Copyrighting Tattoos: Lawsuit Against NBA 2K Creator Over Player Depictions

Trading 13 sept 2017 Commentaire »
A United States district court case may have major implications for copyright law as the court will issue a ruling that will determine if tattoos inked on a person’s body can be placed under copyright protections by the artists.

EUROPE: European Union Calls For Sanctions Against Venezuela

Trading 13 sept 2017 Commentaire »

The European Union condemned the elections to the National Constituent Assembly (ANC) of Venezuela, held on July 30, "since it violates the separation of powers principle."

A resolution on the issue was approved by a 526-96 vote, with 59 abstentions.

The EU "does not recognize these elections nor the actions or decisions adopted by the recently constituted Assembly due to its lack of legitimacy," the statement said.

The EU also regretted the violence in Venezuela, expressing deep concern about the persecution and repression of members of the National Assembly displaced by the ANC. Also, the EU rejected the dismissal of the attorney general and members of the Venezuelan Supreme Court.

"MEPs reiterate their request to the Venezuelan authorities for the immediate and unconditional release of all political prisoners and call for an electoral calendar that allows free and transparent electoral processes," the statement said.


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Scorching Hot Exoplanet Has Rare Titanium Atmosphere, Very Large Telescope Finds

Trading 13 sept 2017 Commentaire »
An enormous and scorching hot exoplanet has an atmosphere made of titanium, making its discovery a rare find for scientists. The atmospheric ingredient is titanium oxide, to be specific, and it tells scientists a lot about what conditions must be like on that exoplanet, dubbed WASP-19b.

Missouri Man Claims He’s Not Racist, Hangs ‘Slaves 4 Sale’ Sign

Trading 13 sept 2017 Commentaire »
A Missouri man had a "Slaves 4 Sale" sign in front of his home before taking it down Tuesday. Richard Geisenheyner, who lives in the Kansas City suburb of Liberty, placed the sign above a Confederate flag. Geisenheyner claims that he is not racist.

BANCOLOMBIA: Company Issues US$ 400 Million In 5-year Bonds In Panama

Trading 13 sept 2017 Commentaire »

Banistmo, the financial institution held by the Grupo Bancolombia in Panama, placed US$ 400 million in bonds maturing in five years with a 3.65% annual coupon. Demand was equivalent to 4.5 times the amount sold, reaching US$ 1.8 billion.

The proceeds raised from this placement, which aimed at international investors, should support the bank's growth and business plan in Panama.

That was the first time that Bancolombia placed bonds in the Panamanian market.


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Treasuries Show Moderate Move To The Downside

Trading 13 sept 2017 Commentaire »

Extending the pullback seen over the two previous sessions, treasuries moved to the downside during trading on Wednesday.

Bond prices slid to new lows going into the close of trading. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.4 basis points to 2.195 percent.

The lower close by treasuries came following the release of a Labor Department report on producer prices in the month of August.

The Labor Department said its producer price index for final demand edged up by 0.2 percent in August after slipping by 0.1 percent in July. Economists had expected the index to climb by 0.3 percent.

Excluding food and energy prices, core producer prices inched up by 0.1 percent in August after dipping by 0.1 percent in July. Core prices had been expected to rise by 0.2 percent.

Compared to the same month a year ago, producer prices were up by 2.4 percent in August, a notable acceleration from the 1.9 percent growth seen in July.

The year-over-year growth in core consumer prices also accelerated to 2.0 percent in August from 1.8 percent in July.

Treasuries saw further downside following the release of the results of the Treasury Department's auction of $12 billion worth of thirty-year bonds, which attracted below average demand.

The thirty-year bond auction drew a high yield of 2.790 percent and a bid-to-cover ratio of 2.21, while the ten previous thirty-year bond auctions had an average bid-to-cover ratio of 2.28.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

Trading on Thursday may be impacted by reaction to reports on consumer price inflation and weekly jobless claims.


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URUGUAY: Lucia Topolansky Takes Office As Country's Vice President

Trading 13 sept 2017 Commentaire »

Uruguayan Senator Luc?a Topolansky took office on Wednesday before the General Assembly of the Parliament as her country's vice president. Wife of the former Uruguayan President Jos? 'Pepe,' Luc?a Topolansky was inducted as vice president after Raul Sendic's resignation on Saturday.

Sendic resigned amid allegations of mismanagement of public funds after the left-wing Broad Front's Political Conduct Court accused him of lying in his explanations.

Lucia Topolansky said that Sendic's resignation triggered "a political crisis that is emerging," but clarified that "it is not an institutional crisis."

The Congress accepted Sendic's resignation and appointed Topolansky, who automatically would become vice president of the country, as established in the Uruguayan Constitution.


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Struggling With Credit Card Debt? There’s An App For That

Trading 13 sept 2017 Commentaire »
With credit card debt climbing toward new post-recession peaks, a study published this week pointed to a possible answer — for millennials, anyway.

‘Agents Of SHIELD’ Season 5 Spoilers: 6 Things To Know

Trading 13 sept 2017 Commentaire »
It’s time for fall TV shows to start, but unfortunately, “Marvel’s Agents of S.H.I.E.L.D.” isn’t on the schedule. The series was pushed to make room for “Marvel’s Inhumans,” but some clues about Season 5 might make the wait less frustrating.

Apple Quietly Discontinues (Product)Red iPhone 7 After iPhone X Launch

Trading 13 sept 2017 Commentaire »
While everyone’s attention was drawn to the iPhone X and the yearly upgrades iPhone 8 and iPhone 8 Plus last Tuesday, Apple quietly discontinued the sale of the (Product)Red iPhone 7. The move shouldn’t come as a surprise to consumers though, since the handset was only introduced as a limited edition model.