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Posts related to ‘Politics’

Another Reason People Hate Lobbyists: The Alliance for American Manufacturing

Posted: May 25, 2012 at 1:25 pm

One of the most loud-mouthed lobbyists in Washington is Scott Paul who is the Executive Director of the Alliance for American Manufacturing. He is willing to speak out on any ...
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Talks on Iran Sanctions, Nuclear Development Not Yet Productive

Posted: May 24, 2012 at 9:25 am

Negotiations in Baghdad between Iran and the P5+1 nations -- the US, the UK, France, China, Russia, and Germany -- over the continued development of Iran’s nuclear program and the ...
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The CBO’s “Perfect Storm” Recession Looks Like EU Austerity

Posted: May 23, 2012 at 6:33 am

The Congressional Budget Office reports that the U.S. economy could nosedive in the first half of 2013 -- unless Congress and the White House keep taxes low and do not cut ...
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Nuclear Agency Deal with Iran Cuts Crude Price

Posted: May 22, 2012 at 7:26 am

The International Atomic Energy Agency (IAEA) and the government of Iran have agreed to a new inspection plan that gives the IAEA access to previously closed Iranian nuclear development facilities. ...
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Possible Sale for Strategic Oil Reserves on G8 Agenda

Posted: May 18, 2012 at 2:22 pm

At this weekend’s meeting of the leaders of the G8 countries (the US, the UK,Germany, Japan, Canada, Italy, France, and Russia) at Camp David, President Obama is expected to raise ...
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St. Louis Fed President Bullard Wants to Keep Genie of Inflation in the Bottle

Posted: May 16, 2012 at 1:58 pm

In a presentation today, St. Louis Federal Reserve Bank President James Bullard that further monetary actions by the Fed’s FOMC had been placed on “pause” as a result of the ...
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Papua New Guinea LNG Project Threatened

Posted: May 15, 2012 at 6:32 am

Canada-based exploration & production company InterOil Corp. (NYSE: IOC) said yesterday that it believes the government of Papua New Guinea (PNG) is preparing to cancel the agreement under which the ...
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Dallas Fed President Repeats Call for Smaller Banks (JPM)

Posted: May 11, 2012 at 11:03 am

At a speech to a group of Texas bankers, Dallas Federal Reserve President Richard Fisher was asked to comment on the news of the $2 billion trading loss reported by ...
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One Fed President is Worried About Inflation

Posted: May 10, 2012 at 2:14 pm

In a speech today to the Economic Club of Minnesota, Minneapolis Federal Reserve Bank President Naryana Kocherlakota reviewed the Fed’s new transparency policies (he supports them) and then reviewed the ...
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EU Threatens to Withhold Payment to Greece

Posted: May 9, 2012 at 12:58 pm

Some Eurozone officials are reported to be considering delaying tomorrow’s scheduled €5.2 billion payment to Greece that is part of the €130 billion bailout package sealed by the EU, the ...
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Post Office Unveils Plan to Cut Costs, Retain Rural Stations

Posted: May 9, 2012 at 12:16 pm

Faced with considerable consumer and political pressure to review its plan to close hundreds of the country’s smallest post offices, the US Postal Service announced today that it would propose ...
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First Solar Sinks to Another New Low (FSLR, SPWR, YGE)

Posted: May 8, 2012 at 2:46 pm

Shares of First Solar Inc. (NASDAQ: FSLR) just can’t seem to find a bottom. The only thing to say about this is that maybe today’s the day. Yet the company’s ...
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IMF Chief Calls Austerity v. Stimulus “False Debate”

Posted: May 7, 2012 at 1:33 pm

The managing director of the International Monetary Fund, Christine Lagarde, in a speech today said that the two prevailing views of how to repair the faltering global economy is neither ...
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Treasury Sale of AIG Shares Hammers Share Price (AIG)

Posted: May 7, 2012 at 10:22 am

At one time US taxpayers owned more than 90% of American International Group Inc. (NYSE: AIG). Today taxpayers own about 63% of the insurance giant, following AIG’s purchase of about ...
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Top Ten Job Cutters for April (FSLR, PPG, YHOO, DOW, KMB)

Posted: May 3, 2012 at 11:42 am

Outplacement firm Challenger, Gray & Christmas reported this morning that employers planned 40,559 layoffs in April, up 7.1% from the 37,880 job cuts in March. In April 2011 36,490 job ...
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