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Oct 30, 2013

Gerald Celente | Trends in the News October 30, 2013: Gerald Celente - Trends In The News - "Know Nothing World" - (10/29/1)

NYT | Asian Morning October 30, 2013: 12 Percent of U.S. Spice Imports Contaminated, F.D.A. Finds.

The New York Times
NYT Apps | Subscribe: Digital / Home Delivery

Wednesday, October 30, 2013

Top News
12 Percent of U.S. Spice Imports Contaminated, F.D.A. Finds

By GARDINER HARRIS

The imports, from places like India and Mexico, are contaminated with insect parts and salmonella.
Fed Maintains Stimulus, Awaiting Sustained Growth

By BINYAMIN APPELBAUM

The Federal Reserve said it would keep its campaign of asset purchases and low interest rates intact. The central bank's statement contained no surprises, and the stock market barely budged.
. Markets Close Lower After Fed Announcement
. Interactive  Interactive Graphic: Decoding the Fed's Statement
Essam el-Erian is a senior leader in the Muslim Brotherhood's political arm.
High-Ranking Muslim Brotherhood Leader Is Seized in Egypt

By DAVID D. KIRKPATRICK

The capture of Essam el-Erian, a political adviser to the ousted president, Mohamed Morsi, appears to complete the jailing of the organization's top leaders. 

Editors' Picks

OPINION | Op-Ed | Beppe Severgnini

Italy: The Nation That Crushes Its Young

By BEPPE SEVERGNINI

No other country in Europe spends so much on making its past comfortable -- at such cost to its future.

SCIENCE

Video Video: ScienceTake: What Makes Ticks Stick
Scientists studying ticks that carry Lyme bacteria wanted to know how these arachnids are able to stick so well to skin. The answer is a mouth that works like a ratchet.
World
Russia Denies Report It Spied on G-20 Officials

By JIM YARDLEY

It rejected an Italian newspaper's report that Russian spy agencies distributed special thumb drives to eavesdrop on participants at last month's meeting in St. Petersburg.
Center, Gen. Keith B. Alexander, N.S.A. director, and James R. Clapper Jr., director of national intelligence, at a House hearing.
Spying Known at Top Levels, Officials Say

By MARK LANDLER and MICHAEL S. SCHMIDT

The White House has long been aware in general terms of the National Security Agency's overseas eavesdropping, the nation's top spymaster told a House hearing on Tuesday.
Chancellor Angela Merkel of Germany, a trained scientist, is conflicted by the pitfalls and possibilities of digital technology.
As It Denounces U.S. Spying, Europe Delays Privacy Protection at Home

By ANDREW HIGGINS and JAMES KANTER

Germany's acquiescence in a British-led effort to freeze the privacy measures highlighted what appear to be contradictions between the verbal support for privacy among European leaders and their policy decisions.
For more world news, go to NYTimes.com/World
Business
Apostolis Kaparoudakis at the controls of the Athens radio station and cafe of which he was a founder.
Greeks Question Media, and New Voices Pipe Up

By RACHEL DONADIO

Amid the Greek financial crisis, small radio stations, magazines and websites take a bigger role in the nation's civic discussion.
Barclays Profit Rises to $1.2 Billion, But Fixed-Income Trading Slumps

DealBook

Barclays Profit Rises to $1.2 Billion, But Fixed-Income Trading Slumps

By CHAD BRAY

Barclays also became the latest bank to acknowledge that it had received inquiries from regulators investigating possible manipulation of foreign exchange markets.
For more business news, go to INYT.com/Business
Technology
Venture capitalists, accelerators and start-ups house five floors of a warehouse, called Block 71, in Singapore.

Bits Blog

In Singapore, Building Businesses for the Next Billion

By QUENTIN HARDY

While Silicon Valley concentrates on wealthy nations, start-ups and venture capitalists in places like Singapore are addressing far more diverse markets.
The new iPad Mini, left, and the iPad Air. The Air will have plenty of competition when it goes on sale on Friday morning.

