October 2017
Latest snapshot of American Economy
THE EMPLOYMENT SITUATION -- SEPTEMBER 2017 The unemployment rate declined to 4.2% in September, and total nonfarm payroll employment changed little (-33,000), the average hourly wage grew by 0.45 percent, for a year-over-year gain of 2.9%, about 1.47m people were unable to work due to bad...
Read MoreRussia – At least 17 dead after the train collides with bus
AT LEAST 17 people have been killed in a crash between a train and a bus in the Vladimir Region in the east of Moscow. https://youtu.be/YwBnavbHYdk MOSCOW - The bus, which was carrying migrant workers from Uzbekistan, was shunted several hundred metres down the track, Russia’s Rossiya 24...
Read MoreRio 2016 Olympic chief Carlos Nuzman arrested in corruption investigation
The head of the Brazilian Olympic Committee was arrested yesterday as it was alleged 16 gold bars worth $2m (£1.53m) that were stored in a bank in Switzerland were among his hidden assets. The investigation into corruption within the International Olympic Committee(IOC) escalated as Carlos Nuzman, the...
Read MoreTokyo “Yurinomics” to scrap over-reliance on fiscal, monetary steps
Tokyo - A new party led by Tokyo Governor Yuriko Koike has unveiled policies it dubs "Yurinomics" that aim to revitalize the economy and cut reliance on fiscal spending and monetary easing, seeking to distance itself from premier Shinzo Abe's more aggressive stimulus measures. The party,...
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