Schwarzenegger visits state's Capitol Hill Dems Jul 31, 2009
Bipartisanship is the best way to get more federal dollars, he says. Wednesday, February 28, 2007. (Yahoo News -- Arnold Schwarzenegger)
Wickenburg Ranch delayed but landscaped Jul 30, 2009
With the economy at a standstill, M3 Companies has put off opening the golf course or building homes at Wickenburg Ranch, though it has prepared the property for future growth. The golf course is completed, but M3 representative Jeff Davis said the course will not open this year ... Meanwhile, M3 has prepared the Wickenburg Ranch property to be ready to build upon as soon as the market is ready. (Wickenburg Sun, AZ)
Credit still crunchy Jul 29, 2009
The SARB also released money supply figures for June which showed that growth in the broadly defined M3 measure of money supply slowed to 6. 04 percent from a revised 7. (iAfrica.com)
Not so hungry for credit Jul 29, 2009
During the same period, growth in the broadly defined M3 measure of money supply braked to 6 ... 55 percent in June, while the annual growth in M3 was seen at 6. (Business Report, South Africa)
'RBI may keep rates unchanged' Jul 27, 2009
There is significant excess liquidity in the system, broad money (M3) growth has been relatively steady at about 20% yoy, financial conditions are extremely loose with our GS-FCI has loosening by 550 bps since November while credit spreads have fallen to pre-September levels and more importantly, inflation is showing a sequential uptick, especially in the various CPI indices. For all these reasons, we expect the RBI to stand pat, said Tushar Poddar, Vice President Economist, Goldman Sachs... (India Times)
I-JOBS infrastructure money coming next week Jul 24, 2009
During a news conference at a Des Moines public works facility, Gov. Chet Culver said the 45 million set aside for local governments will be an important investment in Iowa roads. "Whether it's an urban area like Des Moines, or a small town in northeast Iowa like McGregor in Clayton County, every part of our state and the people of our state will benefit directly," Culver said. (Sioux City Journal)
Awash in nonsense Jul 22, 2009
3 trillion (nine times larger) and (saving the best for last) the M3 money supply, which counts everything that can possibly be construed as "money" in the most liberal sense and making all kinds of assumptions, is almost $15 trillion, as close as anyone has been able to figure out, meaning that the money supply, at least as measured by M3, is now larger than the economy of USA. For all you "velocity" freaks out there - and there are quite a few of them - substitute gross domestic product (GDP)... (Asia Times Online)
Creston Moly Corp.: First Tranche of Private Placement Closed Jul 21, 2009
An independent Pre-Feasibility Study, prepared by M3 Engineering & Technology Corporation of Tucson, Arizona is available at and on the Company's website. On behalf of The Board. (CCNMatthews Press Releases)
Student tries to sell ads on year's shirts Jul 19, 2009
But, he said, it will be difficult to resist the temptation to buy the BMW M3 sports car he has his eye on. The potential benefits Mr. Waugh will reap from this business venture -- tons of cash and lighter loads of laundry -- do not come without sacrifice. (Pittsburgh Post-Gazette, PA)
Business Briefs Jul 12, 2009
Casper Star-Tribune Online - Business. Text Size Share This Story. (Casper Star-Tribune, WY)
Up, down, out and doomed Jul 1, 2009
Mr Williams's estimate of the M3 money supply (the broadest definition of 'money') shows that it is growing at about 6%, which, although startling to those of us who are seemingly predisposed to getting hysterical about such monetary idiocy because it causes inflation in consumer prices and which is the Worst Thing That Can Happen (WTTCH), is actually down from the boiling 17% growth in M3 money supply at the beginning of 2008. Wow. (Asia Times Online)
Rand beefed up on dollar weakness Jul 1, 2009
Said RMB analyst Nema Ramkheawan in a daily report: "dollar/rand continues to prosper around 7.80, acquiring support from its major short-term determinants. The overnight performance of EUR/dollar, US equities and gold have bolstered the rand opening the door for further gains. We expect the unit to trade within a tight range of 7.75 - 7-90, as investors tread cautiously in anticipation of the US non-farm payrolls data on Thursday. "We are spoilt for choice on the local data front with M3 money... (Business Report, South Africa)
BMW secrets revealed Jun 27, 2009
