By CentralBankNews.info
Romania’s central bank maintained its policy rate at 3.5 percent, as expected, along with its reserve requirements, and forecast inflation of 3.3 percent by the end of this year and the end of 2015.
The National Bank of Romania (NBR), which cut its rate for the sixth time in a row in February, said its latest quarterly inflation report, which will be released on May 8, reiterated that the outlook is for the inflation rate to remain inside the bank’s target range of 2.5 percent, plus/minus one percentage point, starting from the second half of this year.
In its previous inflation report from February, the NBR revised upwards its 2014 inflation forecast to 3.5 percent from 3.0 percent and forecast 2015 inflation of 3.2 percent.
Romania’s headline inflation rate fell further to 1.04 percent in March from 1.1 percent in February for average inflation of 2.8 percent from 3.2 percent. The European inflation gauge, the Harmonised Index of Consumer Prices (HIPC), eased to 2.3 percent in March from 2.6 percent.
The central bank said the low level of inflation was in line with its projection, with the negative output gap and inflation expectations keeping it within its target range, and one-off factors along with producer prices pointing to further moderate inflationary pressures.
The primary risks to the bank’s outlook stems from external sources, primarily the appetite of investors to investments in emerging markets amid the recent geopolitical and regional tensions, cross-border debt deleveraging and the impact of major central banks’ monetary policy stance.
Romania’s economy is improving on the back of stronger exports, a favorable performance of its industrial sector and a gradual consolidation of consumption, the bank said, adding that the current account and international reserves “remain in a comfortable zone” and a substantial part of Romania’s external debt has been repaid.
Romania’s Gross Domestic Product grew by 1.6 percent in the fourth quarter of last year from the third quarter for annual growth of 5.4 percent, up from 4.2 percent in the previous quarter.
The NBR pointed out that loans denominated in the leu currency had picked up while foreign currency loans had declined so the total rise in private sector loans were still declining.
But the share of foreign currency loans fell to 59.5 percent, the first time in five years that it has dropped below 60 percent, strengthening the central bank’s monetary policy transmission mechanism.
The central bank also maintained its reserve requirement on domestic leu currency deposits at 12 percent and the requirement on foreign currency deposits at 18 percent. In January the requirements were from 15 percent and 20 percent, respectively.
Gold Trades Near Three-Week High; Ukraine in Spotlight
Gold prices were seen trading higher on Tuesday, rising to its highest prices in almost three weeks as traders keep an eye on the escalated tensions in Ukraine.
Prices for the yellow metal climbed on Monday, lifted by the increased demand for the metal on Monday over the tensions in Ukraine which escalated over the weekend and the key Chinese manufacturing gauge contracted for the fourth month in a row, raising concerns that the world’s second largest economy’s slowdown is deepening.
Futures for Gold for June delivery climbed 0.1% to $1,310.80 on the Comex in New York at the time of writing, after reaching $1,315.68 yesterday, the highest since April 15. While silver for immediate delivery traded 0.2% higher to $19.6465 an ounce in London.
Gold have climbed by 9.1% this year, bouncing back from its biggest drop in a year since 1981.
Gold – Ukraine
Over the weekend, the crises in Ukraine escalated, as Ukraine’s Interior Ministry forces were sent to drive out militants and release hostages, according to Minister Arsen Avakov. The crises in Odessa left 46 dead.
Meanwhile the German Chancellor Angela Merkel and US President Barack Obama have set May 25 to vote on whether to impose more sanctions against Russia if the country fails to withdraw its support for separatists.
The global demand for gold is currently the highest in China, taking over India as the world largest consumer. However, the weakening of the yuan against the greenback has cut the demand from China as the consumer purchasing power from the nation dropped.
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Stocks Market Report 6th May
Stocks in Europe were seen trading higher on Tuesday as investors focus on the monthly reports on final services PMI’s for April from some region’s major economies.
The European Euro Stoxx 50 rose 0.12% higher to trade at 3,175.50 at the time of writing, while the German DAX gained 0.11% to 9,539.80. At the same time the French CAC 40 edged 0.17% higher to 4,470.30, while the UK’s benchmark FTSE 100 slid 0.12% to 6,814.30.
