Roads closed for cyclists Nov 14, 2009
Superintendent Wayne Minnaar said routes affected included Woodmead Drive, M1 South, M2 East, Joe Slovo Drive, Carse Ogowrie Road and Jan Smuts Avenue. Also Witkoppen Road, Malibongwe Drive, N14 and the R55 would be closed. (iAfrica.com)
China's consumer price index (CPI),a main gauge of inflation, dipped 0.5 percent year on year in October, the National Bureau of Statistics (NBS) said Wednesday.• China's new loans sharply down in Oct. Nov 11, 2009
Annual growth of the narrow M1 measure of money supply, which covers cash in circulation plus current corporate deposits, accelerated to 32. 03 percent from 29. (Xinhuanet, China)
In pictures: US elections Nov 4, 2009
As the M1 turns 50 a look at how it was built. An inventory of threatened species. (BBC News -- Americas)
What next for US economy? Oct 30, 2009
The money supply has been flat this year for both M1 and M2, suggesting that the decline in the dollar today results from monetary stimulus in 2008, but that ended almost a year ago. Since early 2009, the money supply has grown by only 1% to 2%, which will put a bottom on how far the dollar can fall. (BBC News -- Business)
Africa: Mwalimu Nyerere's Ideas On Land Oct 18, 2009
Originally money (M) in possession of a capitalist would be used to buy capital goods (C) and at the end of a cycle of production process the capitalist would have earned more money than originally invested (M1) and hence Marxist formulation of M - C - M1 where M1 is greater than M. Under neoliberalism, because of the shift from economics of production to economics of speculation, money buys money and hence the formulation M - M - M1. This has been part of the gambling (casino capitalism)... (allAfrica.com)
Topix Gains the Most in a Month on Rising Commodities Prices; Banks Climb Oct 7, 2009
M1 , which includes all currency held by consumers and companies for spending, money held in checking accounts and travelers checks, stayed at $1. 64 trillion in the week ended Sept. 21, the latest data available. (Bloomberg -- Japan)
Money-supply data: Narrow success, broad concerns Sep 9, 2009
In America, for example, M1, which includes banknotes, current accounts and overnight deposits, grew by 17 ... In the euro zone the growth rate of M1 rose to 12. (The Economist)
Proposed agency for consumer protection faces fierce debate Sep 9, 2009
"It could have averted the crisis in mortgages, but it never acted. Fed chairmen are selected for their expertise in monetary policy, things like M1 and the velocity of money. The Fed is not staffed with bad people. The problem is that their expertise and interest is monetary policy, not consumer financial products.". Similarly, the Comptroller of the Currency, the Office of Thrift Supervision and the are chiefly responsible for making sure banks don't fail, not for protecting consumers. (USA Today -- Money)
500k waiting for houses Sep 8, 2009
Work is in process for M1 and Helen Joseph hostel. " Replace Robert McBride He said the Ekurhuleni municipality had been "stabilised" with the appointment of a new police commissioner Hlula Msimang to replace Robert McBride, who was currently challenging his dismissal at the Commission for Conciliation, Mediation and Arbitration. Noting McBride's right to challenge his dismissal, community safety MEC Khabisi Mosunkutu, who was also present at the briefing, insisted due process was followed in... (iAfrica.com)
China alarmed by US money printing... Sep 8, 2009
" Osamas Paajamas on September 08, 2009 at 06:57 AM It is absurd to blame the Chinese for selling product to the US. They trusted that a nation that had maintained its currency's value for two centuries would continue to do so. They did not understand that we would elect Obama, a man so dedicated to his socialist vision that he will debauch our currency and destroy our capitalism to realize socialist equality in poverty. student1776 on September 08, 2009 at 06:57 AM I never thought I would agree... (The Drudge Report)
Tune Talk in talks on Singapore expansion Sep 5, 2009
