ECONOMY

A Russian Sukhoi Su-25 fighter plane lands as it arrives at Iraq's al-Muthanna military airbase at Baghdad airport, in Baghdad, July 1, 2014. Iraq's defence ministry said on Tuesday that the second batch of Russian Sukhoi (Su-25) fighter jets th

Jittery Global Aviation: London’s RAF Typhoons Mad Scrambled to Assist Private Jet After Losing Contact; No Threat, False Alarm

The mysterious disappearance of one commercial airliner four months ago, plus the three successive crash accidents in just the past week has definitely taken its toll on the jittery global aviation industry. On Wednesday, the British Armed Forces scrambled two of its Royal Air Force aircraft after air controllers lost contact with a private plane. London's military presumably believed the plane had been compromised.
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Belongings found at the crash site of Malaysia Airlines Flight MH17 are pictured near the village of Hrabove, Donetsk region, July 20, 2014.

Malaysia Airlines MH17: Too Much Blow for Mourning Families as Rebels Steal Bodies; Complete Passenger. Crew List Released

As if their sudden death wasn't bad enough, the bodies of passengers aboard doomed Malaysia Airlines flight MH17 were stolen by pro-Russian rebels to be brought to an undisclosed location. And if that wasn't ruthless enough, rebels have also been reportedly stealing possessions from the dead. It was more than a double whammy the bereaved families of the victims can take from the senseless killing.
People stand near part of the wreckage of a Malaysia Airlines Boeing 777

Malaysia Airlines MH17 Tragedy Feared to Provoke World War 3

Could the disaster that fell upon Malaysia Airlines flight MH17 trigger a major global war after dozens of innocent lives, who definitely had nothing to do with the tensions ongoing between Ukraine and Russia, were lost?
A boy hugs a tree as he takes cover after strong winds brought by Typhoon Rammasun, locally called  Glenda, battered the capital, metro Manila July 16, 2014.  Philippine authorities evacuated almost 150,000 people from their homes and shuttered financial

In Photos, Typhoon Rammasun Blasts the Philippines

Typhoon Rammasun, now on its way to strike southern China and northern Vietnam, forced over 400,000 people in the Philippines to evacuate and seek higher and safer grounds on Tuesday till Wednesday.
Janet Yellen

Global Markets Overview – July 10, 2014

The FOMC minutes have provided further reason for the market to grind higher. There was nothing that really broke with the current policy settings, however the discussions from the minutes had some very interesting revelations, with the most interesting of those coming from the 'exit strategy' of the asset purchase program
Federal Reserve

Australian Stock Market Report – Morning July 10, 2014

The US Federal Reserve FOMC minutes from its June 17-18 meeting were released. The Fed began detailing how it plans to ease the US economy out of an era of loose monetary policy. The minutes showed that Fed participants ´´generally agreed´´ that its monthly bond purchases would end in October. There was also discussion about the central banks current policy of reinvesting its $4.2 trillion in asset holdings as the securities mature. Policymakers debated how to reduce those holdings without disru...
Euro and U.S. dollar banknotes

Modern American Family Dynamics Complicate Wealth Management

A survey of 680 high net-worth individuals in the U.S. with $3 million or more in investable assets found that the changing family structures, multi-generational and extended family circumstances, evolving gender roles, and generational views on investing and use of wealth are challenging traditional approaches to wealth planning.
Some Of Bitcoin Enthusiast Mike Caldwell's Coins Are Pictured At His Office In Sandy, Utah

New Zealand Reserve Bank Official Believes Bitcoin May Replace Cash in Future

The Reserve Bank of New Zealand (RBNZ) deputy governor and operations head, Geoff Bascand, said digital currencies may one day replace cash. In his recent speech before the Royal Numismatic Society in Wellington, he described digital currencies like Bitcoin as a challenge to the form and use of money.
A man walks past a poster at a conceptual art exhibition about HIV/AIDS. Reuters Files

Australia Soon to Have HIV/AIDS Home-Testing Kits

HIV home-testing kits, similar to the pregnancy tests, will soon be made available in Australia after the federal government lifted a ban restricting their manufacture and sale.

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