Services PMI
The eurozone’s services PMI for April rose to a three-year higher. Eurozone’s final Purchasing Managers’ Index (PMI) for the services sector climbed 53.1 points in April, expanding for the ninth month in a row.
In Spain, the nation’s services Purchasing Managers’ Index (PMI) for April advanced from 54 points to 56.5 points in April, surpassing analysts’ forecast of 54.2 points.
Italy’s services PMI expanded to 51.1 points from the previous figure of 49.5 points in March, while analysts forecasted a reading of 50.5 points.
Germany’s services sector grew to 54.7 points in April from 53 points in the previous month, but missed analysts’ estimates of a 55 rise.
In France, the country’s services PMI reading came in at 50.4 points in April, dropping from the previous reading of 51.5 seen in March, however slightly above analysts forecast of 50.3.
While analysts wait for the services PMI from the UK, analysts are expecting to see a slight rise to 57.8 points from the 57.6 in March.
Stocks – Asia
Stock markets in Asia were mostly closed on Tuesday for public holiday. With the markets in Japan closed for Greenery Day while South Korea’s stock market closed for the second day this week and Hong Kong were shut for the celebration day of Buddha’s birthday.
The mainland Chinese benchmark Shanghai Composite climbed 0.47% higher to 2,036.83 at the time of writing after Monday’s fall after the China’s manufacturing gauge contracted for the fourth month in a row.
HSBC’s Purchasing Managers’ Index (PMI) for April came in at 48.1 from 48.3, coming in lower than analysts forecast of 48.4. Readings below 50 indicates contraction.
Stocks – Australia
Sydney’s benchmark S&P/ASX 200 index rose 0.28% higher trading higher at 5,477.70 at the time of writing, while the Reserve Bank of Australia (RBA) decided to hold its benchmark interest rate at a record-low 2.5%.
“There has been some improvement in indicators for the labour market,” RBA Governor Glenn Stevens said in a statement accompanying the decision. “But it will probably be some time yet before unemployment declines consistently.”
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Insect Infestation Ravages Orange Crops
Is there a more powerful investment force on Earth than a supply shock?
Assuming demand stays constant (or increases), as supply wanes, prices will always move higher.
It’s a universal law of the market that can never be violated, which explains why shortages and supply shocks are so appetizing for investors.
Well, it just so happens that the market is presently plagued by tons of shortages.
There’s presently an aluminum shortage, a helium shortage, an apple shortage, a fertilizer shortage, a water shortage, an incubator shortage, a coffee bean shortage, a propane shortage, and yes… even a condom shortage in Cuba.
That being said, the lime shortage is all the rage right now.
Although the shortage is the offshoot of a drought in Mexico, it was made worse by a Mexican drug cartel known as The Knights Templar.
To further line its pockets, the cartel has been resorting to extortion of local business owners, which has profoundly impacted the lime trade.
A case of limes now goes for close to $100, up substantially from $15 this time last year.
But while Americans wonder if their margaritas are safe, another citrus crop is quietly in trouble.
Ravaged by disease, the U.S. Department of Agriculture recently announced that Florida’s orange crop will experience its worst harvest since 1985.
The culprit is an infestation of gnat-sized insects (Asian citrus psyllids), causing oranges to wither and drop early.
Orange juice futures are already being dramatically impacted, and the trend is only just beginning.
On such merits, I asked former NYMEX commodities trader, Lee Lowell, to discuss the evolving situation. With hurricane season approaching, Lee warns that now is the perfect time for investors to strike.
Onward and Upward,
Robert Williams
Founder, Wall Street Daily
More Storylines Impacting Markets
Chinese Version of a Greenspan Bubble
A rapidly rising tide of loan defaults portends distress for property developers who borrowed in dollars to help fuel China’s housing boom for the past several years. China’s $7.5-trillion shadow-banking system provided easy credit to subprime lenders, which was the catalyst for financially untenable projects. The Chinese property bubble is similar to the Greenspan Bubble in that projects are dependent on Ponzi-style financing to pay off existing debt. However, as the Chinese leadership abstains from further artificial stimulus, the prospects for 7.5% GDP growth in China become more unlikely, which will have a far-reaching impact on global asset prices.
