 550px t new e function var 0px 3000px o e var i,r;function in t h e&& string typeof e.cookie BB10 Android Silk Kindle Opera Mini Mobi webOS iP hone od ipad playbook t,ads / www o m, scsta o g,y A A o g,y B B C v%2 0 w.mobileP w.mobile b.width b.height and orientation portrait advertisement banner ad ad ads ;function Key','dimension2' 'clips politics donald-trump hanukkah 1 0 3 ; Skip to ISC IS.g ;var que ;function init prebid var g&&console.warn EXEC e e,o,d,a var i,s ;var t i void 0 a Size slot Render Ended %s id %s path %s %ss,o,d,i!a return g&&console.error ELE NOT FOUND slot Render Ended %s id %s path %s %ss,o,d,i ;e.is Empty -1 o.index Of -R3 / Europe Border / Cartel Chronicles Israel / Middle East Africa Asia Latin America All JusticeB Inspired BREITBART / Europe Border / Cartel Chronicles Israel / Middle East Africa Asia Latin America World JusticeB Inspired Wires About UsPeopleBREITBART Biden Goes Full Greta Church Shooting Hero Hanukkah Attack Border Shock Hunter Tax Lien Year of Fredo Andrew Cuomo Trump Is Fomenting Hate Now We See It in Hanukkah Attack41,012Pam Key29 Dec 2019 On Sunday broadcast of MSNBC's Live, New York Governor Andrew Cuomo commented on five people being stabbed in an attack at a synagogue in New York's Rockland County. (news.financializer.com). As reported in the news.

city: The City of Sydney's famous celebrations are expected to attract one million people to the harbour foreshore and generate 130 million for the NSW economy, according to Nine News Australia. Temperatures around the state are expected to peak on Tuesday, with forecasts of more than 40C across western Sydney and in regional NSW. Sydney's fireworks display at this year's NYE celebrations will again be a spectacle admired across the globe by billions of revellers. 9News Some communities have decided to cancel or postpone their fireworks displays, including Armidale in the state's northern tablelands and Huskisson on the state's south coast. To improve your experience update it hereLIVE UPDATESAustralia's bushfire New Years Eve plans forge ahead despite fire threat By AAP11 18am Dec 29, for Sydney's New Year's Eve fireworks are forging ahead despite reports the display could be cancelled if catastrophic weather conditions are declared. City of Sydney Lord Mayor Clover Moore previously said if there was a total fire ban on New Year's Eve the council will do what we need to do . An internal email from the Northern Beaches Council said Sydney's fireworks would only be cancelled in the case of catastrophic weather, The Daily Telegraph reported today. Related Articles New Year's 2020 How the world welcomed the new decade New Year's Eve 2019 Australia prepares to party Chemical explosion in Chermside Brisbane man loses hand after rocket experiment backfires Staff are currently planning for the emergency shutdown of events if weather conditions dictate it, the email signed by the council's executive manager of community engagement Kath McKenzie said. The decision was made at a meeting of local councils, government and the Rural Fire Service prior to Christmas, the December 27 email informed councillors. (news.financializer.com). As reported in the news.

office: The mutual release of the detainees has ended, the Ukrainian presidential office said in a statement on Facebook, specifying that Kyiv received 76 captives, according to The Guardian. Separatist officials said the self-proclaimed republics of Donetsk and Lugansk received 124. The exchange provoked outrage in government-held Ukraine after Kyiv handed over to separatists five riot police suspected of killing protesters during a pro-western uprising in 2014 as part of the swap. Stanyslav Aseyev and Oleg Galazyuk, journalists who contributed to the Ukrainian service of the US-funded Radio Free Europe/Radio Liberty, were also freed by rebels. The exchange came after Vladimir Putin and his Ukrainian counterpart, Volodymyr Zelenskiy, held their first face-to-face talks in Paris on 9 December and agreed measures to de-escalate Europe's only active war. The German chancellor, Angela Merkel, and the French president, Emmanuel Macron, hailed the swap as positive in a joint statement. (news.financializer.com). As reported in the news.

