SpaceX Dragon successfully docks with the International Space Station

SpaceX made an early holiday delivery to the International Space Station on Sunday, dropping off super muscular “mighty mice,” pest-killing worms and a smart, empathetic robot. The station commander, Italy’s Luca Parmitano, used a large robot arm to grab onto the Dragon three days after its launch from Cape Canaveral. “Whenever we welcome a new vehicle on board, we take on board also a little bit of the soul of everybody that contributed to the project, so welcome on board,” Parmitano told Missi


SpaceX made an early holiday delivery to the International Space Station on Sunday, dropping off super muscular “mighty mice,” pest-killing worms and a smart, empathetic robot.
The station commander, Italy’s Luca Parmitano, used a large robot arm to grab onto the Dragon three days after its launch from Cape Canaveral.
“Whenever we welcome a new vehicle on board, we take on board also a little bit of the soul of everybody that contributed to the project, so welcome on board,” Parmitano told Missi
SpaceX Dragon successfully docks with the International Space Station Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-08
Keywords: news, cnbc, companies, parmitano, delivery, astronauts, dragon, mighty, mice, board, muscle, successfully, international, space, docks, welcome, robot, station, spacex


SpaceX Dragon successfully docks with the International Space Station

SpaceX made an early holiday delivery to the International Space Station on Sunday, dropping off super muscular “mighty mice,” pest-killing worms and a smart, empathetic robot.

The station commander, Italy’s Luca Parmitano, used a large robot arm to grab onto the Dragon three days after its launch from Cape Canaveral. The two spacecraft soared 260 miles (420 kilometers) above the South Pacific at the time of capture.

“Whenever we welcome a new vehicle on board, we take on board also a little bit of the soul of everybody that contributed to the project, so welcome on board,” Parmitano told Mission Control.

The capsule holds 3 tons (2,720 kilograms) of supplies, including 40 mice for a muscle and bone experiment. Eight of them are genetically engineered with twice the normal muscle mass — and so are considered “mighty mice.” There also are 120,000 roundworms, or nematodes of a beneficial variety that are part of an agricultural study aimed at controlling pests.

The capsule also has a large, round robot head with artificial intelligence and the ability to sense astronauts’ emotions. Named Cimon, it’s an improved version of what flew up last year to be tested as an astronaut’s helper.

NASA has tucked some Christmas presents in the shipment for the station’s six-person crew, as well.

It’s SpaceX’s 19th delivery to the orbiting outpost for NASA over the past seven years.

The astronauts have another delivery coming Monday — this one launched by Russia from Kazakhstan on Friday.


Company: cnbc, Activity: cnbc, Date: 2019-12-08
Keywords: news, cnbc, companies, parmitano, delivery, astronauts, dragon, mighty, mice, board, muscle, successfully, international, space, docks, welcome, robot, station, spacex


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Wall Street bets international stocks will top US equities in 2020 after a decade-long slump

Several investors and strategists are betting on international stocks outperforming the U.S. in the new year, something that has only happened twice since 2010. “A reacceleration in global growth, a weaker US dollar, and favorable valuations should all support non-US stocks next year.” Callum Thomas, head of research at Topdown Charts, notes there is a “50% valuation gap” between U.S. and international stocks. These moves could spur a resurgence in global economic growth, which would “disproport


Several investors and strategists are betting on international stocks outperforming the U.S. in the new year, something that has only happened twice since 2010.
“A reacceleration in global growth, a weaker US dollar, and favorable valuations should all support non-US stocks next year.”
Callum Thomas, head of research at Topdown Charts, notes there is a “50% valuation gap” between U.S. and international stocks.
These moves could spur a resurgence in global economic growth, which would “disproport
Wall Street bets international stocks will top US equities in 2020 after a decade-long slump Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: fred imbert
Keywords: news, cnbc, companies, valuation, growth, bets, stocks, wall, global, international, equities, msci, index, street, economic, slump, europe, decadelong, 2020


Wall Street bets international stocks will top US equities in 2020 after a decade-long slump

A pedestrian walks past a stock indicator displaying numbers of the Tokyo Stock Exchange and the world’s major markets in Tokyo. Kazuhiro Nogi | AFP | Getty Images

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) U.S. equities have been the best place to invest during the past 10 years, but that dominance could shift in 2020. Several investors and strategists are betting on international stocks outperforming the U.S. in the new year, something that has only happened twice since 2010. U.S. stocks have blown their international counterparts out of the water in that time. The S&P 500 is up more than 180% and the MSCI ACWI ex U.S. exchange-traded fund (ACWX) has gained just 18% since 2010. Emerging markets have fared even worse this decade against the S&P 500. The iShares MSCI Emerging Market Index is up just 4% since 2010. However, market experts think international stocks are poised for a comeback in 2020 versus the U.S. due to attractive valuations and a potential trough in global economic growth as world central banks take up more stimulative measures. “Having underperformed for more than ten years, non-US stocks are set to gain the upper hand over their US peers,” Peter Berezin, chief global strategist at BCA Research, said in a note. “A reacceleration in global growth, a weaker US dollar, and favorable valuations should all support non-US stocks next year.”

