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Sep 8, 2015

Legality of drones in Syria - BBC Newsnight - Published on Sep 8, 2015.

Legality of drones in Syria - Newsnight

BBC Newsnight BBC Newsnight
 
Published on Sep 8, 2015
Sir William Patey, the former UK Ambassador to Afghanistan; Andrew Mitchell, former International Development Secretary; and from Dorset Nicholas Mercer who in 2003 was the Command Legal Adviser for British forces in Iraq - all talk to Kirsty Wark about the use of drones in Syria.

Keiser Report: Zombie Economies (E807) (ft. Gerald Celente) - RT Keiser Report - September 8, 2015.

Keiser Report: Zombie Economies (E807) (ft. Gerald Celente)

RT RT
 
Published on Sep 8, 2015
In this special episode of the Keiser Report from New York, Max Keiser and Stacy Herbert discuss the global economy as a film that only Wes Craven could have directed with zombie factories and zombie banks terrify investors and politicians alike. In the second half, Max continues his interview with Gerald Celente about volatile markets and zombie economies.

Times Video September 8, 2015.

The New York Times NYTIMES.COM/VIDEO »
Tuesday, September 8, 2015

Health

Parents of children with RCDP, a very rare, terminal form of dwarfism, hope a potential new drug originally developed to treat Alzheimer's will help their kids, too.
VideoIcon Watch »

International

In Beijing, 12,000 troops staged a celebration of the 70th anniversary of the end of World War II.
VideoIcon Watch »

Science - ScienceTake

Drinking nectar requires a tongue that fits the flower and works like a pump.
VideoIcon Watch »

Abbott expected to confirm Syrian airstrikes and a refugee package – politics live: The Guardian - Australian Politics.

Australian politics
Wednesday 09 Sep 2015
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Latest More »

The prime minister is expected to approve military action and a humanitarian response to the Syrian refugee crisis after cabinet deliberations this morning. Abbott then leaves for the Pacific Island Forum, where climate change will be on the agenda. All the developments from Canberra, live
Labor’s candidate brushes off Julie Bishop’s ‘hipster lawyer’ jibe with a pitch to voters that emphasises local issues and a plan for tackling ice addition

SEC Charges Video Management Company Executives With Accounting Fraud: SEC Enforcement Action - September 8, 2015.

SEC Seal The Securities and Exchange Commission today announced accounting fraud charges against two former top executives of a now-bankrupt online video management company, accusing them of falsifying financial statements to make the company appear more profitable than it was in reality.
The SEC alleges that then-CEO Kaleil Isaza-Tuzman and then-CFO Robin Smyth employed a variety of schemes to manipulate KIT Digital’s books and mislead investors, including an off-the-books slush fund used to generate payments back to the company and create the false appearance that KIT Digital was being paid for its products.

CMI Spot Prices as of Close of Trading in New York on September 8, 2015.

Spot Prices as of traditional New York closing times

Tuesday, September 08, 2015


Gold

Today Change Week Ago Month Ago Year Ago
$1,122.50 -$0.30 $1,141.20 $1,095.70 $1,248.85

Silver

Today Change Week Ago Month Ago Year Ago
$14.78 +$0.19 $14.65 $14.86 $18.94

Platinum

Today Change Week Ago Month Ago Year Ago
$1,005.20 +$11.20 $1,010.90 $964.20 $1,389.20

Palladium

Today Change Week Ago Month Ago Year Ago
$589.25 +$8.30 $581.80 $601.00 $865.90

Gold/Silver Ratio

75.95

DealBook P.M. Edition - September 8, 2015:Top Story: Media General to Buy Meredith Corporation for $2.4 Billion.

 
Tuesday, September 8, 2015
TOP STORY
The combined will include a number of well-known magazines aimed at women, including Martha Stewart Living.
Media General to Buy Meredith Corporation for $2.4 Billion The combined company will reach 30% of American TV households and will include a number of well-known magazines aimed at women.

G.19 Consumer Credit: FRB Notification - September 8, 2015.



In July, consumer credit increased at a seasonally adjusted annual rate of 6-3/4 percent. Revolving credit increased at an annual rate of 5-3/4 percent, while nonrevolving credit increased at an annual rate of 7 percent.
Consumer Credit Outstanding 1
Seasonally adjusted. Billions of dollars except as noted.

Starting soon: Start with Security: FTC Business Blog - September 8, 2015.

