"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

The Required Disclosures

The information presented in this blog and its individual articles is provided for informational use only and should not be considered investment advice or an offer for a particular security. The contents reflect the views and opinions of the individual writer as of the date the article was written and do not necessarily represent the views of the individual writer on the current date. They also do not in any way, shape, or form represent the views of the Firm Never-To-Be-Named. Any such views are subject to change at any time based upon market or other conditions and The Great Redoubt and its individual writers disclaim any responsibility to update such views. These views should not be relied on as investment advice, and because investment decisions for any security are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any contributor to The Great Redoubt. Neither The Great Redoubt nor any individual author can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Please consult your tax or financial advisor for additional information concerning your specific situation.

Thursday, April 28, 2011

World News

Bahrain
Cambodia
China
India
Israel
  • Israel, in an effort to prevent a Palestinian campaign to win UN recognition of statehood, has dismissed the reconciliation between Hamas and Fatah as "a fatal mistake that will prevent the establishment of a Palestinian state and will sabotage chances of peace and stability in the region."  The Palestinians disagree, saying that Hamas is part of Palestine and needs to be included.
Japan
  • This is probably not a surprise, but Japanese factory output fell by 15.3% in March, the largest single-month decline in their history.  On the heels of the report came the announcement from the Bank of Japan that they would leave interest rates unchanged at a target rate of 0% to 0.1%.
Libya
Spain
Syria
United States
  • Professor Ognjen Milatovic was arrested ay and removed from a US Airways flight after fellow passengers reported that he had a "suspicious package".  The package?  Keys, a bagel with cream cheese, and a hat.

No comments:

Post a Comment