It’s Not the Weather, Stupid
A Census Bureau report shows that sales of new single-family homes for March 2014 were at a seasonally adjusted annual rate of 384,000 units – well short of economists’ expectation of 450,000 new homes. The rate was 14.5% below the revised February 2014 rate of 449,000 units, and more than 13% off the pace set in March 2013. Some economists still blame the weather for the shortfall, even though the Northeast, which experienced the worst of the heavy weather, saw a 12.5% month-over-month (M/M) increase in new home sales. What’s more, the Northeast saw an increase in new housing units, while the South and West saw M/M declines of 14.4% and 17.7%, respectively. The Midwest saw the biggest declines in new construction, with a 21.5% M/M decline. If this trend continues, expect the low housing numbers to have a negative impact on consensus GDP of 0.5% to 0.8% for 2014.
Greenlight Capital Shorts Tech Stocks
Greenlight Capital, the hedge fund that predicted the decline of Lehman Brothers in 2008, announced that it’s shorting an unidentified group of tech stocks – as evidence mounts that tech stocks are in bubble territory. The $10.3-billion hedge fund established a short position and expects the stocks to decline by at least 90% once the market reapplies traditional valuations. The firm’s manager, David Einhorn, claims the market is near the end of the second tech bubble in 15 years as tech firms – that have accomplished little more than an ability to use buzzwords to attract venture capital – continue coming to the market through IPOs.
The post Insect Infestation Ravages Orange Crops appeared first on Wall Street Daily.
Article By WallStreetDaily.com
Original Article: Insect Infestation Ravages Orange Crops
Forex Technical Analysis 06.05.2014 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD)
Article By RoboForex.com
Analysis for May 6th, 2014
EUR USD, “Euro vs US Dollar”
Euro is still moving close to upper border of divergent triangle pattern and forming narrow consolidation channel, which may be considered as continuation pattern. We think, today price may continue moving upwards towards target at level of 1.3990. Later, in our opinion, instrument may return to level of 1.3890 and then move upwards again to level of 1.4100.
GBP USD, “Great Britain Pound vs US Dollar”
Pound is still forming ascending structure. We think, today price may grow up to reach new maximum at level of 1.6940, consolidate for a while, and then form reversal pattern to start new correction towards level of 1.6690.
USD CHF, “US Dollar vs Swiss Franc”
Franc is still moving downwards. We think, today price may fall down to reach level of 0.8700. Later, in our opinion, instrument may return to level of 0.8780 and then continue falling down towards level of 0.8630.
USD JPY, “US Dollar vs Japanese Yen”
Yen continues falling down; market is forming another descending wave with target at level of 100.00. We think, today price may form consolidation channel as continuation pattern and reach level of 101.00. Later, in our opinion, instrument may return to level of 102.10 and then continue moving downwards to reach main target.
AUD USD, “Australian Dollar vs US Dollar”
Australian Dollar is being corrected with target at level of 0/9334. Later, in our opinion, instrument may start forming the third wave towards level of level of 0.9085 and then the fourth one to reach level of level of 0.9210.
USD RUB, “US Dollar vs Russian Ruble”
Ruble is still moving inside triangle pattern. We think, today price may continue falling down with target at level of 34.80 and then start new ascending movement towards level of 37.50.
XAU USD, “Gold vs US Dollar”
Gold is still forming ascending impulse, which may be considered as the third wave. We think, today price may form consolidation channel at current levels, break it upwards, and reach local target at level of 1340. Later, in our opinion, instrument may fall down towards level of 1310 to test it from above and then start new ascending movement to reach level of 1350.
RoboForex Analytical Department
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Wave Analysis 06.05.2014 (DJIA Index, Crude Oil)
Article By RoboForex.com
Analysis for May 6th, 2014
DJIA Index
It looks like price is starting new ascending movement. Probably, right now Index is forming extension inside wave (3). Earlier, after completing double three pattern inside wave [2], Index formed initial bullish impulse inside wave (1). In the near term, market is expected to reach new historic maximum.
As we can see at the H1 chart, after finishing zigzag pattern inside wave (2), Index completed wedge pattern inside the first wave. Most likely, in the nearest future market may continue moving upwards inside the third wave.
Crude Oil
Oil continues falling down. Probably, earlier price formed bearish impulse inside wave 1. Most likely, in the nearest future instrument may start falling down again inside the third wave and break previous minimum.
