The News that effects you-Wall Street Journal Weekend Edition- Sept 6th

Posted by Bruce - in Blog - No Comments

wall street Journal

 

I have heard in many a conversation that they don’t pay attention to the news because “it doesn’t effect them in their life”. Although I strongly disagree with such a statement because I believe in some way we are all connected; I’ve decided to utilize this philosophy in the news I present in this blog.  It also allows me  to write a bit less and therefore take the dogs for a longer walk.

(1) Ukraine and Russia have agreed to a peace deal. If this truly holds up then economic sanctions between the West and Russia should fall and this should help everyone’s pocketbook.

(2) NATO leaders agree to spearhead a group that can move quickly to react to trouble spots in Central and Eastern Europe.  If this group can become effective it might deter acts of aggression upon independent nations and prevent war.

(3) Iran has failed to meet the deadline to provide nuclear information to a U.N watchdog agencies. Acts like these might make it more difficult to restrain Israel from attacking Iran, so to prevent Iran from obtaining offensive nuclear weapons. If  G-D forbid such a war would have to occur not only would the innocent be killed but the economic and military ramifications would effect us all.

(4) 120 Wineries in California lost $50 million dollars due to earthquakes. This impacts all those who are planning to buy their next bottle of Merlot and those who might attend a restaurant serving wines as those losses must be recovered  somewhere else.

(4)  Alibaba a Chinese E-Commerce company is set to have one of the biggest stock market debuts ever. Chinese censored and controlled  E-Commerce business might effect the economic freedom we enjoy especially if they go after companies like Amazon.com

(5) An unexpected job slowdown occurred in August which could effect the economic recovery we are supposed to be experiencing in the future.

(6) A decision on whether governmental municipalities can compete with the private sector when it comes to owning high speed internet service should be occurring shortly. This decision could effect other ways the public sector can compete with the private sector and therefore effect innovation and pricing for the goods and services you receive.

(7) Apple is set to introduce a smart phone on Tuesday that can monitor your health. If this truly works well we might be able to have an early warning system against major illnesses.

(8) China’s using more of it’s resources to secure movies for distribution around the world. There might be a great deal of the movies you watch in the near future with stars named Lee instead of Cruise.

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