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3 HOURS AGO - Zero Hedge

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"It's Not Abenomics, It's The Weather" Japanese Econ Minister Admits Growth Is Weak

Amid two (notably female) resignations this weekend (Justice Minister Matushima and Trade Minister Obuchi for alleged misuse of political funds), Abenomics tilt towards women as a pillar of the Japanese recovery is taking yet another blow, removing "one of his ways of distracting people from his less popular policies." However,it is Japan's Economy Minister, Akira Amari, that went full economic ...

Tags: "It's Not Abenomics, It's The Weather" Japanese Econ Minister Admits Growth Is Weak,  Exports Latest News

14 HOURS AGO - TheStreet

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Why Europe Must Drop the Euro and Germany Must Abandon Mercantilism

NEW YORK (TheStreet) -- Europe faces yet another recession, and the prospect is shaking global financial markets. To eliminate the persistent threat of collapse, Europe must drop the euro, and Germany must abandon mercantilism. When the euro was adopted in 1999, domestic prices as well as the face values for bonds and loans and bank accounts were translated into euros ...

Tags: Why Europe Must Drop the Euro and Germany Must Abandon Mercantilism,  Exports Latest News

15 HOURS AGO - Zero Hedge

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Euro Risk Due To Possible Return of Italy To Lira - Drachmas, Escudos, Pesetas and Punts?

Euro Risk Due To Possible Return of Italy To Lira - Drachmas, Escudos, Pesetas and Punts? The European status quo and EU elites are becoming increasingly concerned by popular calls in Italy for Italy to leave the European Monetary Union and the euro "as soon as possible" and return to the lira.  Sharelynx.com  Beppe Grillo, the leader of Italy's Five ...

Tags: Euro Risk Due To Possible Return of Italy To Lira - Drachmas, Escudos, Pesetas and Punts?,  Exports Latest News

15 HOURS AGO - Zero Hedge

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Frontrunning: October 20

Stick to tapering and rates pledge, says Boston Fed chief (FT) Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders (Reuters) Obama makes rare campaign trail appearance, some leave early (Reuters) Japan GPIF to Boost Share Allocation to About 25%, Nikkei Says (BBG)... or three months of POMO Japan Stocks Surge on Report GPIF to Boost ...

Tags: Frontrunning: October 20,  Exports Latest News

16 HOURS AGO - Zero Hedge

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Futures Fade Entire Overnight Rally

And the overnight futures ramp started off so promising. Now that Abenomics has officially failed (because even Goldman is providing reasons why it didn't work), and Abe is being deserted by his ministers left and right, and not just any ministers but women - the same gender which he has been swearing recently he will do everything in his power ...

Tags: Futures Fade Entire Overnight Rally,  Exports Latest News