MarketWatch (June 7)
“The Bank of Canada delivered another reminder to U.S. investors Wednesday that pressing ‘pause’ on interest rate hikes doesn’t necessarily mean the monetary tightening cycle is over.” The central bank “surprised traders” by lifting rates a quarter percentage point after a four-month pause. The move came just after the “Reserve Bank of Australia on Tuesday delivered a second straight rate hike after having ended a short pause of its own.”
Tags: Australia, Bank of Canada, Cycle, Hikes, Investors, Monetary tightening, Pause. Interest rates, Reminder, Reserve Bank, Traders, U.S.
The Los Angeles Times (January 26, 2014)
After three years of severe drought, Californians are being asked to cut water usage by 20%. The drought, billed as the worst in over a century, “serves as a reminder of the urgent need for action—to plan, to conserve, to store, to reuse, to transport and to share the state’s most precious resource.”
Tags: Action, California, Conserve, Drought, Plan, Reminder, Reuse, Severe, Share Resources, Store, Transport, Urgent need, Usage, Water
