It is the 14th of October 2019

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Asia's Largest Clothing Retailer Plummets After Slashing Guidance By A Third; Blames Strong Yen

It didn't take long for the impact of the stronger yen, and the weak global economy, to manifest themselves on the company that is Asia largest clothing retailer.

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New York Follows California, Will Raise Minimum Wage To $15/Hour

Earlier his week, California paved the way for a $15/hour minimum wage, in a move that essentially communicated the following message: “..to hell with economics.”

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Why Did the 9/11 Commission Not "Follow the Money?", by Lars Schall

In the below article, independent investigative journalist Lars Schall explores the time-honored tradition of following the money in an attempt to discover answers to yet unanswered questions regarding the terrorist attacks of 9/11 in New York City. Here is his report below.

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The World Has 6 Options To Avoid Japan's Fate, And According To HSBC, They Are All Very Depressing

Last week, when looking back at consensus economist forecasts for Japanese growth as of 1995, we compared what the pundits thought would happen, and what actually did happen: the result was what may have been the worst forecast of all time, leading to a 25% error rate in just five years later. It also unleashed the start of Japan's three lost decades.

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