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reminiscences of a stock operator pdf

Austerity Drives Greek Suicides To Record Level As Germany’s Decrease

Austerity Drives Greek Suicides to Record Level as Germany’s Decrease

Suicides in Greece rose to their highest level in 30 years following the implementation of the country’s severe austerity programme in 2011, new figures reveal, in stark comparison with EU superpower Germany where suicide rates have continuously declined over the last two decades. After severe cuts were introduced in Greece in June 2011 suicides increased by…

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Russia’s Government Outlines $35 Billion Anti-Crisis Plan

Russian Government Outlines $35 Billion Anti-Crisis Plan

Russia’s government intends to spend at least 2.34 trillion roubles ($35 billion) to help the economy withstand Western sanctions and the collapse in oil prices, according to a plan which implies the final cost could be much higher. Only 22 of the 60 items were costed, suggesting that the final cost of the plan may be…

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Global Macro Funds In Shock After Swiss Decide To Remove Currency Cap

Markets in Shock After Swiss Decide to Remove Currency Cap

NEW YORK/LONDON (Reuters) – Currency speculators, especially large global macro hedge funds with big short positions in the Swiss franc, are staring massive losses in the face after the Swiss National Bank shocked markets on Thursday by removing a three-year-old cap on the currency. The move sent the safe-haven franc soaring against the euro and the…

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Top Executives Earn the Average Annual UK Salary in Just Two Days

Top Executives Earn the Average Annual UK Salary in Just Two Days

Pay inequality in the UK has grown worse in the last year with today, Tuesday 6th January, marking the point at which Britain’s top executives will have amassed the same amount of pay as the average worker’s earnings for a whole year. The figure, which is calculated by the High Pay Centre think tank which monitors…

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ISIS ‘Releases 2015 Budget Projections’ of $2bn with $250m Surplus

ISIS ‘Releases 2015 Budget Projections’ of $2bn with $250m Surplus

The jihadist group Islamic State (ISIS) has estimated its 2015 budget at $2 billion, allegedly covering costs for wages of fighters and compensation of dead militants’ families, Iraqi religious cleric Sheikh Abu Saad al-Ansari told Qatari news publication Al-Araby on Monday. According to al-Ansari ISIS fighters are left with a budget surplus of $250 million which…

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Uber

Uber Is Going to Eat Your Children…

Uber Is Going to Eat Your Children…

The tech industry constantly unleashes thrilling ideas that race through the population like pink eye in a preschool. Some of them, like e-commerce and the Long Tail, have staying power. Others look silly in the rearview mirror—burning millions of dollars to gain “eyeballs” did not continue to be an admirable business strategy after the dot-com bubble…

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The Fed’s Special Cookie Jar

The Fed’s Special Cookie Jar

In spring 2009, a bank examiner inside the Federal Reserve Bank of New York called colleagues with worrisome news: Yet another crisis was brewing for Citigroup, the global banking giant that despite taking more than $476 billion in bailout cash and guarantees, the most of any rescued bank, was near collapse. That financially tumultuous spring, Citigroup…

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Wealth Inequality

One Nation Divided by Wealth

One Nation Divided by Wealth

Government policy is the wedge dividing the very richest from everyone else in America. The gap between the have-mores and have-nots will narrow and widen now and then as the economy contracts and expands, but over the long run, this chasm will become ever wider unless we change current government rules. As Eric Schneiderman, the New…

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reminiscences of a stock operator pdf

Russia’s Oligarchs: Rich Enough to Still Afford Caviar

Russia’s Oligarchs: Rich Enough to Still Afford Caviar

It would seem to be a stressful holiday season for Russia’s ultra-wealthy elite, the gilded class of post-Communist billionaires with a taste for costly things and close ties to Russian President Vladimir Putin. The secretive group, known popularly as the oligarchs, for their control over Russia’s oil, metals, banking, gas, fertilizer, electricity, railways, aviation, defense and…

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Russian Stocks

Russia’s Richest Lose $10 Billion in Two Days

Russia’s Richest Lose $10 Billion in Two Days
Russia’s 20 richest businessmen have lost $10 billion this week according to Bloomberg’s Billionaire Index after the Central Bank of Russia hiked up interest rates by 7% on Tuesday in a bid to stop a currency slide which has seen the Russian rouble devalue faster than during the 1998 financial crisis. In his annual press conference…

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Russia Raises Key Interest Rate To 17 Percent Overnight In Bid To Halt Ruble Collapse

Russia Raises Key Interest Rate to 17 Percent Overnight

(Reuters) – Russia’s central bank raised its key interest rate to 17 percent in the early hours of Tuesday morning in an emergency move to halt a collapse in the ruble as oil prices decline and the country’s sanctions-hit economy slides towards recession. The ruble RUB= RUB=EBS strengthened sharply after the decision, recouping some of its…

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reminiscences of a stock operator pdf

Tech Bubble? No, It’s a Startup Wealth Gap

Tech Bubble? No, It’s a Startup Wealth Gap

The technology industry has what you might call a “Cosby”—a dark secret that undercuts its image. Tech on the surface looks bubble-hot. Valuations can seem crazy: WhatsApp was bought for $22 billion, Uber is worth $41 billion, Alibaba has a market cap of more than $250 billion. If this feels too much like 1999, then at…

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Uber

Exclusive: Uber Offered Woman £20 Credit After Sexual Harassment Allegation

Exclusive: Uber Offered Woman £20 Credit After Sexual Harassment Allegation

Uber offered a woman £20 credit after she reported being sexually harassed during a journey, it’s been revealed. In an email exchange seen by Newsweek, the female passenger first notified the company of the driver’s misconduct saying: “Driver was very forward and quite creepy. Asked me if I wanted him to go down on me. Not…

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Uber

Exclusive: London Cabbies Say Uber Is Dangerous Because of ‘Immigrant Drivers’

Steve McNamara, the general secretary for The Licensed Taxi Drivers Association (LTDA) has spoken out against Uber, accusing the taxi-booking app of using immigrant drivers who have not been screened properly due to the fact they come from “third world countries”, and saying they are “more dangerous” than black cabs. When discussing Monday’s news that Delhi…

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Fleeing War And A Crumbling Economy, Ukrainians Flock To Europe


Andriy left his home town in western Ukraine earlier this year on a journey that brought him through the hands of shady traders in Poland to one of the world’s booming markets for illegal immigrants – London. Fleeing the strife of war with Russian-backed fighters and a shattered economy, Andriy is following a path similar to…

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