Valuation favors international

The S&P 500’s price-to-earnings ratio, a widely used valuation metric on Wall Street, currently sits above 20. That’s the average’s richest valuation since August 2018. That high valuation follows the S&P 500 hitting all-time highs despite a year-over-year earnings decline. International stocks, however, are trading at a much lower valuation. Through Friday’s close, the ACWI fund’s price-to-earnings ratio rested around 14.7. Callum Thomas, head of research at Topdown Charts, notes there is a “50% valuation gap” between U.S. and international stocks. “Yes global ex-US has its problems, but are they 50% discount problems? At a certain point if the valuation gap is wide enough it kind of starts to speak for itself,” he said in a note. This wide valuation gap comes as global economic growth has slowed down while the U.S. economy keeps humming. Last week, the Commerce Department said U.S. GDP expanded by 2.1% in the third quarter. Economies around the world, meanwhile, have been stuck in the mud as manufacturing activity falls and trade conditions tighten. In Europe, manufacturing activity hit a seven-year low in October. It rebounded slightly in November but remained in contraction territory, data from IHS Markit showed. On the trade front, the U.S.-China conflict continues as both sides try to sign a so-called phase one deal. President Donald Trump also said Monday the U.S. will restore tariffs on metal imports from Brazil and Argentina. These factors, however, have led global central banks to ease monetary policy. The European Central Bank launched a new bond-buying program earlier this year. The People’s Bank of China lowered its short-term funding rate for the first time since 2015 last month, and the Bank of Japan has kept monetary policy easy throughout 2019.

Global economic rebound?

The trade tensions between China and the U.S. have eased slightly in recent months as both sides show they are willing to reach some sort of deal. These moves could spur a resurgence in global economic growth, which would “disproportionately benefit” international stocks relative to the U.S., BCA’s Berezin said. “The sector composition of international stocks is more skewed towards cyclicals than defensives compared to US stocks,” Berezin said. “As a result, non-US stocks generally outperform their US peers when global growth accelerates.” To be sure, global stocks may be pricing in these scenarios already. Mike Wilson, chief U.S. equity strategy at Morgan Stanley, said the MSCI All-Country World Index — which measures the performance of global stocks including the U.S. — has already produced returns that are “meaningfully higher” since hitting its December 2018 lows. “That is consistent with a bottoming in global economic growth, meaning that markets are sending a signal about the turn in growth and pricing it in many cases,” Wilson said.

What to buy overseas

Wilson recommends investors buy into Japanese and Korean stocks in 2020. He also has an underweight rating on U.S. stocks heading into next year. The iShares MSCI Japan ETF (EWJ) is up more than 18% this year, on pace for its biggest annual gain since 2017. The ETF rose 22.7% that year. Japan’s Nikkei 225 index is also up 16.4% for 2019. Korean stocks, however, have not fared nearly as well this year. The iShares MSCI South Korea ETF (EWY) is down more than 2% for 2019, and the main stock index, the Kospi, is barely up year to date. Europe is another international market eyed by experts heading into 2020. Stocks in the continent are on pace for their biggest annual gain since 2009, when they surged 28%. The Stoxx 600 index, which tracks a broad number of European stocks, is up 19.3% in 2019. Cameron Brandt, director of research at EPFR, said money flows into European assets are “certainly indicating that all the bad news in Europe has been priced in.” “Given that the ECB is back in full backstop mode, and that Europe has a lot of dry powder in terms of fiscal stimulus … it’s probably fair to say the greatest potential for upside next year may be in Europe,” Brandt said. Within Europe, one market that could see further upside in 2020 is Germany, said Nuveen’s Brian Nick. The German Dax has rallied more than 20% in 2019 and is headed for its biggest one-year gain since 2013. “If we get a stabilization in growth in 2020, the internationally oriented countries should do a bit better, especially if China looks a little more solid as it seems to,” the firm’s chief investment strategist said. “Those two economies are more closely tied together than the U.S. is to either of those.”

Buy international for the new decade?


Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: fred imbert
Keywords: news, cnbc, companies, valuation, growth, bets, stocks, wall, global, international, equities, msci, index, street, economic, slump, europe, decadelong, 2020


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France says U.S. proposal on international tax reform unacceptable

France rejects a U.S. proposal this week that would let companies opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith. U.S. Treasury Secretary Steven Mnuchin raised serious questions about OECD international tax reform proposals in a letter made public on Wednesday, jarring international officials by floating the idea of a “safe harbor regime”. Le Maire said that would mean U.S. companies could opt in or out


France rejects a U.S. proposal this week that would let companies opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith.
U.S. Treasury Secretary Steven Mnuchin raised serious questions about OECD international tax reform proposals in a letter made public on Wednesday, jarring international officials by floating the idea of a “safe harbor regime”.
Le Maire said that would mean U.S. companies could opt in or out
France says U.S. proposal on international tax reform unacceptable Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-06
Keywords: news, cnbc, companies, negotiate, reform, tax, maire, france, opt, companies, unacceptable, washington, proposal, international, oecd


France says U.S. proposal on international tax reform unacceptable

France rejects a U.S. proposal this week that would let companies opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith.

U.S. Treasury Secretary Steven Mnuchin raised serious questions about OECD international tax reform proposals in a letter made public on Wednesday, jarring international officials by floating the idea of a “safe harbor regime”.

Le Maire said that would mean U.S. companies could opt in or out as they pleased, which he said would be unacceptable to France and other OECD countries.

He urged Washington therefore to negotiate on the basis that the new tax rules be binding, and said if the efforts at the OECD fell through EU countries should revive talks for a European digital tax.


Company: cnbc, Activity: cnbc, Date: 2019-12-06
Keywords: news, cnbc, companies, negotiate, reform, tax, maire, france, opt, companies, unacceptable, washington, proposal, international, oecd


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51% of 2019 net ETF inflows have gone into fixed income

“Net cash flow in ETFs this year [is] $271 billion, but 51% of that into fixed-income ETFs,” Yones said Monday on CNBC’s “ETF Edge.” Much of it has favored high-yielding fixed-income investments as well as international fixed-income plays, Yones said. Aggregate Bond ETF (AGG), the Vanguard Total Bond Market ETF (BND) and its international counterpart, (BNDX), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the iShares 20+ Year Treasury Bond ETF (TLT). We’ve seen tremendous inflows


“Net cash flow in ETFs this year [is] $271 billion, but 51% of that into fixed-income ETFs,” Yones said Monday on CNBC’s “ETF Edge.”
Much of it has favored high-yielding fixed-income investments as well as international fixed-income plays, Yones said.
Aggregate Bond ETF (AGG), the Vanguard Total Bond Market ETF (BND) and its international counterpart, (BNDX), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the iShares 20+ Year Treasury Bond ETF (TLT).
We’ve seen tremendous inflows
51% of 2019 net ETF inflows have gone into fixed income Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-05  Authors: lizzy gurdus
Keywords: news, cnbc, companies, market, 2019, inflows, weve, etf, yones, fixedincome, think, seen, gone, net, fixed, etfs, income, bond, international


51% of 2019 net ETF inflows have gone into fixed income

This year, investors are getting their fix in fixed income.

Net cash flows into U.S.-based exchange-traded funds have risen to $271 billion for 2019, putting inflows on track for their second-largest year on record, according to ETF.com.

Just over half is flowing into fixed-income ETFs, a “fascinating” trend that is likely to continue, according to Douglas Yones, head of exchange-traded products for the New York Stock Exchange.

“Net cash flow in ETFs this year [is] $271 billion, but 51% of that into fixed-income ETFs,” Yones said Monday on CNBC’s “ETF Edge.” “So, we continue to see the asset-gathering.”

That accumulation adds to the record $4 trillion in U.S. ETF assets under management this year. Much of it has favored high-yielding fixed-income investments as well as international fixed-income plays, Yones said.

Some of the most popular fixed-income ETFs on the market include the iShares Core U.S. Aggregate Bond ETF (AGG), the Vanguard Total Bond Market ETF (BND) and its international counterpart, (BNDX), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the iShares 20+ Year Treasury Bond ETF (TLT). All of them are up modestly year to date.

“High yield’s been volatile. We’ve seen tremendous inflows and then also tremendous outflows throughout the year, but it’s also in international,” Yones said. “We’ve seen almost $8 billion this year in international fixed income come in. But the primary movers, I think, have been in the short term.”

Yones attributed the short-term moves to investors reversing their assumptions that the Federal Reserve would embark on a rate-hiking cycle, as the central bank suggested it might do late last year. The Fed, however, backed off its rate-hike plans and instead cut interest rates three times over the course of 2019 before apparently deciding to pause indefinitely.

What’s interesting about the rush to typically risky high-yield plays is investors’ apparent preference for ETFs over mutual funds, Yones said.

Every time high-yield comes back into favor, “it seems like people are choosing an ETF and not necessarily a mutual fund,” he said. “We continue to see ETFs provide the exact thing they’re supposed to provide: immediate liquidity for those that want access to it, but for those that don’t — they want to be a buy-and-hold, long-term investor — the ETF wrapper provides some extra efficiencies. They tend to be a little bit more tax-efficient. They tend to have lower costs.”

