Amazon Transparency Report: Company Responded To Record Number Of Government Requests

Trading 05 jan 2018 Commentaire »
Amazon revealed in a recent transparency report that it turned over a record amount of customer data to the United States government in the first half of 2017 in response to requests from law enforcement agencies. Between Jan. 1 through June 30, 2017, Amazon replied to at least in part to 1,200 subpoena requests, 189 search warrants and 76 other court orders. The company’s response represents a record amount of customer data turned over to the government.

ARGENTINA: Biodiesel Producers Want To Appeal To WTO Against U.S Tariff

Trading 05 jan 2018 Commentaire »

The head of the Argentinean Chamber of Biofuels (Carbio), Luis Zubizarreta, urged his country's government to appeal to the World Trade Organization (WTO) to arbitrate the tax of up to 72.28% imposed by the United States against Argentinean biodiesel.

"The absolutely protectionist measure of the United States government was expected, but it does not stop being unjust and irrational, and without technical and legal support, despite the enormous effort of the Foreign Ministry," said Zubizarreta.

"The United States is in the process of closing its economy, and we are paying for part of it," he added, in an interview to T?lam Radio.

He also said that "it is key that the Argentinean government resorts to the World Trade Organization. There is no other way."

Argentina won a similar dispute in the WTO with the European Union, which had imposed countervailing duties on imports of Argentinean biodiesel, also for alleged dumping.


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CHILE: Economic Activity Rises In November At The Fastest Pace Since 2016

Trading 05 jan 2018 Commentaire »

Chile's economic activity index rose 3.2% in November from a year before, the fastest increase since February 2016, said the country's central bank. In October, the index had an annual rise of 2.9%.

Data also showed that the Chilean economic activity index was 0.7% up in November from a month before.

The mining sector activity index rose 2.9% in November from a year before, while the non-mining sector index was up 3.2%. On a monthly basis, the mining sector index fell by 0.8%, while the non-mining sector index rose by 0.9%.


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Roy Moore Accuser Tina Johnson’s Home Burns Down, Police Investigating Possible Arson

Trading 05 jan 2018 Commentaire »
The home of Tina Johnson, one of several alleged victims of Roy Moore’s past sexual harassment accusations, lost her home this week in a fire being investigated by authorities for possible foul play.

Florida Man Calls 911, Reports Himself As Drunk Driver

Trading 05 jan 2018 Commentaire »
A Florida man took a roundabout way to making the streets safer Sunday, as he called 911 to report himself as a drunk driver. Michael Lester of Winter Haven, Florida was driving on New Year’s Eve while significantly under the influence of multiple substances when he called 911 and asked to be pulled over, WPLG-10 reported.  

Archaeologists Use Skeleton Method To Find Ancient Human Lifespan

Trading 05 jan 2018 Commentaire »
Ancient men and women may have lived almost twice as long as many modern people believe. Archaeologists have come up with a new way of analyzing a skeleton’s teeth to estimate the lifespans of people who are long dead, according to a study in the Journal of Anthropological Archaeology. Although there is a long-held myth that our ancestors typically died when they were what now would be considered middle-aged, tooth analysis suggests they lived roughly until age 70.

Instagram’s Algorithm Is Still Showing Posts From New Year’s Eve

Trading 05 jan 2018 Commentaire »
Some people are opening their Instagram apps to find that it’s New Year’s all over again. The algorithm is putting photos from the holiday that happened nearly a full week ago right at the top of feeds.

Amazon Channels Prime List: Platform Adds CBS All Access For Extra $10

Trading 05 jan 2018 Commentaire »
Amazon Channels is now offering a commercial-free "CBS All Access" option to Prime members for $10 a month, the companies announced on Friday.

What Is A ‘Crossushi’? New Food Trend Sparks Mixed Feedback

Trading 05 jan 2018 Commentaire »
The year 2017 gifted the world with an assortment of creative food options from the "Chocoladilla" to the "Unicorn Frappuccino," and 2018 appears to be no different. Enter the "crossushi," a new food trend that combines the likes of sushi and a French croissant.

Treasuries Move To The Downside After Early Volatility

Trading 05 jan 2018 Commentaire »

After initially seeing considerable volatility, treasuries moved to the downside over the course of the trading session on Friday.

Bond prices bounced back and forth across the unchanged early in the session but spent the afternoon firmly in the red. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.3 basis points to 2.476 percent.

The higher close by treasuries came as traders shrugged off a disappointing batch of data amid continued optimism about the economic outlook.

Early in the day, a closely watched report from the Labor Department showed weaker than expected job growth in the month of December.

The report said non-farm payroll employment climbed by 148,000 jobs in December after spiking by an upwardly revised 252,000 jobs in November.

Economists had expected employment to increase by 190,000 jobs compared to the addition of 228,000 jobs originally reported for the previous month.

Traders largely shrugged off the report, however, as analysts suggested that recent data points to overall strength in the labor market.

"While the headline job gain number may have disappointed, the average over the last three months was still very strong," said Joel Naroff, president and chief economist at Naroff Economic Advisors.

A separate report from the Institute for Supply Management showed an unexpected slowdown in the pace of growth in activity in the service sector.

The ISM said that its non-manufacturing index dropped to 55.9 in December from 57.4 in November. While a reading above 50 still indicates growth in the service sector, economists had expected the index to inch back up to 57.6.

Nonetheless, Anthony Nieves, Chair of the ISM Non-Manufacturing Business Survey Committee, said the majority of respondents' comments indicate they finished the year on a positive note.

In other economic news, the Commerce Department reported the widest trade deficit in nearly six years in November, while factory orders jumped more than expected during the month.

The economic calendar for next week starts of relatively quiet, although reports on retail sales and producer and consumer prices are likely to attract attention in the latter part of the week.

Bond traders are also likely to keep an eye on the results of the Treasury Department's auctions of three-year and ten-year notes and thirty-year bonds.

The Treasury plans to sell $24 billion worth of three-year notes next Tuesday, $20 billion worth of ten-year notes next Wednesday and $12 billion worth of thirty-year bonds next Thursday.


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