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US economy

There’s a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness. … At the same time, Tannenbaum of Northern Trust cautions against becoming too complacent if consumers begin to fear that the economic woes abroad threaten the U.S. job market or financial markets. “Psychology could also be the avenue through which some of the world’s uncertainties drag us back to growth that’s a bit less …
http://neworleanscitybusiness.com/ — Fri, 30 Jan 2015 12:29:47 -0800

Financial Forecast

Let’s look at what I think are seven inexorable trends or waves that will each have a major impact in its own right but that when taken together will amount to a tsunami of change for the global economy. 1. Japan will continue its experiment with …
http://www.prepareandprosper.net/ — Fri, 30 Jan 2015 12:50:00 -0800

Finance Startups

London has become a global colossus for financial startups: the UK and Ireland accounted for more than half of Europe’s Fintech deals in 2013, with the capital taking the lion’s share of that. There are other pockets of Europe where financial startups also …. announced $40 million in funding from Accel in March 2014. Remittances are a huge part of many developing economies, and the potential market for this sort of financial service runs into the many billions, if not trillions of dollars.
http://www.businessinsider.com/uk — Fri, 30 Jan 2015 14:09:09 -0800

China Cities Debt

The Wall Street Journal’s Daily Report on Global Central Banks for Wednesday, January 28, 2015. Jon Hilsenrath says a surge in China’s local government debt may be a source of global disinflation and rising threats to financial stability. … The Fed meeting is likely to yield at most marginal changes to the central bank’s economic assessment and policy signals, with officials await more economic data before deciding when to raise interest rates. Here are some key elements to watch in …
http://blogs.wsj.com/economics/ — Wed, 28 Jan 2015 04:15:53 -0800

Bitcoin

If applied widely to the inner workings of our global economy, this model could slash trillions in financial fees; computerize much of the work done by payment processors, government property-title offices, lawyers and accountants; and create …
http://www.marketwatch.com/?dist=rss — Thu, 29 Jan 2015 12:18:50 -0800

Consumer Confidence

The market is freaking out over the slew of negative economic data this morning, but let’s be real: That great consumer-confidence report is the only one that actually matters. In January, the Conference Board’s consumer-confidence index …
http://www.businessinsider.com/moneygame — Tue, 27 Jan 2015 09:51:51 -0800

The new finance minister of Greece

Yanis Varoufakis, an economics professor based in Athens, joined Valve in March 2012 as a consultant after Gabe Newell emailed to describe the problems his company ran into as the virtual economies around games such as Team Fortress 2 and Dota 2 saw explosive growth. “When I read ….. I wouldn’t like to be a finance minister in a country that is risking defaulting on it’s government debt, doesn’t matter if before he worked with global pricing in the PC digital games market or not !
http://www.eurogamer.net/ — Tue, 27 Jan 2015 02:30:00 -0800

APPLE

Despite the criticism from fault-finding cynics about the iPhone 6 shortly after its release (that the screen was too big, that it could bend a bit) and supposed tales of woe over sales in China, Apple cleaned up. Not only did it perform superbly …
http://jewishbusinessnews.com/ — Wed, 28 Jan 2015 20:17:06 -0800

Samsung

“Uncertainties for global business conditions will likely grow further in 2015 due to the slowing Eurozone economy and financial risks in emerging countries,” Samsung said in a statement. The semiconductor division’s profit stood at 2.7 trillion …
http://www.businessinsider.com/moneygame — Wed, 28 Jan 2015 15:53:00 -0800

Greece, new ally for Russia?

By Mike Bird Greece’s new finance minister Yanis Varoufakis is insisting that the country is not vetoing EU sanctions on Russia (at least not yet), and that media distortion blew foreign minister Nikos Kotzias’ comments out of context. Before the election, Varoufakis was an active blogger, and he … The world’s press was full of reports on how the SYRIZA government’s first foreign policy ‘move’ was to veto fresh sanctions on Russia. Now, I am not qualified to speak on foreign affairs but, …
http://interces.eu/ — Wed, 28 Jan 2015 23:44:58 -0800