Italy output continually falls, hope of recovery fading. Bank of Canada says homes overvalued. US loan demand for new homes drops 22 percent in November. Obama says cheap oil improving economy. Retails sales driven by auto sales not holiday season purchases. Radio Shack collapsing during the holiday season.Children living in poverty rising in US. Yuan has could be a reserve currency come 2015. US government removing the peoples rights and now making a move to federalize the local police. Congress just passed legislation to spy on every American. Pentagon thinking of place nukes in Europe. US using propaganda to say Assad is now working with the Islamic State.
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Current News – 12.11.2014
- Italian industrial output was weaker than expected in October, slipping 0.1 percent from the month before and offering no sign of recovery for Italy’s recession-bound economy