Although it will fall short of being a full-blown M model, the new ti has been conceived along the lines of one of BMW's most revered models: the E30 M3. Powering this model will be a new four-cylinder, 2. (iAfrica.com)
Mariner Investment Group to Sell Assets of Mariner Municipal Managers LLC to MacKay Shields LLC Jun 17, 2009
NEW YORK, June 16 /PRNewswire/ -- Mariner Investment Group, a manager of alternative investment products, has signed a definitive agreement to sell the assets of Mariner Municipal Managers LLC (M3) of Princeton, New Jersey to MacKay Shields, LLC. Upon the deal's closing, all employees of M3 will join MacKay, forming a new municipal bond asset management division that will be led by M3 principals John Loffredo and Robert DiMella. As part of MacKay, the group will continue to work with Mariner... (PR Newswire)
Revival brings back inflation fears Jun 17, 2009
The growth in broad money (M3) was over 20% on a year-on-year basis in May, way above the central banks target of 17%, hinting at the excess liquidity in the system. While recovery is not yet visible on the export front, industrial production is beginning to do better and an improvement in domestic and global investment climate is happening. (India Times)
Changfeng Announces the Commencement of the Construction of Its First CNG Commercial Vehicle Filling Station Jun 16, 2009
This CNG filling station will have a daily capacity of 15,000M3 and is scheduled for completion in the fourth quarter of 2009 ... The gas supply for the CNG filling station was secured by the previously disclosed contract entered into by Hunan CNPC New Energy Investment, a company controlled by Changfeng, and Hunan CNPC Pipeline Gas Co. Ltd., an arm's length corporation, to purchase up to 11 million M3 of CNG a year until September 12, 2027. (CCNMatthews Press Releases)
Essar Oil plans to raise $500 m Jun 3, 2009
MUMBAI: Essar Oil is learnt to have decided to raise around $500 million through the QIP route as part of its $2 billion fund-raising programme, said a person close to the development. The Ruias-owned oil company has recently taken the decision to raise a couple of billion dollars to finance its expansion plans. (India Times)
Bad, and worseto come Jun 2, 2009
com figures things the "old-fashioned" way, which is to say, in this case, the pre-Bill Clinton way, and he figures that the M3 money supply is - sacrebleu. - falling, and is now down from its high of about 17% growth in 2008 to only about 7% now, which is still "terrifying", but down from "suicidal.". (Asia Times Online)
European Loan Growth Was Slowest on Record in April as Banks Remained Wary May 31, 2009
In the three months through April, annual M3 growth slowed to 5 ... M3 is the broadest gauge of money supply and includes cash in circulation, some forms of savings and money-market holdings. (Bloomberg -- Germany)
Local dealer will sue GM if appeal denied May 19, 2009
M3 But in bankruptcy court, all contracts, including dealer franchise agreements, can be rejected or renegotiated. GM, auto workers still fightingCritical concession talks between General Motors Corp. and the United Auto Workers are being overshadowed by a public spat about the automaker's plans to import vehicles from other countries while it closes 16 U.S. factories. (Sioux City Journal, IO)
Tested: the new Godzilla May 18, 2009
BMW M3 From $145,000 Engine 4. 0-litre V8, 309kW/400Nm, 12. (Sydney Morning Herald -- World)
Public Information Notice: IMF Concludes 2006 Article IV Consultation with Kenya May 16, 2009
Free Email Notification. Receive emails when we post new items of interest to you. (IMF News)
PCOTY: The Big Five May 7, 2009
After a good nights rest and waking up to sunny skies, we snatched the keys of the Audi S5, BMW M3, Chev Ute SS, Opel Corsa OPC and Subaru Impreza STI and heeded the calling of the open road ... Talking of Bavaria, the BMW M3 is another prime PCOTY candidate ... The coupe came very close last year and M3 qualifies again this year because since then the range has been expanded to include a four-door version and a brilliant double-clutch gearbox. (iAfrica.com)
Eliminated! Outside the Top 5 May 7, 2009
And that damn bakkie will eat you for breakfast on the freeway, not to mention that youve had it if an M3 4-door catches you on the track probably with a snotty little kid waving you goodbye out the back window as his old man drives away it doesnt matter how cool your ride is then. There are plenty upsides to this beautiful car I for one would be a happy chap if I could park one in the missus bay not only will she have her and all her friends favourite car in the garage, but I can... (iAfrica.com)
Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Zimbabwe May 7, 2009
Press Release: May 6, 2009. Free Email Notification. (IMF News)
Royal rumble part 1 May 6, 2009
Two of these are super saloons, and here we re-ignite the battle between the brute-like Mercedes-Benz C63 AMG and more refined BMW M3 Sedan. But wait. (iAfrica.com)
Press Release: IMF Executive Board Approves 12.9 Billion Stand-By Arrangement for Romania May 5, 2009
Press Release: IMF Executive Board Approves 12. 9 Billion Stand-By Arrangement for Romania. (IMF News)
Another 100 basis point slash on cards May 2, 2009
He forecast that this month the M3 money supply would decline to 11. 67 percent year on year, the credit extension to the domestic private sector to 8. (Business Report, South Africa)
City fire, police department seek changes May 2, 2009
To better reflect what the department's personnel does, Fire Chief Tom Everett announced Friday he will ask the City Council to officially change his department's name from the Sioux City Fire Department to Sioux City Fire and Rescue. For about the past five years, he said the department has referred to itself as fire and rescue. (Sioux City Journal)
Rate cut nearly in the bag May 1, 2009
Growth in the broadly-defined M3 measure of money supply also braked to 10 ... 1 percent in March, while the annual growth in M3 -- which often points to inflationary pressures in the economy -- was seen at 11. (Business Report, South Africa)
Olympic Champ Bolt In Car Crash In Jamaica Apr 30, 2009
Bolt was apparently speeding on a rain-slicked highway when he lost control of the BMW M3 and it went off the road, police Sgt. David Sheriff told The Associated Press. Sheriff was the first officer to arrive at the scene in St. Catherine parish and found the car heavily damaged. (KFOXTV.com, TX)
Sydney ATM bandits strike again Apr 29, 2009
Police said the three thieves fled in two cars - a silver BMW M3 sedan and a blue Nissan Skyline sedan. They were wearing hooded jackets, jeans and balaclavas and carrying crowbars at the time of the attack. (Sydney Morning Herald -- Australia)
Best of the best Apr 28, 2009
0-100 is quick enough to scare the living daylights out of an M3 or C63 from the lights and bet your bottom dollar the theres nearly nothing out there to hold a candle to Bruce when youre cruising the freeway ... Like the way this BMW M3 looks. (iAfrica.com)
Ferrari in disarray Apr 20, 2009
Like the way this BMW M3 looks. Be warned it has the go to match the show. (iAfrica.com)
Best BMW M3 on the block Apr 16, 2009
BMW M3 by Chiptuning Cars in Action Related Articles ... Best M3 on the block ... Jacques Odendal is a self-confessed BMW nut, who simply had to have the best M3 on the block. (iAfrica.com)
Iowa's 83rd Assembly: The best of the dead Apr 9, 2009
M3HF 802: It shouldn t be a hardship to give public comment or allow it when someone is going to building a permitted site Confined Animal Feeding Operation ... Roger Wendt, D-Sioux City: "{M3I am not terribly disappointed in any bills that didn t make the funnel. The school start date needs to be addressed with a compromise that establishes a uniform date such as the fourth Monday in August. The present date of the week that contains Labor Day is waived by a simple click while filing the... (Sioux City Journal)
THE FRANCHISE: Get a fast and furious summary of its four gears Apr 6, 2009
A couple of Euro imports also make the cut: a Ferrari 360 Modena and a BMW M3. Choice words: Pearce, helping pretty boy O'Conner pick his next car: "Don't even think about takin' the convertible. It might loosen your mousse.". (USA Today -- Life)
The Best Cars for Your Money Apr 5, 2009
Toyota's 4Runner, Camry, Prius, Tacoma and Venza each win their own segments, as does BMW's M3, X6, 7-Series and 5-Series Sedan and Wagon. 1. (ABC News -- Business)
Schools to begin receiving economic stimulus money Apr 2, 2009
Posted: Thursday, April 02, 2009 WASHINGTON (AP) -- The Obama administration has released 44 billion, the first round of school dollars from the economic stimulus package, Education Secretary Arne Duncan said Wednesday. Iowa is slated to get about 565 million for educational programs, but Elaine Watkins-Miller, spokeswoman for the Iowa Department of Education, said all the department had received so far was several pages of guidelines from the federal government. (Sioux City Journal, IO)
February credit growth slows, back rate cuts Apr 1, 2009
