Why short selling is goo, Inflation threatens global lifestyle hopes and other Economy news
The economy news of 2011-02-20 on Tamugaia - Why short selling is good for capital markets, and Inflation threatens global lifestyle hopes .
Why short selling is good for capital markets -
Short selling should be preserved – it is surely a good thing that socially valuable investments by investors like pension funds, universities and charities can be protected in falling markets. In these...
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Inflation threatens global lifestyle hopes -
A Financial Times/Harris survey shows scarcely any respondents in the main European economies or the US believe inflation will not affect them...
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US faces deadlock over budget -
The risk of a US government shutdown is rising, with the emboldened new Republican majority in the House of Representatives showing few signs of backing off from large budget cuts two weeks before a fundin...
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G20 strikes compromise on global imbalances -
Finance ministers and central bankers overcome Chinese objections to strike a compromise deal meant as a first step towards tackling global economic imbalances...
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Fears remain for US federal shutdown -
Sen Schumer hopes ‘we can negotiate somewhere in the middle’ but calls Speaker Boehner reckless...
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Scientists warn of $2,000bn solar ‘Katrina’ -
Extreme solar electromagnetic storms can shut communications satellites for many hours. On the ground, intense magnetic fluctuations can induce surges in power lines...
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Oil groups rush to grab slice of east Africa -
Majors and independents are investing hundreds of millions of dollars in exploration and compete to snap up licences on the continent’s last hydrocarbon frontier...
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Business jet travel rebounds as rich splash out for privacy -
The mode of transport, shunned in the recession as a sign of ostentation, is recovering in a further sign that the world’s richest people are spending more freely again...
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Gaddafi son warns of danger of civil war -
Residents described Benghazi events as ‘massacres’, alleging that ‘African mercenaries’ had been deployed to support local troops...
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Obama has weak hand to play in Mideast -
It is easy for the US president to denounce Iran. But he is much more guarded when the discussion turns to US allies, such as Bahrain, writes Daniel Dombey in Washington...
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Rulers scramble to put lid on popular dissent -
The wave of popular uprisings across the Middle East has triggered a fresh round of government handouts and offers of greater political participation, as countries try to quell unrest...
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FOREX-Euro holds firm on rate view, Aussie resilient -
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WEEKAHEAD-View from editors in the Americas -
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Museveni wins disputed Ugandan presidential poll -
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UPDATE 1-Egypt pound closes weaker after banks reopen -
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