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Thursday, February 16, 2012 - 2:28pm
American Employment Outlook Improves
The number of Americans applying for unemployment benefits fell to the lowest level seen since 2008. The Labor Department reported on Thursday that applications for unemployment benefits fell 13,000 to a seasonally adjusted figure of 348,000. Today's announcement of a drop in unemployment...
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Wednesday, February 15, 2012 - 9:40am
Japanese Stocks Surge Higher as Yen Weakens
The Japanese stock market closed at a 6 month high on Wednesday, a day after the Bank of Japan made the unexpected announcement that it was increasing its asset purchase and lending program and had set its official inflation goal at 1 percent. The Nikkei 225 index of Japanese stocks climbed 208.27...
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Monday, February 6, 2012 - 9:59am
How to Profit From IMF's China Warning
The International Monetary Fund (IMF) warned on Monday that Chinese economic growth could be cut in half if the financial crisis facing the European Union causes European and American economies to fall into recession. Although the IMF forecast 8.2% growth for China this year, it said that the...
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Tuesday, November 29, 2011 - 7:49am
Solar Dispute Between China and USA Escalates
Chinese solar power companies have launched the latest attack in a dispute with their American competitors over allegedly unfair trade practices. The American solar power companies have complained that Chinese solar power companies are dumping their products on the American market at artificially...
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Friday, November 25, 2011 - 10:28am
China Strikes Back at American Dumping Charges
China has struck back at accusations from the United States that Chinese solar-panel manufacturers are illegally dumping their products on the American market at prices below their manufacturing cost in order to capture the market. The Chinese Ministry of Commerce announced on Friday that it was...
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Wednesday, November 23, 2011 - 11:08am
European Banks Beg Central Bank for Spare Change
The amount of funds that European banks sought from the European Central Bank (ECB) climbed on Tuesday to the highest level since April 2009. The European Central Bank reported that 178 European banks requested 247 billion euros ($333 billion) in one-week loans on Tuesday. The increased demand for...
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Monday, November 21, 2011 - 10:23am
China Tells US to Ease Hi-Tech Export Restrictions at Trade Event Housing a Fake Armani Store
American participants at the U.S.-China Joint Commission on Commerce and Trade meeting in Chengdu, China clashed with their Chinese counterparts as they tried to agree to terms that would improve trade relations between the world's two biggest economies. U.S. Commerce Secretary John Bryson said...
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Friday, September 16, 2011 - 8:45am
How to Profit from Central Banks' Move to Prevent Banking Crisis
The markets have responded favorably after five of the world's most important central banks announced a joint effort to provide the banking sector with additional liquidity. As the talk of a Greek default increases, there has been growing concern that Europe's banks might stop loaning to each...
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Asia Drawing More Americans Seeking Career Opportunities
Wednesday, September 14, 2011 - 11:35amWhile still in relative infancy, I expect this story in USA Today to become an increasingly common situation, especially for younger Americans. After decades of foreigners coming to our shores for work opportunities, we may be at the beginning of a massive sea change. While much more common in...
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Tuesday, August 30, 2011 - 8:45am
How to Profit from South African Political Crisis
Supporters of Julius Malema, the controversial president of the African National Congress Youth League, clashed with police in South Africa ahead of a disciplinary hearing that could have a a major impact on the future of South Africa. Although Malema played a pivotal role in the election of South...
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