Search This Blog


Search Tool

Dec 28, 2015

The Guardian | World | Iran - December 28, 2015. Iran Ships 25,000lb of Low-Enriched Uranium To Russia as Part of Nuclear Deal.

Iran ships 25,000lb of low-enriched uranium to Russia as part of nuclear deal

David Smith
A ship carrying 25,000lb (11,000kg) of low-enriched uranium left Iran for Russia on Monday, marking one of the most vital steps yet in a high-stakes deal to deny Iran a nuclear weapon.
“I am pleased to report that we have seen important indications of significant progress towards Iran completing its key nuclear commitments under the deal,” Secretary of State John Kerry said.

The Guardian | Editorial - December 28, 2015: The Guardian View on The recapture of ramadi: hard, But There is Harder Still to Come.

The Guardian view on the recapture of Ramadi: hard, but there is harder still to come | Editorial

Iraq’s flag flies over Ramadi again. Never mind that it is the flag of a divided and weakened country which may or may not ever again be a united nation in the sense that it once was. Nor that Ramadi itself is no great prize. It was badly damaged in the fighting that preceded its seizure by Islamic State forces in May, much of what was left has been destroyed during the campaign to recapture the city, and some areas may still be under Isis control. Bringing back its displaced population will be difficult and reviving the wider economy of its hinterland even harder. Nor can a fresh Isis takeover be ruled out, as Hoshiyah Zebari, an Iraqi minister, warned after news of the victory reached Baghdad.

The Guardian | World | Middle East | Iraq - December 28, 2015: Iraq Declares Ramadi Liberated From Islamic State.

Iraq declares Ramadi liberated from Islamic State

Kareem Shaheen
Iraq has declared the city of Ramadi liberated from the control of Islamic State and raised the national flag over its government complex after clinching what would be a key victory against the jihadis.
Fighters brandishing rifles danced in the Anbar provincial capital as top commanders paraded through the streets after recapturing the city they lost to Isis in May.

The Guardian | World | Australia | Labor Party - December 28, 2015: Labor Overhauls Social Policy - With a Little Help From Tony Abbott.

Labor overhauls social policy – with a little help from Tony Abbott

Gabrielle Chan
Labor’s review of social policy will propose a complete overhaul of government “investment and support” early next year, based on six key areas and designed with the unlikely help of Tony Abbott.
Led by senior frontbencher Jenny Macklin, Labor has settled on “six pillars” of social policy:

WSJ | Forex Closing on December 28, 2015.

The Wall Street Journal Forex Closing
Major Currencies
Monday, December 28, 2015

WSJ | Major Indexes Closing on December 28, 2015.

The Wall Street Journal Major Indexes Closing
Major Indexes 5:45 p.m. EST 12/28/15

SEC Press Release - December 28, 2015: Traders in China and Hong Kong Paying $920,000 to Settle Insider Trading Case.

 SEC Seal
The Securities and Exchange Commission today announced that two traders in China and Hong Kong have agreed to pay more than $920,000 to settle an insider trading case against them.

WSJ | Biggest Decliners Closing on December 28, 2015.

NYSE Biggest Percentage Decliners | Nasdaq | Arca | Composite

WSJ | Most Actives Closing on December 28, 2015.

The Wall Street Journal Most Actives Closing
Most Active Stocks by Volume
4:31 pm ET 12/28/2015

WSJ | Biggest Gainers Closing on December 28, 2015.

The Wall Street Journal Biggest Gainers Closing
Biggest Gainers
4:46 pm ET 12/28/2015

CMI Spot Prices as of Close of Trading in New York on December 28, 2015:

CMI Gold & Sliver

Spot Prices as of traditional New York closing times

Monday, December 28, 2015


Wall Street at Close Report by CNBC on December 28, 2015: Stocks Close Lower as Energy Weighs; S&P 500 Back in Red for 2015.

Stocks close lower as energy weighs; S&P 500 back in the red for 2015

Evelyn Cheng
U.S. stocks closed lower in light volume trade Monday, the start to the last trading week of the year, as a renewed slide in oil prices weighed.
Amazon and Disney rose more than 1 percent in afternoon trade to help consumer discretionary gain as one of a few sector advancers in the S&P 500.

