Tuesday, February 14, 2012

Quick Overview

  • @TheDailyShow @RickSantorum "Government cannot force you to pay for something that violates faith or beliefs." // Great advice for tax season!

  • QoQ Japan's economy shrank by 0.6%. Japan is taking further monetary easing steps by setting its price stability goal at one percent to fight deflation, while expanding its asset purchase program by 10 trillion yen to 65 trillion yen. BOJ also decided to hold its interest rate steady at zero to 0.1%.

  • Moody’s lowered the outlook on France, Britain and Austria to negative, but kept their ratings at triple-A for now.

  • Obama has charged more whistleblowers under the 1917 Espionage Act than all previous Presidents combined.

  • Crude-oil supplies in the U.S. rose 2.9 million barrels in the week ended Feb. 10.
  • Gasoline supplies rose 1.8 million barrels
  • Distillates declined 2.2 million barrels.

  • (Prichard) A Greek default and traumatic ejection from the euro moved a step closer last night after Eurozone finance ministers cancelled a crucial meeting, accusing Athens of failing to flesh out austerity cuts

  • Austria and Switzerland are aiming to join hands in their effort to fight tax evasion with an agreement being negotiated by the two governments.

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