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Russian ruble sinks sharply despite bank rate hike visit|article-5961253|News-nav-hcat|2 
San Francisco Chronicle - 12/16/2014
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Russian ruble sinks sharply despite bank rate hike visit|article-5961253|News-nav-hcat|1 
San Francisco Chronicle - 12/16/2014
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World Bank unit approves $300 mln financing for Panama wind farm 
Reuters Africa - 12/16/2014
PANAMA CITY Dec 16 (Reuters) - A unit of the World Bank will provide $300 million in financing for the ongoing construction of a 215-megawatt wind farm in Panama, which upon completion will be Central     Add Comment

Russia imposes steep interest rate hike as ruble plummets 
Washington Post - 12/16/2014
By , MOSCOW — Russia on Tuesday appeared headed for the worst economic turbulence in President Vladimir Putin’s 15 years in power, raising fundamental questions about the future of the country as
As ruble plummets, Russia’s economic future looks shaky Washington Post
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U.S. Won’t Ease Sanctions to Stem Russia’s Economic Crisis 
BusinessWeek - 12/16/2014
The Obama administration won’t let up the financial pressure on President Vladimir Putin’s government and expects sanctions to squeeze Russia’s economy harder in the weeks and months ahead, White House     Add Comment

OECD Report Card: Australia's Challenges And Why GST Needs To Go Up 
Business Insider Australia - 12/16/2014
The OECD (Organisation for Economic Co-operation and Development), in its latest economic survey of Australia, recommends a change to the tax mix including increasing the GST (Goods And Services Tax)     Add Comment

Memories of 1998 May Persuade Fed to Keep Rates Low 
BusinessWeek - 12/16/2014
All eyes will be on Federal Reserve Chair Janet Yellen on Wednesday as the rate-setting Federal Open Market Committee announces the results of its two-day meeting in Washington. If Yellen and her fellow
Memories of 1998 May Persuade Yellen's Fed to Keep Rates Low BusinessWeek
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World-Class City Welcomes a World-Class Brand 
San Francisco Chronicle - 12/16/2014
Briggs Freeman Sotheby’s International Realty announces new office in Fort Worth, Texas. DALLAS, Texas (PRWEB) December 16, 2014 Briggs Freeman Sotheby’s International Realty today announced plans
Population, Economic Growth Motivate Luxury Realty Expansion in Fort Worth Review Seeker
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Bank of Japan December 19 Policy Decision Survey 
BusinessWeek - 12/16/2014
Thirty-three economists surveyed by Bloomberg News forecast the Bank of Japan will keep policy on hold at the meeting on Dec. 18-19. Following are the results of the most recent survey, conducted Dec.
BOJ Has More Easing Room Under Current Policy: Survey BusinessWeek
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State debt shot up half a trillion dollars during the recession 
Washington Post - 12/16/2014
The economic recession cost states hundreds of billions of dollars in lost tax revenue and saddled them with more than half a trillion dollars in new debt over the last five years. New figures from
GovBeat: The recession saddled states with half a trillion dollars of debt Washington Post
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Joe Biden tells a toddler about his poll numbers 
Washington Post - 12/16/2014
SuperFan badge holders consistently post smart, timely comments about Washington area sports and teams. More about badges | Request a badge Culture Connoisseur Badge Culture Connoisseurs consistently
Dorie Greenspan makes bubble eclairs Washington Post
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Pace University's National Champion Monetary Policy Team...visit|article-5960841|river-44317-1col-hl-17-river_headline_list-41830|2 
San Francisco Chronicle - 12/16/2014
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Former WB Chief Barry Meyer Joins Board of… 
Variety - 12/16/2014
Former Warner Bros. chairman-CEO Barry Meyer has joined the board of the Federal Reserve Bank in San Francisco. Meyer will serve a two-year term at the org that is part of the regional network of banks
Former WB Chief Barry Meyer Joins Board of Federal Reserve in San Francisco Orlando Sentinel
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Russian turmoil unlikely to slow Fed's cruise to first rate hike 
Reuters - 12/16/2014
Dec 16 (Reuters) - The U.S. Federal Reserve stared down a volatile global economy in October to keep its plans for an eventual interest rate hike on track, and is likely to do so again this week amid     Add Comment