State of the Art

Lighter and Faster, It's iPad Air

By DAMON DARLIN

The improvements on the new tablet are incremental, not revolutionary, but Apple still holds the edge compared with the other tablets on the market.
In addition to three of its most widely used products - Acrobat, ColdFusion and ColdFusion Builder - Adobe acknowledged that part of the source code for Photoshop, its widely used photo editing software, had also been taken.

Bits Blog

Adobe Hacking Attack Was Bigger Than Previously Thought

By NICOLE PERLROTH

The company said a tally of stolen usernames and passwords now tops 38 million records.

Sports
Manchester City's Yaya Touré, center, spoke with Kirill Nababkin of CSKA Moscow, left, during a  Champions League game in Moscow last week. Touré called on UEFA to take action against Moscow, saying he was subjected to racist chanting during the match.
Time for UEFA to Stand Up, Not Back Off

By ROB HUGHES

If Yaya Touré's allegations of racial abuse by fans in Moscow hold up, the ruling body of European soccer needs to stand up for human rights.
Alisa Kleybanova in Mason, Ohio, last summer. At No. 183, she is part of Russia's Fed Cup team.

On Tennis

On Road to Fed Cup Final, Top Russians Jump Off

By CHRISTOPHER CLAREY

Russia, once the dominant force in women's tennis, is playing the Fed Cup finals against Italy without any of its top-ranked players.
Members of the West Side Runners club awaiting the start of Grete's Great Gallop, a half marathon held every year in Central Park.
Marathon as Melting Pot

By LINDSAY CROUSE

The membership of West Side Runners, a top New York City running club, is made up of mostly working class immigrants who find marathons less of a trial than their hardscrabble lives.
. Photographs  Slide Show: Fast, Diverse, and Striving
For more sports news, go to INYT.com/Sports
U.S. News
Kathleen Sebelius, the health and human services secretary, spoke at a House hearing Wednesday on the troubled rollout of HealthCare.gov.
Sebelius Apologizes for Health Site's Malfunctions

By ROBERT PEAR

Kathleen Sebelius, the secretary of health and human services, said she was responsible for the HealthCare.gov "debacle."
President Obama boarded Air Force One before departing for Boston on Wednesday.
In Boston, Obama Points to a Health Law's Success

By MICHAEL D. SHEAR

President Obama spoke in Faneuil Hall, where the Massachusetts health plan was signed into law, and underscored similarities to the Affordable Care Act.
Opposition lawmakers and pundits have seized on the White House's explanations that Mr. Obama was unaware of problems to accuse him of being a

White House Memo

Where the Buck Stops, Some See a Bystander

By PETER BAKER

President Obama has been under fire for his seeming detachment from significant matters, like the rollout of the health insurance website and secret spying on allied heads of state.
For more U.S. news, go to NYTimes.com/US
Opinion
Thomas L. Friedman

Op-Ed Columnist

Meet the Makers

By THOMAS L. FRIEDMAN

From China to India to Lebanon, these college graduates are spreading education, one nation at a time.
. Columnist Page
T. M. Luhrmann

Op-Ed | T.M. Luhrmann

In the Presence of All Souls

By T. M. LUHRMANN

As many as 80 percent of those who lose loved ones report that they sense that person after death.
For more opinion, go to INYT.com/Opinion


GATA | THE GATA DISPATCH OCTOBER 30, 2013: Citigroup, JPMorgan Said to Put Senior Currency Dealers on Leave.

Citigroup, JPMorgan said to put senior currency dealers on leave

By Gavin Finch, Liam Vaughan, and Ambereen Choudhury
Bloomberg News
Thursday, October 31, 2013
http://www.bloomberg.com/news/2013-10-30/citigroup-jpmorgan-said-to-put-...
 
Citigroup Inc. and JPMorgan Chase & Co. are putting their top London currency dealers on leave after regulators probing the manipulation of foreign-exchange rates started investigating the traders use of an instant-message group, three people with knowledge of the moves said.

