A Way to Include Homes in the Age Pension Assets Test

Here’s the boldest idea the government’s inquiry into retirement incomes should consider but might not: no longer exempting all of the value of each retiree’s home from the pension assets test. Via The Conversation. The test would merely exempt part of the value of retirees’ homes. The change would free-up funds to support other retirees … Read moreA Way to Include Homes in the Age Pension Assets Test

A Third of World Banks are Unprepared for a Downturn

Over a third of the world’s banks lag on technology and scale, and are unprepared for an economic downturn, according to global consultancy firm McKinsey and Co, via InvestorDaily. The firm used its annual banking review to warn banks that they risked “becoming footnotes to history” if they did not scale up and embrace technological … Read moreA Third of World Banks are Unprepared for a Downturn

The Future of Non-bank Small Business Lending in Australia

Neil Slonim, theBankDoctor has published an excellent four part series on the future of non-bank small business lending in Australia. The complete series is reproduced here, with permission. He concludes that smaller businesses need non-bank lenders especially if they have been rejected by a bank or have relatively modest but often urgent needs for funds or … Read moreThe Future of Non-bank Small Business Lending in Australia

Key Takeaways from BEA’s Latest FDI Data

Kimberly Aagard is a Research Analyst at SelectUSA With the latest update of the Bureau of Economic Analysis (BEA) foreign direct investment (FDI) data recently released, the Investment Research team at SelectUSA couldn’t resist an opportunity to delve into the numbers and to follow up from our colleague’s previous post. In 2018, the inward position … Read moreKey Takeaways from BEA’s Latest FDI Data

Relations with India not of dictation but partnership: US

New York, Oct 22 (IANS) The United States does not dictate to India but partners with it, Acting Assistant Secretary of State Alice Wells declared on Tuesday at a Congressional hearing on human rights in South Asia at which Representatives leveled caustic criticism of India’s action in Kashmir after rescinding its special constitutional status. “This is … Read moreRelations with India not of dictation but partnership: US

New Jersey Indian Ankur Agarwal Pleads Guilty to Hacking Scheme

Ankur Agarwal (45), of Montville, NJ pleaded guilty to a sophisticated computer hacking scheme against two New Jersey companies and stealing their data today (October 22, 2019) in Newark federal court. Details of Two Targeted Companies While the names of the two New Jersey companies targeted by Ankur Agarwal are not disclosed, here are some … Read moreNew Jersey Indian Ankur Agarwal Pleads Guilty to Hacking Scheme

U.S. Department of Commerce Finds Dumping and Countervailable Subsidization of Imports of Aluminum Wire and Cable from China

U.S. Department of Commerce Finds Dumping and Countervailable Subsidization of Imports of Aluminum Wire and Cable from China KCPullen@doc.gov Tue, 10/22/2019 – 17:06 Trade enforcement FOR IMMEDIATE RELEASE Tuesday, October 22, 2019 Office of Public Affairs (202) 482-4883 publicaffairs@doc.gov Today, the U.S. Department of Commerce announced the affirmative final determinations in the antidumping duty (AD) … Read moreU.S. Department of Commerce Finds Dumping and Countervailable Subsidization of Imports of Aluminum Wire and Cable from China

U.S. Department of Commerce Initiates a Circumvention Inquiry into Imports of Rebar from Mexico

U.S. Department of Commerce Initiates a Circumvention Inquiry into Imports of Rebar from Mexico KCPullen@doc.gov Tue, 10/22/2019 – 17:04 Trade enforcement FOR IMMEDIATE RELEASE Tuesday, October 22, 2019 Office of Public Affairs (202) 482-4883 publicaffairs@doc.gov Today, the U.S. Department of Commerce announced the initiation of a circumvention inquiry into imports of steel concrete reinforcing steel … Read moreU.S. Department of Commerce Initiates a Circumvention Inquiry into Imports of Rebar from Mexico

Big Four accounting firm called to account for sexist ‘training’ seminar

Women looking to make their mark in leadership roles at Ernst & Young (EY) were given jarringly sexist professional advice during a training seminar the Big Four accounting firm sponsored last year in New Jersey. With the #MeToo movement in full swing, the women who attended the June 2018 event were told the female brain … Read moreBig Four accounting firm called to account for sexist ‘training’ seminar