Andrew McOrmond, managing director of ETF trading solutions at WallachBeth Capital, links the fixed-income dash to market newcomers.

“I attribute it to new users: insurance companies, large institutions putting money into play. It’s a dividend. They could trade it. It’s easily put on the balance sheet,” McOrmond said in the same “ETF Edge” interview.

As for high-yield ETFs, McOrmond said their inherent risk wasn’t as amplified this year as it has been in years past.

“They’re volatile, but I don’t think as overall risky as they might’ve been a few years back,” he said. “We’re in a better Fed cycle, much better than last year, so I think that’s a big difference.”

At the same time, Chris Hempstead, director of institutional business development at IndexIQ, a division of New York Life Investments, found the stock market to be “very healthy right now for equity allocations.”

“I think we’re going to see that all month long in December,” Hempstead said on Monday’s show.

For those invested in bond-based funds, Hempstead suggested cementing “your thoughts … on the shape of the yield curve,” the spread between the U.S. 2-Year and 10-Year Treasury yields.

“Despite the fact that we’ve identified all the different areas where you can invest in fixed income or not invest, you also have to assess what your time horizon looks like. Are you playing the short end of the curve or the long end of the curve?” he said. “The structure of ETFs … has held up phenomenally well with all of these inflows and even the ones that have had outflows, and there’s been quite a few big ETFs that have seen big outflows while others have been the recipients.”


Company: cnbc, Activity: cnbc, Date: 2019-12-05  Authors: lizzy gurdus
Keywords: news, cnbc, companies, market, 2019, inflows, weve, etf, yones, fixedincome, think, seen, gone, net, fixed, etfs, income, bond, international


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Trump trademark applications spiked around the world when he started running for president

in the grand ballroom of Trump International Hotel, U.S. Presidential candidate Donald J. Trump (center) speaks, with his daughter Ivanka Trump by his side, talks about the grand opening of their family’s latest property, Trump International Hotel – Old Post Office, in Washington, DC on October 26, 2016. Analyses of domestic and international trademark applications databases show that Trump, his company and his family have applied for upward of 1,000 trademarks since the late 1980s. Ivanka Trump


in the grand ballroom of Trump International Hotel, U.S. Presidential candidate Donald J. Trump (center) speaks, with his daughter Ivanka Trump by his side, talks about the grand opening of their family’s latest property, Trump International Hotel – Old Post Office, in Washington, DC on October 26, 2016.
Analyses of domestic and international trademark applications databases show that Trump, his company and his family have applied for upward of 1,000 trademarks since the late 1980s.
Ivanka Trump
Trump trademark applications spiked around the world when he started running for president Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: dan mangan ganesh setty, dan mangan, ganesh setty
Keywords: news, cnbc, companies, trademarks, trump, applications, china, international, spiked, running, brand, started, president, property, trademark, sought, world, donald


Trump trademark applications spiked around the world when he started running for president

in the grand ballroom of Trump International Hotel, U.S. Presidential candidate Donald J. Trump (center) speaks, with his daughter Ivanka Trump by his side, talks about the grand opening of their family’s latest property, Trump International Hotel – Old Post Office, in Washington, DC on October 26, 2016. The event was closed to the public, and included VIP guests and employees of Trump. (Photo by Cheriss May/NurPhoto via Getty Images)

President Donald Trump and his family have long made the Trump brand a top priority for his business — and continued doing so even as he sought and won the White House.

Analyses of domestic and international trademark applications databases show that Trump, his company and his family have applied for upward of 1,000 trademarks since the late 1980s.

A large chunk of those applications, about 200, were filed since 2015, the year that the real-estate mogul and reality TV star Trump announced his candidacy for the Republican presidential nomination. He launched his run in June of that year.

Around half of those more recent applications were filed in China — and many of those were brand protections sought by the president’s daughter Ivanka Trump, who also is a senior White House advisor.

Ivanka Trump Marks LLC in 2017 sought trademark protections in the categories that included toys, alcoholic beverages and foods in China.

At that time, the United States government was — as it continues to be — engaged in a large trade war with China at the direction of Trump.

In October 2018, Ivanka Trump — who three months earlier had said she was shutting down her personal clothing brand — won initial approval from the Chinese government for 16 new trademarks, which covered a range of products that included “voting machines.”

Also in 2018, DTTM Operations LLC — an entity controlled by the Trump Organization — sought a “Trump Plaza” trademark in the Philippines. This year, DTTM Operations applied for a “Trump Card” trademark in the European Union.

Trump and his family’s maintenance of trademarks and applications of trademarks, along with his seeking new trademarks while running for and winning the presidency, raise both ethical red flags and constitutional concerns, according to a public advocacy group, Democratic lawmakers and the Democratic National Committee.