Gold Futures Cap Longest Slump in Five Weeks on Fed, Russia Woes 
La Repubblica - 12/16/2014
(Bloomberg) -- Gold futures capped the longest slump in five weeks amid concern that the Federal Reserve is moving closer to raising U.S. interest rates and speculation that Russia will sell reserves
Gold Heads for Longest Slump in Five Weeks on Fed, Russian Woes La Repubblica
Gold Declines on Federal Reserve and Russia Outlook BusinessWeek
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UPDATE 1-Coeure sees "large consensus" at ECB for more action 
Reuters UK - 12/16/2014
(Adds quotes, details) PARIS Dec 16 (Reuters) - There is a broad consensus on the European Central Bank's governing council in favour of more action to revive the economy and a decision on what tools
Coeure sees 'large consensus' at ECB for more action Reuters UK
Coeure sees "large consensus" at ECB for more action Sharenet
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Yellen's first year as Fed chair wins praise 
USA Today - 12/16/2014
WASHINGTON — In her first year as chair of the Federal Reserve, Janet Yellen has managed the scaling back of the Fed's unprecedented monetary stimulus program, begun the delicate task of shifting back
Yellen's Fed leadership praised by global group USA Today
Fed's Yellen lauded by global group USA Today
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Apple Russia web sales halted on ruble woes: Report 
CNBC - 12/16/2014
Data is a real-time snapshot *Data is delayed at least 15 minutes Global Business and Financial News, Stock Quotes, and Market Data and Analysis © 2014 CNBC LLC. All Rights Reserved.
American Apparel fires Charney 'for cause' CNBC
Russian central bank will take more measures after rate hike: First deputy CNBC
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Cheap oil may lift Japan's GDP 
Nikkei Asian Review - 12/16/2014
TOKYO -- With crude prices plunging roughly 20% this month, the sentiment is gaining ground in Japan that cheap oil is an economic blessing, offsetting the impact of April's consumption tax hike and shoring     Add Comment

Fabric Selection Inc. Offers High Quality Fabrics at Wholesale Prices 
Reuters - 12/16/2014
Local Los Angeles fabric and material designer helps designers and manufactures gain the edge with a wide selection at competitive rates PR Newswire LOS ANGELES, Dec. 16, 2014 LOS ANGELES     Add Comment
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>>   Forex markets
Stocks Sink as Rallies Erased Amid Ruble Slump; Yen Gains 
BusinessWeek - 12/16/2014
U.S. stocks fell in a whirlwind day that saw two rallies vanish, leaving the Standard & Poor’s 500 Index at a seven-week low as Russia’s biggest interest-rate increase since 1998 failed to arrest the
Stocks Sink as Rallies Reversed Amid Ruble’s Tumble; Yen Climbs Washington Post
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Papa Bella Enterprises Inc acquires Mini-Dollar Stores, Inc. Subsidiary From Global  
Reuters UK - 12/16/2014
7:00pm GMT   Papa Bella Enterprises Inc:Says acquisition of the Mini-Dollar Stores, Inc. subsidiary from Global Holdings, Inc.Company will change its name to Mini-Dollar Stores, Inc. to reflect PAPA's     Add Comment

Rupee, bonds slump; policy makers not worried 
Reuters India - 12/16/2014
5:57pm IST Reuters Market Eye - The rupee hit 13-month lows and bonds plunged as markets in the region tumbled on fears about the global economy, raising doubts about whether India can afford to
Indian rupee, bonds slump; policy makers say not worried Business Recorder
Rupee Hits 13-Month Low of 63.59 NDTV Profit
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FOREX-Dollar slips on expectations for dovish Fed; rouble hits lows 
Reuters - 12/16/2014
* Dollar falls against yen on global growth concerns * Dollar slips against euro, franc on profit-taking * Traders eye dovish Fed statement Wednesday * Rouble hits record lows against dollar
Dollar slips on expectations for dovish Fed; ruble hits lows Reuters UK
Dollar slips on expectations for dovish Fed; rouble hits lows Reuters
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Treasuries Rise With Yen on Haven Demand as Stocks, Ruble Slide 
Washington Post - 12/16/2014
(Bloomberg) -- Treasuries advanced with the yen amid demand for haven assets as the ruble weakened and oil’s slump intensified. U.S. stocks fell, led by technology companies, ahead of the Federal Reserve’s
Treasuries Climb With Yen on Haven Demand as Ruble Sinks BusinessWeek
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PRECIOUS-Gold steadies in seesaw trade as oil, dollar recover 
Reuters - 12/16/2014
* Oil prices bounce up from 5-1/2-year low * Dollar pares losses vs basket of currencies * Russian rouble recovers (Updates prices, adds comment) By Marcy Nicholson and Clara Denina NEW YORK/LONDON,
Gold steadies in seesaw trade as oil, dollar recover Sharenet
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PRECIOUS-Gold steadies in seesaw trade as oil, dollar recover 
Reuters Africa - 12/16/2014
* European shares rebound 2 pct after earlier slide * Dollar pares losses vs basket of currencies * Gold fell 2.5 pct on Monday after oil drop (Updates prices, adds comment) By Clara
PRECIOUS-Gold gives up early gains as stocks rebound, dollar recovers Reuters India
Gold gives up early gains as stocks rebound, dollar recovers Sharenet
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Russian ruble’s fall: A classic ‘currency collapse’ 
Fortune - 12/16/2014
The Russian economy was already in the running for having the worst year in 2014, sandwiched somewhere between Congressional Democrats and Sony Entertainment Pictures . Then the price oil--the commodity     Add Comment

