China Central Bank Tightens Loan, Deposit Measurement As Shadow Banking Surges – Yahoo Finance

The steps the People’s Bank of China (PBOC) are taking also show that its recent tweak to how loan-to-deposit ratios banks are calculated was not a form of monetary easing, but instead a preliminary step to applying further pressure on shadow banking. According to a transcript of an official briefing to domestic media seen by Reuters on Thursday, the PBOC will include deposits by non-deposit-taking institutions made in accounts at banks deposit-taking institutions in calculations of deposits, and will include lending by deposit-taking institutions to non-deposit-taking institutionsin loan calculations. BROKERAGE MARGIN DEPOSITS The transcript made particular mention of margin deposits from brokerages at banks. Regulators have signalled concern that a massive stock market rally set off in November is at risk of over-heating, given large quantities of cheap leverage provided through brokerage margin accounts. The transcript quoted comments by Sheng Songcheng, the head of the PBOC’s statistics department, during a question-and-answer session to which foreign media were not invited. “The changes in calculating deposit and loan items are aimed at making (Chinese standards) gradually be in line with usual international practices,” Sheng was quoted as saying. “As these changes are aimed at more accurately reflecting the reality of social deposits loans, as well as liquidity conditions, people should not read too much into them on the policy front.” Despite the crackdown, off-balance sheet lending led by entrusted loans and trust loans shot up in December, official data showed on Thursday, even as traditional yuan loans fell far short of expectations.
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Special Elections Heating Up In Central Falls | Politics – Rhode Island & Us Political News | Providence Journal

Among them are Thomas Lazieh, who served three terms as mayor and one on the City Council; and former state Rep. Kenneth A. Vaudreuil, who also served two terms on the City Council. The other two candidates are Lorraine Savard and Carlos Monzon. All four of them are Democrats. Lazieh, 61, who finished third in the 2012 general election for mayor, cited his political experience after serving as Central Falls mayor from 1990 until January of 1996 and a two-year term on the City Council. Im a lifelong resident of the city and Ive always been active, he said. I love the City of Central Falls, and I continue to attend all City Council meetings. Vaudreuil, 58, said that he is impressed with the job that Mayor James A. Diossa has done running the city. He would like to work with him and continue to see the struggling city move forward.
For the original version of the article including any supplementary images or video, visit http://www.providencejournal.com/politics/content/20150113-special-elections-heating-up-in-central-falls.ece

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A Most Violent Year Is A Most Extraordinary Film – Yahoo News

The yellows and browns of Bradford Youngs elegant cinematography also conjure the era, while the score, by Alex Ebert, is subtle yet unsettling. The true star of A Most Violent Year is writer-director J.C. Chandor. This is Chandors third motion picture, and it is no exaggeration to say that his early career arc looks as promising as that of any other American filmmaker. That he continues to operate largely beneath the public radar is nothing short of baffling. His first film, Margin Call, offered by far the sharpest cinematic take on the financial crash; his second, All Is Lost, which found Robert Redford alone and (literally) adrift, was a meticulous exercise in narrative concision.
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Wjtv News Channel 12 – State Fire Marshal’s Office’s Heating Safety Tips

Make sure all fuel-burning vented equipment is vented to the outside to avoid carbon monoxide poisoning. CO is created when fuels burn incompletely. CO poisoning can cause illness and even death. Make sure the venting for exhaust is kept clear and unobstructed. This includes removal of snow and ice around the outlet to the outside.
For the original version of the article including any supplementary images or video, visit http://www.wjtv.com/story/27765051/state-fire-marshals-offices-heating-safety-tips

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Wjtv News Channel 12 – State Fire Marshal’s Office’s Heating Safety Tips

Use heating equipment that has the label of a recognized testing laboratory. Never use your oven for heating. Install stationary space heating equipment, water heaters or central heating equipment, according to the local codes and manufacturer’s instructions. Have a qualified professional install the equipment. Make sure all fuel-burning vented equipment is vented to the outside to avoid carbon monoxide poisoning. CO is created when fuels burn incompletely. CO poisoning can cause illness and even death.
For the original version of the article including any supplementary images or video, visit http://www.wjtv.com/story/27765051/state-fire-marshals-offices-heating-safety-tips

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5 Ways To Save Money In The Winter – Yahoo Finance

Save yourself the trouble and take turns hosting BYOB parties with your friends.You don’t need a lot to entertain try a game night, movie marathon or potluck dinner so you can get all the fun without the high price tag. 3. Watch the Thermostat You can warm your house for less this winter seal up any leaks, set a programmable thermostat so you can control the temperature, improve your insulation and establish certain zones in your home where you spend the most time that will receive more heat. And remember, your house doesn’t need to be so warm you’re comfortable in a T-shirt. Throw on a sweater and turn the thermostat down even just one degree to reap the benefits of energy savings. 4. Make Meals That Last We all know it is almost always cheaper to cook at home. To save even more this winter, make stews and other meals that warmyou up for several days of the week.
For the original version of the article including any supplementary images or video, visit http://finance.yahoo.com/news/5-ways-save-money-winter-120050276.html

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