Those concerns are certain to persist if Trump wins re-election next November and continues profiting from the trademark protections.

Daniel Wessel, the deputy War Room director of the Democratic National Committee said, “Despite his promises, Donald Trump never fully separated himself from his company, which has continued to do business globally.”

‘His ongoing ties raise massive conflicts of interest and undermine his claims to an ‘America First’ agenda. Instead of putting the American people first, Trump has only put himself first,” Wessel said.

The White House did not immediately respond to a request for comment from CNBC.

Alan Garten, the chief legal officer for the Trump Organization, which is being run by Trump’s adult sons, Donald Jr. and Eric, provided CNBC with a prepared statement:

Like every other major international brand, the Trump Organization has been zealously protecting its intellectual property rights around the world for more than 20 years. Such efforts have particularly concentrated on so-called “first-to-file” countries where trademark infringement is rampant. In China, where some of the world’s most recognized brands have had their intellectual property rights either stolen or held for ransom, the Trump Organization’s efforts date back more than a decade. Indeed, prior to June of 2015, the company had successfully registered more than 70 trademarks just in China alone. Many of these registrations have been in key categories such as real estate services, real estate development, hotels, golf courses and entertainment. The company’s most recent efforts to enforce its intellectual property rights merely seek to build on a foundation that was established years ago in order protect its valuable brand.

The trade publication World Trademark Review, in late October, reported that its analysis of Trump-related marks found applications for trademark in around 80 countries, and that 2016, the year of the presidential election, was the “single biggest year” for Trump trademark filings.

“Foreign [trademark] filings by entities related to Trump have slowed but not ceased since his inauguration,” WTR reported.

A separate, more recent analysis obtained and reviewed by CNBC backs up WTR’s findings.


Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: dan mangan ganesh setty, dan mangan, ganesh setty
Keywords: news, cnbc, companies, trademarks, trump, applications, china, international, spiked, running, brand, started, president, property, trademark, sought, world, donald


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China’s overseas financial links deepen despite trade tensions with US

U.S. one-hundred dollar banknotes and Chinese one-hundred yuan banknotes are arranged for a photograph in Hong Kong on April 15, 2019. Foreign money is still betting on China, regardless of a slowdown in its economic growth, or tense trade negotiations with the United States. “Beyond financial considerations, this issuance also reflects China’s ongoing efforts to integrate itself into global financial markets, and delivers a strong message that it welcomes foreign investors.” The Chinese governm


U.S. one-hundred dollar banknotes and Chinese one-hundred yuan banknotes are arranged for a photograph in Hong Kong on April 15, 2019.
Foreign money is still betting on China, regardless of a slowdown in its economic growth, or tense trade negotiations with the United States.
“Beyond financial considerations, this issuance also reflects China’s ongoing efforts to integrate itself into global financial markets, and delivers a strong message that it welcomes foreign investors.”
The Chinese governm
China’s overseas financial links deepen despite trade tensions with US Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-29  Authors: evelyn cheng
Keywords: news, cnbc, companies, chinas, trade, yuan, foreign, overseas, investors, china, international, financial, tensions, deepen, chinese, despite, issuance, local, links


China's overseas financial links deepen despite trade tensions with US

U.S. one-hundred dollar banknotes and Chinese one-hundred yuan banknotes are arranged for a photograph in Hong Kong on April 15, 2019.

Foreign money is still betting on China, regardless of a slowdown in its economic growth, or tense trade negotiations with the United States.

As global bond yields remain low, investors clamored for China’s biggest ever international sovereign bond sale on Tuesday, with orders for the $6 billion raise reaching 3.6 times the issuance, according to China’s Ministry of Finance.

“We still have a lot of investors who have confidence in investing in China,” Frank Zheng, head of international fixed income at China Asset Management Company, said in a phone interview Thursday, according to a CNBC translation of his Mandarin-language remarks.

The issuance yields for the four tranches of bonds ranged from 1.929% for a three-year term to 2.881% for a 20-year term, the finance ministry said.

“The tight spreads achieved provides a very positive signal on China’s fundamentals from an international investor’s perspective,” Rong Ren Goh, portfolio manager in Eastspring Investments’ fixed income team, said in an email. “Beyond financial considerations, this issuance also reflects China’s ongoing efforts to integrate itself into global financial markets, and delivers a strong message that it welcomes foreign investors.”

The Chinese government has picked up the pace of a long-touted opening of the local financial industry to foreign investors, peeling back limits on foreign stakes and quotas for foreign securities investment. The moves come as Beijing is under pressure from the U.S. to improve foreign access to Chinese markets, and needs to attract more capital into the local market.

