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French Protests spread to Spain

“Over the weekend, yellow vest protests spread to Canada and Spain, and protesters wearing yellow vests took the streets in various cities across the two countries on Saturday” reports tehrantimes.com. In the past, economic and social protests in the European Union began in countries like Greece and Spain and spread to other countries.This was proven during protests that took place after the economic crisis, and from 2007 to 2010 in Europe.Because the current economic crisis in Spain is so severe that he can’t offer many concessions to the protesters. Source: tehrantimes.com…

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China, EU lambast United States for miring WTO in crisis

“GENEVA (Reuters) – The United States came under fire from China and the European Union on Monday, accused by both major trading partners of taking protectionist measures and bringing the World Trade Organization (WTO) to its knees” writes Midwest Communications Inc for 95kqds.com. “The multilateral trading system is in a deep crisis and the United States is at its epicentre,” said EU ambassador Mark Vanheukelen The heated words were exchanged at a review of U.S. trade policies, held every two years. Source: 95kqds.com Share This:

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Macron, Trump and Iran’s future

“The current Inverted Yield Curve shows that the number of short-term bank deposits is more than long-term deposits” reports tehrantimes.com. Contrary, the scenario of Macron and Castaner, which, regardless of its tragic human dimensions, resembles Louis de Funès comedies, adds to the severity of the crisis.TEHRAN – The incident of the city of Strasbourg in France was a very primitive scenario for facing the deep social and political crisis that the Macron government is facing. Source: tehrantimes.com Share This:

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Markets News 

Storm ahead? Here’s how to prepare for a financial crisis

“This week the IMF warned that not only are the storm clouds of the next global financial crisis gathering, but also that the world financial system is unprepared for another downturn” writes Patrick Collinson for theguardian.com. Every 10 years or so a financial crisis hits global markets – and it’s 10 years since the last one.If you are middle-aged, your pension fund is probably about 60% in shares and 35%-40% in bonds.Many investment managers grimly warn about overvaluations in financial markets. “The US equity market has never been more expensive…

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GBP News 

BREXIT: After Agnew Spat, Gary Lineker Airs His Suggestion For Solving The Crisis

“PA Entertainment Gary Lineker has said he believes Brexit should be settled by penalty shootout” writes unknown author for huffingtonpost.com. Speaking on the series finale of the BBC One programme, the presenter was responding to comedian Tom Allen’s suggestion that the Queen should intervene over the current crisis.Appearing as a guest host on BBC panel show ‘Have I Got News For You’ on Friday, the pundit suggested that the current Brexit deadlock could be broken by a penalty shootout between Remainers and Brexiteers. Source: huffingtonpost.com Share This:

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Markets News Stocks 

European Banks’ Performance Is Worst Since 2011 Crisis

“They forecast a 15 percent outperformance for European banks by the end of the first quarter of 2019, as euro-area PMIs improve and Bund yields rise” reports etfdailynews.com. From Tyler Durden : As we approach the end of a dismal year for European stocks, the question is:  which sector had the worst year of them all?. With a few trading sessions left before the end of 2018, banks and autos are in a tight race to the bottom.While some may view the sector as cheap, it still seems that being…

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Minneapolis, tackling housing crisis and inequity, votes to end single-family zoning

“Experts say adding density to single-family neighborhoods is a powerful tool to address housing affordability and chip away at segregation” writes Sarah Mervosh for seattletimes.com. Portland, Oregon, is working on a plan to allow fourplexes in nearly all single-family neighborhoods, and Seattle is considering rezoning 6 percent of its single-family neighborhoods to include more housing.Peggy Reinhardt, 75, an advocate who supported the decision, hopes the change will mean more housing options around her Uptown Minneapolis neighborhood.In a bold move to address its affordable-housing crisis and confront a history of racist…

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News Regulators 

Janet Yellen is worried about the next financial crisis

“And then the financial crisis came” writes Francine Mckenna for marketwatch.com. We are a decade after the financial crisis so that would be worrisome and wrong to do,” Yellen told the audience at the Women in Housing and Finance holiday event.We fortunately had not had a financial crisis.See also: Ten years after Lehman, IMF’s Lagarde warns fallout from financial crisis far from over Her new role, as a Distinguished Fellow in Residence at the Brookings Institution, a nonprofit public policy organization, “is a little less stressful,” she said.Yellen said she…

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ASU chief: Colleges face a ‘completion crisis’ — half of students since 1980 never graduated

“It’s a completion crisis, not a debt crisis,” Crow said in a “Squawk Box” interview” writes Matthew J for cnbc.com. Those four-year degree completion rates were a bit higher when the time frame was compressed, according to data from the National Student Clearinghouse.”If you have debt and don’t finish, you have a huge problem.”.  Source: cnbc.com Share This:

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The Student Debt Crisis, and the FIRE Movement

“Youngme Moon, Felix Oberholzer-Gee, and Mihir Desai discuss staggering student debt levels, the FIRE (Financial Independence, Retire Early) Movement, and share their After Hours picks for the week” reports hbr.org. You can follow Youngme and Mihir on Twitter at: @YoungmeMoon and @DesaiMihirA. HBR Presents is a network of podcasts curated by HBR editors, bringing you the best business ideas from the leading minds in management. Source: hbr.org Share This:

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