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Socially Most Trending News

. Australian mining magnate Andrew Forrest and his wife, Nicola, have announced they will give A$400m (£229m; $298m) to charity. ... [Read full article on BBC ]
Monday 22nd of May 2017 04:24:42 AM
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....7m to the mission of the Church of England, although it admitted this was “only around 15% of the church’s overall income – most funding comes from the extraordinary generosity of parishioners”. The body said it had also been promoting responsible investment, including being “instrumental in filing climate disclosure resolutions at [mining groups] Anglo American, Glencore and Rio Tinto” and continuing “to vote against the majority of remuneration reports”. ... [Read full article on Guardian ]
Sunday 21st of May 2017 01:08:44 PM
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....Ikea is considering making more products in the UK as the Swedish furniture chain bids to fend off Brexit-led price rises. The retailer already makes some sofas and mattresses in Britain, but UK boss Gillian Drakeford said it was actively examining how it might increase that work while looking at other products that can be sourced domestically. ... [Read full article on Guardian ]
Saturday 20th of May 2017 08:00:19 AM
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....Mongolia's vast mineral resources has been the main source of economic growth. The mining boom pushed Mongolia's gross domestic product to peak at around 17. ... [Read full article on BBC ]
Thursday 25th of May 2017 04:51:17 AM
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.... For one thing, it’s not even called that any more. As part of its “Think Big” rebranding theme, the world’s biggest mining company opted to shed the Billiton moniker it acquired in a 2001 merger with a Dutch-South African company and revert to its previous true-blue Aussie name. ... [Read full article on Guardian ]
Friday 19th of May 2017 10:19:28 PM
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....“There is a mechanism for the individual to initiate this discussion where they want more flexibility, but not where they want less,” the CBI said. “A right to request fixed or more fixed hours should be introduced on the same basis as the right to request flexible working, as a more effective tool to address these issues, without undermining workers’ options or the enforcement of the minimum wage. ... [Read full article on Guardian ]
Tuesday 23rd of May 2017 09:42:36 AM
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....It has also questioned Efic’s capacity to assess environmental and social risks, given it has provided finance to some of the worst social and environmental catastrophes in the Asia-Pacific region, including the Ok Tedi Mine, the Porgera mine, and the Bougainville Panguna mine. “South Africa’s mining industry has a poor record on accountability, human rights and environmental issues, raising the risk of Efic, an Australian government entity, being linked to these problems,” it says. ... [Read full article on Guardian ]
Saturday 20th of May 2017 12:27:03 AM
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Latest Finance News related to Mining

Mongolia gets financial aid totalling $5.5bn from IMF image
Source : BBC [Read Article] Thursday 25th of May 2017 04:51:17 AM
....Mongolia's vast mineral resources has been the main source of economic growth. The mining boom pushed Mongolia's gross domestic product to peak at around 17. ...
Unions say Tories' zero-hours workers' review doesn't go far enough image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 09:42:36 AM
....“There is a mechanism for the individual to initiate this discussion where they want more flexibility, but not where they want less,” the CBI said. “A right to request fixed or more fixed hours should be introduced on the same basis as the right to request flexible working, as a more effective tool to address these issues, without undermining workers’ options or the enforcement of the minimum wage. ...
Billionaire makes 'biggest philanthropic gift' by living Australian image
. Australian mining magnate Andrew Forrest and his wife, Nicola, have announced they will give A$400m (£229m; $298m) to charity. ...
Church of England made stunning 17% return on investments in 2016 image
Source : Guardian [Read Article] Sunday 21st of May 2017 01:08:44 PM
....7m to the mission of the Church of England, although it admitted this was “only around 15% of the church’s overall income – most funding comes from the extraordinary generosity of parishioners”. The body said it had also been promoting responsible investment, including being “instrumental in filing climate disclosure resolutions at [mining groups] Anglo American, Glencore and Rio Tinto” and continuing “to vote against the majority of remuneration reports”. ...
Ikea seeks to make more products in UK to fend off post-Brexit vote price rises image
....Ikea is considering making more products in the UK as the Swedish furniture chain bids to fend off Brexit-led price rises. The retailer already makes some sofas and mattresses in Britain, but UK boss Gillian Drakeford said it was actively examining how it might increase that work while looking at other products that can be sourced domestically. ...
