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Sep 23, 2013

Simmon Johnson. too Big to Fail an the Sate of Finance Today: INET Economics.

INETeconomics INETeconomics

Voyager Leaves the Solar System: Space Rip Uploaded on September 20th, 2013.

Economix Shutdown vs. Default: The Relative Impact: NYT | ALERT FGC BOLSA - FGC FINANCIAL MARKETS SEPTEMBER 23, 2013.

The New York Times | MY ALERTS

FGC BOLSA- FGC FIN

Compiled: September 23, 2013 05:08:35 PM

Economix

Shutdown vs. Default: The Relative Impact
Economists warn against equating the prospects of a budget impasse and a failure to raise the debt ceiling, saying the latter would be much worse for the economy.

The Economist | Selected New Articles September 23, 2013: Germany’s election, vengeful football ers and the prospects for life on Mars




Monday September 23rd 2013
Editor's picks

A selection of new stories from Economist.com
Charlemagne: Who's in the Haus?
Democracy in America: Guns and coffee
Game theory: Vengeance is mine


Charlemagne:
Who's in the Haus?
With new political alliances possible, we present an interactive guide to Germany's coalition options
READ MORE »
Democracy in America:
Guns and coffee
Starbucks angers gun enthusiasts by asking them to keep out of its coffee-shops
READ MORE »
Game theory:
Vengeance is mine
In football, former players always seem to come back to haunt the clubs they leave
READ MORE »
Free exchange:
When did globalisation start?
Economists argue about whether it began 20, 200 or 2,000 years ago
READ MORE »
Babbage:
Sorry, David Bowie
Unfortunately for alien-hunters, there seems to be no methane on Mars
READ MORE »

Click Here!

BIV Today's Business News September 23, 2013: No global players bidding on Canadian wireless spectrum



Technology

No global players bidding on Canadian wireless spectrum

None of the big four American telecoms has entered a bid on the 700 megahertz spectrum auction – meaning Canadians will continue to suffer from a lack of competition ... READ MORE

Transportation

 

Christy Clark promises bridge to replace Massey tunnel

One of the Lower Mainland's biggest bottlenecks, the George Massey Tunnel, will be replaced by ... READ MORE

Politics and Policy

 

Clark announces plans
to spread LNG wealth
at UBCM

Premier Christy Clark pledged to help B.C. communities prepare for LNG, and announced crime-reduction and ... READ MORE

Law

 

Goldcorp chair reprimanded,
settles with OSC

The Ontario Securities Commission announced September 20 that it has approved a settlement agreement with Goldcorp chair Ian Telfer, who admitted ... READ MORE

More News...

   

Worker absenteeism costing economy billions: Conference Board of Canada

Dredging Lower Fraser River must
be priority for federal government:
experts

Canada is going cashless: MasterCard

This Week's Issue

 

Seniors generate
electricity with
$1.8 million roof

Surrey’s MSR Innovations aiming to capitalize on the growing solar skin market ... READ MORE

CMI | Spot Prices as of Close Trading in NewYork September 23, 2013.






Spot Prices as of close of trading in New York
Monday, September 23, 2013
Updated 9/23/2013 Today Change Week Ago Month Ago Year Ago
GOLD $1,328.05 -$5.10 $1,319.05 $1,397.65 $1,777.10
SILVER $21.86 -$0.06 $22.01 $23.81 $34.68
PLATINUM $1,428.80 -$6.40 $1,443.20 $1,544.40 $1,640.90
PALLADIUM $718.25 -$5.75 $709.10 $754.60 $675.00
GOLD/SILVER RATIO 60.76

NYT | Global Update September 23, 2013: Kenyan Forces Push Assault as Mall Standoff Continues

The New York Times International Herald Tribune
September 23, 2013
Compiled 20:45 GMT

Global Update


TOP NEWS

Kenyan Forces Push Assault as Mall Standoff Continues

By JEFFREY GETTLEMAN and NICHOLAS KULISH
Gunshots and explosions emanated from the beleaguered Westgate mall in Nairobi on Monday morning after Kenyan forces moved in for a major assault against heavily armed Islamist militants.

Egyptian Court Bans Muslim Brotherhood

By DAVID D. KIRKPATRICK
A Cairo court ordered the confiscation of the group's assets, sharply escalating a crackdown on its membership.

A New U.S. Player, Put on World Stage by Syria

By SHERYL GAY STOLBERG
Samantha Power, the American ambassador to the United Nations, will be on the spot as her performance at the General Assembly this week will help determine the country's future course in Syria.

Science

Video: ScienceTake: Bacteria's Private Line

The first of our new ScienceTake series examines how a kind of bacteria can organize coordinated, wavelike attacks on prey using a stealth communication system.
Opinion

Op-Ed Contributor

Give Iran a Chance

By HOOMAN MAJD
It would be a tragedy if Presidents Rouhani and Obama fail to seize this rare moment at the United Nations.
WORLD

Iranian Official to Meet Major Powers on Nuclear Dispute

By SOMINI SENGUPTA and RICK GLADSTONE
Iran's new foreign minister is to meet with the five permanent Security Council members and Germany this week at the United Nations, according to their envoy.

