"Always Watching."

NEWS

Prime Rate Slump
By ANGELA SMITH

Fleet Bank lowered their prime lending rate to a record 0.02 percent last Tuesday, their lowest level in over a year, and there is no sign that interest rates have bottomed out.

But many smaller businesses are in the black because of low borrowing costs and more than robust buying by consumers who themselves are being unshackled by deflation.

Many smaller commodity speculators are benefitting, too, as they find themselves able to get loans to cover the influx of new contracts they hold for Foodstuffs, Grade A materials, and other commodities.

Interest rates on such loans regularly are two percentage points or more above the prime, which is the rate banks charge their most credit-worthy corporate customers. Since banks now make most of their short-term business loans with a "floating" interest rate tied to the prime rate, decreases in the latter make money more readily available for borrowers.
Total Trade Volume Booming
By ANGELA SMITH

At first glance, citizens will be pleased to know that Vieneo is enjoying a stock market boom. The volume of options traded on the future market has reached a dizzying 27 MT which exceeds the record set several months ago. We should all feel rich! However, on closer examination, the global economy shows signs of imbalance. Foodstuffs and consumer goods account for 90% of the market. Whereas, industrial products especially unrefined fuel ore, refined fuel and fabricated materials account for only 5% of the market. As we all know, Iagreous is the fundamental basis of our economy; without it we would not be here. So why the imbalance? Some could argue that the apparent shift towards consumers is the healthy sign of a maturing developed economy. Not so! In many respects Vieneo is still a frontier world. Sure, we now have a miriad colonies in addition to Deois but common sense suggests there are still vast tracts of unexplored territory waiting to be exploited for its valuable fuel ore. And some of that will be highly desirable grade A. Do we have any brave adventurers willing to risk all to make a fortune? After all, we live in a meritocracy where hard work is rewarded. More to follow from your intrepid reporter.
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LATEST HEADLINES
Consumer Goods Commodity Slump
By JAMES THILL

Consumer Goods commodity prices are at their lowest price in a few months at 5183 CR/MT as of today, fresh evidence that investors are betting on a downturn in the global economy after years of sluggish growth and scant inflation. Now, as signs of inflation and improving global demand have returned, investors are beginning to shy away from commodities. A sustained slump in commodities would likely signal unhealthy consumer and business demand.
Total Colonies Slump
By JAMES THILL

The Governor's office announced last month that the total colony count has fallen to 190, the lowest level in almost two years. The Yonmaran development board is pointing fingers at the alliances blaming them for not maintaining the existing colonies and endangering the workforce.
Unemployment Rampant
By JAMES THILL

The USR authorities report on last month that Deois unemployment has risen to the highest level in a few months. That is a reported 0.16% of Deois inhabitants not officially employed. Who are these people? Where are they hiding? How do they survive? Of course, many will be the wives and families of hard-working colonists. And some will be casual laborers looking for work. But maybe there is a dark underbelly to our world? What are the implications for crime and of course for personal protection? We will follow this story.
Tragic Outcome from Touchdown
By ANGELA SMITH

An E-11 Saint, operated by Mineral Mountain Madness Co., erupted in flames after crashing into an empty field near Deois during a failed landing attempt last month. The pilot was the only one aboard and was pronounced dead at the scene. Investigators are trying to determine if that crew member was qualified for the flight.
Fabricated Materials Commodity Slump
By JAMES THILL

Fabricated Materials commodity prices are at their lowest price in several months at 258 CR/MT as of last month, fresh evidence that investors are betting on a downturn in the global economy after years of sluggish growth and scant inflation. Now, as signs of inflation and improving global demand have returned, investors are beginning to shy away from commodities. A sustained slump in commodities would likely signal unhealthy consumer and business demand.
Refined Fuel Commodity Slump
By ANGELA SMITH

Refined Fuel commodity prices are at their lowest price in several months at 105 CR/MT as of last month, fresh evidence that investors are betting on a downturn in the global economy after years of sluggish growth and scant inflation. Now, as signs of inflation and improving global demand have returned, investors are beginning to shy away from commodities. A sustained slump in commodities would likely signal unhealthy consumer and business demand.
BUSINESS

FTL Departs Easydock (TAC)
By MARY STULL
PHOTOGRAPHER; GREY GHOST

The DIHV ship Valley Forge (IVR 3811-A) departed last month.
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Ground Breaking Ceremony
By LUCINDA SMITH
PHOTOGRAPHER; SHAUN A. STAGG

Mineral Mountain Madness Co. began construction on a new mining colony at Outer D earlier this year. Nearby colonists are excited at the new opportunities it brings to the Aknow region.
Ground Breaking Ceremony
By LUCINDA SMITH
PHOTOGRAPHER; SHAUN A. STAGG

Mineral Mountain Madness Co. began construction on a new farming colony at Solaris earlier this year. Nearby colonists are excited at the new opportunities it brings to the Trebmal region.