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How cotton is making the East fluffier
A case study of how United States Federal Reserve chairman Ben Bernanke is presiding over the decline of the West may be found in an unsexy business: Cotton.
4 votes
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Eurozone clarifies its obligations
Three weeks ago this column insisted that Angela Merkel, the German Chancellor, was right in wanting the creditors of the PIGSs to share the cost of a possible sovereign debt rearrangement.
4 votes
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China expected to raise rates to fight inflation
More monetary tightening measures may be on the cards in China after consumer prices rose last month at their fastest pace in two years.
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Precious metals ETFs at head of the class
Stars among Canadian-listed exchange-traded funds (ETFs) this year.
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Pound Will Gain Against Dollar, Euro, Yen in 2011, Nomura Sa
Investors should bet the pound will rise against the dollar, euro and yen in 2011, according to Nomura Holdings Inc.
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Rising unemployment among less-educated U.S. men part of lon
While the Great Recession has raised the unemployment rates for virtually all Americans, it has served to heighten what has already existed as a long-term trend: the declining employment levels of American men, particularly those who are less edu
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Australian dollar slips ahead of RBNZ review
The dollar declined amid pessimism Ireland will be able to implement its tough budget stripping 15 billion euros of government spending over the next four years.
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Australian dollar opens lower on profit taking
The Australian dollar was over half a US cent lower this morning after currency traders took profits after the local unit reached its overnight highs.
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U.S. Yields Jump, Dollar Advances: Game Changer?
When I wrote in my first post of the day that I expected the euro, which was bid in Europe and appeared moving toward $1.3400, to come off to $1.3300, possibly $1.3250 in North America, and maybe continue into tomorrow, several readers dismissed
27 votes
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Some European nations should go bankrupt: Rogers
As Ireland’s parliament proposes a draconian new budget to cope with its huge budget deficit and Greece asks the IMF to allow it more time to pay back its massive bailout package, at least one voice on this side of the Atlantic believes some EU c
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US tax cuts see dollar fall from peak
The New Zealand dollar pushed close to a two-week high against the greenback, before sliding amid concerns about tax developments in the United States.
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Crude ends down on dollar, tax deal doubts
U.S. crude oil futures ended lower on Tuesday for the first time in five session as the dollar rose, curbing risk trades, and doubts emerged on whether the reported tax-cut extension deal between Democrats andRepublicans would push through.