More detailed wave structure is shown on H1 chart. Probably, yesterday price completed wave (2) and then formed initial descending impulse inside the third one. During Tuesday, instrument is expected to complete local correction and break yesterday’s minimum.
RoboForex Analytical Department
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Oil Traders Need to Pay Attention to China
The supply of oil has a major impact on its price, which is why investors need to pay close attention to the situation between China and Vietnam.
According to The Associated Press, Vietnam recently demanded that China stop drilling operations in a disputed area of the South China Sea. The Asian nation has since refused, but that doesn’t mean the situation is over. For this reason, investors who participate in crude oil trading should keep an eye on the news to stay informed on new developments.
Vietnam isn’t the only nation angered by China’s assertive claims of this territory, as the Philippines and other countries are also upset. The disputed area is said to have large oil and gas deposits.
Experts believe this move by China is provocative, which could cause tension and potentially damage the oil supply.
“This act by China is much more dangerous than previous actions such as cutting the exploration of cable or fishing bans,” Tran Con Truc, the former head of a government committee overseeing the country’s border issues, told The AP.
Vietnam’s foreign ministry has also made it clear that country is not happy with China.
“All foreign activities in Vietnam’s seas without Vietnam’s permission are illegal and invalid,” the ministry said in a statement. “Vietnam resolutely protests them.”
Another factor that could come into play is the recent defense pact the U.S. signed with the Philippines to help fight against China’s growing economic and military might, according to Bloomberg.
Investors need to keep a close eye on this situation, as any future tensions could move the price if oil supplies are cut off in the area.
The post Oil Traders Need to Pay Attention to China appeared first on | HY Markets Official blog.
Article provided by HY Markets Forex Blog
Australia maintains rate, still sees period of stable rates
By CentralBankNews.info
Australia’s central bank left its benchmark cash rate unchanged at 2.50 percent, as widely expected, and reiterated that “the most prudent course is likely to be a period of stability in interest rates” as the current accommodative policy stance should help foster growth in demand in keep inflation consistent with the bank’s target.
What Portuguese bond rates tell you about Australia’s stock market
In 2008 things got really bad. Stock markets crashed.
From 2010 to 2012 things got really bad again. This time it was in Europe. Stock markets crashed.
It appeared the end of Europe’s economy was nigh. Your editor even wondered if the European Union and the euro currency would survive.
But both have survived. And not only that, but despite the cries of impending doom for Europe there’s now the belief that Europe is already well on the road to recovery.
What happens next…?
First off, it has been a big turnaround.
We’re sure you remember all the stories about the PIIGS a few years back. That reference is to the initials of Portugal, Ireland, Italy, Greece and Spain.
It was a somewhat unkind and demeaning reference. It was usually tied in to stories about southern Europeans (except Ireland of course) being good-for-nothing layabouts, and that a financial crisis was what they deserved.
There was a justification to some of the arguments. But pinning the blame on ordinary folks wasn’t fair. Their nations’ governments had promised a bunch of welfare goodies in return for nothing. Who wouldn’t gladly accept that?
Many Europeans did gladly accept that deal. That’s why they got so angry when it all came to an end. Remember the riots in Athens?
The ‘good old days’ of financial crises
But times have changed since Greek rioters were burning bank buildings just a stone’s throw from the Parthenon.
And it seems a century ago that Europe appeared to be on the verge of civil war between the supposedly thrifty north and the spendthrift south.
You only need to look at a five-year chart of the yield for Portugal’s 10-year bond to see how much things have changed:
Did Portugal’s 10-year government bond rates really spike to above 15%? Yes, they did.
That was during the period of time we mentioned above, when Europe was on the brink of collapse.
But since then the bond yield has gone in pretty much one direction — down. Today Portugal’s 10-year government bond yield is just 3.63%. Of course, that may not mean much unless we compare it to something else. Check out the next chart:
It’s a comparison of Portugal’s 10-year bond yield (orange) with Germany’s 10-year bond yield (green).
Ignore the numbers on the left and right. They don’t relate to the interest rate, they are simply index points, with zero being the starting point for the chart.
But you can see what happened. From 2010 through to 2012 the bond yield on German government debt dropped, because investors saw it as a safe haven investment. They sold Portugal’s debt (causing rates to rise) and bought German debt (causing rates to fall).
