Friday's Top 50 Economics News & Stories
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EconomyBrief
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If China does experience a true credit crisis, it would be felt around the world. With risks of a hard landing rising, William Pesek explores what it would look like
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Submitted by Charles Hugh-Smith of OfTwoMinds blog , The correlation between the Fed's monetary heroin production and the stock market will break down as the market normalizes. In the spirit of calling things what they are , lo...
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North Carolina’s unemployment rate remained unchanged in June at 6.4 percent as the state’s labor market continued to have trouble gaining momentum. Click to Continue »
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Russian oil giant-owned, idle refinery is located near the frontline of eastern Ukraine's separatist insurgency.
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Indirect tax mop up inched up by 4.6 per cent in the April-June quarter of the current fiscal due to decline in custom duty and excise duty collections, reflecting slump in manufacturing activity....
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Sounding more and more like a Wall Street economist, it appears US intelligence has made up its mind that Russian separatists shot down the Malaysian Airlines jet in Ukraine... but are not really sure... As WSJ reports, a U.S. official s...
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(Reuters) - The Asian Development Bank (ADB) has cut its growth forecast for Southeast Asia this year, as the Thai coup, Indonesia's mineral export ban and industrial park riots in Vietnam take a toll. In its 2014 outlook supplement, the...
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WASHINGTON (Reuters) - A gauge of future U.S. economic activity rose in June, supporting views of a stronger growth performance in the second half of the year.
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Analysts at Deutsche Bank predict slowdown in housing growth as strong pound and lower global growth dampens foreign demand for property
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From slur to solution for cheap and easy repairs.
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Indirect tax collections comprising excise, customs and service tax stood at about Rs 1.13 lakh crore in the first quarter of 2014-15 fiscal, as against Rs 1.08 lakh crore in the corresponding period a year ago, a finance ministry offici...
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May the victims of this tragedy caused by human folly, rest in peace...
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This won't help the animal-spirity, growth-is-here, stocks-are-at-all-time-highs-so-that-must-mean-we're-doing-awesome meme that is so often propagandized to the world. UMich consumer confidence for July tumbled to 81.3 (missing expectat...
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NEW YORK (Reuters) - U.S. consumer sentiment dipped in early July while an index of consumer expectations weakened for a third straight month, a survey released on Friday showed.
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Yesterday, we laid out extensively what the official Ukrainian case was when it came to "proof" that Russian separatists had launched the Buk missile which allegedly took down flight MH-17; we also highlighted several glaring inconsisten...
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A Fin24 user says he is being forced to restructure his company to keep it from shutting down as a result of Numsa's wage strike.
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Argentina will sign deals to borrow $7.5bn from China for power rail projects, at a time when the Latin American country cannot tap global capital markets.
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Canadian wholesale sales jumped by an unexpectedly high 2.2% in May from April to a record $52.58 billion, Statistics Canada data indicated on Friday
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Health officials in Gaza said 28 Palestinians were killed since the Israeli ground offensive began late Thursday , and as WaPo reports, Prime Minister Benjamin Netanyahu said Friday that he has ordered Israel's military to prepare fo...
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Earlier, ADB had projected 6 percent growth for India in the financial year. Pinning hopes on improved outlook for the largest economy (India) in South Asia, it said expansion in the sub-region is expected to reach 5.4 percent in 2014 an...
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Four out of ten people in Argentina live in households where children suffer poverty conditions, according to the latest release from the Argentine Catholic University (UCA) Social Debt Barometer.
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By EconMatters The ZIRP Debate The long held debate is what would the US economy being doing without ZIRP by the Federal Reserve, would we be doing worse, about the same, or better? The other deli...
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The conflict in eastern Ukraine is driving the economy even deeper into crisis and could force the government to seek another international bailout.
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Presenting the Budget for 2014-15 earlier this month, Finance Minister Arun Jaitley proposed raising the Foreign Direct Investment (FDI) cap from 26 percent to 49 percent in the insurance sector.