Argentina’s Vanoli Sees No Contagion for Peso Amid Currency Rout 
BusinessWeek - 12/16/2014
With emerging market currencies tumbling from Russia to Brazil, Argentina sees no reason to devalue the peso, Central Bank President Alejandro Vanoli said. "We feel comfortable with the competitiveness     Add Comment

Russian ruble's fall: A classic 'currency collapse' 
Fortune - 12/16/2014
TECH MANAGEMENT FINANCE MARKETS CAREERS AUTOS INTERNATIONAL RETAIL FEATURES SMALL BUSINESS VIDEO MAGAZINE FORTUNE CONFERENCES    Add Comment

This Chart Just Out From Goldman Sachs Says The Aussie Dollar Is About To Crash 
Business Insider Australia - 12/16/2014
The US dollar is one of the primary drivers of the Aussie dollar’s power. It is an important input into any credible fair value model for the Aussie both because it is, ipso facto , the other side of
Goldman Sachs Just Published A Chart That Says The Aussie Dollar Is About To Crash Business Insider Australia
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SOFTS-Sugar falls to 2-1/2-month low, arabica eases on currency 
Reuters Africa - 12/16/2014
* Sugar falls for fourth straight session * Weak Brazilian currency attracts sellers to arabica * Cocoa buoyed by drop in deliveries to Ivorian ports (Adds milestone to paragraph one,     Add Comment

Papa Bella Enterprises, Inc. (PAPA) Acquires Mini-Dollar Stores, Inc. Subsidiary  
BusinessWeek - 12/16/2014
SAN DIEGO, CA -- (Marketwired) -- 12/16/14 -- Papa Bella Enterprises, Inc. (OTC PINK: PAPA) announces the successful acquisition of the Mini-Dollar Stores, Inc. subsidiary from Global Holdings, Inc. (OTC
Global Holdings, Inc. (GBHD: OTC Pink Current) | Papa Bella Enterprises, Inc. (PAPA)  OTC Markets
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Treasuries Rise, Dollar Falls Amid Russia Concern; Oil Declines 
Washington Post - 12/16/2014
(Bloomberg) -- Treasuries advanced with the yen as the ruble weakened to a record low and oil’s slide worsened, sparking demand for the safest assets. U.S. stocks fluctuated as the Federal Reserve began
Treasuries, Yen Rise on Safety Bets as Ruble Slides, Oil Falls GARP
Treasuries Advance, Dollar Declines Amid Russia Concern BusinessWeek
all 7 news articles >>    Add Comment

Treasuries, Yen Advance as Ruble Sinks; U.S. Stocks Fluctuate 
La Repubblica - 12/16/2014
(Bloomberg) -- Treasuries advanced with the yen as the ruble weakened to a record low, sparking demand for the safest assets. U.S. stocks fluctuated with the price of oil as the Federal Reserve began
Treasuries Rise, Dollar Falls as U.S. Stocks Fluctuate BusinessWeek
Bonds, Yen Rise as Ruble Sinks; U.S. Stocks Fluctuate BusinessWeek
all 2 news articles >>    Add Comment

East Europe Currencies Drop With Ruble After Russia Raises Rates 
Bloomberg - 12/16/2014
Central and eastern European currencies tumbled as Russia ’s biggest rate increase in 16 years failed to stem the ruble’s slump, raising concern a collapse in the region’s biggest economy will spill over     Add Comment

Emerging-Market Currencies Slump as Ruble Sinks; Stocks Decline 
La Repubblica - 12/16/2014
(Bloomberg) -- Emerging currencies slumped to a record and the ruble plunged for a seventh day as a gauge of Chinese factory output declined, pointing to weaker demand for raw materials. Developing-nation
Emerging Currencies Slump as Ruble Tumbles; Stocks Drop on Oil GARP
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Yen Touches Four-Week High on Safety Bid; Ruble Falls to Record 
La Repubblica - 12/16/2014
(Bloomberg) -- The yen advanced to a four-week high against the dollar amid deepening concern the global economy is faltering, boosting haven demand. Japan’s currency pared gains after oil prices rose     Add Comment

PRECIOUS-Gold gives up early gains as stocks rebound, dollar recovers 
Reuters Africa - 12/16/2014
* Gold dropped 2.5 pct on Monday after oil slide * European shares slide after Russian rate hike * Dollar falls 0.7 pct vs basket of currencies (Updates prices, adds comment) By Clara     Add Comment

EMERGING MARKETS-Brazil's currency plunges as oil, ruble spook investors 
Reuters - 12/16/2014
(Adds trader comment, Tombini comments, updates prices) SAO PAULO, Dec 16 (Reuters) - Brazil's currency fell sharply on Tuesday as diving oil prices, a plunge in the Russian ruble, and uncertainty     Add Comment
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