JOBS Act passes House
“Right now, it’s illegal for a startup to solicit investors on platforms like Twitter or Kickstarter. But the JOBS Act would change that.”
London Whale took Big Bets below the surface
“French finance workers, famed for their top-notch mathematical skills acquired at France’s prestigious “grande ecole” universities, are in high demand among international rivals and hedge funds, especially in areas such as equity derivatives.”
— Euro at three-month low as Nicolas Sarkozy is ousted by Francois Hollande
— Markets tumble as uncertainty grows over country’s new Socialist agenda
— Hollande expected to push against German-led European austerity measures
— Exodus of ‘le super-rich’ to London expected in light of planned 75% tax rate
— Greece teetering on collapse as voters reject austerity policies
— Stocks plummet by a massive 8% with country facing weeks of uncertainty
— Greek neo-Nazis triumphant after polling around 7% of the vote
— Analysts warns results could tip single currency into collapse within months
Indonesia and Thailand are said to remain cautious of the IMF’s intervention due to their experiences in the wake of the Asian financial crisis in the late 1990s, when the Washington-based lender compelled them to adopt measures they felt were unnecessarily harsh.
East Asian nations are set to double the money in a currency swap pact to $240 billion in an effort to shield the region from the European debt crisis, according to a draft communiqué on Thursday.”
“China, Japan and South Korea agreed on Thursday to boost cross-investment in government bond markets, worth nearly a combined $15 trillion, in a move that will better prepare the countries to protect their financial markets from external shocks.”
“The move also comes as many of the heavily exposed economies in East Asia have struggled to find ways to avoid a repeat of the 1997/98 Asian financial meltdown and other turmoil that has struck during times of crises originating outside the region.”
The European Union is still the biggest economic power in the world, with the biggest share of international trade,” Goebbels said.
“All those who say that the Euro will disappear — and you mainly see this in Anglo Saxon newspapers and rating agencies — they are wrong. None of the 17 states of the Eurozone will leave because its impossible for them to do so.”
ADB’s anti-poverty efforts are geared to help benefit and reach “several hundreds of millions of Asians who continue to struggle on less than $1.25 a day.”
“The very drivers of Asia’s economic success – new technology, globalization and market-oriented reforms – have also served to create and increase disparities within and among Asian economies,” Kuroda said.
‘“We need to further boost investment to supplement … our growth agenda, such as growth-enhancing structural reforms and the completion of the single market,” he said. ”We need more European cross-border and community investment in infrastructure - energy, transport, innovation, research and communications.” — Mr Rehn mapping out EU plans to boost growth by using public spending to foster private investment.
Hollande’s victory would probably be welcomed by most social democratic parties. But it seems unlikely that the British Labour party leader Ed Miliband, for one, would tie his wagon to Hollande’s. The British left has not been much in love with the French left since about 1791. Its real problem today is that it has never embraced the postwar German social democratic tradition either, and now it’s too late.
Hollande wants to tax France to death.” — I guess the French won’t mind that since they voted him President.
Being an artist is when you express and serve your inner drive … when you start to serve the interest and taste of others, you become an entertainer …
Corporate acquisitions significant contribution to growth within the Contemporary art market...
Excerpt: Microsoft owns 4000+ works of art, according to CNN June 2007, their curator and New York gallery owner Michael Klein spend $1.2 million on acquisitions for the company last year alone. Other leading corporate collectors include UBS and the Progressive Corporation. Market leader, Deutsche Bank own 50,000+ works of art, valued at approximately £75 million.
The science behind the French approach to kids food
Excerpt:
French mothers and fathers both reported higher monitoring and higher restriction of their child’s food intake for weight control than US parents, and French fathers reported greater modeling of healthy eating than US fathers. French parents exerted more control over their children’s food choices.
