Friday, January 14, 2011

Google Alert - finance

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Euro-Zone Inflation Hits 26-Month High
Wall Street Journal
By NICHOLAS WINNING And PAUL HANNON LONDON—The euro zone's annual rate of inflation rose above the European Central Bank's medium-term target for the first time in more than two years in December, driven by fuel, food, alcohol and tobacco prices, ...
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Rise forecast in housing foreclosures, but Phila. area mostly unscathed
Philadelphia Inquirer
By Alan J. Heavens The number, though not unexpected, is still staggering: 1.2 million US homes likely will be repossessed by lenders this year, 20 percent more than in 2010, RealtyTrac of Irvine, Calif., which tracks foreclosures nationwide, ...
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S&P, Moody's Warn On US Credit Rating
Wall Street Journal
By MARK GONGLOFF, MARK BROWN And NATHALIE BOSCHAT With attention focused on sovereign-debt worries in Europe, two major credit-rating firms reminded investors again that the US has debt problems of its own. Investors bought Treasury debt nonetheless, ...
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IMF official says "scepticism" about euro debt remains - Bbg
Reuters
LONDON Jan 14 (Reuters) - The euro zone has not yet convinced investors its debt position is sustainable and further contagion could harm global economic recovery, a senior IMF official was quoted as saying. In an interview with Bloomberg news agency ...
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India's inflation rate accelerates to 8.4 percent
Bloomberg
By ASHOK SHARMA - Fri Jan 14 10:13:38 GMT 2011 By AP NEW DELHI (AP) — India's inflation rate jumped in December as fruit and vegetable prices climbed, adding to pressure for the central bank to continue raising interest rates. ...
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Marchionne Faces Final Turin Test as Workers Clash on Rights
Bloomberg
By Tommaso Ebhardt - Fri Jan 14 09:14:41 GMT 2011 Fiat Chief Executive Officer Sergio Marchionne attending the North American International Auto Show (NAIAS) in Detroit. Photographer: Andrew Harrer/Bloomberg Jan. 14 (Bloomberg) -- Bloomberg's Olivia ...
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Marathon Oil Credit-Default Swaps Surge on Risk Tied to Spinoff Proposal
Bloomberg
By Mary Childs - Thu Jan 13 19:15:49 GMT 2011 The cost to protect Marathon Oil Corp.'s debt surged as the largest refiner in the US Midwest prepares to spin off its fuel-making business, creating two independent energy companies. ...
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Political Economy
Washington Post
As President Obama heads into talks with his Chinese counterpart next week, nearly half of Americans say China is the world's leading economic power, while 31 percent picked the United States, according to a survey released this week. ...
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