Updated at 7:10 am on 12 August 2015
Originally aired on Business News, Wednesday 12 August 2015
A downturn in global commodity prices is putting the brakes on the economy
Canadian Stocks Plunge as Commodities Slump on Yuan Devaluation
Filed in Canada on 12 August 2015
Canadian stocks fell, a session after raw-materials producers had their strongest gains this year, as China’s currency devaluation prompted a selloff in commodities. Equities reversed most of Monday’s gains and declined for the third time in four days as energy and raw-materials companies lost more than 2 percent. Canadian Natural Resources Ltd. and TransCanada Corp. fell at least 1.6 percent. Crude oil retreated 3.8 percent after its biggest rally in a month in New York. Commodities declined amid speculation yuan weakness will erode the buying power of Chinese consumers. The Standard & Poor’s/TSX Composite Index fell 151.15 points, or 1 percent, to 14,315.24 at 10:39 a.m. in Toronto, after a 1.1 percent advance Monday that was the biggest in more than a week. The gauge has fallen 2.2 percent in 2015, one of only three developed markets in negative territory for the year among the 24 tracked by Bloomberg. […]
no hint of this on the main stream media!…where are these msm journalists…awol?
re Climate Change
…on a lighter entertainment dramatic note because it hasn’t happened yet! … but could do …(like that vicariously thrilling aeroplane forensic disaster series ‘Mayday’?..not for those who fear flying)…. I recently watched on DVD an excellent 2015 drama tv series called ‘Fortitude’….set in the Arctic Circle…on an island somewhere to the Scandinavian north. ..about what could happen when the ice melts …great cast of actors and acting…
What is happening in the TDB? Is the site being hacked? I hope not.
Today I’ve had no end of trouble with the Captcha. Now one of my recent posts has been marked as spam!!!!!
@ Mary_A ….yes I agree…’Open Mike’ wasnt opening properly for me yesterday …and then when it was today ….my comments have disappeared /gone somewhere….vanished into the ether
will my two comments ever return I wonder?…will this one go also?
You are here with this one CHOOKY.
I am beginning to wonder now if TDB is under attack again. Perhaps connected to Martyn’s latest news, the police wanting to speak to him about John Minto’s latest blog, relating to the despicable Talleys!
Now THEY have come for Martyn!
I fear we might be living in more dangerous times than originally thought!
“The ‘Key’ brand is over.
The business community has spoken and say it’s time for the National party to groom a replacement.
NZME’s fourteenth annual Mood of the Boardroom survey has shown three quarters of business leaders want a new John Key.
The survey had 110 respondents from the Deloitte top 200 list of chief executives, company heads and heads of industry-leading businesses including the private and public sector.
Business Editor Fran O’Sullivan said last year, two thirds of respondents felt the ‘Key’ brand was damaged …
NZ economy takes a hit as global commodity prices slump
http://www.radionz.co.nz/national/programmes/businessnews/audio/201766106/nz-economy-takes-a-hit-as-global-commodity-prices-slump
Updated at 7:10 am on 12 August 2015
Originally aired on Business News, Wednesday 12 August 2015
A downturn in global commodity prices is putting the brakes on the economy
Canadian Stocks Plunge as Commodities Slump on Yuan Devaluation
Filed in Canada on 12 August 2015
Canadian stocks fell, a session after raw-materials producers had their strongest gains this year, as China’s currency devaluation prompted a selloff in commodities. Equities reversed most of Monday’s gains and declined for the third time in four days as energy and raw-materials companies lost more than 2 percent. Canadian Natural Resources Ltd. and TransCanada Corp. fell at least 1.6 percent. Crude oil retreated 3.8 percent after its biggest rally in a month in New York. Commodities declined amid speculation yuan weakness will erode the buying power of Chinese consumers. The Standard & Poor’s/TSX Composite Index fell 151.15 points, or 1 percent, to 14,315.24 at 10:39 a.m. in Toronto, after a 1.1 percent advance Monday that was the biggest in more than a week. The gauge has fallen 2.2 percent in 2015, one of only three developed markets in negative territory for the year among the 24 tracked by Bloomberg. […]
full article at http://www.bloomberg.com
+100 CLEANGREEN
no hint of this on the main stream media!…where are these msm journalists…awol?
re Climate Change
…on a lighter entertainment dramatic note because it hasn’t happened yet! … but could do …(like that vicariously thrilling aeroplane forensic disaster series ‘Mayday’?..not for those who fear flying)…. I recently watched on DVD an excellent 2015 drama tv series called ‘Fortitude’….set in the Arctic Circle…on an island somewhere to the Scandinavian north. ..about what could happen when the ice melts …great cast of actors and acting…
What is happening in the TDB? Is the site being hacked? I hope not.
Today I’ve had no end of trouble with the Captcha. Now one of my recent posts has been marked as spam!!!!!
@ Mary_A ….yes I agree…’Open Mike’ wasnt opening properly for me yesterday …and then when it was today ….my comments have disappeared /gone somewhere….vanished into the ether
will my two comments ever return I wonder?…will this one go also?
You are here with this one CHOOKY.
I am beginning to wonder now if TDB is under attack again. Perhaps connected to Martyn’s latest news, the police wanting to speak to him about John Minto’s latest blog, relating to the despicable Talleys!
Now THEY have come for Martyn!
I fear we might be living in more dangerous times than originally thought!
“The ‘Key’ brand is over.
The business community has spoken and say it’s time for the National party to groom a replacement.
NZME’s fourteenth annual Mood of the Boardroom survey has shown three quarters of business leaders want a new John Key.
The survey had 110 respondents from the Deloitte top 200 list of chief executives, company heads and heads of industry-leading businesses including the private and public sector.
Business Editor Fran O’Sullivan said last year, two thirds of respondents felt the ‘Key’ brand was damaged …
http://webcache.googleusercontent.com/search?q=cache%3A0aOBNNhVb7sJ%3Awww.newstalkzb.co.nz%2Fnews%2Fpolitics%2Fbusiness-leaders-say-time-for-key-to-go%2F+&cd=1&hl=en&ct=clnk&gl=nz
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