website: Visit the project's website and sign up for the BASELINE newsletter, according to CNN. The opinions expressed in this commentary are his own. He is director of the forthcoming BASELINE series, which is visiting four locations on the front lines of the climate crisis every five years until 2050. View more opinion at CNN. (news.financializer.com). As reported in the news.

bull: The title triggered me a little bit, according to Market Watch. I saw this bull market coming from a mile away, and you should have seen it too, he wrote in a post on Monday. That's just a snippet from a Bloomberg article published over the weekend titled, The bull market almost no one saw coming, and the whole notion just doesn't sit well with Jani Ziedins of the Cracked Market blog. I'm not psychic or anything of the sort, but to me, this decade long bull market was fairly obvious to anyone who spent time looking at long-term historical charts. While everyone was giving up hope 10 years ago after the financial crisis, I saw tons of opportunity, Ziedins said. He pointed to this one, in particular Caption outside of wrapper for normal article images As you can see, over the past century, there have been several lost decades in which stocks struggled mightily to climb back to old highs, the most recent being the post-bubble period from 2000 to 2013. (news.financializer.com). As reported in the news.

gold trading: Wien didn't provide further clarity on his gold estimates or the precise direction of gold trading in 2020, according to Market Watch. However, his comments came as the precious commodity was on pace to enjoy one of its strongest daily gains since late November and its highest finish since early last month, rising past a psychologically significant level above 1,500 an ounce. It has a chance to be an interesting investment.' Byron Wien That is how the veteran investor, whom U.S. News & World Report report described as a modern-day cult figure on Wall Street and one of the most influential investors, described the outlook for the yellow metal in the coming 12-month stretch, during a CNBC interview, ahead of the release of his well-read list of market surprises. Gold for February delivery GCG20, -0.13% was most recently trading up 14.20, or 1%, at 1,503.10 an ounce on the Comex exchange. That is a relatively healthy run-up for the metal considering that stocks, which tend to move in the opposite direction of gold, have been trading near all-time highs. Gold has gained 17.3% so far this year, based on the most active contract, according to Fact Set data. (news.financializer.com). As reported in the news.

forms part: Arts.21 listens in on the young musicians at a workshop in South Africa, according to Deutsche Welle. In this multi-cultural nation, group singing is a popular way of making music and forms part of the country's identity. In 2019, the musical encounter is taking place in Johannesburg, where the German vocal ensemble Sjaella from Leipzig meets the a-cappella group Just Six. During the apartheid era, choral music became a voice of protest against discrimination and oppression. The highlight is a joint concert at the Beethovenfest in Bonn, accompanied by the German National Youth Orchestra - a concert as colorful and multifaceted as life itself in the Rainbow Nation. African vocal music meets traditional European song. (news.financializer.com). As reported in the news.

casino operations: But Akimoto's political funds reports between 2016 and 2018 had no mention of such money, which could amount to a violation of the law, the sources said. ; The consultancy was founded in 2011 by one of Akimoto's former secretaries, according to The Japan Times. The lawmaker himself served as an adviser at one point while his wife also served as an auditor, the sources said. Under such an arrangement, secretaries' salaries need to be booked as donations from supporters. Tokyo prosecutors are focusing on the three years to 2018 to uncover dubious flows of money involving Akimoto and cement his bribery charges, the sources said. Sources said earlier the Chinese company may have approached him in a bid to turn itself around through casino operations in Japan. He is suspected of taking bribes from a Chinese company wishing to break into the casino business in Japan. (news.financializer.com). As reported in the news.

