Sunday, January 22, 2017

QUICK OVERVIEW


  • (MF) Only one-third of American adults have an IRA, and just 18% actively contribute to their account to save for retirement, according to a 2016 survey by financial-services organization TIAA.
  • (Fortune) Fewer than 2% of Indians have credit cards. 
  •  Société General projects a global sugar stock-to-use ratio of 19.6% in 2016/17 and 18.9% in 2017/18 
  •   GMS, the world’s leading cash buyer of ships declared that the worst seem to be over for the ship recycling industry. 
  •  The median home value in the U.S. is now $192,500, according to Zillow's November Real Estate Market Report, just 2 percent shy of 2007 peak. 

  • Two major cities in central China have further tightened housing purchase restrictions in the latest bid to rein in rising house prices. 

  • Trump/Putin agree: Let's revive the nuclear arms race… Trump and Putin fired the starting gun on a new nuclear arms race as they both vowed to launch a major expansion of their countries' arsenals. Dumbfounding nuclear experts with his “tweet” that the U.S. should "expand its nuclear capability," something no president has called for in decades…

  •  Cesium-134, the so-called fingerprint of Fukushima, was measured in seawater samples from the west coast of the United States and a salmon sampled from Canada, researchers said. 

  • (Reuters) Asia will post its biggest net refining capacity addition in three years in 2017, further boosting demand for crude in the world's biggest and fastest growing oil consuming region. 

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