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Jan 6, 12 •
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Market Commentaries •
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Comments Off on IMF Chief Predicts Euro To Survive
International Monetary Fund Managing Director Christine Lagarde said on Friday at a gathering in Pretoria South Africa that she didn’t think 2012 would be “the end of the euro currency” despite the debt crisis in the euro zone. However, Ms....
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Jan 5, 12 •
5603 Views •
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Comments Off on A Tale Of Two Austerity Cities, Athens And Dublin
They are not too dissimilar in economic terms, Ireland is ranked as 48th on a global scale and Greece is ranked as 37th. The GDP per capita of Greeks is $27,875 (nominal, 2011 est.) and the GDP per capita of the Irish is $37,700 (estimate 2009-2010). There is...
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Jan 5, 12 •
11248 Views •
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The impact of austerity measures is hitting hard in Ireland. Arguably the first major developed economy to suffer at the hands of the ‘Austerical’ technocratic impositions of the EU and IMF the country is now teetering on the edge of a...
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Jan 4, 12 •
3957 Views •
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Comments Off on The Ballad Of Jed Clampett – The USA Era Of 'Oil Innocence' Is Over
The Ballad Of Jed Clampett “Come and listen to a story about a man named Jed A poor mountaineer, barely kept his family fed, Then one day he was shootin’ at some food, And up through the ground came a bubblin’ crude. Oil that is. Black gold....
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Jan 4, 12 •
4294 Views •
Market Commentaries •
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Comments Off on The Initial New Year Rally Appears To Have Faded
Despite the Nikkei index closing up the Hang Seng and CSI closed down in the overnight early morning session. European markets have followed suit, the majority of main bourses indices are down in the morning session. Reality and sobriety could be hitting the...
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Jan 3, 12 •
1743 Views •
Market Commentaries •
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5 Comments
When the largest hedge fund operators speak its essential that we pay attention, there are two in particular that investors and speculators should bookmark and/or sign up to Google alerts for to ensure you’re constantly on message with their...
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Jan 3, 12 •
4197 Views •
Market Commentaries •
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1 Comment
As rain and gales batter parts of the UK this morning some unwelcome financial news also crashed ashore; the UK manufacturing sector posted its worst quarterly performance since the recession officially ended. PMI data published by Markit reveals that UK...
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Jan 2, 12 •
10535 Views •
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6 Comments
“Happy Birthday” is a 1981 single written, produced, and performed by Stevie Wonder for the Motown label. Stevie Wonder, a social activist, was one of the main figures in the campaign to have the birthday of Martin Luther King, Jr. become a...
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Jan 2, 12 •
8059 Views •
Market Commentaries •
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1 Comment
European equities have risen during the first trading day of the year, following the Stoxx Europe 600 Index’s first annual loss since 2008, as gauges of carmakers and chemical producers advanced. Asian shares in the markets that were open overnight/early...
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Dec 30, 11 •
9994 Views •
Market Commentaries •
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3 Comments
The euro weakened for a sixth day in series versus the yen in the morning session, heading for its second annual drop whilst European stocks shed their advances amid the mounting concerns that the severe austerity measures, imposed by the technocrats in order...