Monetary policy should not be used to tackle housing bubble: David Dodge
Postmedia News/Ted Rhodes
The inflation of housing prices in Toronto and Vancouver is an issue of foreign buying rather than excess consumer borrowing so it should not be addressed with monetary policy, former Bank of Canada governor David Dodge says.
Tags: Monetary
Legislature punts, so sheriff cracks down on gambling
Since the Florida Legislature failed to act this year to clarify the legal status of the states burgeoning, unregulated Internet cafe industry, Pinellas County Sheriff Bob Gualtieri should continue to crack down on the predatory gambling parlors. Internet cafes continue to pop up across Florida under the absurd proposition they are not illegal gambling enterprises under current law. Until the Legislature changes the law or regulates Internet cafes, law enforcement officials should continue to enforce the law and not look the other way.
In an arrest warrant last month for Palm Harbor Internet cafe owner Megan Crisante, deputies cited a report by gambling expert Robert Sertell that said...
Tags: Gambling
Lower Trinity Valley Bird Club meets May 12, take a trip to Anahuac National …
The May meeting of the Lower Trinity Valley Bird Club will be held on Sat., May 12, 2012 at 10 am at the Anahuac National Wildlife Refuge Visitor’s Center located just two miles south of I-10 on FM 563 in Chambers County.
The LTVBC will participate in the International Migratory Bird Day Event from 10 am to 2 pm at the Anahuac Refuge Visitor’s Center.
The LTVBC will have a meeting from 10 to 11 am that will be open to the public.
After the meeting, you will be able to take part in the various activities, bird walks, and viewing the new center.
The LTVBC will give a presentation on Swallow-tailed Kites and the Liberty/Dayton Birding Loop.
If you have...
Tags: Take A Trip
Internet Gambling Operator Plans to Buy
It has been revealed by the internet gambling operator Betsson AB that it is planning to buy Nordic Gaming Group, the private gaming company, for an outstanding 65 million euros. This revelation came days after confirmed news regarding the creation of Angler Gaming, its latest subsidiary based in Malta. Speaking of which, it has been announced by Betsson a week ago that Angler Gaming is planned to target its focus on thirty non-core markets in different continents that included America, Europe and Africa.
Back to the main topic, as a result of the purchasing of Nordic Gaming Group, Betsson is on the right path to empower its operations in the Nordic region. It also works in its favor...
Tags: Gambling
IMF Recommends Azerbaijan to Reconsider Scope of Monetary Policy
(Source: A. Akhundov Trend News Agency, Baku, Azerbaijan (MCT) — The International Monetary Fund (IMF) recommends Azerbaijan reconsiders the scope of monetary policy, deputy director of the IMF Middle East and Central Asia Department Nadeem Ilahi said at a press conference in Baku today.
Monetary policy may be toughened in case of pressure in terms of demand, he said. However, the existing tools are limited and require strengthening. The mission recommends redoubling efforts to develop a new framework for monetary policy to mitigate the volatility of inflation. It also urges official bodies to take active efforts to intensify the markets of debt obligations and capital and to improve...
Tags: Monetary
Weekend Events: Herbs, Fests, Brawls and Lemonade
Weekend Events: Herbs, Fests, Brawls and Lemonade
May 2, 2012 #124; Story by: staff #124; Categories: Events, Featured
Lindsey Chester edits the CaryCitizen Calendar of Events. Photo by Hal Goodtree.
Cary, NC – Get ready for another surprising and entertaining weekend in Cary with a visit from Joe and Terry Graedon of the People’s Pharmacy, Herbfest, two road races, Triangle Lemonade Day, a Punjabi festival, JamFest and two theater productions. All this weekend on the CaryCitizen Calendar of Events.
Friday: Joe amp; Terry Graedon
Joe and Terry Graedon of The People Pharmacy on NPR will lead a lively discussion on herbal remedies to kick...
Tags: Take A Trip
Group Seeks Suspension of Iran From IMF
An American advocacy group that has successfully pushed to isolate Iran economically through sanctions and business boycotts opened a new front in that effort on Tuesday, seeking to pressure the International Monetary Fund to withdraw all its holdings in Iran’s central bank or to suspend Iranian membership.
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Tags: Monetary
Japan April monetary base down 0.3 pct year/year -BOJ
TOKYO, May 2 (Reuters) – Japans monetary base slipped 0.3
p ercent in April from a year earlier, Bank of Japan data showed
on Wednesday.
Current account deposits at the central bank slid 2.9
percent, after falling 3.6 percent in March.
Details were as follows (percent, year-on-year, with final
column showing seasonally adjusted month-on-month change in
monetary base):
Monetary BOJ note Coins Current Bank Month-
base issuance in circ deposits resrvs on-month
Apr -0.3 +0.9 -0.1 -2.9 +0.3 +90.5
Mar -0.2 +0.9 +0.1 -3.6 -1.4 -11.7
...
Tags: Monetary
Is tight right for nation’s monetary policy?
Shoppers purchase vegetables at a market in Shanghai. Chinas consumer price index, a measure of inflation, was 3.6 percent in March, up from 3.2 percent in February. Yang Yi / for China Daily
Economists debate whether govt should prioritize inflation or growth
Higher-than-expected inflation and concerns over a further slowdown in economic growth have renewed the debate among Chinese economists over the nations growth prospects and what direction government economic policy should take.
Some economists said prices will continue to rise at a similar pace to Marchs. And any slight loosening of monetary policy will send price rises back to a dangerous...
Tags: Monetary
Rabies awareness, prevention are coordinated effort
Animal Services must maintain the public health and safety through enforcing state and local laws and ordinances related to domestic animals, as well as monitoring diseases from certain wild animals. To accomplish this, Animal Services partners with many community members.
One such partner is the Florida Department of Health, which includes the Manatee County Health Department. The Health Department is also concerned about the exposures of domestic animals from other animals, whether they are wild, stray or domestic pets.
Animal Services and the Health Department work together to assure the public is protected from exposure to diseases spread from animals. A particularly...
Tags: Domestic Pets