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...
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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...
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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...
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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...
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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...
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February jobs gains seen strong, keeping Fed at bay -
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Greece averts immediate default with bond success -
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Wall Street workforce up in 2011, despite layoff fears: report -
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GM, Fiat talked briefly about European tieup-paper -
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PRESS DIGEST - Wall Street Journal - March 9 -
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Washington state launches online sale of liquor stores -
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Tax-News.com: Big Business Presses For US Tax Cut -
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Tax-News.com: Sarkozy Seeks Minimum Tax For CAC 40 Groups -
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Tax-News.com: Swiss Lawmakers Back Bonus Tax -
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Tax-News.com: Hong Kong Reviews Plans For Financial Services -
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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)....
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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....
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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...
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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...
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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...
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