Construction sector leads European share slide to 1-month low
If confirmed by the Senate, Yellen will replace Ben Bernanke whose second term ends in January. She has been a forceful advocate for aggressive action to stimulate the economy through low rates and bond purchases. Yellen’s nomination is certainly a good thing for the markets. She is one of the main supporters of a loose monetary policy and the markets will be assured that changes in the policy will be minimal, as long as underemployment persists,” Koen De Leus, http://www.ihireconstruction.com senior economist at KBC, in Brussels, said. “However, markets are getting more nervous day by day.
Collins. Local 50 of the Plumbers, Steamfitters & Service Mechanics endorsed Mr. Collins in September and handed him a $10,000 check. Mr. Collins said Mayor Bell ignored the building and construction trades council in 2011 when it offered to buy a large portion of the east side Marina District that was then sold to Chinese investors. At the time, Mayor Bell said he would not sign a proposed memorandum of understanding written by the union group because it did not have a business plan.