Economy

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- New York Merchants Embrace Euro
  Posted by Jeff from Washington Post
  With the dollar near its lowest rate ever against the euro and the numbers of international tourists in New York at all-time highs, some store owners figure accepting the euro offers a convenience to customers and sometimes generates a stockpile of a strong currency for themselves.
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- Creative Weblogging - an error has occured
  Posted by SoxFirst
  Why is it that certain methods like pay for performance fail to catch on in all countries? Why is that cross-border mergers, like the DaimlerChrysler "marriage of equals" , fall in a screaming heap? The global economy is challenging claims of business schools that there is only one way to manage.
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- Inteligentaindiĝena Indigenismo Novaĵoservo: AFP.com | Shell profits hit record 31 billion dollars
  Posted by theangryindian from Angryindian.blogspot
  LONDON (AFP) - Anglo-Dutch oil giant Royal Dutch Shell said on Thursday that net profits leapt 23 percent last year to a record 31.331 billion dollars (21.115 billion euros), energised by soaring crude prices.
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- The market talks to the Fed
  Posted by SoxFirst
  The Fed's one-two punch, cutting rates by half a percentage point, will not do the trick. The aim of the Fed is make it easier for business with better credit and cheaper money. But it’s not going to work., the US is heading into recession.
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- Countrywide says foreclosures hit record
  Posted by Jeff from Reuters
  Countrywide Financial Corp (CFC.N: Quote, Profile, Research), the largest U.S. mortgage lender, said on Wednesday that foreclosures and late payments rose in December to the highest on record, though it made more loans than expected in the fourth quarter.
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- End of the boomers? Bring on the leeches
  Posted by SoxFirst
  Here's a warning for the boomers. The 2007 Financial Report of the US Government has found that the ageing baby boomer generation and rising health costs are going to drag down the US economy. And debt is simply unsustainable!
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- Congress, candidates call credit card companies on the carpet
  Posted by VincebusEruptum from Scholarsandrogues
  Just in time for the holiday season, the 110th Congress has renewed its push for credit card companies and lenders to clean up their act. Michigan Democrat Carl Levin, who sits on the Senate’s Homeland Security and Gov’t Affairs Committee, is chairing a hearing today on unfair credit card interest rate hikes, featuring three financial industry bigwigs against three undoubtedly angry consumers...
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Damianmann comments on:
Top Government Official Says US on Verge of Economic Disaster

I try to focus on the “happy” stories

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2:58 pm 10/29/06

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Jeff
Member since Jul 2008
Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.
Seattle
SoxFirst
Member since Jul 2008
Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.
Melbourne
tommyg
Member since Jul 2008
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marcuscrockett2
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VincebusEruptum
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Economy

Damianmann comments on: