http://www.bloomberg.com/news/2011-12-06/drop-in-u-s-unemployment-rate-early-sign-of-coming-labor-shift-economy.html
Drop in U.S. Jobless Rate Sign of Demo Shift
By Shobhana Chandra - 2011.12.06 06:54 AM
The drop in U.S. unemployment so far this year may be an early glimpse of what’s to come as the workforce ages.
Tuesday, December 6, 2011
Deals of the Week: Asian Asset Grab Intensified in North America
Evaluate Energy
Deals of the Week: Asian Asset Grab Intensified in North America
Government backed Asian companies made further moves for global oil and gas resources this week, with the target areas ranging from Canada and the United States to Australia. The largest deal came from INPEX Corp, who signed a $700 million transaction with Nexen to farm-in to a portfolio of assets primarily focused on the Horn River play of British Columbia in Canada. The Canadian shale gas sector has seen a flurry of deals lately from Asia, which is being driven by the low current gas reserve prices in North America and the development of LNG export terminals on the west coast of the country, ideal for serving the Asian markets. The deal will involve INPEX paying half of the consideration up front and half in the form of a cost carry to receive a 40% share of 300,000 acres of land in the Horn River, Cordova and Liard plays.
Deals of the Week: Asian Asset Grab Intensified in North America
Government backed Asian companies made further moves for global oil and gas resources this week, with the target areas ranging from Canada and the United States to Australia. The largest deal came from INPEX Corp, who signed a $700 million transaction with Nexen to farm-in to a portfolio of assets primarily focused on the Horn River play of British Columbia in Canada. The Canadian shale gas sector has seen a flurry of deals lately from Asia, which is being driven by the low current gas reserve prices in North America and the development of LNG export terminals on the west coast of the country, ideal for serving the Asian markets. The deal will involve INPEX paying half of the consideration up front and half in the form of a cost carry to receive a 40% share of 300,000 acres of land in the Horn River, Cordova and Liard plays.
Friday, December 2, 2011
Family Feud (Bill Gross, PIMCO)
Family Feud
Bill Gross, PIMCO
2012.12.02
- Investors should recognize that Euroland’s problems are global and secular in nature; it will be years before Euroland and developed nations in total can constructively escape from their straitjacket of debt.
- Global growth will likely remain stunted, interest rates artificially low and investors continually disenchanted with returns that fail to match expectations.
- Investors should consider risk assets in emerging economies, such as Brazil and Asia, and bonds in the strongest developed economies, where the steep yield curve may offer opportunities for capital gains and potentially higher total returns.
Bill Gross, PIMCO
2012.12.02
- Investors should recognize that Euroland’s problems are global and secular in nature; it will be years before Euroland and developed nations in total can constructively escape from their straitjacket of debt.
- Global growth will likely remain stunted, interest rates artificially low and investors continually disenchanted with returns that fail to match expectations.
- Investors should consider risk assets in emerging economies, such as Brazil and Asia, and bonds in the strongest developed economies, where the steep yield curve may offer opportunities for capital gains and potentially higher total returns.
CNNMoney: November jobs report: Hiring up, unemployment down
http://money.cnn.com/2011/12/02/news/economy/jobs_report_unemployment/
America's Jobs Crisis
November jobs report: Hiring up, unemployment down
By Annalyn Censky @CNNMoney December 2, 2011: 2:43 PM ET
WASHINGTON (CNNMoney) -- Hiring accelerated in November, and unemployment unexpectedly plummeted to its lowest rate in nearly three years.
America's Jobs Crisis
November jobs report: Hiring up, unemployment down
By Annalyn Censky @CNNMoney December 2, 2011: 2:43 PM ET
WASHINGTON (CNNMoney) -- Hiring accelerated in November, and unemployment unexpectedly plummeted to its lowest rate in nearly three years.
VOA: UN Grim on World Economic Prospects for 2012
December 01, 2011
UN Grim on World Economic Prospects for 2012
Margaret Besheer | United Nations
United Nations economists have sharply cut their projections for world growth and warned that 2012 will be key to whether the global economy makes a slow recovery or falls back into recession.
