Mark Carney has come out and said the very thing that every economist studying the subject agrees with. It isn’t true that everyone benefits from free trade and globalisation. The net effect on all humans is vastly positive, but there are still those that lose. And that’s a political problem, not an economic one. For the people who don’t win are, largely speaking, those below median incomes in the already rich countries. It is this which drives the chatter about increasing inequality when in fact inequality, measured globally, is falling.
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Time For Truth: (Forbes) – Mark Carney's Right, Not Everyone Benefits From Free Trade And Globalisation - The Semi-Rich Don't
One smaller firm has hiked its dual fuel prices by 30 per cent — and experts fear the Big Six could follow suit.
Such rises are a major blow, with energy bills already at a record high.
A typical household with a Big Six supplier — British Gas, EDF Energy, Eon, Npower, SSE and Scottish Power — currently pays £1,066 a year for gas and electricity if they pay by monthly direct debit.
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Time For Truth: (Daily Mail) – Electricity prices to rise 10% in January - and yes, you've guessed it, energy giants are blaming green taxes
As has been widely reported, in 2013 Hillary Clinton was paid $675,000 for three speeches to Goldman Sachs. One was delivered on June 4, 2013 at the 2013 IBD CEO Annual Conference at The Inn at Palmetto Bluff in South Carolina, a second one took place on October 24, 2013 at the Goldman Sachs Asset Management AIMS Alternative Investment Symposium, and the last one was delivered on October 29, 2013 at the Goldman Sachs builders and innovators summit.
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Time For Truth: (Zero Hedge) – Here Are Hillary Clinton's Three Speeches To Goldman Sachs For Which She Was Paid $675,000
Longtime Hillary Clinton backer David Brock offered some debate one-liners to both Clinton and her opponent Donald Trump in the lead-up to Monday night’s presidential debate.
During an interview on CNN on Monday, a panel of political experts including the founder of Correct The Record, a top super PAC backing Clinton, offered up a series of cheesy one-liners that both candidates could use during the debate to grab attention.
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Time For Truth: (Business Insider) – 'Hillary, you're bought and paid for': Clinton's top super PAC founder offers Trump debate zinger
A purchase of the producer of the Golden Globes would mark an expansion of Wanda’s stated plan to enter the U.S. entertainment market in a big way.
Last month, China’s richest man went public with his goal of sealing at least two $1 billion deals for Hollywood companies this year. Looks like he wasn’t kidding.
Dalian Wanda Group, run by the outspoken Wang Jianlin, has held preliminary talks to purchase Dick Clark Productions, the prolific company behind the Golden Globe Awards, American Music Awards, Billboard Music Awards and other live television events, according to sources. The price for DCP is said to value the company in the “neighborhood” of $1 billion.
Read the Full Article: Source – Hollywood ReporterRead More
Time For Truth: (Hollywood Reporter) – Chinese Company In Bid To Buy The Golden Globes