Rohan Ramchandani, Citigroup's head of European spot trading, was told today he will be placed on leave, said one of the people who asked not to be identified because he wasn't authorized to talk publicly. Richard Usher, JPMorgan's chief dealer in London, went on leave two weeks ago, said another person. Both are taking leave by mutual agreement with their employers and neither has been suspended, the people said.

 Standard Chartered Plc has also placed Matt Gardiner, its assistant chief dealer in the U.K. capital, on leave, a fourth person said yesterday. None of the traders has been accused of any wrongdoing.
Regulators are focusing on an instant-message group the traders set up to share information about their positions and client orders over a period of at least three years, four people with knowledge of the probe said this month. The roster of banks in the group changed as the men moved firms and also included Barclays Plc, Royal Bank of Scotland Group Plc, and UBS AG, three people with knowledge of the communications said.
Investigators are weighing whether the messages amounted to attempts to manipulate the market, two people said. The five firms account for about 47 percent of the $5.3 trillion-a-day foreign-exchange market, according to a May survey by Euromoney Institutional Investor Plc. Two other traders, who weren't part of the conversations and who asked to not be identified because they do business with those involved, said that they and others in the market referred to the message group as "The Cartel."
Ramchandani referred calls to Citigroup's press office, while Usher didn't respond to e-mails and a message left on his work telephone. Gardiner, who previously worked at Barclays and UBS and moved to London-based Standard Chartered in September, didnt respond to a message left on his mobile telephone. Sarah Small, Jenna Ward and Aurelie Leonard, spokeswomen for RBS, UBS and Barclays declined to comment. Jennifer Zuccarelli, a JPMorgan spokeswoman, and Jeffrey French, a Citigroup spokesman, said they couldnt comment.
RBS, Usher's employer before he joined JPMorgan in 2010, handed over his communications to regulators after concluding that he shared too much information about his positions with counterparts at other firms, two people said.
Usher and Ramchandani were members of the Bank of England's 27-member London Foreign Exchange Joint Standing Committee's subgroup of chief dealers as of December, according to the central banks bulletin for the second quarter. The group met three times last year to discuss matters including regulatory developments and market conditions, according to the bulletin. A Bank of England spokeswoman declined to comment.
Regulators in London and Zurich are probing the foreign-exchange market after Bloomberg News reported in June that dealers in the industry said they had been front-running client orders and attempting to rig the benchmark WM/Reuters rates by colluding with counterparts and pushing through trades before and during the 60-second windows when the benchmarks are set.
The data are collected and distributed by World Markets Co., a unit of Boston-based State Street Corp. and Thomson Reuters Corp. Bloomberg LP, the parent company of Bloomberg News, competes with Thomson Reuters in providing news and information as well as currency-trading systems.

The rates determine what many pension funds pay for their foreign exchange and are used by index providers such as FTSE Group to calculate indexes spanning multiple currencies. Index tracker funds, which buy and sell currencies at the 4 p.m. WM/Reuters rates, typically place their orders in the hour or so before the close, giving dealers a picture of their complete order book in advance of the so-called fix.

Because banks agree with clients to trade at the WM/Reuters rates, regardless of later moves, dealers are at risk of losses if the market moves against them.

Barclays and Frankfurt-based Deutsche Bank AG have said they're cooperating with regulators probing the foreign-exchange market, while Switzerland's UBS said yesterday it's taking measures against employees. The Zurich-based firm didnt identify or quantify the number of employees involved, or say what actions it took.

The U.S. Justice Department opened a criminal investigation of possible manipulation of the foreign-exchange market, a person familiar with the matter said on Oct. 11.

* * *

NYT | ALERT FGC BOLSA - FGC FINANCIAL MARKETS: Lackluster Economic Reports Underscore Fed’s Stand-Pat Decision.

The New York Times | MY ALERTS

FGC BOLSA- FGC FIN

Compiled: October 30, 2013 06:36:13 PM

Job growth slowed in October, and the Federal Reserve decided to maintain its $85 billion monthly bond-buying program.

DealBook P.M. Edition Ocober 30, 2013.


