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August 08, 2008 |
Biggest dollar rally in eight years
Financial Times
US stocks soared on Friday as the dollar saw its biggest one-day jump against the euro in eight years and oil prices plunged. |
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August 06, 2008 |
The dollar on the comeback trail
CNNMoney
The Federal Reserve sent a strong signal to the markets on Tuesday that it would not be raising rates anytime soon, and you'd think that would spell disaster for the dollar. |
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August 04, 2008 |
Administration defies Congress over Mexican trucking
Miscellaneous
The two-year extension of the cross-border trucking program with Mexico didn’t necessarily come as a big surprise and has done little to dampen the efforts of opponents of the program. |
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August 04, 2008 |
Project to rebuild Internet gets $12 million in seed money
Washington Times
A massive project to redesign and rebuild the Internet from scratch is inching along with $12 million in government funding and donations of network capacity by two major research organizations. |
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July 29, 2008 |
U.S. oil fields given to Russia by State Department
Worldnet Daily
Even if Congress follows President Bush's lead in opening off-shore oil exploration, there exist over 125,000 square miles of sea bottom that won't be explored, because the State Department – amid controversy and against the will of Alaskans – has surrendered the land to Russia. |
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July 28, 2008 |
Biofuels major driver of food price rise: World Bank
Reuters
Large increases in biofuels production in the United States and Europe are the main reason behind the steep rise in global food prices, a top World Bank economist said in research published on Monday. |
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July 28, 2008 |
WTO global trade pact derailed
CNNMoney
Trade officials said Tuesday that a high-level summit to salvage a global trade pact collapsed, after the United States, China and India failed to compromise on when poor countries could raise import tariffs on farm products. |
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July 22, 2008 |
Darling Says Global Credit Crunch `More Profound' Than Expected
Bloomberg
Chancellor of the Exchequer Alistair Darling said fallout from a global credit crunch is proving worse than previously expected, a sign that U.K. policy makers are bracing for slower growth. |
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July 22, 2008 |
GM, Ford `On the Verge of Bankruptcy,' Altman Says
Bloomberg
General Motors Corp. and Ford Motor Co., the two biggest U.S. automakers, have about a 46 percent chance of default within five years, according to Edward Altman, a finance professor at New York University's Stern School of Business. |
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July 22, 2008 |
Like Fed: Bank of England power grab unvelied
Bloomberg
Bank of England Governor Mervyn King said he wanted the central bank to have more authority in decisions on when to rescue a troubled lender, in legislation proposed to fix Britain's financial stability rules. |
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