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EU Announces New Washington-Pleasing, Russia-Wristslap SanctionsEU Announces New Washington-Pleasing, Russia-Wristslap Sanctions

Reported by Zero Hedge
After unleashing a 10-page report of the death and destructive economic impact they could have on Russia via sanctions, the European leaders have agreed to issue travel bans, some asset-freezes, and trade curbs on various new individuals and business entities. *The Goldilocks sanctions... just enough.. »more

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ARGENTINA »
News article

Bonds & Peso Slide As Fernandez Slams Holdouts For "True Aggression Against Argentina"

Bonds & Peso Slide As Fernandez Slams Holdouts For True Aggression Against Argentina
With hours to go until Argentina's grace period runs out and default occurs, *investors are less than frantically selling Argentine bonds and pesos*. They are lower but *do not appear in full panic mode* as we presume investors cling to hope that Argentina folds and pays off the holdouts (though..
Zero Hedge 13 hours ago

 
NEW YORK »
News article

The New York Times' Revenue Since Hiring Paul Krugman

The New York Times' Revenue Since Hiring Paul Krugman
Things at the NYT are not going quite as planned. From the FT:


A fall in advertising sales and stepped-up investment in digital products sapped second-quarter profit at the New York Times as the publisher forecast flat circulation revenue and further declines in advertising in the..
Zero Hedge 11 hours ago

 
DEUTSCHE BANK »
News article

NY Regulator Demands Government Monitors "Inside" Barclays And Deutsche Bank

NY Regulator Demands Government Monitors Inside Barclays And Deutsche Bank
With the NY Fed already warning of "significant operational risk," and former Fed officials proclaiming Deutsche Bank is "horribly under-capitalized," along with Barclays 'dark pool' and gold manipulations, it is perhaps not a total surprise that, as WSJ reports,* New York's banking regulator is..
Zero Hedge 13 hours ago

 
SECURITY »
News article

China's Billionaire Ex-National Security Chief Investigated For "Serious Disciplinary Violation"

China's Billionaire Ex-National Security Chief Investigated For Serious Disciplinary Violation
With an *estimated net worth of $14 Billion, Zhou Yongkang*, the man formerly in charge of China's vast security apparatus, was one of the nine most senior politicians in China until 2012. But now, as The BBC reports, *state media have announced he is being investigated for "serious disciplinary..
Zero Hedge 12 hours ago

 
PFIZER »
Pfizer set to launch a second attempt to buy AstraZeneca
Profits at the US drugs giant fell by 25 per cent in the first half of the year, and it was unable to announce any new blockbuster drugs.
thisismoney.co.uk 10 hours ago

 
APPLE »
Can Apple Restore the Luster of the iPad?
Filed under: Company News, Apple, Earnings, Computer Industry, Investing

*Lee Jin-man/AP*

Apple (AAPL) hit fresh 52-week highs this week, with smartphones accounting for more than half of its sales.

Apple sold 13 percent more iPhones than it did a year earlier, and it..
DailyFinance 15 hours ago

 
INDIA »
AgustaWestland agrees to pay a negligible fine following an investigation into the sale of 12 helicopters to India
The Indian Ministry of Defence terminated the £465million deal with the British helicopter maker amid allegations that officials were bribed to win the contract.
thisismoney.co.uk 9 hours ago

 
UNITED »
United States Steel Corp. Posts Q2 Loss On Charges
WASHINGTON (dpa-AFX) - United States Steel Corporation (X) reported a second-quarter net loss of $18 million, or $0.12 per share, compared to a loss of $78 million, or $0.54 per share, prior year....
FinanzNachrichten.de 10 hours ago

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