Wednesday, October 30, 2013
TOP STORY
Brazilian Energy Company OGX Files for Bankruptcy
Brazilian Energy Company OGX Files for Bankruptcy The filing was a stunning fall for the entrepreneur Eike Batista, who was once a symbol of Brazil's rapid rise as a global economic power.
  • DEALBOOK »
  •  
  • DEALBOOK HIGHLIGHTS
    Submit Your Questions for DealBook's Nov. 12 Conference
    Submit Your Questions for DealBook's Nov. 12 Conference Whether or not you attend the annual conference at our headquarters in New York, you can still ask questions of the executives, investors and policymakers.
    In Debt: Questions Remain About Unwinding Failing Financial Giants A proposal overcomes the obvious problems with orderly liquidation authority – but only by addressing the holding company, writes Stephen J. Lubben.
    Shares of Blackstone-Backed Real Estate Trust Rise in Debut The Brixmor Property Group sold more shares than it had expected in its initial public offering, reflecting strong demand from investors for commercial real estate.
    C.F.T.C. Approves New Rules for Futures Industry
    C.F.T.C. Approves New Rules for Futures Industry The commission voted 3 to 1 to finalize rules proposed a year ago to protect customers in the wake of the collapse of MF Global.
    Two Financial Advisers Accuse Twitter of Secondary Market Fraud
    Two Financial Advisers Accuse Twitter of Secondary Market Fraud Continental Advisors and the Precedo Capital Group contend they were promised up to $278 million worth of Twitter shares in part to increase the company's secondary market valuation.
    Pricewaterhouse to Buy Booz Consulting Firm
    Pricewaterhouse to Buy Booz Consulting Firm The accounting giant hopes to use the transaction to strengthen one of its faster-growing operations, but the combination could raise concerns about conflicts of interest.
    ING Moves Closer to Repaying State Aid
    ING Moves Closer to Repaying State Aid The financial services group said on Wednesday that it would pay 1.13 billion euros ($1.55 billion) to the Dutch government in November.
    Barclays Profit Rises to $1.2 Billion, But Fixed-Income Trading Slumps
    Barclays Profit Rises to $1.2 Billion, But Fixed-Income Trading Slumps Barclays also became the latest bank to acknowledge that it had received inquiries from regulators investigating possible manipulation of foreign exchange markets.
    Buzz Tracker






    Vanity Fair
    Vanity Fair Profile's 'Little Big Man' Loeb From Wall Street to Hollywood, everyone is crying foul at Daniel S. Loeb's nasty, personal attacks on chief executives and colleagues. The billionaire hedge fund manager's ultimate weapon may be that he doesn't care, William D. Cohan writes.



     

The Wall Street Journal | Most Active Closing October 30, 2013.