It’s a neat diagram demonstrating the mentality of investors at the time.
Amongst the rubble and trouble, opportunities exist
But what has happened since the European debt crisis in 2012 is equally interesting. During that time the German bond yield has steadied and even risen slightly. By contrast Portugal’s bond yield has sunk to the current level of 3.63%.
Why? It shows you that since then investors have embraced taking risks again — partly through choice and partly through force, as they have to accept more risk for lower returns.
Investors haven’t only snapped up Portugal’s government bonds. Investors have bought into the country’s stock market too.
Since early 2012 Portugal’s PSI 20 index has gained 64.5%. That beats the US market’s 41.9% gain, and it trounces the Australian share market’s 34.4% gain over the same timeframe.
But you probably haven’t heard much about that in the press. The PIIGS story got less interesting for the press as the country’s interest rates fell, the stock market began to climb, and rioting in Europe died down.
But the good news for Portugal doesn’t end there. It appears that Portugal is about to shut the book (at least for now) on its troubles as it officially exits the three-year 78 billion euro European Union/International Monetary Fund bailout.
Who says a financial crisis can’t have a happy ending?
Look, as always this isn’t about declaring the bailouts a success. Portugal isn’t really out of trouble. It has just cut its budget deficit. But it’s still running a deficit, which means it needs to raise taxes or go further into debt.
If you need proof, Portugal’s Debt to GDP will be 129% this year, compared to 108% in 2012. In other words there’s an element of ‘smoke and mirrors’ to Portugal’s recovery.
But that’s not important. The important message is that if you want to make good money in financial markets you often need to look past the headline in order to find the opportunities.
Two years ago few spotted the opportunity to invest in Portugal due to the fuss about bailouts and budget deficits. That was a mistake. Today we see investors making the same mistake as they worry too much about events in Russia, Ukraine, China, and even here in Australia.
The world economy isn’t perfect right now. But if you’ve learnt one thing over the past few years it should be that you don’t need a perfect world in order to make healthy returns.
Cheers,
Kris+
From the Port Phillip Publishing Library
Special Report: Secure and Protect Family Wealth for Generations
Here’s Proof the Government Hates Technology and Innovation
Without innovation, the world stands still.
We need to innovate to continue advancing society and our way of life. Innovation and technology are vital to the coming future of our world.
However, not everyone likes innovation or wants it to succeed. Sometimes self-interest and protectionism get in the way.
And there’s no bigger example of this than the existing taxi industry in Australia.
But first you have to realise that innovation is inevitable. Those that innovate thrive. Those that don’t…die.
Soon in Australia two of the most innovative companies in the world will go head to head against the taxi industry. One already is, another is coming. And both combined will spell the end of taxis as you know them.
As you’d expect I’m the biggest fan of how technology can help improve our lives. I think it’s possibly the single most important thing in the modern world.
In general the average person in the street probably appreciates, in one form or another, the technology around us. Particularly in Australia this appreciation of technology comes through the humble smartphone.
Most of us carry one. And most of us use a variety of apps and programs to manage our day-to-day lives.
So on the balance of it, society recognises the need for technology and innovation.
However, there’s one massive hurdle that stands in the way of progress. And the scary thing is this roadblock is supposed to be representative of society.
That’s right, the single biggest threat to the progress of society through technology and innovation is the government.
This isn’t a local problem confined to Australia, either. This is a global problem.
Government is the biggest control-freak in the world. There’s little they won’t stick their noses in to mess about with. And they’re killing innovation.
Victorian Transport Minister, Terry Mulder, and the Taxi Services Commission (TSC) highlighted this last week.
Mulder and his Vic government cronies look set to do their best to stifle any kind of innovation in Victoria.
This has all come to a head because Uber has started to advertise for people to join their Uber network.
Let me explain this in a bit more detail. You see, why Uber is advertising is as important as why the government wants to shut it down.
Need a Lyft? This will be the only way to get around town
There’s a company in the US that is a ‘ride sharing’ company. Their name is Lyft. Now Lyft isn’t your typical car sharing company. How Lyft works is you log into the app, say where you’re going and then someone, anyone, just an ordinary person can give you a ‘lyft’ to your destination.
You get the name of the person giving you a lyft, you see their car, and can track their progress to your location. So it’s all very above board and every driver is background checked before being accepted into the network.