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The Euro is tumbling as Italy slashes economic growth expectations: *BANK OF ITALY SEES ITALY GDP UP 0.2% THIS YR, 1.3% IN 2015 *BANK OF ITALY SEES DOWNSIDE RISKS FOR ITALY GROWTH EST. THIS YR The Bank of Italy expected 0.7% growth for 2...
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MADRID/PARIS (Reuters) - - Germany's finance minister and central bank chief on Friday pressed euro zone governments to pass reforms to shape up their economies rather than rely on the European...
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The rate of inflation edged higher in June — led by food, shelter and transportation costs — but those gains are unlikely to convince the Bank of Canada that inflation is becoming a major concern
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Aviation insurance experts say it 'is going to be a long, politically charged compensation case'.
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China's attempts to "reign in" its credit and housing bubble (to "taper", if you will) and to deleverage its financial sector, so widely trumpeted over a year ago just before its banking system nearly locked up overnight, are rapidly bec...
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China has expanded its trade partnership with Brazil with $7.5bn in financing for Brazilian miner Vale, the purchase of 60 passenger jets and more.
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Statistics Canada reported that the consumer price index rose 0.1 per cent during June versus expectations for a slight decline
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Business sentiment underpinned by continued strong performance in new orders and surge in order backlogs.
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SNP's Alex Salmond has continually promised bumper oil revenues will buoy up an independent Scotland.
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Consumer prices rise 2.4 per cent in June
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Despite a full court press of PR to confirm HFT firms are friends of retail investors and do no wrong; the SEC, it appears, sees it differently. While Mary White has confidently explained the market is not rigged, her agency is now activ...
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Libya has failed to maintain security in the wake of Muammar Qaddafi's ousting in 2011.
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As expected following promises by virtually all carriers yesterday, today there is a literal "air pocket" above Ukraine, as seen in the most recent update of European air traffic via Flightradar24.com . Expect this pattern to remain well...
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Government on Friday blamed the “policy paralysis” and retro tax amendment of the previous UPA regime for the current economic woes and promised to take a series of steps besides the Budgetary pro...
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PARIS (Reuters) - Europe must focus on improving the competitiveness of its economy rather than the exchange rate, German Finance Minister Wolfgang Schaeuble said on Friday, brushing aside French...
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LONDON (Reuters) - Political instability and a worsening economic outlook mean major emerging markets such as Argentina, Brazil and Russia are riskier places to invest, according to a closely watched...
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Ukraine Says Malaysian Airliner Shot Down Near Russian Border ( BBG ) Downing of airliner seen as pivotal moment in Ukraine crisis ( Reuters ) Malaysian Air Flight Took Route Avoided by Qantas, Asiana ( BBG ) Russian-Made Missile Hit Mal...
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By only engaging with Seifsa and Numsa during the metal strike, Labour Minister Mildred Oliphant shows no regard for the interests of SMMEs, says Neasa.
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The new prime minister has promised to tackle Varanasi’s many problems and to turn the downtrodden city into a showcase of culture and small business.
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New York (Reuters) - Lower Manhattan’s economy is set to take-off. New shopping centers, hotels and food courts are opening in the area that looked more like a war zone after the attacks on September...
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Said the step was necessary for boosting domestic industry of a country which imports up to 70 percent of its military hardware.
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For a centrally-planned market that has long since lost the ability to discount the future, and certainly respond appropriately to geopolitical events, yesterday was a rough wake up call with a two punch stunner of not only the MH 17 cra...
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The SA Clothing and Textile Workers' Union has settled a wage dispute in the wool and mohair textiles sub-sector.
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Most Asian shares fell on Friday after a Malaysia Airlines jet carrying 298 people crashed in eastern Ukraine on a flight from Amsterdam to Kuala Lumpur.
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PARIS (Reuters) - The head of the International Monetary Fund warned on Friday that financial markets were "perhaps too upbeat" because high unemployment and high debt in Europe could drag down...
