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10/03/2010 19:42:56 |
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Royal Dutch Shell halts gasoline sales to Iran |
Royal Dutch Shell has stopped selling gasoline to Iran, the company confirmed Wednesday, adding to a list of oil giants that have stopped sales after a threat of future U.S. sanctions. |
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11/03/2010 18:38:27 |
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Dollar mixed after jobs, trade data |
The dollar slipped against the euro and the pound Thursday, but rose against the yen as investors digested mixed U.S. economic news. |
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11/03/2010 18:14:39 |
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Pink Floyd suit: Sell all the bricks in 'The Wall' |
Pink Floyd won a legal battle Thursday against EMI that prevents the band's long-time record label from selling individual songs online. |
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11/03/2010 17:27:14 |
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Oil slips on job worries |
Oil prices fell Thursday, amid higher continuing jobless claims. |
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11/03/2010 17:32:26 |
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Welcome to the United States of Iceland |
It's time to start paying attention to the financial sinkhole that Iceland is trying to climb out of -- the view from inside of it is eerily similar to our own. |
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10/03/2010 14:36:44 |
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Fears of a Greek bank run |
In the middle of the 2001 debt crisis, Argentines stormed their nation's banks to get their money out. To stop the stampede, the government imposed controls that allowed them to take out only $250 at a time and limited withdrawals for overseas trips to $1,000. |
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09/03/2010 22:13:08 |
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China, let's see if you can innovate |
What economic crisis? After a blip last winter, China is growing at more than 8% a year, and the scale and speed at which the country is building a modern infrastructure are mind-boggling. |
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08/03/2010 20:22:18 |
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Is your country the next Greece? |
Just over a year ago a few members of the research team at Hedgeye attended a lecture at Yale Law School by Robert Rubin, the former Secretary of the Treasury under Bill Clinton. During the question and answer session, Rubin was asked about sovereign risk -- the threat that an entire nation effectively walking away from its financial obligations. Mr. Rubin was blunt: he said categorically that he did not expect any major nations to default on its debt. |
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05/03/2010 11:46:41 |
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Why China should let the yuan rise |
The Chinese have rarely given into foreign pressure to revalue its currency higher. But that doesn't mean it won't let the yuan rise later this year. |
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30/03/2007 07:46:25 |
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Check International ETFs here |
Check International ETFs here |
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05/03/2010 15:39:55 |
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Oil-rich nations want a bigger take |
Two of the world's oil-rich countries may make it harder for oil companies to do business with them. |
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04/03/2010 14:38:23 |
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The snag in Greece's salary solution |
Greek prime minister George Papandreou may have made a big mistake. As part of a plan to fix his nation's ruined economy, he announced Wednesday that he aims to cut 30% of civil servants' holiday bonuses which are part of Greece's "14th salary" payment schedule. |
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03/03/2010 17:38:39 |
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Greece outlines plan to cut massive deficit |
Facing firm demands from the European Union and financial markets to cut its deficit, Greece announced cost-cutting measures Wednesday that will save the debt-challenged country €4 billion, $5.44 billion, this year. |
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03/03/2010 16:33:22 |
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This Mazda recall really burns my ... |
Mazda is in the hot seat Wednesday after recalling 12,300 CX-9 crossover SUVs over potentially overheating seats. |
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02/03/2010 17:46:20 |
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Foreign companies buy American |
The British are coming! So are the Germans. And the Japanese. And the Canadians. And the French. |
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02/03/2010 22:31:11 |
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Toyota to let U.S. unit order recalls |
Toyota executives told lawmakers Tuesday that its U.S. and Canadian divisions will have more authority to decide when to issue a recall as the automaker faces mounting pressure from Washington over its recent safety problems. |
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08/03/2010 11:57:51 |
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AIG sells Asia unit to Prudential for $35B |
AIG said Monday that it had reached a definitive agreement to sell its Asian life insurance business to Britain's Prudential PLC in a deal valued at $35.5 billion. |
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01/03/2010 20:09:02 |
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Copper spikes after Chile quake |
Copper prices surged overnight after a massive earthquake struck Chile, the world's largest producer of the metal, over the weekend. |
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01/03/2010 21:33:25 |
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Why Toyota may cause higher interest rates |
China is one of the largest holders of U.S. Treasurys. So some worry that our massive budget deficit, which China has vocally complained about, is the equivalent of biting the hand that feeds us. |
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28/02/2010 23:30:51 |
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Chile quake damage could reach $30 billion |
The massive earthquake that struck Chile this weekend did between $15 billion and $30 billion in damage to the South American nation's economy, according to a risk management assessment firm. |