FTC News and Events - December 28, 2015: FTC Issues Final Amendments to Fuel Rating Rule

FTC@100 Banner

The Federal Trade Commission has announced final amendments to its Fuel Rating Rule.
The Rule determines the fuel rating that appears on fuel pump labels, how octane levels are calculated, and helps drivers make informed decisions about what fuel to use when they fill up their vehicles.

NYT | Opinion Pages - December 28, 2015: $250,000 a Year Is Not Middle Class

$250,000 a Year Is Not Middle Class

Bryce Covert
HILLARY CLINTON has vowed not to raise taxes on the middle class.
It’s a pledge that has worked well for others on the campaign trail before her, a resonant assurance to voters who saw themselves as middle class or aspired to be. But it’s a bad promise.

FDIC Weekly National Rates and Rate Caps Update - December 28, 2015.


FDIC Weekly National Rates and Rate Caps Update

On May 29, 2009, the FDIC Board of Directors approved a final rule making certain revisions to the interest rate restrictions applicable to less than well capitalized institutions under Part 337.6 of the FDIC Rules and Regulations. The final rule redefined the "national rate" as a simple average of rates paid by U.S. depository institutions as calculated by the FDIC. The national rates and rate caps for various deposit maturities and sizes are provided below.

GATA | THE GATA DISPATCH - December 28, 2015: Bitcoin's Back: Big Year for Controversial Digital Currency.

Bitcoin's back: Big year for controversial digital currency

Submitted by cpowell on December 28, 2015.. By Eric Rosenbaum, New York
Monday, December 28, 2015

The U.S. dollar has had a nice run. It has been the talk of global currency trading all year long.
And why not? After years of a weak greenback due to dovish Federal Reserve policy, the Dollar Index has extended big 2014 gains, up nearly 9 percent against a basket of major world currencies this year. Some individual currency trades, like USD/Brazil Real, have netted currency investors huge returns.

SEC Litigation Release - December 28, 2015: New Stream Capital, LLC, et al.

SEC Seal


Litigation Release No. 23440 / December 28, 2015

Securities and Exchange Commission v. New Stream Capital, LLC, et al, Civil Action No. Civil Action No. 3:13cv264 (JCH)(D. Conn.)

Former Connecticut Hedge Fund Executives Settle SEC Action

European Markets at Close Report by CNBC on December 28, 2015: Europe Finishes Lower in Thin trade; Oil Stocks Slip.

Europe finishes lower in thin trade; oil stocks slip

Alexandra Gibbs, Holly Ellyatt
European equities finished lower on the first day of the final week of 2015, as oil prices fell during a thin trading session.

SEC Press Release - December 28, 2015: SEC Issues Annual Staff Reports on Credit Rating Agencies

 SEC Seal

The Securities and Exchange Commission today issued its two annual staff reports on credit rating agencies registered as nationally recognized statistical rating organizations (NRSROs).  The reports show that NRSROs have made operational improvements and have enhanced process accountability, controls and governance, and that smaller NRSROs have made competitive inroads in certain rating categories.

Bits | The Business of Technology - December 28, 2015: The Financial Challenge When Free is the Norm

The New York Times

Daily Report
Daily Report: The Financial Challenge When Free is the Norm | India may be the next great frontier for American technology companies.
Facebook has embarked on an ambitious - and controversial - effort to expand access to the Internet among India's population. Google, Microsoft and others are also eying expansion on the subcontinent.

FDIC Press Release - December 28, 2015: FDIC Makes Public November Enforcement Actions.


Press Release

FDIC Makes Public November Enforcement Actions;

No Administrative Hearings Scheduled for January 2016

December 28, 2015
Media Contact:
David Barr
Office: (202) 898-6992
The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in November. No administrative hearings are scheduled for January 2016.

The Guardian | Environment | Flooding - December 28, 2015: UK Flood Costs 'Could be Higher Than £5bn'

UK flood costs 'could be higher than £5bn'

Simon Goodley
The cost of the winter floods across the UK will breach £5bn, with about a fifth of the bill falling on those with inadequate or non-existent insurance policies, a leading accountant has warned.

