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Aug 29, 2015

Keiser Report: BP settlements and Uber’s profit (E802): RT Keiser Report - Originally Published on August 27, 2015.

Keiser Report: BP settlements & Uber’s profit (E802)

RT RT
Published on Aug 27, 2015
In this special episode of the Keiser Report from the Gulf Coast of Florida, Max Keiser and Stacy Herbert discuss BP settlements, fracking abandonments and Uber’s balance sheet. In the second half, Max interviews ‘America’s Lawyer’ Mike Papantonio about Loretta Lynch, Eric Holder and the failure of the left

Reuters: South Africa to promote platinum as central bank reserve asset: GATA | THE GATA DISPATCH - August 29, 2015.

Reuters: South Africa to promote platinum as central bank reserve asset

Submitted by cpowell on  Saturday, August 29, 2015.  So why haven't they figured this out for gold too? Are there no patriots in South Africa's government?
* * *
South African Mine Industry Job Plan Targets Platinum as Central Bank Reserve Asset
By Ed Stoddard
Reuters
Wednesday, August 26, 2015

JOHANNESBURG, South African -- South Africa's mining industry, unions, and the government have committed to a broad plan to stem job losses, including boosting platinum by promoting the metal as a central bank reserve asset, according to a draft agreement seen by Reuters on Wednesday.
The parties also said they would strive to delay layoffs, sell distressed mining assets instead of closing them, and look at ways of streamlining the legal process employers must follow to cut jobs.
The mining industry, which contributes around 7 percent to Africa's most developed economy, is struggling with sinking commodity prices, rising costs, and labor unrest, forcing a number of companies into mine closures and layoffs.

Speech by Vice Chairman Fischer on U.S. inflation developments: FRB Notification - August 29, 2015.



Vice Chairman Stanley Fischer

At the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming

August 29, 2015

U.S. Inflation Developments

I am delighted to be here in Jackson Hole in the company of such distinguished panelists and such a distinguished group of participants.
I will focus my remarks today on forces--domestic and international--that have been holding down inflation in the United States,1 and some of the consequences of recent--primarily international--developments.