News Regulators 

Fed Expected to Raise Rates

“The central bank is due to announce its decision at 2 p.m” writes Min Read for reuters.com. Fresh Fed economic forecasts to be released along with the policy statement may suggest that two rate hikes is more likely, economists say.It would be the fourth rate hike of the year and the ninth since the central bank began its current tightening cycle in December 2015.President Donald Trump has repeatedly attacked the Fed for raising rates this year, saying it was undercutting his efforts to boost the economy. Source: reuters.com Share This:

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Amid global market volatility, Japan could be one of the best bets in 2019

“Amid global market volatility and slowing growth that other economic giants are facing, Japan could be on a more sustainable path relative to the other countries, Shvets told CNBC on Tuesday” writes Chris Mcgrath for cnbc.com. Japan faces fewer micro and macro economic issues compared to the U.S., Europe and China — and might end up being one of the best bets in 2019, according to Viktor Shvets, the head of Asian strategy for Macquarie’s commodities and global markets team.Relative to the volatility around the world, “Japan is just calm,”…

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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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Markets News Stocks 

Stock market woes raise a nagging fear: Is a recession near?

“Both the previous two U.S. recessions overlapped with stock market sell-offs” reports thebusinessjournal.com. (AP) — Fears of a recession have been mounting with the U.S. stock market appearing to be headed for its worst December since 1931 — during the Great Depression.The fact is that the stock market captures just a piece of the broader U.S. economy.The fact is that economic growth around the world is slowing, including in the United States as the benefits from the tax cuts wane. Source: thebusinessjournal.com Share This:

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Global gap will take 202 years to close, says World Economic Forum

“The global pay gap between men and women will take 202 years to close, because it is so vast and the pace of change so slow, according to the World Economic Forum” writes Rupert Neate for theguardian.com. The WEF, which organises the annual meeting of business and political leaders in Davos, said the global gender pay gap has narrowed slightly over the past year, but the number of women in the professional workplace has fallen. Source: theguardian.com Share This:

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The global gender gap will take more than 100 years to close — here are the countries with the highest and lowest gender gap around the world

“The WEF’s annual Global Gender Gap Report compares attitudes towards gender equality around the world” writes Skye Gould for businessinsider.com. It will take more than 200 years for economic gender equality to emerge, and 108 years to completely close the global gender gap across politics, health, education, according to the latest report from the World Economic Forum. Check out the best and worst countries for gender equality, as well as the global averages, below:. Each nation is given a score out of 1, with higher scores indicating a greater level…

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Xi Jinping promised ‘miracles’ in a gloating speech about China’s economy, but the markets slumped

“Jason Lee/Reuters Investors had been watching Xi’s speech for hints on how he would deal with China’s domestic economy, none of which came” writes Alexandra Ma for businessinsider.com. “As such, it is unlikely to galvanize financial markets anxious about the trajectory of China’s economic growth and prospects for the US-China trade talks.”. Xi’s speech marked 40 years since China’s opening up its economy to the rest of the world.Asian stocks edged down after Chinese President Xi Jinping made a gloating speech lauding his country’s economic progress, and promised to produce…

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ECB’s Makuch says central bank may need to rephrase guidance if slowdown continues

“Looking at the Citi economic surprise index for the Eurozone, it is slumping again recently as economic data releases continue to disappoint relative to market expectations (which aren’t exactly high to begin with for the Eurozone)” reports forexlive.com. What it basically says is that Eurozone data disappointed heavily in Q1 to Q2 but held up in Q3 before disappointing expectations again in Q4: I don’t believe we’ve actually heard such exact words from any ECB speakers on the matter but this basically confirms that they may be looking into that…

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Economic parity between the sexes looks stagnant: report

“As artificial intelligence grows, the divide between the sexes in the field may widen, according to the report” writes Midwest Communications Inc for 95kqds.com. “The overall picture is that gender equality has stalled,” said Saadia Zahidi, head of social and economic agendas at the World Economic Forum (WEF).They often work as data analysts or researchers, while men find employment as heads of engineering and information technology, according to the report.Women saw gains this year in some measures of economic parity, such as income, but declines in access to healthcare and…

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Markets News Stocks 

World stocks slide as global growth worries deepen

“Oil prices extended losses on signs of oversupply in the United States and as investor sentiment remained under pressure from concern over global economic growth and fuel demand” writes Midwest Communications Inc for 95kqds.com. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 0.25 percent in early trade while Japan’s Nikkei tumbled 1.5 percent.TOKYO (Reuters) – Asian share markets stumbled on Tuesday as heightened concerns about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. Source: 95kqds.com Share This:

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