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Daily Archives: November 6, 2008

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Oil Back To $100

It is fairly easy to imagine oil trading at $65 for a long time or even moving lower. What is not easy to imagine is why oil would rise 100%. ...
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Uncle_sam

Obama, Broke Now, And More Broke Every Day: Credit Default Swaps On US Debt

There is not a man with a typewriter who can avoid writing about how much debt the US government has and how much more it will have to take on. ...
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Newspaper

Media Digest 11/6/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Europe prepared rate cuts as the economy their worsened.Reuters reports that the administration cleared the way for the car companies to get access to $25 billion in ...
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Jap

Asia Markets And Europe Open 11/6/2008

Markets in Asia fell sharply. The Nikkei dropped 6.5% to 8,899. Toyota (TM) fell on poor earnings.The Hang Seng dropped 7.1% to 13,896. Cathay Pacific fell almost 16% on poor ...
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