Judicial Watch: AP Reporters Gave DOJ/FBI Ukraine Info and Code to Private Locker of Paul Manafort in Apparent Effort to Push Criminal Prosecution

Andrew Weissmann organized off-the-record DOJ/FBI meeting with AP to exchange ‘clarification’ and ‘assistance’ in their investigation for details on former Trump Campaign Director Paul Manafort (Washington, DC) – Judicial Watch today released two productions of heavily redacted FBI documents – 28 pages and 38 pages – about an April 11, 2017, “off-the-record” meeting set up … Read moreJudicial Watch: AP Reporters Gave DOJ/FBI Ukraine Info and Code to Private Locker of Paul Manafort in Apparent Effort to Push Criminal Prosecution

(What’s Left of) Our Economy: Were the US Washing Machine Tariffs Really Failures?

It’s as close to a slam dunk conclusion as can be – at least according to economists, think tank hacks, and Mainstream Media journalists: The early 2018 U.S. tariffs on large household laundry machines have been a dismal failure. Or have they been? The levies belong in a category different from those of the main … Read more(What’s Left of) Our Economy: Were the US Washing Machine Tariffs Really Failures?

‘This Is the Latest Chapter of a Long History of US Betrayal of Kurds’ – Khury Petersen-Smith on the Turkish Invasion of Syria

Janine Jackson interviewed IPS’s Khury Petersen-Smith about the Turkish invasion of Syria for the October 18, 2019, episode of CounterSpin. This is a lightly edited transcript. Play Stop pop out X MP3 Link Janine Jackson: As we record on October 17, Turkey continues its offensive in northern Syria, a move seen as greenlighted by Donald … Read more‘This Is the Latest Chapter of a Long History of US Betrayal of Kurds’ – Khury Petersen-Smith on the Turkish Invasion of Syria

Remarks by Commerce Secretary Wilbur L. Ross at the American-Uzbekistan Chamber of Commerce Annual Business Forum

Remarks by Commerce Secretary Wilbur L. Ross at the American-Uzbekistan Chamber of Commerce Annual Business Forum KCPullen@doc.gov Tue, 10/22/2019 – 14:24 Export and investment promotion AS PREPARED FOR DELIVERY Tuesday, October 22, 2019 Office of Public Affairs (202) 482-4883 publicaffairs@doc.gov Wilbur Ross Thank you to the American-Uzbekistan Chamber of Commerce for organizing this event. And … Read moreRemarks by Commerce Secretary Wilbur L. Ross at the American-Uzbekistan Chamber of Commerce Annual Business Forum

Steelworkers Secretary in Tennessee Indicted for Embezzlement

On September 17, Travis Cofer, former secretary-treasurer of United Steelworkers Local 990, was indicted in U.S. District Court for the Eastern District of Tennessee on one count of embezzling $12,432 in funds from the Maryville (near Knoxville) union. The indictment follows an investigation by the U.S. Labor Department’s Office of Labor-Management Standards.… Read More ➡ … Read moreSteelworkers Secretary in Tennessee Indicted for Embezzlement

Chileans Have Launched a General Strike Against Austerity

Chile is the original home of neoliberalism, first begun after the overthrow of President Salvador Allende in 1973. If you listen closely to mass protests on the streets today, you can hear Allende’s last words: “The people must defend themselves.” Demonstrators wave flags during a protest against President Sebastian Piñera on Monday in Santiago. (Marcelo … Read moreChileans Have Launched a General Strike Against Austerity

Remarks by Commerce Secretary Wilbur L. Ross at the USMCA Event with Vice President Pence

Remarks by Commerce Secretary Wilbur L. Ross at the USMCA Event with Vice President Pence KCPullen@doc.gov Tue, 10/22/2019 – 13:32 Export and investment promotion AS PREPARED FOR DELIVERY Tuesday, October 22, 2019 Office of Public Affairs (202) 482-4883 publicaffairs@doc.gov Wilbur Ross Thank you, Jay, for that very kind introduction. Thank you, also, to SCHOTT North … Read moreRemarks by Commerce Secretary Wilbur L. Ross at the USMCA Event with Vice President Pence