Zhao Bowen, research director at Beijing-based Blue Stone Asset Management, pointed out that in the third quarter, China’s non-reserve financial assets broke a trend of running a surplus and instead posted a significant deficit that was greater than the current account surplus. Zhao also noted how trade tensions with the U.S. pushed the yuan weaker, giving Beijing more incentive to attract foreign capital.

While the majority of China’s debt (which has soared to a more-than-300% debt-to-GDP ratio) is denominated in local currency, Beijing needs U.S. dollars and other major foreign currencies for doing business with other countries, as the internationalization of the yuan makes slow progress.


Company: cnbc, Activity: cnbc, Date: 2019-11-29  Authors: evelyn cheng
Keywords: news, cnbc, companies, chinas, trade, yuan, foreign, overseas, investors, china, international, financial, tensions, deepen, chinese, despite, issuance, local, links


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Here’s where you can retire nicely on just $30,000 a year … outside the US

The average monthly Social Security check is $1,404, and more than 40% of single adults receive more than 90% of their income from that check, according to the government. Here are the international cities where that check will go far, according to International Living. Juampiter | Flickr Open | Getty ImagesCouples can live in this town in southern Portugal for $2,080 a month, or $24,960 a year, according to International Living. jlazouphoto | iStock | Getty ImagesCouples can retire in this trop


The average monthly Social Security check is $1,404, and more than 40% of single adults receive more than 90% of their income from that check, according to the government.
Here are the international cities where that check will go far, according to International Living.
Juampiter | Flickr Open | Getty ImagesCouples can live in this town in southern Portugal for $2,080 a month, or $24,960 a year, according to International Living.
jlazouphoto | iStock | Getty ImagesCouples can retire in this trop
Here’s where you can retire nicely on just $30,000 a year … outside the US Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-28  Authors: annie nova
Keywords: news, cnbc, companies, retire, living, international, according, caribbean, 30000, month, lagos, nicely, check, getty, live, town, heres, outside


Here's where you can retire nicely on just $30,000 a year ... outside the US

Getty Images

If you’ve been racking your brain about where to retire on a budget, it might be time to think outside the U.S. A report by International Living, which publishes information about living overseas, lists destinations where you can coast through retirement on less than $30,000 a year. To be sure, retiring in a new country will require studying up on tax implications, along with pulling off some other logistical maneuvering.

Yet for many older Americans, the work will be well worth finding a new, affordable place to spend their golden years. The average monthly Social Security check is $1,404, and more than 40% of single adults receive more than 90% of their income from that check, according to the government. Here are the international cities where that check will go far, according to International Living.

1. Puerto Viejo, Costa Rica

Puerto Viejo in Limon, Costa Rica. F.J. Jiménez | Moment | Getty Images

A couple can live comfortably in this coastal town on the Caribbean Sea for just $2,025 a month, or $24,300 a year, according to International Living. You’ll find warm weather, beaches, and Italian, Argentinian and French restaurants.

2. Lagos, Portugal

Praia Dona Ana, Lagos in the Portuguese Algarve. Juampiter | Flickr Open | Getty Images

Couples can live in this town in southern Portugal for $2,080 a month, or $24,960 a year, according to International Living. Lagos, on the Atlantic and boasting with moderate climate year-round, is great for retirees who want to live near the ocean. Transportation options abound and the city is fairly flat, making it great for walking, too.

3. Akumal, Mexico

The Akumal Caribbean beach in Riviera Maya. jlazouphoto | iStock | Getty Images

Couples can retire in this tropical town south of Cancun for $2,240 a month, or $26,880 a year, according to International Living. “Famously known for its spectacular clear bay filled with sea turtles, Akumal has matured from a secretive destination for divers to a growing tourist hotspot,” the overseas retirement site says of the town, which lies between resorts Playa del Carmen and Tulum on Mexico’s Caribbean coast.

4. Volcan, Panama

A view of Volcan Baru. Eddie Gerald | Moment Open | Getty Images

Volcan will cost couples around $1,500 a month, or $18,000 a year, in living expenses. This inland town lies in the middle of a farming community in a valley, and has a population around 14,000. You’ll need to speak some Spanish to be able to communicate with locals and do business, according to International Living.