Chief executive officer Jason Lo said the company was currently in talks with three mobile operators in Singapore M1, SingTel and StarHub for a potential collaboration in providing services in the republic ... We expect to sign a memorandum of understanding with M1 after March next year ... We expect to sign a memorandum of understanding with M1 after March next year, he told a press conference after the prize presentation for the company s Freedom2Talk campaign yesterday. (The Star Online, Malaysia -- Business)
Big spending Fed's balance sheet tops $US2tn Aug 21, 2009
M1 includes all currency held by consumers and companies for spending, money held in checking accounts and travelers checks ... For the latest reporting week, M1 fell by $US13 ... 4 billion, and over the past 52 weeks, M1 rose 17. (Sydney Morning Herald -- Business)
China July new lending slows to 355.9 bln yuan Aug 12, 2009
The narrow measure of money supply, M1 (cash in circulation plus corporate current deposits), was up 26. 37 percent to 19. (Xinhuanet, China)
'Herbivore' boys shun sex, job Jul 28, 2009
Almost half of 1,000 men aged 20-34 surveyed by market research firm M1 F1 Soken identified themselves as herbivorous, defined literally as grass-eating but in this context as not being interested in flesh or passive about pursuing women ... We cannot ignore herbivorous boys because they are almost a majority, said Shigeru Sakai, a researcher at M1 F1 Soken ... Almost half of 1,000 men aged 20-34 surveyed by market research firm M1 F1 Soken identified themselves as "herbivorous". (India Times, India)
Awash in nonsense Jul 22, 2009
4 billion in cash out of papers, inks and base metals in the last year, taking the total cash in circulation (essentially the M1 money supply) to $907. 4 billion, whereas the M2 money supply is about $8. (Asia Times Online)
2 US Marines killed in southern Afghanistan Jul 14, 2009
Search Type Choose a search type from the items below. By FISNIK ABRASHI, Associated Press Writer Fisnik Abrashi, Associated Press Writer. (Yahoo News)
What have we learned from the preseason magazines? Jul 9, 2009
What have we learned from the preseason magazines. Mr. College Football. (Atlanta Journal-Constitution -- Sports)
Up, down, out and doomed Jul 1, 2009
Even worse, M1, the narrowest definition of money since it is essentially defined as "cash", has exploded to an outrageous 16% growth since the beginning of 2009. This is plenty bad news if you are afraid of inflation in consumer prices, which is different from being afraid of the CIA tapping into your computer and discovering all that pornographic filth and hate mail (for example, "Dear Federal Reserve, I always hated you morons for creating so much money and credit that it caused roaring... (Asia Times Online)
Confed closes roads Jun 21, 2009
Motorists were advised to drive along the M1 and the M2 to avoid congestion. Minnaar urged fans to use parking facilities at The Dome in Randburg or Nasrec parking in the south of Johannesburg. (iAfrica.com)
Road to bank perdition Jun 19, 2009
And in that regard, the M1 and M2 money supplies are still growing, with M1 up 17% over last year and now hitting $1,596. 2 billion ($1. (Asia Times Online)
Welcome to the Hyperdepression Jun 16, 2009
When Americans began panicking and pulling their money out of the banks, the overall quantity of money (measured by aggregates such as M1 or M2) fell sharply, declining by about a third from 1929 to 1933. 2009 Ludwig von Mises Institute. (The American Conservative)
European Loan Growth Was Slowest on Record in April as Banks Remained Wary May 31, 2009
The annual rate of M1 money-supply growth rose to 8. 4 percent from 5. (Bloomberg -- Germany)
Press Release: IMF Executive Board Completes First Review Under Serbia's Stand-By Arrangement and Increases Financial Support to 2.9 Billion May 16, 2009
Press Release: IMF Executive Board Completes First Review Under Serbia's Stand-By Arrangement and Increases Financial Support to 2. Free Email Notification. (IMF News)
Long and short of bond insanity May 16, 2009