Bureau of Consumer Protection Business Center Blog Updates from the Federal Trade Commission
Starting soon: Start with Security

By Lesley Fair
 
The FTC’s first Start with Security conference – the latest in a line of initiatives emphasizing the importance of data security – kicks off on Wednesday, September 9th, in San Francisco in cooperation with UC Hastings College of the Law. Not able to be there in person? Don’t worry. You won’t be left sitting on the dock of the bay. You can watch the webcast from your desk. In addition, the FTC has a new resource for companies interested in starting with security.
Read more >

SEC Litigation Release - September 8, 2015: SEC Enforcement Action.


 SEC Seal

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 23335 / September 8, 2015

Securities and Exchange Commission v. Edward DiMaria and Matthew Gamsey, Civil Action No. 1:15-cv-07035 (S.D.N.Y., filed September 8, 2015)

SEC Charges Bankrate and Former Executives with Accounting Fraud

The Securities and Exchange Commission ("Commission") today announced that Bankrate Inc. has agreed to pay $15 million to settle accounting fraud charges. Three former executives also are charged in the case that involves fraudulent manipulation of the company's financial results to meet analyst expectations.

Dow Jumps 390 points In Second-Biggest Gain of 2015: Wall Street at Close Report on September 8, 2015.

marketwatch.com

Dow jumps 390 points in second-biggest gain of 2015

Mark DeCambre, Anora Mahmudova
U.S. stocks ended sharply higher Tuesday with the main indexes posting their second-largest daily gains of the year.
Stocks rebounded from last week’s rout as investment funds repositioned their portfolios in the wake of the Labor Day holiday and market participants were cheered by rising expectations for additional economic stimulus measures by Chinese authorities.

The S&P 500 SPX, +2.51%  closed 48.19 points, or 2.5%, higher at 1,969.41, with all 10 main sectors finishing sharply higher. Among the 502 issues on the S&P 500, only 11 ended in negative territory. Health-care and technology sectors led the gain, advancing 2.9% and 2.8%, respectively.
The Dow Jones Industrial Average DJIA, +2.42%  jumped 390.30 points, or 2.4%, to 16,492.68, with all of its 30 components closing in positive territory, led by General Electric GE, +4.00% up 4% on news that European Union is set to approve its $17 billion acquisition of Alstom SA’s ALO, +1.40%  power business.

FDIC Office of Inspector General Report Update - September 8, 2015:

 FDIC

FDIC Office of Inspector General Reports

The following reports were recently posted to the Federal Deposit Insurance Corporation’s (FDIC) Office of Inspector General (OIG) Web site: www.fdicig.gov.


If you have questions or need additional information, please contact the OIG.

Drone strikes in Syria must have independent scrutiny and transparency: The Best of The Guardian Opinion - September 8, 2015.

The best of Guardian opinion
Tuesday 08 Sep 2015
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Today's opinion articles More »

SEC Charges Three RMBS Traders With Defrauding Investors: SEC Enforcement Actions - September 8, 2015.

SEC Seal The Securities and Exchange Commission today announced fraud charges against three traders accused of repeatedly lying to customers relying on them for honest and accurate pricing information about residential mortgage-backed securities (RMBS).
The SEC alleges that Ross Shapiro, Michael Gramins, and Tyler Peters defrauded customers to illicitly generate millions of dollars in additional revenue for Nomura Securities International, the New York-based brokerage firm where they worked.  They misrepresented the bids and offers being provided to Nomura for RMBS as well as the prices at which Nomura bought and sold RMBS and the spreads the firm earned intermediating RMBS trades.  They also trained, coached, and directed junior traders at the firm to engage in the same misconduct.

Federal Reserve Board issues termination of enforcement action: FRB Press Release - September 8, 2015



Press Release

Release Date: September 8, 2015

The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below:
First National Community Bancorp, Inc., Dunmore, Pennsylvania
Written Agreement issued November 24, 2010
Terminated September 2, 2015

Search of Federal Reserve enforcement actions.
For media inquiries, call 202-452-2955.
 
Last update: September 8, 2015

U.S. exports of goods and services increased to $188.5 billion in July from $187.7 billion in June. The total trade deficit improved by 7.4 percent in July to $41.9 billion: ESA | International Trade in Goods and Services in July 2015 Statement.