The Guardian | World | Middle East | Iraq - December 28, 2015: Iraqui Forces Close in on Ramadi as Isis Digs In.

Iraqi forces close in on Ramadi as Isis digs in

Kareem Shaheen
The Iraqi military has said it still has work to do defeating Isis in Ramadi as it retracted claims it had liberated the embattled capital of Anbar province from the militants.

The Guardian | World | South Korea - December 28, 2015: Japan and South Korea Agree to Settle Wartime Sex Slaves Row.

Japan and South Korea agree to settle wartime sex slaves row

Justin McCurry
Japan and South Korea have removed the biggest obstacle to better bilateral ties after agreeing to “finally and irreversibly” resolve Tokyo’s use of tens of thousands of Korean women as wartime sex slaves.

CNBC | Gold - December 28, 2015: Gold Drift Lower in Thin Liquidity

Gold drifts lower in thin liquidity

Gold edged lower on Monday in line with a retreat in oil prices, giving up some of last week's gains, but moves were muted in thin liquidity in a holiday-shortened week.
The metal rose nearly 1 percent during Christmas week, but remains on track to fall for a sixth successive quarter, its biggest run of quarterly losses since the mid 1970s. It is down 9 percent so far this year.

NYT First Draft on Politics: Crucial Endorsement in His Pocket, Rubio Hones His Pitch to Iowa

Monday, December 28, 2015

The New York Times »

The New York Times

Monday, December 28, 2015

Senator Marco Rubio of Florida in Dubuque, Iowa, last week.
Senator Marco Rubio of Florida in Dubuque, Iowa, last week. Nicki Kohl/Telegraph Herald, via Associated Press
Crucial Endorsement in His Pocket, Rubio Hones His Pitch to Iowa
Good Monday morning. As 2015 comes to a close, the campaigns are keeping their schedules relatively light. But Senator Marco Rubio of Florida and Senator Ted Cruz of Texas will be courting Iowans by bus, and starting today, Mr. Rubio will have an influential South Carolina Republican alongside him to help bolster his conservative bona fides.

MarketWatch | Investing - December 28, 2015: Junk-Bond Debacle has Bond Fund Investors Feeling Like Tt’s 2008 Again.

Junk-bond debacle has bond fund investors feeling like it’s 2008 again

John Coumarianos
The recent announcement that Third Avenue Focused Income Fund would undergo an orderly liquidation has investors on edge about junk bonds.
Fortunately, the Third Avenue fund, with its high-concentration in triple-C rated and unrated debt, was likely unique in the dangers it presented to investors.

Reuters | Deals - December 28, 2015: India Deal Unlikely to Secure Toshiba's Lofty Nuclear Plans.

India deal unlikely to secure Toshiba's lofty nuclear plans

By Makiko Yamazaki
TOKYO Japan's Toshiba Corp may need to curb its ambitions in nuclear power even as it looks set to win a deal in India, battling both competition from emerging market rivals and the impact of its own deteriorating finances, industry experts said.

U.S. Stock Market Future Indications - December 28, 2015: Wall Street Senn Lower as Falling Oil Prices Weigh

Wall Street seen lower as falling oil prices weigh

Katy Barnato
U.S. stock index futures pointed to a lower open on Wall Street on Monday, as crude oil prices fell following the Christmas weekend.

Bloomberg Business - December 28, 2015: Saudi Arabia Set to Announce 2016 Budget Amid Plunge.

Saudi Arabia Set to Announce 2016 Budget Amid Oil Plunge

Vivian Nereim viviannereim
Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may announce cuts in capital spending and other economic measures for next year as it unveils the first annual budget under King Salman.

Asian Markets at Close Report by MarketWatch on December 28, 2015 : China’s Shanghai Composite Slides 2.6%

China’s Shanghai Composite slides 2.6%

Chao Deng
Shares in China fell the most in a month Monday amid signs officials are worried about capital flight as the economy slows.
A small part of the mainland market, foreign-currency denominated shares, or so-called B shares, plunged by 7.9%, compared with a 2.6% loss for the Shanghai Composite Index SHCOMP, -2.59%  , which represents yuan-denominated shares trading in Shanghai.