Most Actives Closing
Most Active Stocks by Volume
4:47 pm ET 10/30/2013
NYSE
Issue Volume Price Chg % Chg
Bank of America (BAC) 75,106,369 $14.17 0.02 0.14
Western Union (WU) 55,122,842 16.85 -2.39 -12.42
Sprint (S) 52,895,884 6.93 0.25 3.74
Teva Pharmaceutical Industries ADS (TEVA) 51,609,552 37.70 -3.32 -8.09
Nokia ADS (NOK) 50,321,138 7.62 0.17 2.28
General Motors (GM) 41,840,427 37.23 1.17 3.24
Ford Motor (F) 39,296,622 17.34 -0.17 -0.97
General Electric (GE) 39,253,878 26.37 0.16 0.61
J.C. Penney (JCP) 27,883,115 7.60 0.22 2.98
Rite Aid (RAD) 25,941,666 5.21 0.03 0.58
Brixmor Property Group (BRX) 24,026,958 20.40 0.40 2.00
Alcatel-Lucent ADS (ALU) 22,785,963 3.30 0.01 0.30
Barrick Gold (ABX) 22,709,313 20.50 0.73 3.69
Alcoa (AA) 22,495,929 9.46 -0.08 -0.84
Citigroup (C) 22,202,449 49.89 -0.33 -0.66
Pfizer (PFE) 22,167,291 30.93 -0.32 -1.02
AT&T (T) 21,605,507 36.26 -0.01 -0.03
Petroleo Brasileiro ADS (PBR) 19,609,176 17.45 0.12 0.69
EXCO Resources (XCO) 19,050,283 5.77 -0.82 -12.44
NQ Mobile ADS (NQ) 16,474,812 12.25 1.24 11.26
Cemex ADS (CX) 16,285,145 10.59 -0.37 -3.38
Advanced Micro Devices (AMD) 16,102,729 3.30 -0.03 -0.90
Regions Financial (RF) 16,013,122 9.54 0.04 0.42
JPMorgan Chase (JPM) 15,867,883 52.60 -0.13 -0.25
Wells Fargo (WFC) 15,677,458 43.10 0.14 0.33
Nasdaq
Issue Volume Price Chg % Chg
Facebook Cl A (FB) 83,147,977 $49.01 -0.39 -0.78
Sirius XM Radio (SIRI) 36,739,139 3.73 0.01 0.24
Microsoft (MSFT) 36,367,168 35.54 0.02 0.06
Micron Technology (MU) 31,714,785 17.39 -0.11 -0.60
PowerShares QQQ Trust Series 1 (QQQ) 31,122,902 82.98 -0.08 -0.10
Cisco Systems (CSCO) 29,573,455 22.70 -0.12 -0.53
Intel (INTC) 23,721,203 24.50 -0.03 -0.11
Zynga (ZNGA) 19,966,488 3.59 -0.10 -2.71
Flextronics International (FLEX) 17,176,565 7.87 -0.99 -11.14
Amarin ADS (AMRN) 17,121,183 1.81 -0.28 -13.60
Gilead Sciences (GILD) 16,483,523 72.67 3.17 4.56
21st Century Fox Cl A (FOXA) 15,951,985 33.94 -0.88 -2.54
Cirrus Logic (CRUS) 15,055,757 21.06 -3.36 -13.76
Groupon (GRPN) 14,852,837 9.14 -0.30 -3.16
Central European Media Enterprises Cl A (CETV) 14,749,508 2.82 -3.29 -53.85
Vodafone Group ADS (VOD) 14,225,332 36.32 -0.02 -0.06
Activision Blizzard (ATVI) 14,180,637 16.61 0.02 0.13
Yahoo! (YHOO) 14,131,377 32.57 -0.60 -1.81
Baidu ADS (BIDU) 14,021,864 164.93 5.52 3.47
American Capital Agency (AGNC) 13,830,442 21.54 -0.34 -1.53
Polycom (PLCM) 13,567,005 10.39 -0.18 -1.70
Ariad Pharmaceuticals (ARIA) 13,338,085 3.96 0.17 4.49
Comcast Cl A (CMCSA) 13,112,167 47.09 -0.62 -1.30
Electronic Arts (EA) 12,912,804 26.00 1.87 7.75
BlackBerry (BBRY) 12,362,201 8.14 -0.17 -2.10
NYSE Arca
Issue Volume Price Chg % Chg
SPDR S&P 500 ETF Trust (SPY) 124,577,455 $176.29 -0.88 -0.50
iShares MSCI Emerging Markets ETF (EEM) 53,742,751 42.90 -0.23 -0.54
Barclays Bank iPath S&P 500 VIX Short Term Futures ETN (VXX) 44,993,960 12.95 0.12 0.94
iShares Russell 2000 ETF (IWM) 42,932,022 109.83 -1.52 -1.37
