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Obama’s hopes for re-e, ECB and G7 signal readiness to intervene and other Economy news

The economy news of 2011-08-08 on Tamugaia - Obama’s hopes for re-election take a knock, and ECB and G7 signal readiness to intervene.
Obama’s hopes for re-election take a knock - The biggest political casualty of S&P’s move may be Barack Obama, whose path to re-election in next year’s presidential race appears increasingly rocky... [ View ]

ECB and G7 signal readiness to intervene - Pair stand poised to act on bonds and currencies in an effort to soothe markets after the twin impact of the eurozone debt crisis and Friday’s US rating downgrade... [ View ]

Merkel tries German sangfroid amid mayhem - Chancellor’s instinct is always to take the long view and bide her time in taking any drastic decisions. She mistrusts the instant judgments of the markets, and the short-termism that seems to dominate d... [ View ]

Kerry defiant after helicopter attack - The attack on a US helicopter in Afghanistan did not reflect the Taliban’s rising strength, said the chair of the Senate foreign relations committee... [ View ]

Libyan rebels to form oil protection force - The opposition wants to restart crude production and will establish a security group to ward off pro-Gaddafi forces roaming the deserts... [ View ]

Bank of France forecasts flat French 3rd-qtr growth - ... [ View ]

BRIEF-Tel Aviv shares open up 1.0 pct - ... [ View ]

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