Government may fund South African mine that would compete with Adani image
Source : Guardian [Read Article] Saturday 20th of May 2017 12:27:03 AM
....It has also questioned Efic’s capacity to assess environmental and social risks, given it has provided finance to some of the worst social and environmental catastrophes in the Asia-Pacific region, including the Ok Tedi Mine, the Porgera mine, and the Bougainville Panguna mine. “South Africa’s mining industry has a poor record on accountability, human rights and environmental issues, raising the risk of Efic, an Australian government entity, being linked to these problems,” it says. ...
Mine craft: why BHP's strategic overhaul could help repel a hedge fund predator image
.... For one thing, it’s not even called that any more. As part of its “Think Big” rebranding theme, the world’s biggest mining company opted to shed the Billiton moniker it acquired in a 2001 merger with a Dutch-South African company and revert to its previous true-blue Aussie name. ...
VW chief Matthias Mueller probed over emissions scandal image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:57:50 AM
....In the wake of the scandal, Volkswagen's share price dropped dramatically. Investigators are examining whether executives knew about the magnitude of the unfolding scandal - which began in the US - but failed to inform the markets in a timely manner. ...
Ex-BHS owner Dominic Chappell could be pursued by Sir Philip Green for millions image
....As the main director of RAL, Chappell could be personally liable for money owed by the company. Lance Ashworth QC, a barrister specialising in insolvency, said liquidators would now be closely examining RAL’s accounts to establish if all the payments and agreements made by the company were legitimate. ...
Stop spending money on avocados? Good idea, I’ll have a house deposit by 2117 | Rhiannon Lucy Cosslett image
....Brunch has become a convenient scapegoat for structural inequality. Instead of truly examining the social and economic forces that lock young people out of the property market, why not focus on our expenditure? Never mind that, for most young people, it would take over a century of skipping their luxurious monthly brunch in order to get a mortgage for a poky starter home. ...
Global stock markets: what's driving the record rises – and will they continue? image
....Beijing’s commitment to spend billions of dollars on new roads, ports and other infrastructure is likely to drive up consumption of commodities such as iron ore, copper and nickel. In turn this has given a boost to shares in mining companies that dig the key commodities out of the ground. ...
House prices in UK shift to lower gear image
Source : BBC [Read Article] Tuesday 16th of May 2017 10:33:40 AM
...."It is now abundantly clear that the housing market is in its softest patch for several years," said Samuel Tombs, chief UK economist at Pantheon Macroeconomics, pointing to early indications of a significant fall in prices of new-builds. "Looking ahead, it is very hard to see growth in central London prices recovering, given that valuations look stretched, the financial sector is facing an uncertain post-Brexit future and volatility in sterling is undermining property's safe-haven appeal for overseas investors. ...
Online betting firm 888 investigated by watchdog image
Source : Guardian [Read Article] Monday 15th of May 2017 02:37:15 PM
....Online gambling company 888 is being investigated by the industry regulator, which has the power to strip betting firms of their licence to do business, amid concern over the tools it uses to help problem gamblers. The Gambling Commission is examining 888’s “self-exclusion” regime, a system betting firms use to allow customers to bar themselves voluntarily from gambling. ...
Top UK fund manager divests from fossil fuels image
Source : Guardian [Read Article] Monday 15th of May 2017 05:01:36 AM
....One of Britain’s biggest managers of ethical funds is to dump £20m of shares in fossil fuel companies in one of the biggest divestments so far because of climate change. Shares in BHP Billiton, the Anglo-Australian mining giant, will be among those sold by BMO Global Asset Management’s range of “responsible” funds, which manage £1. ...
Troubled Toshiba misses annual results deadline image
Source : BBC [Read Article] Monday 15th of May 2017 04:54:42 AM
....5bn). The Tokyo Stock Exchange had given the Japanese giant until 15 May to report, but Toshiba said its auditors were still examining the figures. ...
Mining company BHP drops Billiton from name in $10m ad campaign image
Source : Guardian [Read Article] Monday 15th of May 2017 12:52:45 AM
.... We realised we had to start by telling people what BHP Billiton is and what we do,” the chief external affairs officer, Geoff Healy, said. The miner started out life in 1885 as the Broken Hill Proprietary Company, or BHP, and retained that name until its 2001 merger with Anglo-Dutch mining company Billiton Plc. ...
Anti-corruption police investigate UK firm over ex-Nigerian warlord deal image
. Anti-corruption investigators in four countries are examining a British firm’s links to a multimillion-pound defence deal involving a former Nigerian warlord. ...
