Tuesday, June 25, 2013

World Bank cuts growth outlook, New Normal

'New normal': World Bank cuts growth outlook
Sydney Morning Herald
Part of that "new normal" will be slower growth rates in countries like Brazil, India, Russia and China, as commodities prices moderate and countries rebalance their economies, the World Bank said. The World Bank cut its outlook for developing ...

Study: Wealthy to spend more on experiences, not stuff - Business - MiamiHerald.com: ". . . .“People are less interested in watches and more interested in building lasting memories,” said Milton Pedraza, chief executive of the Luxury Institute. “Even among the wealthiest customers, luxury goods and services are considered less important in today’s economy.” The study found that among 500 or so pentamillionaires, which is defined as people with a net worth of $5 million or more, about 4 in 5 say that pricey designer splurges such as purses and jewelry have lost some their appeal. . . ."

The "New Normal" for FX Traders
Longer-term forces driven by easier central bank monetary policies and “balance sheet recessions” are at play in today's currency markets, which combine to form what's being called the market's “New Normal.” The “new normal,” as named by Zerohedge, ...

The new normal: Asians, Hispanics will soon outnumber current white majority
NBC Latino
The newest U.S. census data numbers show that Asians and Hispanics are on their way to becoming the new majority groups in the United States and will soon overtake white Americans in population growth, revealing a glimpse of what will become the “new ...

Volatility farming's new normal
Sheep and beef farmers are encountering as much marketplace volatility as dairy farmers, but the perception is they are worse off. Beef+Lamb New Zealand chairman Mike Petersen said volatility seemed to be highlighted more in sheep and beef farming than ...

The Middle Road: Is this America's new normal?
La Crosse Tribune
There is a deep and abiding sense of unease permeating American society. From the IRS targeting politically conservative groups to the Department of Justice targeting journalists for surveillance, from the revelation that the National Security Agency ...

SOMALIA: Chaotic And Dangerous Is The New Normal
Strategy Page
SOMALIA: Chaotic And Dangerous Is The New Normal · NAVAL AIR: Russia Plays Catch Up · INTELLIGENCE: Chinese Spies Slip Into India · PEACEKEEPING: Russians Flee The Caucasus Anyway · NBC WEAPONS: New Nukes Overshadowed By Massive ...

World Bank cuts global growth forecast to 'new normal'
The World Bank reports the global economy will expand less than the expected 2.2 percent this year entering a period of a “new normal" of slower growth rates in emerging countries and moderating commodity prices. The bank expects the economy to grow ...

Get Apocalyptic: Why Radical Is the New Normal
Living Green Magazine
Feeling anxious about life in a broken-down society on a stressed-out planet? That's hardly surprising: Life as we know it is almost over. While the dominant culture encourages dysfunctional denial—pop a pill, go shopping, find your bliss—there's a ...

Taylor Kitsch Goes Blonde for The Normal Heart Movie Role: Picture
Us Magazine
Is blonde the new normal for Taylor Kitsch? The former Friday Night Lights actor turned heads while filming The Normal Heart in New York City's Soho neighborhood on Tuesday, June 11, sporting a head of platinum blonde hair. The usually-brunette actor ...

World Bank cuts growth outlook as world enters 'new normal' | Reuters
WASHINGTON (Reuters) - The World Bank cut its outlook for global growth, saying the economy should expand more slowly this year than last as it cited a ...

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