And if it is money you need, Bill Bonner here at The Daily Reckoning reminds us that "Normally, in a correction, the supply of money - M1 - falls. Asset values are destroyed ... borrowers default ... money disappears into vaults and mattresses. But this time, so vigorous has been the authorities' response that M-1 is actually increasing at about a 14% annual rate.". He then ominously notes that all of this new money sloshing around already has significant portent, as "The money's got to go... (Asia Times Online)
Regulators Fight Banker Envy, Stockholm Syndrome: Caroline Baum May 8, 2009
May 8 (Bloomberg) -- Everyone over the age of 45 remembers the of heiress wielding an M1 Carbine when she and three comrades robbed the Hibernia Bank in San Francisco on April 15, 1974. Hearst had been kidnapped by the Symbionese Liberation Army, a left-wing guerilla group, two months earlier. (Bloomberg -- Columnists)
Soweto derby blocks roads May 2, 2009
Access control will begin at the Joe Slovo off-ramp on the M1 for the derby between Kaizer Chiefs and Orlando Pirates. Police said they hope people will make use of the free park-and-ride facilities at Bezuidenhout Park, Wits University and Nasrec. (iAfrica.com)
Disappearing bullets: Obama administration provokes a run on ammunition Apr 28, 2009
Erik wrote on Apr 24, 2009 10:26 AM:" mikegino wrote on Apr 24, 2009 10:01 AM:"I keep two M1 carbines in reserve ... "Excellent weapon, Mike. Great for staking-up one's tomatos. (I'm prejudiced - I got assigned to a funeral detail once in Southern Wyoming, and we were issued M1s. I think all seven misfired on command, it was miserable. A cacophony of rifle shots instead of a clean 21 gun salute. To make things worse, the mourners all broke down crying as we fired.) " ... mikegino wrote on Apr... (El Centro Imperial Valley Press, CA)
UK councils may recoup Iceland cash Apr 20, 2009
Page last updated at 02:11 GMT, Monday, 20 April 2009 03:11 UK. Councils may recoup Iceland cash. (BBC News -- Europe)
'Green Nobel' for forest champion Apr 20, 2009
Five killed in head-on M1 crash. FEATURES, VIEWS, ANALYSIS. (BBC News -- Africa)
Malaria mission Apr 20, 2009
Page last updated at 04:28 GMT, Monday, 20 April 2009 05:28 UK. Malaria is fought in son's memory. (BBC News -- Africa)
Lib Dem leader 'no sleaze' appeal Apr 19, 2009
Page last updated at 15:59 GMT, Saturday, 18 April 2009 16:59 UK. By Phil Parry BBC News. (BBC News -- UK)
African aid 'needs science focus' Apr 19, 2009
Page last updated at 09:53 GMT, Saturday, 18 April 2009 10:53 UK. African aid 'needs science focus. (BBC News -- Africa)
China's bank credit hits record high in first quarter Apr 12, 2009
The narrow measure of money supply, M1 (cash in circulation pluscorporate current deposits), was up 17 ... "The fast rebound of M2 indicates China's liquidity is abundant. This is very important to the economic recovery. The sharp rise of M1 shows companies are increasing spending on investment and management." said Zhang Bin, an economist with Chinese Academy of Social Sciences. (Xinhuanet, China)
Even Drunken Sailors Have a Credit Limit Apr 3, 2009
M1, which measures the cash in circulation, has gone up by 14% over the past year. When the base and the money supply rise by this much in so short a time, I worry about inflation. (Human Events Online)
HDNet Announces Exclusive Live Coverage of the Semifinal Round of the 2009 College Basketball Invitational Mar 25, 2009
HDNet Fights partners with leading MMA promoters including Affliction, DREAM, Sengoku, XFC, M1, K-1, K-1 Max, MFC, Adrenaline and more. HDNet produces more live mixed martial arts events than any other network and HDNet's "Inside MMA" is the hottest mixed martial arts program on television, giving MMA fans their weekly fix for everything MMA.. (Yahoo! Wire -- Entertainment News)
Obama Raising Keynes Mar 21, 2009
The M1 money supply (cash plus checks) contracted by 25 percent. Successful investors which included Churchill as well as Keynes took deep losses. (Townhall.com)
Money Supply And Velocity Show The Crisis Is Different This Time Mar 19, 2009