Tory claims over energy price cap are just hot air | Nils Pratley image
Source : Guardian [Read Article] Tuesday 9th of May 2017 06:46:24 PM
....So what’s the most irritating aspect? It’s the Tories’ breezy use of last year’s report by Competition and Markets Authority to justify a price cap. The key passage of that report said four out of five members of the panel had rejected their own initial analysis and now thought price controls were a bad idea: “The majority of us believe that attempting to control outcomes for the substantial majority of customers would – even during a transitional period – run excessive risks of undermining the competitive process, likely resulting in worse outcomes for customers in the long run. ...
Tory MPs plot to water down Theresa May's energy price cap pledge image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:00:53 PM
....Lawrence Slade, the chief executive of the trade body Energy UK, accused the Conservatives of “giving up on competition”. “Further intervention risks undermining so many of the positive changes we are seeing in the market which are delivering benefits for consumers,” he said. ...
Federal budget 2017: the 10 graphs you need to see | Greg Jericho image
Source : Guardian [Read Article] Tuesday 9th of May 2017 10:39:56 AM
....4% in real terms. That growth was not uncommon during the mining boom years, but has been reached only once in the past nine years:. ...
Tory energy pledge: May says she still believes in free market despite vow image
....Lawrence Slade, the chief executive of the trade body Energy UK, accused the Conservatives of “giving up on competition”. “Further intervention risks undermining so many of the positive changes we are seeing in the market which are delivering benefits for consumers,” he said. ...
Energy shares still down on cap pledge image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:38:39 AM
....Mining giant Glencore was up 2% on news it had started the sale process for its Tahmoor coking coal mine. It plans to stop mining there next year. ...
Akzo Nobel faces Elliott legal bid to oust chairman image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:36:22 AM
.... The firm is most famous for its long legal battle over Argentine debt, which climaxed when the firm seized an Argentine naval ship docked in Ghana. The hedge fund is also pushing mining giant BHP Billiton to reorganise and spin off its US oil unit. ...
Kelvin Mackenzie to leave The Sun after Ross Barkley column image
Source : BBC [Read Article] Tuesday 9th of May 2017 06:06:04 AM
.... . Ofcom is currently examining an £11. ...
'Block Fox bid for Sky', says ex-guest claiming harassment image
....A woman who alleges she was sexually harassed at Fox News has asked UK media regulators to block 21st Century Fox's planned purchase of Sky. Ofcom is examining the £11. ...
FTSE 100 closes flat after French election image
Source : BBC [Read Article] Monday 8th of May 2017 08:33:34 AM
.... This might make it tougher than he thinks to engineer reforms," said Neil Wilson at ETX Capital. In London, shares in mining companies slid after the release of disappointing Chinese trade figures. ...
Euro gives up gains as investors look to post-election France image
Source : Guardian [Read Article] Monday 8th of May 2017 04:43:41 AM
....Analysts at BlackRock in a note on Monday: “We expect the focus to shift to French legislative elections in June. These will be crucial for determining Macron’s ability to implement his economic program, which includes labour market reforms that would make it easier for French businesses to hire and fire. ...
French champagne house Taittinger plants first vines in English soil image
....”. In colour-coded tubs – determining the grape variety – were bundles of spindly, red-wax-topped roots that had crossed the Channel for planting. ...
Let’s move to Blaenafon, Gwent: ‘Money and hard work have spruced it up’ image
.... Blaenafon lacks the obvious beauty and quaintness of Hay and the Wye valley and much of its thunder has been stolen by the revival of Abergavenny, just over the hill. Blaenafon may be as picturesque as a former mining town in the Welsh valleys can possibly get, but its beauty comes more from other directions: its doughty community; the stories of bravery told in the Big Pit museum; and the flavour of the lamb chops sold in the butchers. ...
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US jobs growth accelerates in April image
Source : BBC [Read Article] Friday 5th of May 2017 01:37:34 PM
.... . The rise in employment was driven by the leisure and hospitality sectors, health care and social assistance, financial activities and mining. ...
Oil hits five-month low amid warnings of commodities rout image
Source : Guardian [Read Article] Friday 5th of May 2017 01:51:47 AM
....Australia’s ASX200 share index was down 0. 8%, weighed by the mining and resource sectors, while the Hang Seng was off 1. ...
The science of inequality: why people prefer unequal societies image
Source : Guardian [Read Article] Thursday 4th of May 2017 08:00:04 AM
.... This outrage is sufficiently strong that subjects will pay to punish unequal distributors. One study examining this across 15 diverse cultures found that members of all populations demonstrated some willingness to administer costly third-party punishment for unequal division of resources – although the magnitude of this punishment varied substantially across populations. ...