During the same period, growth in the broadly defined M3 measure of money supply braked to 13 ... 72 percent in February, while the annual growth in M3 - which often points to inflationary pressures in the economy - was seen at 12. (Business Report, South Africa)
Assigning the blame Mar 25, 2009
To the extent factors deviated from their target range (for example, the excessive increase in M3 money supply from 1995), remuneration would be reduced, with the reduction becoming more pronounced as the deviation was prolonged. The other possibility would be to design de novo a purely private sector central bank, with the board of directors consisting of senior bankers. (Asia Times Online)
Malden High students put stimulus act to the test Mar 20, 2009
In cooperation with the Society for Industrial and Applied Mathematics, the Moody s Foundation a source for credit ratings, research analysis and quantitative credit risk assessment products and services created Moody s Mega Math (M3) Challenge. The 2009 M3 Challenge posed the question to this year s scholarship competitors, $787 Billion: Will The Stimulus Act Stimulate The U.S. Economy ... Student Belinda Lee thought that the M3 Challenge was a wake up to the applied mathematics of the real... (Malden Observer, MA)
Press Release: IMF Executive Board Approves US$3.8 Million PRGF Arrangement for São Tomé and Príncipe Mar 4, 2009
Strengthening and deepening the financial sector and improving the investment climate should be given high priority," Mr. Portugal said. The PRGF is the IMF's concessional facility for low-income countries. PRGF-supported programs are based on country-owned poverty reduction strategies. These strategies are adopted after an inclusive process involving civil society and development partners and articulated in a Poverty Reduction Strategy Paper (PRSP). This is intended to ensure that... (IMF News)
An economy at extremes? Feb 28, 2009
Money supply (M3) soared well north of 20 per cent others estimate as much as 75 per cent either way it is soaring, so a Depression this is not. What of unemployment claims. (Globe and Mail -- Business)
The Conference Board(R) Australia Business Cycle Indicators(SM) Feb 26, 2009
NOTES: Series in TCB's LEI for Australia that are based on The Conference Board estimates are sales to inventory ratio and gross operating surplus for private non-financial corporations, the implicit price index used to deflate rural goods exports and building approvals, and the CPI used to deflate money supply M3. Series in TCB's CEI for Australia that are based on The Conference Board estimates are industrial production and household disposable income. (PR Newswire)
Inflation: Hidden Giant Waiting to Attack? Feb 22, 2009
Evidence shows that the broad money supply (M3) is back on the rise, including growth in the required reserves at depository institutions, hinting that the velocity of money is rising again (aka lethargic rabbits start running), with some believing that double digit inflation may be seen later this year. Adding to the problem is the fact the Federal Reserve may begin monetizing Treasury debt due to the likely drop off of foreign demand in US Treasuries, which we are already seeing. (Motley Fool)
Humble carpenter a 'Hero' Feb 19, 2009
Sioux City Journal : Humble carpenter a 'Hero. Humble carpenter a 'Hero. (Sioux City Journal, IO)
The Return Of Big Government Feb 18, 2009
The U.S. has contracted terminal economic lung cancer from far too much federal spending, financed by deficit spending (add to debt), selling treasuries to our enemies, and inflating the money supply (M3 is currently increasing at 18% annually). Little if any of this spending has been of any value to anyone other than the politicians who spent it. (Townhall.com)
Nugget by nugget Feb 11, 2009
The reason for all of this is that, as he explains, "In 1971, when the US abandoned the gold standard, total M3 money supply stood at $800 billion. Since then, the Federal Reserve has increased the money supply well in excess of GDP growth. In 1987, Alan Greenspan took over as Federal Reserve chairman and opened the money supply floodgates. He expanded the US money supply by $6.5 trillion during his 19-year tenure to $10 trillion - more than all of the previous Fed chairmen combined. Ben... (Asia Times Online)
Public Information Notice: IMF Executive Board Concludes First Post-Program Monitoring Review with the Dominican Republic Feb 9, 2009
Liabilities to private sector (M3) ... M3, in percent of GDP. (IMF News)