When you arrive at your stop you pay through the app with the payment card stored on the system.
It’s safe, secure, convenient and easy.
One thing to note is this isn’t a taxi service. This is ordinary people, people like you and me, who own a car, giving people rides for an affordable rate. It sounds like a taxi service, but it’s not. It’s not like anything before it. And that’s what government can’t handle.
You see Lyft is the perfect example of a thriving company in a reputation-based economy.
That means if a driver has a bad reputation, they don’t get pick-ups. And likewise if a ride had a bad reputation no driver will pick them up.
Lyft is a thriving, growing company in the US. And soon they’ll be branching out across the globe. Lyft is a direct threat to the existing taxi industry. But even more so, they’re a direct threat to Uber.
So rather than ‘sook-up’ and go whinging to the government like the taxi industry does, Uber is being proactive.
Competition breeds innovation. And Uber is one of the most innovative companies in the world. So they’ve decided to use their existing network and technology to expand the Uber offering.
UberLowCost is Uber’s alternative to Lyft.
So now Uber effectively has four services levels. Uber Lux, Uber Exec, Uber X and soon…UberLowCost.
You want a luxury ride. No problem. Or maybe you want a black car, something comfy but not too pricey? Easy. How about just a normal cab-like car? Done.
Now, you can even just catch a ride with a friendly neighbour. UberLowCost and Lyft will dominate the way we pay to get a ride around town.
And not just dominate. These two companies will literally shut down existing taxi networks.
Well, I say that on the assumption the government doesn’t ban them completely.
Government: Kings of protectionism
The government doesn’t like too much change. And innovative companies like Uber and Lyft, they really dislike.
A spokeswoman for the transport minister told The Age, ‘The TSC is currently investigating this practice and will take appropriate action if such activity is detected in Victoria.’
The minister’s office is directly talking about Uber. More specifically it’s Uber’s new low cost service that’s really thrown the cat amongst the pigeons.
‘UberLowCost’ is coming. And it seems the government might even outlaw Uber all together because of it.
They further said, ‘The Taxi Services Commission strongly discourages any members of the public applying for any job advertisements that offer quick cash for providing taxi and hire car services using a private vehicle.’
So not only are they preparing for the worst, they’re actively trying to turn people away from Uber.
What is happening is another example of government persecuting technology-based companies for challenging the norm. All Uber and Lyft do is provide an alternative to the traditional means of getting around town.
They simply provide a network for people to make their own decisions and choices. They use technology to enable and empower people to take command of their lives.
Like AirBnb empowers homeowners to make extra money from their property, Uber and Lyft empower car owners to do the same with their cars.
Now these companies wouldn’t be as successful as they are if there wasn’t a demand for a better service. And they certainly wouldn’t work if the existing system catered to the needs of people.
There’s a social revolution underway.
The attitude of the younger generation has already shifted. Their trust is in their technology networks. Whether that’s Facebook, AirBnb, Uber, SnapChat, Instagram or Tinder, all are examples of trusted networks.
This is a trend you’ll only see more of. People place more trust in technology driven networks like Uber and Lyft as opposed to old, broken, bureaucratic systems like the current Taxi Service.
The key themes are trust, reputation and a technology driven network of like-minded people.
These are all elements government cannot handle. Government also doesn’t have the skills or resources to innovate like these companies can.
That means your typical Silvertop taxi will continue to run. And they’ll continue to flounder in a failing system. But Uber will only get bigger, and more powerful. And then Lyft will find its way to Australia. Together, they will crush the taxi industry.
But again the only thing that will stand in the way is government. Legal challenges, legislation, and media beat-ups are already flowing thick and fast.
A massive showdown is brewing here. In one corner is the broken, corrupt, failing bureaucratic system we call government. In the other corner are innovative, intelligent, reputation based technology companies like Uber and Lyft.
The winner will be decided by the way in which we act. The weight of numbers of society will prove that we want a better way. That we deserve a fairer go. And it’s through these technology companies that we get it.
Already you can see the writing on the wall. In fact, we’ve already chosen the winner, and that’s why the government is terrified.
Regards,
Sam Volkering+
Editor, Tech Insider
Ed Note: The above article was originally published in Sam Volkering’s Tech Insider.