Green heating system accused of causing 'fuel poverty' image
Source : BBC [Read Article] Sunday 30th of April 2017 12:47:23 AM
.... . "The group is examining both industry and regulatory options to ensure all aspects of consumer protection can be an integral part of enabling new investment. ...
Still got a paper fiver in your wallet? Well you should spend it now! image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
.... “We will see what the Bank decides. I have a meeting with my legal team and we will be examining if there is a case for breach of human rights if they carry on producing notes with tallow. ...
Niger 'cleared' over Areva uranium deal image
Source : BBC [Read Article] Friday 28th of April 2017 04:54:04 PM
....Their complaint alleges embezzlement of public funds, money laundering, forgery and conspiracy to defraud. According to the parliamentary inquiry: "A transaction took place indeed between Sopamin [a local mining company], Areva and other international partners. ...
'Fire sale' risk with Bank capital approach, says Vickers image
Source : BBC [Read Article] Friday 28th of April 2017 02:26:12 PM
.... . Parliament's Treasury Committee, which has the responsibility of examining the government's work on economic and regulatory matters, is aiming to discover whether new plans for banks will mean they can avoid needing taxpayer help the next time trouble calls. ...
Barclays pulls FTSE 100 lower image
Source : BBC [Read Article] Friday 28th of April 2017 11:29:13 AM
....RBS posted profits of £259m in the first three months of 2017, compared with a £968m loss a year earlier. Rising copper prices boosted shares in mining companies, with Antofagasta closing 2. ...
UK should axe state pension for rich people, says OECD image
Source : Guardian [Read Article] Thursday 27th of April 2017 07:15:15 AM
....”. McPhail added it would be politically unwise to start undermining the principles of the universal state pension, and could potentially exacerbate intergenerational tensions. ...
McDonald's to offer all UK staff fixed hour contracts image
Source : BBC [Read Article] Tuesday 25th of April 2017 02:58:27 PM
....Paul Maloney, the GMB union's southern region secretary, said: "Workers at McDonald's should be offered up to 40 hours of work a week, and permanent contracts to include annual leave, sick pay and a pension scheme. "The government has been examining possible changes to make precarious employment more secure. ...
Wikipedia's Jimmy Wales creates news service Wikitribune image
Source : BBC [Read Article] Monday 24th of April 2017 11:50:10 PM
.... He might also have mentioned the Financial Times. To address the first two of these developments, Wales is looking to the third: he wants to get users to pay for news, and then play a hugely active role in determining its focus. ...
Energy price cap image
Source : BBC [Read Article] Monday 24th of April 2017 11:52:31 AM
....He also believes that a cap would create higher prices in the long term, and entrench the position of the big six suppliers. At the end of its two-year enquiry the CMA rejected the idea of a price cap on standard variable tariffs (SVTs), saying that a cap would run an "excessive risk" of undermining the competition process. ...
Tory energy bill cap dents Centrica and SSE share prices image
Source : Guardian [Read Article] Monday 24th of April 2017 09:05:46 AM
....”. The Tory policy goes against the advice of the Competition and Markets Authority, which concluded in a review last year that a cap would “run excessive risks of undermining the competitive process, likely resulting in worse outcomes for customers in the long run”. ...
Packing a punch image
Source : BBC [Read Article] Sunday 23rd of April 2017 06:58:24 AM
....A dispute with the head of aluminium parts maker Arconic led to the ousting of Arconic chief executive Klaus Kleinfeld. In addition, Elliott has called for overhaul at Australian mining giant BHP Billiton, put pressure on Samsung to restructure, and pushed for the hostile takeover of Dulux paint owner AkzoNobel. ...
First coal-free day in Britain since Industrial Revolution image
Source : BBC [Read Article] Saturday 22nd of April 2017 12:44:26 AM
.... . The last deep coal mine in the UK, Kellingley Colliery in North Yorkshire, closed in December 2015, bringing to an end centuries of deep coal mining in Britain. ...
Inquiry into Murdoch's Sky deal delayed until after general election image
Source : Guardian [Read Article] Friday 21st of April 2017 11:30:59 AM
....7bn takeover of Sky has been delayed until after the general election. Karen Bradley, the culture secretary, was set to receive the findings of two Ofcom investigations, examining whether the takeover gives Murdoch too much control of UK news media and whether he is a “fit and proper” owner, by 16 May. ...