UN Grim on World Economic Prospects for 2012
Margaret Besheer | United Nations
United Nations economists have sharply cut their projections for world growth and warned that 2012 will be key to whether the global economy makes a slow recovery or falls back into recession.
Wednesday, November 30, 2011
USA Today: Dow up 490 points: Stocks soar after central banks' moves
USATODAYmoney: Fed, other central banks act to ease strains in world markets http://t.co/ZYjpc6gQ
Original Tweet: http://twitter.com/USATODAYmoney/status/141876452038676480
Dow up 490 points: Stocks soar after central banks' moves
By Gary Strauss, Adam Shell and Matt Krantz, USA TODAY
2011.11.30 03:23 PM
Stocks soared Wednesday after central banks around the world agreed to pump more liquidity into European banks, an effort designed to loosen credit and stimulate economic growth in Europe and prevent its debt crisis from unhinging the global economy.
Original Tweet: http://twitter.com/USATODAYmoney/status/141876452038676480
Dow up 490 points: Stocks soar after central banks' moves
By Gary Strauss, Adam Shell and Matt Krantz, USA TODAY
2011.11.30 03:23 PM
Stocks soared Wednesday after central banks around the world agreed to pump more liquidity into European banks, an effort designed to loosen credit and stimulate economic growth in Europe and prevent its debt crisis from unhinging the global economy.
USA Today: Europe crisis could affect trade for Asia, Africa
USA Today: Europe crisis could affect trade for Asia, Africa
By Kathy Chu, USA TODAY
2011.11.30 02:54 PM
HONG KONG – As European banks reduce international lending, it's hurting importers and exporters in Asia, Africa and Latin America, and raising fears of a trade-crippling global credit crunch.
By Kathy Chu, USA TODAY
2011.11.30 02:54 PM
HONG KONG – As European banks reduce international lending, it's hurting importers and exporters in Asia, Africa and Latin America, and raising fears of a trade-crippling global credit crunch.
USA Today: Homebuying contracts hit highest level in a year in Oct.
Homebuying contracts hit highest level in a year in Oct.
By Derek Kravitz, Associated Press
2011.11.30 01:14 PM
WASHINGTON – The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. But the gain follows three months of declines and isn't enough to signal a housing recovery.
By Derek Kravitz, Associated Press
2011.11.30 01:14 PM
WASHINGTON – The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. But the gain follows three months of declines and isn't enough to signal a housing recovery.
CNNMoney: Job reports paint positive picture before U.S. data
America's Jobs Crisis
Job reports paint positive picture before U.S. data
By James O'Toole and Aaron Smith @CNNMoney November 30, 2011: 2:27 PM ET
NEW YORK (CNNMoney) -- Private-sector payrolls surged and planned job cuts eased in November, indicating some improvement in the job market and raising hopes for the government employment report due later this week.
Job reports paint positive picture before U.S. data
By James O'Toole and Aaron Smith @CNNMoney November 30, 2011: 2:27 PM ET
NEW YORK (CNNMoney) -- Private-sector payrolls surged and planned job cuts eased in November, indicating some improvement in the job market and raising hopes for the government employment report due later this week.
CNNMoney: China steps on the economic accelerator
CNNMoney: China steps on the economic accelerator http://t.co/CDVWXjH3
Original Tweet: http://twitter.com/CNNMoney/status/141885024181026816
China steps on the economic accelerator
By Aaron Smith @CNNMoney November 30, 2011: 10:48 AM ET
NEW YORK (CNNMoney) -- China is cutting the amount of money banks need to hold in reserve, freeing those funds to stimulate the Chinese economy.
Original Tweet: http://twitter.com/CNNMoney/status/141885024181026816
China steps on the economic accelerator
By Aaron Smith @CNNMoney November 30, 2011: 10:48 AM ET
NEW YORK (CNNMoney) -- China is cutting the amount of money banks need to hold in reserve, freeing those funds to stimulate the Chinese economy.
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