ESA Overlay Banner


09/03/2015

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the July 2015 U.S. International Trade in Goods and Services data. U.S. exports of goods and services increased to $188.5 billion in July from $187.7 billion in June. The total trade deficit improved by 7.4 percent in July to $41.9 billion. Exports of financial services; other business services; telecommunications, computers, and information services; as well as insurance services all reached records highs in July.
Economics & Statistics Administration

SEC Charges Bankrate and Former Executives With Accounting Fraud: SEC Enforcement Actions - September 8, 2015.

SEC Seal

The Securities and Exchange Commission today announced that Bankrate Inc. has agreed to pay $15 million to settle accounting fraud charges.  Three former executives also are charged in the case that involves fraudulent manipulation of the company’s financial results to meet analyst expectations.
The SEC alleges that Bankrate’s then-CFO Edward DiMaria, then-director of accounting Matthew Gamsey, and then-vice president of finance Hyunjin Lerner engaged in a scheme to fabricate revenues and avoid booking certain expenses to meet analyst estimates for a key financial metric: adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA).  Bankrate consequently overstated its second quarter 2012 net income.  Bankrate’s stock rose when the company announced the inflated financial results, and DiMaria allegedly proceeded to sell more than $2 million in company stock.

FDIC Financial Institution Letter - September 8, 2015: Final Rule: Military Lending Act.

FDIC

Financial Institution Letter

Final Rule: Military Lending Act FIL-37-2015
9/8/2015
Summary:
The Department of Defense (DOD) issued a final rule amending the implementing regulations of the Military Lending Act of 2006 (MLA). The final rule expands specific protections provided to service members and their families under the MLA and addresses a wider range of credit products than the DOD's previous regulation. FDIC-supervised institutions and other creditors must comply with the rule for new covered transactions beginning October 3, 2016. For credit extended in a new credit card account under an open-end consumer credit plan, compliance is required beginning October 3, 2017.
Statement of Applicability to Institutions Under $1 Billion in Total Assets: This Financial Institution Letter applies to all FDIC-supervised financial institutions.


Complete Financial Institution Letter: http://www.fdic.gov/news/news/financial/2015/fil15037.html

Europe Ends Higher on Strong Data; Amlin Soars 33%: European Markets at Close Report on September 8, 2015.

cnbc.com

Europe ends higher on strong data; Amlin soars 33%

Alexandra Gibbs, Arjun Kharpal, Holly Ellyatt
 
European equities closed strongly higher on Tuesday, buoyed by positive data out of Europe, while shaking off weak data from China which had caused volatility in Asian markets.
The pan-European STOXX 600 pared earlier gains, yet finished the day on a high, up 1.2 percent. London's FTSE 100 ended 1.2 percent higher, while the French CAC followed suit, closing 1.1 percent up.
The German DAX pared earlier gains, yet closed 1.6 percent up, after trade surplus data from the euro zone's largest economy hit its highest on record, suggesting strong demand for German goods.



 


FTSE FTSE 100 Index 6146.10
71.58 1.18% 678287625
DAX DAX Index 10271.36
162.75 1.61% 99156012
CAC 40 CAC 40 Index 4598.26
48.62 1.07% 103056434
IBEX 35 IBEX 35 Idx 9866.20
60.80 0.62% 222434109
On top of Germany's successful data, new data from the European Union's statistics office, Eurostat, showed that the euro zone economy had grown faster than expected in the second quarter, with its gross domestic product up 1.5 percent year-on-year versus a previous reading of 1.2 percent.

Consequently, prices in brent crude traded higher on the news, last standing at $49.36. However, U.S. crude traded lower, at $46.05.

RT Crew Caught in Crossfire in Western Syria: RT News

RT crew caught in crossfire in western Syria

RT RT

Published on Sep 8, 2015
An RT crew filming on location in western Syria found itself in the midst of a live firefight as government forces and their allies were driving rebels out of the city of Zabadani. READ MORE: http://on.rt.com/6qt4


Putin aide's advice: Default on foreign debt, put reserves into gold and BRICs bonds: GATA | THE GATA DISPATCH - September 8, 2015.

Putin aide's advice: Default on foreign debt, put reserves into gold and BRICs bonds

Submitted by cpowell on September 8, 2015 Tuesday, September 8, 2015

Russia's government long has understood gold's secret power over the international monetary system. In an address in June 2004 at the summer meeting of the London Bullion Market Association at the Kempinsky Hotel in Moscow, the Russian central bank's deputy chairman, Oleg Mozhaiskov, spoke only four words in English: "Gold Anti-Trust Action Committee":