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Archive for October 20th, 2013

The Weekly Bottom Line

After a 16-day government shutdown and just one day short of the Treasury's borrowing deadline, legislation was passed ending the stalemate and the government re-opened Thursday. The agreement puts off the next fight at least until the new year, funding the government until January 15th, and raising the debt ceiling

The Weekly Bottom Line

After a 16-day government shutdown and just one day short of the Treasury's borrowing deadline, legislation was passed ending the stalemate and the government re-opened Thursday. The agreement puts off the next fight at least until the new year, funding the government until January 15th, and raising the debt ceiling

FX Return Analysis: What Next for the Dollar?

The dollar was the biggest casualty from the US default near-miss last week. Although Congress managed to avoid moving into default territory, albeit by only a few minutes, there was no relief rally for the greenback. This compared with stocks, which made another record high last week, and Treasuries, the

FX Return Analysis: What Next for the Dollar?

The dollar was the biggest casualty from the US default near-miss last week. Although Congress managed to avoid moving into default territory, albeit by only a few minutes, there was no relief rally for the greenback. This compared with stocks, which made another record high last week, and Treasuries, the

Handouts for the poor top $100m

Social assistance payments to the poor crossed the $100 million mark for the first time to reach $102.4million in the last financial year ending in March. That was a nearly 45 per cent jump from the previous year and more than double the $44.5million given out five years ago. The money came from the Community Care (ComCare) Endowment Fund, set up by the Government in 2005 to help needy families ge... more

Handouts for the poor top $100m

Social assistance payments to the poor crossed the $100 million mark for the first time to reach $102.4million in the last financial year ending in March. That was a nearly 45 per cent jump from the previous year and more than double the $44.5million given out five years ago. The money came from the Community Care (ComCare) Endowment Fund, set up by the Government in 2005 to help needy families ge... more
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