As the adjacent table shows, velocity of both M1 and M2 appeared relatively stable in 2007 ... M1 did not turn negative until the third quarter of 2008 ... According to the Fed's statistics, M1 grew at a seasonally adjusted annual rate of 17% in 2008 while M2 grew at a 9. (Investors Business Daily)
Recovery: Turning Unassisted Mar 18, 2009
A sharp increase in the money supply, as measured by M2 and M1 ... 1% year-over-year since the start of 2009, while M1 has grown at a 14. (Investors Business Daily)
Westlink upgrade set to be opened Mar 4, 2009
Roads Minister Conor Murphy will officially open the M1/Westlink upgrade in Belfast on Wednesday ... It has included the building of two new underpasses and widening of the M1 between Stockman's Lane and Divis Street. (BBC News -- UK)
Allianz's Hansen Favors Health-Industry Stocks as an Anti-Recession Hedge Feb 28, 2009
a German company that makes the main gun for the U.S. Army M1 Abrams tank and armor for the German armys Luchs personnel carrier, can make money in a recession, Hansen said. an Austrian pharmaceutical company that makes a vaccine against Japanese encephalitis, and , a chain of discount opticians based in Germany, can be expected to outperform the economy, Hansen said. (Bloomberg -- Germany)
* World News Quick Take Feb 27, 2009
Labours Lord Ahmed was jailed for 12 weeks on Wednesday for dangerous driving after he admitted sending text messages before a fatal crash on the M1 motorway. Sheffield Crown Court heard that Ahmed, a prominent Muslim peer, had sent and received five messages while driving at 96kph along the motorway near Rotherham in South Yorkshire on Christmas Day in 2007. (Taipei Times, Taiwan -- Sports)
Central bank policy shift a sign of Chinas economic weakness Feb 21, 2009
Firms put much of the money they raised via the bills market into higher-yielding bank deposits, analysts believe; M2 money supply growth, which includes savings deposits, accelerated last month while M1 money supply growth, which excludes them, tumbled. This threatens inflation down the road without increasing economic activity today. (The Star Online, Malaysia -- Business)
China's Investors Rush to Buy Into Equity Rally HSBC, CLSA Say Will Fade Feb 18, 2009
M1, which includes notes, coins and demand deposits, rose 6 ... It is a worrisome development that exceptional loan growth has yet to drive up M1 growth, which is a better indicator of aggregate demand, pricing power, corporate profits and therefore market performance, HSBCs note said. (Bloomberg -- Asia)
Lending fuels China stock rally Feb 17, 2009
"Part of the liquidity flowing into the stock market could be from companies using borrowed funds to invest in the stock market instead of working requirements,'' said Li. He arrived at the 660 billion yuan figure by subtracting M1, which includes cash and demand deposits, from M2. The brokerage was voted the best in the country for research by the national pension fund, China's largest investor. New loans jumped to twice the record set a year earlier. The biggest proportion of new lending, 39%,... (Sydney Morning Herald -- Business)
INSIDE THE MARKETS: Doubts rise about effect of lending in China Feb 17, 2009
But M1 money supply, which excludes savings deposits, grew only 6. 7 percent, its slowest pace in over two years. (International Herald Tribune -- Business)
Printing money to boost asset prices? Feb 16, 2009
This entails increasing the M1 money base (US dollars in circulation, checkable deposits). When M1 rises, other broader measures of money like M2 (M1 plus household savings) will normally rise ... However, despite a higher M1 money base, which has risen from US$1. (The Star Online, Malaysia -- Business)
Bad bank - insanity bank Feb 11, 2009
The Fed data shows money (M1) hitting a record annual rate of 39. 6% in the fourth quarter of 2008. (Asia Times Online)
Press Release: IMF Approves ?402.5 million Stand-By Arrangement for Serbia Feb 9, 2009
Press Release: IMF Approves 402. 5 million Stand-By Arrangement for Serbia. (IMF News)
