Apr 08, 2014
Israeli Prime Minister Menachem Begin enunciated what came to be known as the Begin doctrine: “On no account shall we permit an enemy to develop weapons of mass destruction against the people of Israel.”
Apr 04, 2014
Iran and six world powers continue talks in Vienna with regard to Iran’s nuclear program April 8-9. On the eve of nuclear talks, sources in Moscow and Tehran report Russia and Iran plan to barter 500,000 barrels of Iranian oil per day.
Mar 31, 2014
Federal Reserve Chairwoman Janet Yellen speaking at a conference in Chicago, highlighted “considerable slack” in the economy and labor market. She said the Fed is committed to keeping interest rates low for a long time.
Mar 19, 2014
Gold and equities market sold off slightly after Fed Chair Janet Yellen stated asset purchases would decline by $10 billion a month in April and the FMOC would probably begin a slow increase in interest rates in May, 2015.
Mar 14, 2014
Russian military forces are massing near Ukraine’s eastern boarders, increasing fears Moscow is planning a larger military incursion into the Former soviet republic.
Mar 12, 2014
Putin says he was forced to use the Russian military to protect ethnic Russians in Crimea at risk from the new government in Kiev. He backs the Crimean recently appointed administration, which plans to hold a March 16 referendum to separate.
Feb 28, 2014
Stocks climb, propelling S & P 500 to a record close, after Federal Reserve Chair Janet Yellen said the central bank would continue tapering its asset purchases while tracking data to figure how much recent softness in the economy is due to weather.
Jan 20, 2014
Lagarde, managing director of the IMF, warns that economic recovery is “fragile” and sees risks of deflation. She believes deflation could reduce personal consumption as people wait for prices to fall further, which could discourage investment.
Jan 16, 2014
It will be up to Yellen, who will take over on February 1, to guide a “measured reduction” in asset-buying this year. Yellen’s first FMOC meeting will be March 19-20. The FMOC reduced it purchase of bonds in January from $85 billion to $75.
Jan 02, 2014
Federal Reserve was created December 23, 1913, and just celebrated its 100th anniversary. The Fed balance sheet just crossed $4 trillion, and total US debt soared to over $17 trillion in December 2013. Fed will taper asset purchases from $85 Billion.