Friday, June 3, 2016

#USA - The Economic Outlook and Monetary Policy: Council on Foreign Relations

Streamed live 5 hours ago
With another interest rate rise potentially on the horizon, please join Federal Reserve Governor Lael Brainard for a discussion on the economic outlook of the United States and the monetary policies of the U.S. Federal Reserve.

Speaker:

S. Lael Brainard, Member, Board of Governors of the Federal Reserve System; Former Undersecretary, U.S. Department of Treasury
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#UK - Deepcut verdict: recruit Cheryl James took her own life: Channel 4 News

Published on 3 Jun 2016
Cheryl James was an eighteen year old army recruit who went to Deepcut Barracks in 1995 to learn how to serve her country. Instead she was found dead after being left alone on guard duty.

The army and police assumed she'd taken her own life but there was never a proper investigation and allegations swirled of harassment, rule breaking, heavy drinking and sexual misconduct.

Today at end of a second inquest they had fought for years to get her family were again told Cheryl took her own life.
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Jim Cramer Says WhiteWave (WWAV) Is a Company to Own: TheStreet

Published on 3 Jun 2016
TheStreet's Jim Cramer says investors should own WhiteWave for its fundamentals, and not because an activist investor is accumulating a stake. The Deal reported that Hudson Executive Capital has been buying shares of the company, which is one of Cramer's holdings in the Action Alerts PLUS portfolio. Cramer said WhiteWave's growth is the fastest of any food company. He said if you own the stock, let it go higher. Cramer likes the food industry and said he's also a fan of Whole Foods .

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TheStreet: Technology Is Killing U.S. Jobs Says Jim Cramer

Published on 3 Jun 2016
Technology is evolving quickly and that digitization is destroying a lot of U.S. jobs, said TheStreet's Jim Cramer on the heels of the worse-than-expected May employment report. The 38,000 jobs created in May fell well short of consensus expectations of around 160,000. Also not helping the employment figures is the fact that coal, rail and oil jobs are 'going away' more quickly than people expected. Even banks are shutting down branches because of smartphone apps that reduce the need for bricks-and-mortar outposts.
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#USA - economy suffers weakest growth since 2010 adding 38,000 jobs: wochit Business

Published on 3 Jun 2016
The US economy added just 38,000 jobs in May for the weakest growth since 2010. It gained 122,000 fewer jobs than expected ahead of a crucial meeting of the Federal Reserve. The department of labor announced Friday that the unemployment rate slipped down to 4.7%. A strike by 40,000 Verizon workers impacted the numbers. However, including them in the count would still account for less than half of expected job growth. The massively disappointing report is the last before the Fed’s next two-day meeting on June 14 when the US central bank may raise interest rates again. It is sure to add to speculation that a rate hike could be delayed until July
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#USA - Jamie Dimon: 'We are not losing talent to Silicon Valley. Political environment is 'terrible' : CNNMoney

Published on 3 Jun 2016
JPMorgan CEO Jamie Dimon says the competition from Silicon Valley is real and keeps the bank on its toes, but says "we are chalk full of talent. We can hire most people we want."
Published on 3 Jun 2016
JPMorgan CEO Jamie Dimon says the state of U.S. politics in this election cycle is "terrible" and that the electorate is being "jazzed up" and "manipulated."

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#France - Water Levels Continue to Rise in Flooded Paris: Wall Street Journal

Published on 3 Jun 2016
At least two people have died, as water levels continue to rise in Paris.
The Seine River reached its highest level since 1982 and could peak at more than 19 feet later in the day, twice its normal height, according to local authorities. Photo: Reuters
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Hummingbird Resources (LON:HUM) eyeing Mali gold production in 16 months: ProactiveInvestors Stocktube

Published on 3 Jun 2016
Bert Monro, head of business development at Hummingbird Resources PLC (LON:HUM), says the fundraise for up to £52.7mln for the Yanfolila gold mine in Mali has been “extremely well supported by new and existing shareholders, and management are taking part as well.”

He expects the project to be high margin, explaining that “the combination of the grade and open-pit mining means that you’re able to drive extremely high returns.” Crucially Hummingbird anticipates gold production in around 16 months time.

Monro says Hummingbird is looking to hire some key positions both for the immediate construction as well as over the longer-term and, because not too many projects are currently being commissioned globally, it makes the job of hiring “world-class” people that bit easier.

 http://www.4-traders.com/HUMMINGBIRD-RESOURCES-LTD-6978593/



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