Re-election in Hand, Merkel Moves to Form New German Government

By ALISON SMALE and JACK EWING
Fresh off a commanding election victory, Chancellor Angela Merkel and her Christian Democrats took early steps toward forming a new government.

Rebels View Coalition Leadership Outside Syria as Detached From the Suffering

By KAREEM FAHIM
While the main opposition group's leaders shuttle among fancy hotels, they seem increasingly powerless to affect the course of the war.
BUSINESS
DealBook

BlackBerry Reaches $4.7 Billion Deal to Go Private

By DAVID GELLES and IAN AUSTEN
BlackBerry said that it had reached an agreement to sell the company for $9 a share to a group led by Fairfax Financial Holdings.

Hostels Gain Popularity With Business Travelers

By TANYA MOHN
Hostels, long associated with backpackers and students, have gone upscale and now attract business travelers, especially young ones on tight budgets.

Strong Chinese Manufacturing Data Points to Turnaround

By BETTINA WASSENER
The initial HSBC purchasing managers index for September shows expansion accelerating to a six-month high.
TECHNOLOGY

For 2nd Generation of Surface, Tweaks From Microsoft

By NICK WINGFIELD
The Surface, which has sold poorly compared with the Apple iPad, will undergo only subtle adjustments, a sign that Microsoft still believes in its vision for the device.
Bits Blog

Apple Sells Nine Million New iPhones

By BRIAN X. CHEN
That compares to five million iPhone 5 smartphones sold last year in the first weekend that device went on sale. But this year, for the first time, two models went on sale at once.
Bits Blog

Is Maker Faire Made for Kids?

By AMY O'LEARY
At events that show off the work of homespun inventors, children are increasingly present, raising the question of whether family friendliness dilutes the spirit of the festival.
SPORTS

America's Cup Turns Into Battle as Oracle Wins Fourth Straight Race

By CHRISTOPHER CLAREY
Team New Zealand's lead, once a seemingly impregnable 8-1, has been whittled to 8-5, and this regatta, originally scheduled to end no later than Sunday, is now extending into uncharted waters.

In Singapore Grand Prix, It's All Vettel

By BRAD SPURGEON
There was no question about who was No. 1 in the Formula One race in Singapore on Sunday. Sebastian Vettel of Red Bull won by 32.6 seconds.

A Rebuilt Sunderland Needs to Be Rebuilt Again

By ROB HUGHES
Paolo Di Candio came in as manager near the end of last season and has since overhauled Sunderland's roster. The result? A club mired in last place.
U.S. NEWS

In the Shadow of 'Old Smokey,' a Toxic Legacy

By NICK MADIGAN
Years after a trash incinerator stopped operating in the West Grove neighborhood, its legacy might be more ominous than soiled laundry: contaminants like arsenic remain in the soil.

Illegal Immigrant Population Shows Some Signs of Growth, Estimates Show

By JULIA PRESTON
About 11.7 million immigrants are living in the United States illegally, a population that showed signs recently of increasing again, according to a new report by the Pew Research Center.

Military Lags in Push for Robotic Ground Vehicles

By JOHN MARKOFF
Amid spending cuts, the United States military, which helped kick-start the technology for self-driving cars, has remained focused on unmanned aerial vehicles.
OPINION
Op-Ed Columnist

Merkel the Great

By ROGER COHEN
Behind her face-in-the crowd demeanor, the chancellor has changed Germany - and Europe - more than people acknowledge.
Op-Ed Columnist

Free to Be Hungry

By PAUL KRUGMAN
Conservatives' obsession with food stamps is just plain cruel.

Bloomberg Daily September 23, 2013: Wal-Mart Will Add 70,000 Jobs


Trouble reading? Web version

Businessweek Daily Arrow Decoration Arrow Decoration Businessweek Daily


Wal-Mart Will Add 70,000 Jobs

The country's largest private employer just got bigger. It will add 35,000 full-time positions and another 35,000 part-time jobs, and plans to hire 55,000 seasonal workers for the holidays. Susan Berfield explains why.

SAC Initiates Settlement Talks With the Government

Steve Cohen is interested in settling the civil and criminal charges against him and against SAC Capital, reports Sheelah Kolhatkar. The question is, how big will the fine be?

Two Reasons Apple Sold 9 Million iPhones This Weekend: A Haiku

Well, thank you China! / Consumer psychology / doesn't hurt either.

Fear of Flops Is Making Disney Cautious

New strategy: More sequels, less Bruckheimer. Hard to say who comes out ahead.

The Lamborghini Aventador Sits Just 4.2 Inches Off the Ground

Which is not a problem, except in India, where the luxury carmaker just opened its second dealership - and the pock-marked roads are notoriously terrible. That's a very, very expensive kachunk-kachunk sound.

These Colorado Slaughterhouse Photos by Balazs Gardi Are Just Amazing

01_GB_USA_13_0079.jpg
Photograph by Balazs Gardi for Bloomberg Businessweek