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Portuguese Government’s Economic Record Blamed For Election Defeat
Jun. 6 | Portugal’s Socialist party have become the latest European government to be toppled at a general election as a result of the economic hardship seen around the world. After the Irish election earlier this year, and the British government last May,...
Indian Catholic Church Expresses Opposition To Further Mining
Jun. 4 | The social arm of the Catholic Church in India has expressed its concerns that the level of mining taking place in Goa may be a threat to the ecologically-vulnerable Western Ghats area, and that the government’s policy of mining, deforestation and...
Investors Focus on Jobs
May. 31 | Jobs and the economy are considered as the focus of this week, whatever the investors might think about this. Many investors now look at the economic reports and the release of the government’s monthly report about jobs on Friday. According to CNNMoney’s...
Loan Shack Now Licensed To Lend In 17 States
May. 27 | The payday loan company Loan Shack has added California to the list of states in which it is licensed to lend, bringing the total number to seventeen as of this month. As part of the company policy, Loan Shack is picking up licences on a state-by-state...
“Sell in May” Stocks Likely to Persist
May. 23 | “Sell in May, then go away” seems to be realized this year, as taken from Wall Street’s old adage, evident in the slump that the stock market experiences that is likely to continue until the end of May. The S&P 500, the Dow and the Nasdaq have...
IMF Under Pressure To Select New Head
May. 19 | As shocking as the story of Dominique Strauss-Kahn’s arrest for attempted rape has been, the fallout from the incident looks as though it could go beyond his own situation. Today, from a prison cell on remand in New York, Strauss-Kahn stepped down...
Eurozone Financial Growth Increases In First Quarter Of 2011
May. 13 | The Eurozone – the collective term for the seventeen countries which use the Euro as their standard currency – has seen a speeding up of financial growth in the first quarter of the year. From figures in the final quarter of 2010 that showed 0.3%...
New Forex Broker Offering Zero Spreads For Two Weeks
May. 8 | Forex traders who are not tied to one broker will be interested to hear of the emergence of Pure Trade, the latest broker on the block. As an opening statement, Pure Trade will enter the market by offering traders zero spreads on foreign currency markets...
Big Oil Protects Tax Rates
May. 5 | The oil industry launches another fight on Tuesday for the tax breaks that have been favorable to energy producers. The lobbyist for the industry, Jack Gerard, American Petroleum Institute’s chief executive and president, said that by lifting off the...
