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Benzinga's Political Roundup June 22, 2011
Wednesday, June 22, 2011 - 11:58am
G-20 farm ministers may dub this “the century of hunger” unless they can agree to new rules on food supply. Bank of England policymakers discussed a second round of quantitative easing, as they believe Britain's economic outlook is getting worse. Greek Prime Minister George Papandreou won a...
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Tuesday, June 14, 2011 - 1:41pm
Sarkozy Thinks Commodity Regulation Will Solve Price Problems
French President Nicolas Sarkozy spoke on Tuesday at the European Union's headquarters in Brussels. In his speech, he called for tighter controls on derivatives trading in commodity markets. Sarkozy remarked that the world had worked hard to restore economic growth after the global financial...
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Thursday, June 9, 2011 - 1:14pm
A Currency Forex Traders Might be Ignoring
East Asia has been a hotbed for economic growth in the last few decades. Investors have been lured by prospects of investing in Korea, China, and India. Certainly, the economic growth in these countries has been remarkable, and potentially profitable. However, there may be one country the...
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G20 Agrees to Trade Monitoring, Gradual Currency Moves
Friday, November 12, 2010 - 11:27am
The Group of 20 leaders, meeting in Seoul, South Korea, said that nations would monitor and fix large trade imbalances as they're identified and allow gradual currency moves. "Uneven growth and widening imbalances are fueling the temptation to diverge from global solutions into uncoordinated...
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Readout of Meeting Between U.S. Secretary of the Treasury Tim Geithner and European Commissioner Michael Barnier
Friday, October 29, 2010 - 3:14pmU.S. Treasury Secretary Tim Geithner and European Commissioner Michel Barnier met today and reaffirmed their strong determination to continue cooperating closely in strengthening the global financial system and in promoting and putting in place the G-20 financial reform agenda. They reiterated the...
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Playing The G20 (UUP, GLD)
Friday, October 22, 2010 - 12:04pm
The G20 is this weekend, and traders are anxious to see what comes out of it, regarding the potential currency war that is going on right now. Tim Geithner sent a letter before the start of the G20 requesting that they "commit refrain from exchange rate policies designed to achieve competitive...
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G20 Meeting Does Little to Support Dollar (FXE, FXY, FXB)
Monday, June 28, 2010 - 9:22amFollowing the G20 meeting in Toronto, Canada this past weekend, the dollar was lower against most major currencies on Monday. Despite assurances by global leaders that necessary budget cuts will be enacted, many investors remain skeptical of recovery and growth in the near-term. Participating...
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US Is Focused On Keeping Recovery On Track
Sunday, June 27, 2010 - 2:35amThe US economy seems to have recovered from the brink of a collapse. Treasury secretary Timothy Geithner shared his views on the US economy at the G20 conference. Geithner believes that all of the countries in the G20 need to work together to ensure that the economy does not fall into another...
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