5. Medellin, Colombia


Company: cnbc, Activity: cnbc, Date: 2019-11-28  Authors: annie nova
Keywords: news, cnbc, companies, retire, living, international, according, caribbean, 30000, month, lagos, nicely, check, getty, live, town, heres, outside


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China raises $6 billion in its biggest ever international bond sale

A Chinese flag floats in the middle of traditional lanterns on February 17, 2018 in Beijing, China. China raised $6 billion in its biggest ever international sovereign bond sale on Tuesday, as it pounced on the year’s sharp dive in borrowing costs. A 3-year issue priced 35 basis points above benchmark U.S. Treasuries, a source at one of the managing banks said. A 5-year bond priced at 40 bps above Treasuries, a 10-year at 50 bps above Treasuries and a 20-year tranche at 70 bps above Treasuries,


A Chinese flag floats in the middle of traditional lanterns on February 17, 2018 in Beijing, China.
China raised $6 billion in its biggest ever international sovereign bond sale on Tuesday, as it pounced on the year’s sharp dive in borrowing costs.
A 3-year issue priced 35 basis points above benchmark U.S. Treasuries, a source at one of the managing banks said.
A 5-year bond priced at 40 bps above Treasuries, a 10-year at 50 bps above Treasuries and a 20-year tranche at 70 bps above Treasuries,
China raises $6 billion in its biggest ever international bond sale Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-27
Keywords: news, cnbc, companies, source, treasuries, biggest, bonds, sovereign, international, raises, bps, priced, sale, ministry, markets, billion, bond, china


China raises $6 billion in its biggest ever international bond sale

A Chinese flag floats in the middle of traditional lanterns on February 17, 2018 in Beijing, China.

China raised $6 billion in its biggest ever international sovereign bond sale on Tuesday, as it pounced on the year’s sharp dive in borrowing costs.

The finance ministry sold the bonds in four tranches. A 3-year issue priced 35 basis points above benchmark U.S. Treasuries, a source at one of the managing banks said. A 5-year bond priced at 40 bps above Treasuries, a 10-year at 50 bps above Treasuries and a 20-year tranche at 70 bps above Treasuries, the source said.

The deal comes after a market rally this year that has driven global bond yields sharply lower, significantly decreasing the cost of financing compared with its previous dollar issuance in October 2018.

The $6 billion total was roughly double the original target and order books — or demand — for the bonds had been over $20 billion earlier in the day, according to Refinitiv capital markets news service IFR.

“This has been the largest Reg-S offering by an Asian sovereign issuer to date,” said Sam Fischer, head of China onshore debt capital markets at Deutsche Bank, one of 13 banks mandated to lead the sale.

China’s finance ministry had signaled the move would help it improve its bond yield curve.

It will “provide a pricing benchmark for Chinese enterprises issuing U.S. dollar bonds,” Bank of China had said in a statement on its website on Tuesday.


Company: cnbc, Activity: cnbc, Date: 2019-11-27
Keywords: news, cnbc, companies, source, treasuries, biggest, bonds, sovereign, international, raises, bps, priced, sale, ministry, markets, billion, bond, china


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China has overtaken the US to have the world’s largest diplomatic network, think tank says

Foreigners wave Chinese flags during a flash mob event celebrating the 70th anniversary of the founding of the People’s Republic of China at Yiwu International Trade City on August 15, 2019 in Yiwu, Zhejiang Province of China. China has overtaken the U.S. to become the world’s largest diplomatic network, according to the latest annual report from a Sydney-based think tank. The Lowy Institute’s 2019 Global Diplomacy Index, published Wednesday, showed China had climbed to the top spot for the firs


Foreigners wave Chinese flags during a flash mob event celebrating the 70th anniversary of the founding of the People’s Republic of China at Yiwu International Trade City on August 15, 2019 in Yiwu, Zhejiang Province of China.
China has overtaken the U.S. to become the world’s largest diplomatic network, according to the latest annual report from a Sydney-based think tank.
The Lowy Institute’s 2019 Global Diplomacy Index, published Wednesday, showed China had climbed to the top spot for the firs
China has overtaken the US to have the world’s largest diplomatic network, think tank says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-27  Authors: sam meredith
Keywords: news, cnbc, companies, lowy, largest, report, china, worlds, diplomatic, think, international, number, overtaken, tank, network, published, spot, yiwu, index


China has overtaken the US to have the world's largest diplomatic network, think tank says

Foreigners wave Chinese flags during a flash mob event celebrating the 70th anniversary of the founding of the People’s Republic of China at Yiwu International Trade City on August 15, 2019 in Yiwu, Zhejiang Province of China.

China has overtaken the U.S. to become the world’s largest diplomatic network, according to the latest annual report from a Sydney-based think tank.

The Lowy Institute’s 2019 Global Diplomacy Index, published Wednesday, showed China had climbed to the top spot for the first time, underlining Beijing’s growing international ambitions.

The index is an analysis of the number of embassies and consulates maintained by countries around the world.

The Australian think tank reported China had 276 diplomatic posts worldwide, narrowly ahead of the U.S., which was found to have 273. The two countries were found to have an equal number of embassies, but Beijing has more consulates around the world than Washington.

“It’s ascent to the top spot has been rapid,” Bonnie Bley, lead researcher from the Lowy Institute, said in the report published Wednesday.