Government extends Sky takeover inquiry image
Source : BBC [Read Article] Friday 21st of April 2017 11:29:35 AM
.... . Regulators were examining the deal in the light of media plurality and broadcasting standards. ...
Record low rate signals mortgage battle image
Source : BBC [Read Article] Friday 21st of April 2017 09:48:53 AM
.... In other words, there is less risk of a housing bubble than had been anticipated. "We continue to believe that macro-prudential policy could be re-calibrated, especially around affordability tests, in a manner that would deliver a modestly stronger and broader mix of activity, without undermining financial stability," the CML said. ...
With a whiff of sulphur, George Osborne was gone – but for how long? | Polly Toynbee image
....Devious, malevolent and apparently indifferent to the consequences for millions of lives, Osborne has deliberately laid waste to the social security system. But far worse, he has demolished trust in it, undermining the idea that the state should support the weak, subsidise low-earners in housing they can afford or care for the sick. ...
Germany wants a strong EU. Why would it allow Britain an easy Brexit? | Charles Grant image
.... But more recently he said she now lacked the strength to pick up the pieces if the talks failed. If she sought to help the British, Schulz – a strong European federalist – would attack her for undermining European unity. ...
Llanrwst fatal fire: blaze started 'in or around dryer' image
Source : BBC [Read Article] Wednesday 19th of April 2017 01:50:22 PM
....Bernard Hender, 19, and Doug McTavish, 39, died in the blaze above a funeral director's office in Llanrwst, Conwy county, in October 2014. The Abergele inquest is examining if a Hotpoint dryer caused the fire. ...
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Energy secretary to 'flex muscles' over rising bills image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:49:17 AM
.... . "Intervening further in the energy market risks undermining so many of the positive changes we are seeing in the retail market. ...
Coalition announces dramatic public service decentralisation plan image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:06:16 AM
....She said the government would not be pursuing decentralisation at all costs. “It’s about determining the appropriate departments, parts of departments, agencies that can move to the regions,” she said. ...
RBS stake may be sold at a loss, chancellor admits image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:01:26 PM
....When one-off charges were stripped out, the core business of the bank was making money, he added. The European Commission is examining government proposals that aim to spare RBS from being forced to sell off the Williams & Glyn branch network. ...
FTSE 100 suffers worst day since Brexit vote after May calls election image
Source : Guardian [Read Article] Tuesday 18th of April 2017 05:11:25 PM
....Most multinationals listed on the London stock exchange earn the majority of their profits in dollars, which have been worth more due to sterling’s decline in the wake of the EU vote. However, sterling’s swift rise following the prime minister’s surprise move sent major stocks tumbling, with mining conglomerates hit hardest. ...
Pound soars and FTSE 100 tumbles after election announcement image
Source : BBC [Read Article] Tuesday 18th of April 2017 07:58:19 AM
....2% higher than at the start of the year. The FTSE 100 had already been lower ahead of Mrs May's announcement, with shares in mining companies suffering some of the biggest falls due to lower iron ore prices. ...
Londoners work 'three weeks a year more than rest of UK' image
Source : BBC [Read Article] Tuesday 18th of April 2017 02:14:56 AM
....Len Shackleton, Research Fellow at the Institute for Economic Affairs, argues "while it is often assumed the UK is prone to a long hours culture, that is not necessarily the case". He added: "Individual choice plays an important role in determining working hours. ...
White van nation: meet the drivers behind the on-demand economy image
Source : Guardian [Read Article] Saturday 15th of April 2017 06:00:17 AM
.... Vans and their drivers deliver parcels, put up buildings, maintain infrastructure and the internet, convey waste, and rumble about with cargoes of sweatshirts, flowers, books and energy drinks. One in every 1,000 vans is put to use in “mining and quarrying”; one in every 20,000 rattles around the grounds of a stately home. ...
How Uber conquers a city in seven steps image
Source : Guardian [Read Article] Wednesday 12th of April 2017 03:19:57 PM
....Grassroots support is strengthened with high-profile PR stunts, including delivering puppies, kittens and ice creams. “These are great marketing gimmicks, but behind that fun facade is a company that [has been accused of] undercutting competition, dodging local regulation and undermining its drivers,” said Reem Suleiman, a campaigner at SumOfUs. ...
Akzo Nobel faces call to axe chairman amid takeover battle image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:42:40 AM
.... The firm is most famous for its long legal battle over Argentine debt, which climaxed when the firm seized an Argentine naval ship docked in Ghana. The hedge fund is also pushing mining giant BHP Billiton to reorganise and spin off its US oil unit. ...
