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Pray for no more crises , US borrowing rises for first time since 2008 and other Economy news

The economy news of 2012-03-09 on Tamugaia - Pray for no more crises for we govern by default, and US borrowing rises for first time since 2008.
Pray for no more crises for we govern by default - Emerging market countries have yet to come anywhere near matching rhetoric to action when it comes to global economic governance, writes Alan Beattie... [ View ]

US borrowing rises for first time since 2008 - The US passed a landmark in its recovery when data from the Federal Reserve showed the first quarterly rise in consumer borrowing since 2008... [ View ]

Book extract: Who’s in Charge Here? - The FT’s Alan Beattie explains the global financial crisis and how all governments, both nationally and collectively, made the wrong decisions... [ View ]

US jobless claims edge higher - First-time claims for jobless benefits in America rose unexpectedly last week but failed to damp optimism about a US labour market recovery... [ View ]

Shift from debt assets to equities likely - Bank of America Merrill Lynch says that as income demand stays high investors will make the move over coming quarters in order to mine yield... [ View ]

February jobs gains seen strong, keeping Fed at bay - ... [ View ]

Greece averts immediate default with bond success - ... [ View ]

Wall Street workforce up in 2011, despite layoff fears: report - ... [ View ]

GM, Fiat talked briefly about European tieup-paper - ... [ View ]

PRESS DIGEST - Wall Street Journal - March 9 - ... [ View ]

Washington state launches online sale of liquor stores - ... [ View ]

Tax-News.com: Big Business Presses For US Tax Cut - ... [ View ]

Tax-News.com: Sarkozy Seeks Minimum Tax For CAC 40 Groups - ... [ View ]

Tax-News.com: Swiss Lawmakers Back Bonus Tax - ... [ View ]

Tax-News.com: Hong Kong Reviews Plans For Financial Services - ... [ View ]

Xstrata to acquire Talisman Energy's coking coal asset in Canada - LONDON - Multi-metal mining giant Xstrata has agreed to acquire oil explorer Talisman Energy's hard coking coal asset Sukunka in Canada, for 316 million pounds ($500 million).... [ View ]

Japan's current account reports record deficit - TOKYO - Rising fuel import bill has triggered deficit in Japan's current account for the first time in three years, official figures revealed Thursday.... [ View ]

BoE keeps interest rate kept unchanged for third year - LONDON - The Bank of England Thursday decided to leave the official bank rate unchanged, marking the third year since it was brought down to a record low of 0.5 per cent, and dampened expectations of... [ View ]

Australia's mineral, energy exports hit record $190bn - SYDNEY - Surge in Asian demand, particularly China, led to a 15 per cent jump in mineral and energy exports last year to a record $190 billion in revenue despite a 2 per cent dip in earnings in the fo... [ View ]

Australian unemployment rate rises to 5.2% in February - SYDNEY - In another sign of weakening economy, unemployment rate in Australia increased 0.1 points to 5.2% and a total of 15,400 jobs were shed from the economy in February, according to data released... [ View ]

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