Market Vectors ETF Trust Market Vectors Gold Miners (GDX) 40,386,544 26.23 0.45 1.73
Select Sector SPDR-Financial (XLF) 32,625,048 20.79 -0.09 -0.41
iShares MSCI Japan ETF (EWJ) 28,994,074 11.97 0.00 0.00
iShares China Large-Cap ETF (FXI) 23,425,058 37.54 0.51 1.38
Vanguard FTSE Emerging Markets ETF (VWO) 17,818,238 42.15 -0.21 -0.51
iShares MSCI EAFE ETF (EFA) 17,700,458 66.25 -0.24 -0.36
Direxion Daily Small Cap Bear 3x Shares (TZA) 13,380,894 20.40 0.78 3.98
Select Sector SPDR-Utilities (XLU) 12,289,672 38.92 -0.25 -0.65
Select Sector SPDR-Consumer Staples (XLP) 11,863,772 42.57 -0.37 -0.86
iShares Silver Trust (SLV) 11,278,771 21.88 0.19 0.88
Select Sector SPDR-Energy (XLE) 11,249,464 86.69 -0.59 -0.68
VelocityShares Daily Inverse VIX Short Term ETN (XIV) 11,245,315 28.85 -0.46 -1.57
iShares MSCI Brazil Capped ETF (EWZ) 11,177,140 50.93 -0.04 -0.08
Direxion Daily Small Cap Bull 3x Shares (TNA) 10,742,100 67.91 -2.91 -4.11
ProShares UltraShort S&P500 (SDS) 10,269,282 33.06 0.33 1.01
iShares 20+ Year Treasury Bond ETF (TLT) 9,796,289 107.41 -0.65 -0.60
SPDR Gold Trust (GLD) 8,807,183 129.60 -0.17 -0.13
Select Sector SPDR-Industrial (XLI) 8,796,437 48.61 -0.22 -0.45
Select Sector SPDR-Health Care (XLV) 8,221,187 52.98 -0.29 -0.54
SPDR S&P Oil&Gas Exploration&Production ETF (XOP) 7,923,789 70.53 -1.36 -1.89
ProShares Ultra S&P500 (SSO) 7,913,783 92.88 -0.97 -1.03
Composite
Issue Volume Price Chg % Chg
SPDR S&P 500 ETF Trust (SPY) 124,577,455 $176.29 -0.88 -0.50
Facebook Cl A (FB) 83,147,977 49.01 -0.39 -0.78
Bank of America (BAC) 75,106,369 14.17 0.02 0.14
Western Union (WU) 55,122,842 16.85 -2.39 -12.42
iShares MSCI Emerging Markets ETF (EEM) 53,742,751 42.90 -0.23 -0.54
Sprint (S) 52,895,884 6.93 0.25 3.74
Teva Pharmaceutical Industries ADS (TEVA) 51,609,552 37.70 -3.32 -8.09
Nokia ADS (NOK) 50,321,138 7.62 0.17 2.28
Barclays Bank iPath S&P 500 VIX Short Term Futures ETN (VXX) 44,993,960 12.95 0.12 0.94
iShares Russell 2000 ETF (IWM) 42,932,022 109.83 -1.52 -1.37
General Motors (GM) 41,840,427 37.23 1.17 3.24
Market Vectors ETF Trust Market Vectors Gold Miners (GDX) 40,386,544 26.23 0.45 1.73
Ford Motor (F) 39,296,622 17.34 -0.17 -0.97
General Electric (GE) 39,253,878 26.37 0.16 0.61
Sirius XM Radio (SIRI) 36,739,139 3.73 0.01 0.24
Microsoft (MSFT) 36,367,168 35.54 0.02 0.06
Select Sector SPDR-Financial (XLF) 32,625,048 20.79 -0.09 -0.41
Micron Technology (MU) 31,714,785 17.39 -0.11 -0.60
PowerShares QQQ Trust Series 1 (QQQ) 31,123,202 82.98 -0.08 -0.10
Cisco Systems (CSCO) 29,573,455 22.70 -0.12 -0.53
iShares MSCI Japan ETF (EWJ) 28,994,074 11.97 0.00 0.00
J.C. Penney (JCP) 27,883,115 7.60 0.22 2.98
Rite Aid (RAD) 25,941,666 5.21 0.03 0.58
Brixmor Property Group (BRX) 24,026,958 20.40 0.40 2.00
Intel (INTC) 23,721,203 24.50 -0.03 -0.11
Footnotes
Includes common, closed end funds, ETFs, ETNs and REITS
x - stock is trading ex-dividend
Source: WSJ Market Data Group