Tweetminster

Here’s what’s behind the Chinese cash crunch

Remember Libor? When that once obscure measure of short-term interest rates shot higher in 2007 and 2008, it was one of the earliest warnings signs of what would eventually become the financial crisis. Now, its Chinese cousin—known as Shibor—is telegraphing the rising stress in the opaque financial system of the world's second largest economy. [...] Read more ...

via Qz
18 Jun 2013

Obama: Bernanke Has 'Stayed A Lot Longer' Than He Wanted

By Steve Holland WASHINGTON, June 17 (Reuters) - President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than he had originally planned. Obama, speaking to Charlie Rose, host o [...] Read more ...

via Huffingtonpost
18 Jun 2013

Chris Christie rips Obama charm offensive

New Jersey Gov. Chris Christie on Tuesday slammed President Barack Obama’s outreach to congressional Republicans as “a little bit late in the dating game.” “The charm offensive should have started in January of 2009,” Christie (R-N.J.) said on MSNBC’s “Morning Joe” of Obama’s overtures to some in [...] Read more ...

via Politico
18 Jun 2013

This government is waging class warfare

A glance at the agenda for our union’’s annual conference, starting today in Liverpool, shows the sheer breadth of the damage that this Tory-led coalition is wreaking on its citizens. Our union, our members, and the services that they deliver to the people of the UK are under the most vicious attack in what can only be described as class war. A [...] Read more ...

via Labourlist
18 Jun 2013

The Angelina Jolie dilemma

Those who warn of demographic upheaval frame their predictions as if they were based on medical evidence. But they are not talking about a mastectomy, they are talking about cutting out Israel's heart. Read more ...

via Haaretz
18 Jun 2013