Another year
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The Fed's announcement that it will continue its bond-buying program is good news for non-U.S. stocks. While developing-country stock returns have been lackluster, they are still worth holding for diversification.
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The UK Green Building Council, representing the green building industry, spooked by the low take-up of Green Deal loans, held an emergency meeting on Monday to discuss how the deal can be saved. A report – drawn up by a task force of developers, environmental groups, the insulation industry and Green Deal providers and discussed at the meeting – suggests that tax incentives, either stamp duty rebates or council tax reductions for energy-efficient homes, could encourage more people to insulate their homes. Conversely, energy-inefficient homes will be penalised with higher council tax rates.
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If Merkel's Christian Democrats cannot continue to governwith the liberal Free Democrats but are forced into a coalitionwith the centre-left Social Democrats, Germany may be more opento forging a banking union without an arduous treaty change,said Hartmut Mayer, a fellow in politics at Oxford University.
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Syria also has a few choices to retaliate, including attacking rebel forces, widening the conflict into neighboring countries in the region (such as Turkey) or initiating a proxy war with the help of groups like Lebanon's militant Shia organization Hezbollah.