Monthly Archives: April 2010

GDP Grows by 3.2 Percent, Initial Claims for Unemployment Insurance Remain Elevated

 Gulf Coast oil spill could eclipse Exxon Valdez – An oil spill that threatened to eclipse even the Exxon Valdez disaster spread out of control with a faint sheen washing ashore along the Gulf Coast Thursday night as fishermen rushed … Continue reading

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April 30 2:22 PM

 Threats Of Civil War – Just reported: Greece will not cut public salaries or there wll be civil war. There’s the gauntlet folks.  It means that no "assistance" can actually succeed, because it is not possible to get the fiscal situation … Continue reading

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(BN) Pemex May Need to Invest More Than $25 Billion for Output Gains

A New Page – In the Media – cmartenson – When I was out in San Francisco in January, Janaia Donaldson interviewed me for Peak Moment Television and, with Robyn’s excellent technical abilities, turned out a very nice product.  I’d like … Continue reading

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Why Isn’t Britain In More Trouble?

El-Erian Says Sustainable Solution Needed for Greece (Bloomberg) — Pacific Investment Management Co., the world’s biggest manager of bond funds, won’t buy the debt of Greece until there is a sustainable solution to the nation’s fiscal crisis. Greek leaders must … Continue reading

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Talking about Albert Edwards: Global economy to roll over in six to nine months’ time; bearish for shares – Credit

  Quote Albert Edwards: Global economy to roll over in six to nine months’ time; bearish for shares – Credit SocGen’s Albert Edwards was out with a note today which is in line with my calls for a marked slowing … Continue reading

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Greece Agrees to Austerity Plan

Unemployment: Many Workers exhausting all benefits – From Bloomberg: More Than a Million in U.S. May Lose Jobless Benefits [Lawmakers] are quietly drawing the line at 99 weeks of aid, a mark that hundreds of thousands of Americans have already reached. In … Continue reading

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Help is on the way

 U.S. Fed’s balance sheet dips in latest week (Reuters) – The U.S. Federal Reserve’s balance sheet fell slightly in the latest week, Fed data released on Thursday showed. The Fed’s balance sheet — a broad gauge of its lending to the … Continue reading

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