casino resorts: However, it needs to re-examine whether a system has been established to rule out any collusion in selecting the operators to run the casino projects, according to The Japan Times. Akimoto, who resigned from the LDP immediately after his arrest on Wednesday, was known as a key proponent of opening integrated resorts featuring casinos along with hotels, convention centers, entertainment and shopping complexes. The government says its policy of promoting casino resorts in this country based on the 2018 law that paved the way for such establishments as yet another exemption from the nation's gambling ban will not be affected by the arrest of Tsukasa Akimoto. Between 2017 and 2018 when he is alleged to have received 3 million in cash and 700,000 in other benefits from the Chinese firm 500 Ltd. Investigators reportedly suspect that he received the bribes from the Chinese company knowing that the money and benefits were meant to garner his favorable treatment in the firm's bid for a casino resort project in the village of Rusutsu, Hokkaido. Akimoto was a senior deputy minister in the Cabinet Office in charge of the casino resort business while concurrently serving as deputy chief of the Land, Infrastructure, Transport and Tourism Ministry. ; Prior to his arrest, Akimoto denied accepting inducements. (news.financializer.com). As reported in the news.

i rise: I do so to counter the growing consensus that the standard asset allocation of 60% equities and 40% bonds is dead, according to Market Watch. Just last week, CNBC anchor Becky Quick added her voice to this chorus, saying that you're never going to make enough money if you have 40% of your money in bonds. I rise, your Honor, in defense of the 60/40 portfolio. Earlier this fall, Bank of America declared the end of the 60/40 portfolio. Consider its performance since 1926, according to calculations I made using data from Morningstar Annualized returns 1926-2018Standard deviation of yearly returns100% S&P 500 with dividends 10.0%19.7%60% S&P 500 / 40% long-term Treasuries8.8%12.5%60% S&P 500 / 40% intermediate-term Treasuries8.5%12.0% In other words, while immunizing investors from nearly 40% of the volatility or risk of an all-equity portfolio SPX, 0.00% the 60/40 portfolio forfeited either 1.2 or 1.5 annualized percentage points depending on whether the 40% bond portfolio was invested in long-term or intermediate-term Treasuries . That's not a bad trade-off, and the 60/40 portfolio far outperforms the all-equity portfolio on a risk-adjusted basis. To be sure, no one is denying that the 60/40 portfolio has a stellar long-term track record. (news.financializer.com). As reported in the news.

epstein: They say a principal focus of the FBI's investigation is Maxwell, a longtime associate of Epstein, and other people who facilitated Epstein's allegedly illegal behaviour, according to Nine News Australia. The FBI is investigating British socialite Ghislaine Maxwell and several other people linked to US financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, according to two law enforcement sources familiar with the investigation. 60 Minutes Maxwell has not been accused of criminal wrongdoing. To improve your experience update it hereLIVE UPDATESAustralia's bushfire crisis News WorldFBI investigating British socialite and others who 'facilitated' Jeffrey Epstein sources By AAP7 23pm Dec 28, 2019Tweet Facebook Mail The FBI is investigating British socialite Ghislaine Maxwell and several other people linked to US financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, according to two law enforcement sources familiar with the investigation. Her lawyers Jeffrey Pagliuca and Ty Gee did not respond to a request for comment. One of the sources said the probe remains at an early stage. The FBI also is following up on many leads received from women who contacted a hotline the agency set up at its New York field office in the wake of Epstein's arrest in July, the sources said. (news.financializer.com). As reported in the news.

once-dominant force: A decade ago, the prime ministers of Britain, Spain, Greece and even Hungary were from the centre-left, according to The Independent. Many went on to swiftly lose power, but then socialist governments emerged in France and Italy. The decline has been long and agonizing for a once-dominant force, but in 2019 falling popularity reached new depths and raised questions over whether reinvention can lead to a revival. Now the political brand looks like an anachronism. That cannot be said of the traditional left. Populism has tested the ability of mainstream parties to adapt and some on the centre-right are regaining their footing. (news.financializer.com). As reported in the news.