Company: cnbc, Activity: cnbc, Date: 2019-11-27  Authors: sam meredith
Keywords: news, cnbc, companies, lowy, largest, report, china, worlds, diplomatic, think, international, number, overtaken, tank, network, published, spot, yiwu, index


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Expect travel delays as more than 55 million people hit the roads, rails and skies for Thanksgiving

(Photo by Patrick Gorski/NurPhoto via Getty Images)There will be little chance of escaping the crowds on the road, at the airport and even on the rails this Thanksgiving. More than 55 million people are expected to travel 50 miles or morefor the holiday this week, according to AAA. That would be the most Thanksgiving travelers since 2005 and a nearly 3% uptick from last year. Wednesday and Sunday will be the worst days for the road with traffic delays 3.5 times longer than normal in major metrop


(Photo by Patrick Gorski/NurPhoto via Getty Images)There will be little chance of escaping the crowds on the road, at the airport and even on the rails this Thanksgiving.
More than 55 million people are expected to travel 50 miles or morefor the holiday this week, according to AAA.
That would be the most Thanksgiving travelers since 2005 and a nearly 3% uptick from last year.
Wednesday and Sunday will be the worst days for the road with traffic delays 3.5 times longer than normal in major metrop
Expect travel delays as more than 55 million people hit the roads, rails and skies for Thanksgiving Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: ganesh setty, leslie josephs
Keywords: news, cnbc, companies, skies, expected, lyft, passengers, delays, travel, million, thanksgiving, hit, week, train, international, amtrak, roads, expect, airport, rails


Expect travel delays as more than 55 million people hit the roads, rails and skies for Thanksgiving

Masses of vehicles move slowly on the Montrose Ave overpass at the 1-90 Kennedy Expressway and the I-94 Edens Split the day before Thanksgiving in Chicago, Illinois. (Photo by Patrick Gorski/NurPhoto via Getty Images)

There will be little chance of escaping the crowds on the road, at the airport and even on the rails this Thanksgiving.

More than 55 million people are expected to travel 50 miles or morefor the holiday this week, according to AAA. That would be the most Thanksgiving travelers since 2005 and a nearly 3% uptick from last year.

Wednesday and Sunday will be the worst days for the road with traffic delays 3.5 times longer than normal in major metropolitan areas the day before Thanksgiving.

While taking a train may seem easier than traveling by road or air, this is the busiest week of the year for Amtrak too. Amtrak is expecting a volume this week similar to last year’s record of more than 846,000 passengers — and is deploying every working train car in its fleet to meet the surge in demand.

New York’s Penn Station, an Amtrak hub, saw an almost 58% increase last year from normal passenger traffic on the Wednesday before Thanksgiving and an almost 54% increase on the following Sunday. In Chicago and Boston, the number of passengers rose by more than 80% on those days when compared with normal volume. The best way to keep track of possible delays is to use Amtrak’s train tracker and show up early in case of long wait times, said Amtrak spokesman Jason Abrams.

If you’re one of the 4.45 million expected to fly this week, the top three airports with the most expected disruptions include Chicago’s O’Hare International Airport, Atlanta’s Hartsfield-Jackson International Airport and San Francisco International Airport, according to AirHelp, a company that helps travelers request compensation from airlines for botched travel plans. Those flying internationally for the holiday, meanwhile, can expect the shortest wait times in Phoenix, San Jose and Baltimore, according to Airside Mobile.

Atlanta’s Hartsfield-Jackson, the world’s busiest airport, expects roughly 1.3 million passengers between Wednesday and Sunday. The airport expects more than 300,000 fliers on Sunday alone.

Travelers should arrive at least two hours early for domestic flights and three hours early for international flights, said airport spokeswoman Jennifer Ogunsola.

Ride-hailing apps such as Uber and Lyft also expect a spike in demand.

To avoid any unexpected surge in prices, Lyft recommends using their scheduled rides feature to lock in a predicted rate based on average fares at that time. For the 43% of riders who use Lyft to get to the airport, Lyft also partners with Delta and Hilton to give passengers extra Delta SkyMiles or points in the Hilton Honors rewards program.

Uber also has a scheduled rides feature. It will offer $25 off “Comfort Rides,” or UberXs with more legroom and headroom, to all riders taking an Uber on Wednesday to certain airports: San Francisco International, Los Angeles International, Chicago’s O’ Hare International or Dulles International near Washington, D.C.

Inclement weather threatens to throw another wrench into Thanksgiving travel plans, with heavy rain and snow expected across the central U.S., plus northwest California and southwest Oregon. Heavy snow has already started to impact Ohio, Pennsylvania, Massachusetts and Vermont.


Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: ganesh setty, leslie josephs
Keywords: news, cnbc, companies, skies, expected, lyft, passengers, delays, travel, million, thanksgiving, hit, week, train, international, amtrak, roads, expect, airport, rails


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