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6 Sep 2010 | 9:48 am
[Reuters] - The Federal Reserve should not announce a limit on its actions if it resumes purchases of Treasury securities to stimulate the U.S. economy, the former vice chairman of the central bank said.
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6 Sep 2010 | 9:40 am
President Barack Obama will unveil a $50bn infrastructure plan to build roads, railways and airport runways, in an effort to show his administration is tackling the US's chronic unemployment ahead of the November mid-term elections
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6 Sep 2010 | 8:43 am
Global Market Overview: Improving economic data over the past few days encourage a shift into plays on global growth, with stocks and metals prices move higher as currencies remain relatively stable
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6 Sep 2010 | 5:00 am
[at Reuters] - * 2010 IPCA forecasts kept unchanged at 5.07 pct * Brazil s GDP seen growing 7.34 pct in 2010 vs 7.09 pct
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6 Sep 2010 | 3:51 am
Germany’s four big power companies are to pay the Berlin government a total of €30bn to extend the phase-out of the country’s nuclear power stations by up to 12 years
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5 Sep 2010 | 9:40 pm
[at New York Times] - Donald L. Kohn, former vice chairman of the Federal Reserve, said that unless the recovery showed signs of “decent progress,” more stimulus might be needed.
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5 Sep 2010 | 9:33 pm
[at CNBC] - U.S. President Barack Obama next Friday will hold his first White House news conference since late May. As concerns mount over the sluggish pace of the U.S. economic recovery, should Obama announce a second round of stimulus[…]
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5 Sep 2010 | 2:36 pm
[at Financial Times] - The Treasury s plan to slash staff numbers to 1,000 from 1,350 will be one of the largest shake-ups in its recent history - part of George Osborne s attempt to erase what he regards as[…]
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5 Sep 2010 | 2:35 pm
The chancellor will scrap the pre-Budget report this year in a break with Gordon Brown’s era and a signal of a return to more normal economic policymaking
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5 Sep 2010 | 11:49 am
Giulio Tremonti, finance minister, has conceded that the government must take fresh steps to improve the sluggish growth rate as Italy tries to emerge from the financial crisis
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5 Sep 2010 | 11:27 am
The chancellor has denied ’losing his nerve’ in a simmering dispute with bankers over bonuses, insisting he will press ahead with plans to make public the number of employees earning more than £1m a year
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5 Sep 2010 | 11:20 am
Michel Barnier believes the clouds over Europe’s new financial supervisory structures have cleared after EU diplomats and lawmakers agreed to a radical overhaul of the patchy system of financial oversight
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5 Sep 2010 | 11:10 am
To guarantee the solvency of the eurozone’s peripheral countries would require not a few quarters of solid growth, but an entire decade, writes Wolfgang Münchau
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5 Sep 2010 | 10:41 am
President is to ask Congress to expand and make permanent a tax credit for research and development to boost a flagging economic recovery
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5 Sep 2010 | 9:49 am
Prices of Certified Emission Reductions are at a four-month high over concerns that developing nations were deliberately overproducing HFC 23, a potent greenhouse gas
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5 Sep 2010 | 9:20 am
Red meat is costing up to a third more amid concerns that prices will rise further in November
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5 Sep 2010 | 7:59 am
[at Reuters] - * Treasury to sell first shares below break-even-sources * 61 pct Treasury sale could take several years-sources
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4 Sep 2010 | 7:07 pm
[at Reuters] - * Previews big push on economy ahead of November vote * Will travel to Ohio to unveil plans for boosting jobs * White House says proposals not a stimulus package
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4 Sep 2010 | 2:01 am
Contrary to conventional wisdom tougher banking regulations could generate 1.9% of added economic growth, according to the Bank for International Settlements.
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3 Sep 2010 | 4:21 pm
The U.S. added a modest 60,000 jobs last month, excluding Census-related layoffs, the Labor Department reported Friday, signaling the economic recovery has slowed to first gear but isn't stalling. Including the end of 114,000 temporary Census jobs, nonfarm payrolls fell[…]
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3 Sep 2010 | 3:52 pm
[at Reuters] - * Treasury to sell first shares below break-even-sources * 61 pct Treasury sale could take several years-sources * Taxpayer break-even is around $70 bln GM market value
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3 Sep 2010 | 2:54 pm
[CNNMoney.com] - President Obama is pledging to propose a new package of job-boosting ideas next week -- just don t call it stimulus.
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3 Sep 2010 | 12:37 pm
T. Gary Rogers, chairman of the San Francisco Federal Reserve Bank, is busy finding a replacement for Janet Yellen, but he also has another big assignment: Selling his vineyard estate in St. Helena, Calif. which has been listed for $20[…]
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3 Sep 2010 | 12:01 pm
With sentiment turned against the White House and a bitter midterm congressional campaign about to start, political gridlock is in prospect – which could be what the public wants
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3 Sep 2010 | 11:24 am
[AP] - Republican Rep. Roy Blunt campaigns for Senate in a blue RV plastered with the message: The choice is clear. Roy will fight for jobs.
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3 Sep 2010 | 11:12 am
[at Financial Times] - In his memoir, Tony Blair claims that it was his idea to give the Bank of England power over interest rates, that he was never kept out of the economic policy space , and that it[…]
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3 Sep 2010 | 10:25 am
There was a moment in August when economists – who know the perils of a single month's data better than anybody – began to worry seriously about the health of the US recovery.
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3 Sep 2010 | 9:59 am
[CNBC] - New reports are rolling around Wall Street and Washington today that the Obama Administration is considering yet another economic stimulus package; this round would be for small businesses.
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3 Sep 2010 | 9:43 am
There was a slice of good news in today’s jobs report about the state of long-term unemployment in America.
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3 Sep 2010 | 9:00 am
12:00 AM - Friday, Sep 3, 2010
Indonesia:
Will the Weather Force BI's Hand_
Deyi Tan, Chetan Ahya & Shweta Singh |
The dry season has so far seen higher-than-expected rainfall leading to acceleration in food inflation, risking spilling over[…]
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3 Sep 2010 | 8:55 am
[at Reuters] - The Federal Reserve s decision to begin buying Treasuries again was a precautionary step, not the opening salvo in a new policy course, Atlanta Fed President Dennis Lockhart said on Friday.
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3 Sep 2010 | 8:15 am
Economists and others weigh in on the drop in total nonfarm payrolls and rise in the unemployment rate.
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3 Sep 2010 | 8:09 am
[at Fox Business] - Todd Hornbeck beat the Obama Administration once again on Wednesday, and yet he is still losing.
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3 Sep 2010 | 7:36 am
Fears of a double-dip recession in the US were allayed on Friday by data showing that the private sector had created 235,000 jobs in the past three months
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3 Sep 2010 | 7:30 am
[at MarketWatch] - The U.S. economy shed 54,000 nonfarm jobs in August, the Labor Department reported Friday, a much slower decline than economists anticipated as the health care and temporary staffing industries expanded to soften the blow from the layoff[…]
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