italian authorities: The administrative grab was ordered because the name prosecco which is registered as a protected designation of origin PDO was used illegitimately on the packaging according to authorities, according to The Independent. THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - START THIS WAS ORIGINALLY IN THE FOOTER EJS FILE THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - END Download the new Indpendent Premium app Sharing the full story, not just the headlines Download now Pringles had not received approval from the prosecco consortium to use the protected name. Less than a year later the festive snack drew the ire of the Italian authorities who seized about 250 tubes of the limited-edition Pringles from a supermarket chain in the northern Veneto region, attracting attention in the UK where prosecco is hugely popular. Read more The worst and best of times in food in 2019 Teresa Bellanova, Italy's minister of agriculture, vowed to combat this kind of identity theft . Meanwhile, Luca Zaia, president of the Veneto region one of the two main Prosecco-producing regions in northern Italy took to Facebook to voice his grievances, stating that such acts would no longer be tolerated We need to protect our excellences from fraud, abuse and anything Italian-sounding', as it primarily damages honest producers who promote quality and the territory. The Pringles furore resembles a 2012 case against German discount chain Aldi, which eventually made its way to the EU Court of Justice. Prosecco, champagne and EU law Yet what the Italian authorities may have failed to take into account is how EU law regulates the use of protected geographical names in food and drink products. (news.financializer.com). As reported in the news.

premium app: THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - START THIS WAS ORIGINALLY IN THE FOOTER EJS FILE THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - END Download the new Indpendent Premium app Sharing the full story, not just the headlines Download now The pressure group's report pointed to London Overground as evidence that more local contracts should be used for city-based train services allowing rail to mesh with and respond to local objectives and needs . The CBT recommended a new, publicly funded arm's length body to manage all aspects of rail planning in its Future of Rail report, according to The Independent. Created with Sketch. It comes as Andy Burnham, the mayor of Greater Manchester, called for operator Arriva to be stripped of its Northern franchise, claiming the privatisation of trains has not worked and needs a shakeup . The latest report by the Campaign for Better Transport CBT has recommended a radical overhaul of the franchise system so more urban commuter services outside of London are devolved. World's best train journeys Show all 10 Created with Sketch. Created with Sketch. Created with Sketch. (news.financializer.com). As reported in the news.

test satellite: The endeavor marks a significant leap forward since the carrier rocket's maiden mission in 2016 and through a failed attempt in 2017, according to Global Times China. Friday's flawless blast off was a confidence booster for the rocket's reliability and officially marked China's entrance into a new era of aviation technology. Standing at an impressive 57 meters tall and with a diameter of 5 meters, the rocket will send a test satellite into planned orbit. Chinese astronauts have nicknamed the rocket The Fat Five. Space exploration hinges on rocket thrust capabilities. The rocket can haul a 25-ton payload to low Earth orbit, 1.5 times more than the main Long March series. (news.financializer.com). As reported in the news.

vice coo: He will rejoin the board and replace Jun Seki, the vice chief operating officer, subject to approval at an extraordinary shareholders meeting in February. ; But Sakamoto, currently in charge of Nissan's production operations, will not become vice COO for the time being and the post will remain vacant, a Nissan spokesman said, according to The Japan Times. Sakamoto previously headed the company's research and development operations as vice president, while working at the Brazilian unit of Renault. Sakamoto was previously a director from 2014 to June of this year. The appointment comes after Nissan said this week it had accepted an offer by Seki to resign as vice COO less than a month after a new management team was launched. When Nissan announced Seki's departure on Wednesday, Nissan shares plunged 3.09 percent to 633.4 on the Tokyo Stock Exchange. It is widely believed Seki was in conflict with newly appointed CEO Makoto Uchida over how to deal with Nissan's largest shareholder, Renault SA of France, which had previously pushed for their merger. (news.financializer.com). As reported in the news.

family: Still no evidence, according to CNN. Still no phone calls to his family despite multiple requests. On December 28, 2018, Russian authorities arrested Paul Whelan, US embassy spokesperson Rebecca Ross wrote on Twitter. 365 days. Still no independent medical care. Let Paul go home THIS year! Whelan -- a former US Marine who is also a citizen of the UK, Canada and Ireland -- was detained at a Moscow hotel last year by Russian authorities who alleged he was involved in an intelligence operation. Enough is enough. (news.financializer.com). As reported in the news.