Interest rates will rise without dollar, oil correction
                   
indiatimes.com     20-May-2008            

In his State of the Union speech in 2006 US President George Bush said America was “addicted to oil’’ that is largely imported from unstable parts of the world. The US has since taken several policy initiatives including higher production of biofuels and moving to lower fuel consuming vehicles... [read full story]                    


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Oil price surge hits Footsie, reversing day's early gains

scotsman.com     38 mins ago   1 related          

Published Date: 22 August 2008 RESURGENT oil prices cast a cloud over the London market yesterday, erasing steady gains racked up earlier in the session. earlier 30-point gain, sending the benchmark FTSE 100 index down 1.6...                    

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Nouriel Roubini: The Perfect Storm of a Global Recession

project-syndicate.org     35 mins ago   1 related          

NEW YORK – The probability is growing that the global economy – not just the United States – will experience a serious recession. Recent developments suggest that all G7 economies are already in recession or close to tipping...                    

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Scots stocks: Reports of 'strong growth potential' help drive up Axis-Shield shares

scotsman.com     38 mins ago          

AXIS-SHIELD, the Dundee medical diagnostics kit maker was boosted by more strong broker coverage yesterday, as Oriel Securities initiated coverage of the company with a "buy" rating and a 355p target price. Analysts said the...                    

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Goldman Sachs Settles with State Regulators and Offers to Repurchase Auction Rate Securities Sold ..

euroinvestor.co.uk     15 mins ago   4 related          

The Goldman Sachs Group, Inc. (NYSE: GS) today announced that Goldman, Sachs & Co. has entered into a settlement in principle with the Office of the Attorney General of the State of New York and the Illinois Securities...                    

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