Savings rates turn NEGATIVE amid biting inflation with just ONE account beating rate image
....Maike Currie, investment director for personal investing at Fidelity International, said: "The time to protect yourself against the return of inflation is before it happens and physical assets such as gold, agriculture and property are all good protectors against the wealth-eroding effects of inflation. "You can invest in gold via a fund which invests in the shares of gold mining companies, such as the Investec Global Gold Fund or tap into property via the BlackRock Global Property Securities Equity Tracker Fund which benefits from the liquidity offered by real estate equities. ...
FTSE 100 takes flight after airline shares rise image
Source : BBC [Read Article] Tuesday 11th of April 2017 07:39:41 AM
....22% to 19,306. 52 - and was led by big gains for JD Sports, Balfour Beatty and mining firms Hochschild Mining and Polymetal International. ...
FTSE 250 sets record closing high image
Source : BBC [Read Article] Monday 10th of April 2017 07:46:23 AM
....Miner BHP Billiton did well after one of its shareholders pressured it to adopt a restructuring plan. The mining giant's shares rose by more than 5% before closing up 2. ...
City regulators investigate Barclays boss Jes Staley image
Source : BBC [Read Article] Monday 10th of April 2017 06:32:38 AM
.... . He said he would co-operate fully with the Financial Conduct Authority and the Prudential Regulation Authority, which are now both examining the matter. ...
US gained only 98,000 jobs in March, putting a chill on Trump's promises image
....“Job growth is off to a strong start in 2017,” Mark Zandi, chief economist of Moody’s Analytics, said in a statement. “The gains are broad-based but most notable in the goods producing side of the economy including construction, manufacturing and mining. ...
Brexit: Bank urges City to 'plan for all eventualities' image
Source : BBC [Read Article] Friday 7th of April 2017 09:19:58 AM
.... . "The outcome of the Brexit negotiations could prove highly influential in determining which path the global financial system takes," Mr Carney said in a speech at Thomson Reuters in Canary Wharf. ...
Competition watchdog to examine warranties for new homes image
Source : Guardian [Read Article] Friday 7th of April 2017 06:30:36 AM
. The Competition and Markets Authority is examining payments between housebuilders and the providers of warranties for new homes as part of a review of NHBC, the largest warranty provider. ...
Tax relief cut doesn’t add up for landlords, plus Bank warns over consumer credit image
....Benefits paid out when a husband or wife dies are being slashed, meaning those who do suffer such heartache will miss out on tens of thousands of pounds, writes Donna Ferguson. Network Rail’s knotweed policy is undermining my house sale. ...
UK keen for free trade deal with Australia, Liam Fox tells Canberra MPs image
Source : Guardian [Read Article] Wednesday 5th of April 2017 08:00:15 PM
....The British international trade secretary, Liam Fox, has told an Australian parliamentary committee the May government wants to expedite a free trade deal with Australia, and wants to work with Canberra to champion trade liberalisation globally after the UK’s exit from the EU. Fox has made a personal submission to Australia’s joint standing committee on foreign affairs and trade, which is examining the trade and investment relationship between the two countries. ...
Is there a housing bubble or isn't there? | Greg Jericho image
Source : Guardian [Read Article] Wednesday 5th of April 2017 02:00:07 PM
....Within this debate has also been talk of population growth – especially that of migration. And yet migration figures are down from levels hit at the end of the mining boom, and even the recent peak of December 2012:. ...
Cost of junk image
Source : BBC [Read Article] Tuesday 4th of April 2017 12:52:58 PM
.... . It also has a number of sectors which are among some of the best in the world, particularly mining and financial services. ...
South Africa's credit rating has been cut to junk status image
Source : BBC [Read Article] Monday 3rd of April 2017 11:11:12 AM
....The financial downgrading is likely to make it more expensive for South Africa to borrow money on the international markets, as lending to the country would be seen as riskier. S&P explained its decision, stating that: "Internal government and party divisions could, we believe, delay fiscal and structural reforms, and potentially erode the trust that had been established between business leaders and labour representatives (including in the critical mining sector). ...
Sydney property prices rise almost 20% in past 12 months image
Source : Guardian [Read Article] Monday 3rd of April 2017 03:08:56 AM
....54% over the same period. “Weaker economic conditions in states reliant on the mining industry, rising underemployment, weak wages growth and less favourable housing market conditions will drive delinquencies higher,” vice president and senior analyst Alena Chen said on Monday. ...

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