The use of a national currency, such as the U.S. dollar, as global reserve currency leads to tension between its national and global monetary policy. This is reflected in fundamental imbalances in the balance of payments, specifically the current account, as some goals require an outflow of dollars from the United States, while others require an overall inflow.
what the Sanders movement, with its demands for purity and contempt for compromise and half-measures, most nearly resembles is not the Trump insurgency but the ideologues who took over the G.O.P., becoming the establishment Mr. Trump is challenging.
Vielleicht hätte ich den Tender als „Dicke Bertha“ ankündigen sollen, dann hätten alle zugehört.“
institutional support would be forthcoming, if needed. Following a reorganisation of Landesbank Berlin Holding AG (LBBH) at end-2014, Berlin Hyp's ownership was transferred from Landesbank Berlin (LBB) directly to LBBH, which is ultimately owned by the Sparkassen. As part of the restructuring, Berlin Hyp entered into a profit-and-loss transfer agreement with LBBH. Berlin Hyp remains a member of the mutual support scheme of the German Landesbanken and is not directly a member of the savings banks' scheme
Comments from respondents include: "Some reduction in force due to flat revenue" and "Streamlining the organization and removing some positions."
"Dijsselbloem: out of Schengen if no refugees taken"
"A federal judge ruled against the National Security Agency on Monday, saying that its bulk collection of telephone metadata “likely violates the constitution”.
In a case brought by activist Larry Klayman, Washington DC district court judge Richard Leon ruled that the NSA must cease collecting the defendants’ information. Leon said he believed it was “substantially likely” that “the program is unlawful”, and that in that event, “the plaintiffs have suffered concrete harm traceable to the challenged program”."
"Slovakia has announced it will only accept Christian migrants when it takes in Syrian refugees under an EU relocation plan.
Interior Ministry spokesman Ivan Metik said the Eastern European nation will accept 200 Christian migrants from camps in Turkey, Italy and Greece, as Muslim migrants would not integrate as easily into Slovakia's predominantly Christian population. "
"The Greek government appears likely to call a confidence vote following a rebellion among lawmakers from the ruling SYRIZA party over the country's new bailout deal, senior ministers said on Monday."
"Distressed bonds have lost 8.2 percent this month as oil and coal prices slid, bringing this year’s loss to 12.2 percent, according to a Bank of America Merrill Lynch index that tracks the debt. The securities are on pace to lose more than 20 percent for the second straight year, the worst performance since 2008. SandRidge Energy Inc. bonds have lost almost 30 percent this month through Tuesday, while notes of miner Cliffs Natural Resources Inc. were down more than 27 percent."
"Today the Court abandons this long-held, basic limitation on government power. Under the banner of economic development, all private property is now vulnerable to being taken and transferred to another private owner, so long as it might be upgraded–i.e., given to an owner who will use it in a way that the legislature deems more beneficial to the public–in the process. To reason, as the Court does, that the incidental public benefits resulting from the subsequent ordinary use of private property render economic development takings “for public use” is to wash out any distinction between private and public use of property–and thereby effectively to delete the words “for public use” from the Takings Clause of the Fifth Amendment. Accordingly I respectfully dissent.