One day after the Fed hiked rates by 25 bps as part of Janet Yellen's final news conference, it is central bank bonanza day, with rate decisions coming from the rest of the world's most important central banks, including the ECB, BOE, SNB, Norges Bank, HKMA, Turkey and others.
Does Germany owe Greeks billions of euros in World War II reparations for the damages and the enforced loan during the occupation of the country by the Nazis? So far, Berlin has vehemently rejected any Greek claims.
However, as Keep Talking Greece reports, two German researchers, who dug into the documents of the dispute, have discovered and calculated that the German state owes Greece 185 billion euros.
Of this not even a 1% has been paid to Greece.
There is a huge disparity in employment rates among over 65s across different countries...
You will find more statistics at Statista
As Statista's Niall McCarthy notes, a recent OECD report found that the highest rates of people working beyond 65 are in Asia with Indonesia particularly notable as having a 50.6 percent employment among those in the 65-69 age group. That figure is high elsewhere in Asia, standing at 45 percent in South Korea and 42.8 percent in Japan.
Authored by Simon Black via SovereignMan.com,
In a move almost destined to prove that laws and policies have absolutely zero meaning, the European Union released a list of “tax havens” last week… with a massive, giant, highly conspicuous omission.
The blacklist contains the names of the usual suspects– Panama, United Arab Emirates, etc., along with a few additions like Mongolia and Marshall Islands.
After an early slide last night following the stunning news that Doug Jones had defeated Republican Roy Moore in the Alabama special election, becoming the first Democratic senator from Alabama in a quarter century and reducing the GOP's Senate majority to the absolute minimum 51-49, US equity futures have quickly rebounded and are once again in the green with the S&P index set for another record high, as European stocks ease slightly, and Asian stocks gain ahead of today's Fed rate hike and US CPI print.