A gauge of world stock markets dipped on Tuesday but held near five-month highs as China cut its growth targets to a 30-year low but added more stimulus, while strong U.S. economic data put the dollar on track to notch its fifth straight day of gains. Stocks on Wall Street edged lower, with the benchmark S&P 500 index on track for its fifth decline in six sessions as growth worries dented sentiment and investors looked for developments on trade between the U.S. and China. Losses were curbed, however, by positive retail earnings from Target and data on the services and housing sectors. The Commerce Department said sales of new U.S. single-family homes rose to a seven-month high in December while a reading from the Institute for Supply Management showed an acceleration in growth in the vast services sector in February. The S&P 500 index has struggled to hold above the 2,800 level, which has proven to be a stiff resistant point. Still, the index is up nearly 19 percent from its … [Read more...] about World stocks stall but dollar strengthens as China cuts growth target
All country world index
By Hideyuki Sano and Tomo Uetake TOKYO (Reuters) - Japan's central bank has become the first among G7 nations to own assets collectively worth more than the country's entire economy, following a half-decade spending spree designed to accelerate weak price growth. The 553.6 trillion yen (3.79 trillion pounds) of yen assets the Bank of Japan holds are worth more than five times the world's most valuable company Apple Inc. <AAPL.O> and 25 times the market capitalisation of Japan's most valuable company Toyota Motor Corp. <7203.T>. They're also bigger than the combined GDPs of five emerging markets -- Turkey, Argentina, South Africa, India and Indonesia. Central bank data released on Tuesday showed how much the BOJ has amassed over 5-1/2 years of what it calls "quantitative and qualitative" easing policy. The BOJ has become the world's second central bank after the Swiss National Bank and the first among Group of Seven countries to own a pool of assets bigger than the economy … [Read more...] about Bank of Japan’s balance sheet now larger than country’s GDP
New figures from the Global Teacher Status Index show that teachers in Italy are among the least respected in the world, with the country ranking 33rd out of 35 countries surveyed. The only countries with a lower score were Israel and Brazil. Only 16% of Italians interviewed for the survey said that students respect their teachers. The figure has decreased since 2013, when it was 20% This is the sixth-lowest figure among all the countries surveyed, and the lowest among the major European economies. READ ALSO: Italian teachers demand same pay as in other EU countries “This index finally provides an academic test to something we have always understood instinctively: the link between the status of teachers in society and the performance of children in school,” stated Sunny Varkey, founder of the Varkey Foundation, which runs the study. One teacher at a middle school near Siena, Tuscany, told The Local Italy that the survey confirmed what all … [Read more...] about Italian teachers some of the least respected in the world
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Log In Today’s Paper Supported by ByGardiner Harris Nov. 11, 2018 WASHINGTON — In May, just weeks after becoming secretary of state, Mike Pompeo returned to Capitol Hill for defiant and surprisingly heated exchanges about diplomacy with his former Democratic colleagues. “I’ll take a back seat to no one with respect to caring about and protecting the people,” he said of diplomatic security in one blistering answer during a hearing in the House, where he had served for six years as a Republican congressman from Kansas. Before the Senate, he dismissed another question from a Democrat as “bizarre” and “outrageous.” At the time, Mr. Pompeo could afford to dismiss minority Democrats who had little to no sway over the State Department. That will change in January, when Democrats will take over the House and … [Read more...] about Pompeo Faces a World of Challenges. Add House Democrats to the List.
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Log In Today’s Paper Supported by ByMatt Flegenheimer Nov. 9, 2018 They were the states that broke Democratic hearts the last time — and the ones where any political comeback would have to begin. So how did the Democrats do on Tuesday in 2016 Trump country? They won. They also lost. And both experiences are instructive for the party’s future. This year, The New York Times focused on seven states where Democrats hoped to dig out after losses two years ago. Some were traditionally blue areas, like Pennsylvania and Wisconsin. Some were clear reaches, like Texas and Tennessee. Read the start of the series here. Here’s a look at how the party fared: Pennsylvania Rebuilding the “blue wall” that President Trump breached was always going to start here. Read the story: Trump Won Pennsylvania. Democrats Want the State (and His … [Read more...] about How Did the Democrats Do on Tuesday in 2016 Trump Country?