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| Treasury eyes 4.5% mortgage rate | | Fortune - 72 Minutes ago | | NEW YORK (CNNMoney.com) -- Lobbyists are pushing the Treasury Department to consider a plan to purchase mortgage-backed securities in the hopes of driving mortgage rates to as low as 4.5%, an industry | | | | Add Comment |
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| German car sales plunge as recession kicks in | | The Times - 53 Minutes ago | | The German car industry is poised for its worst year since reunification in 1990 as nervous drivers put off new purchases and companies cut back on their fleets. The recession, now official after two | | | | Add Comment |
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| Brazil Seen Facing Recession | | Institutional Investor - 73 Minutes ago | | Brazil, the presumed bedrock of LatAm?s economy, is in danger of sliding into negative quarter-on-quarter growth, according to analysts. ?Brazil may soon fall in technical recession,? warns Marcelo Carvalho, | | | | Add Comment |
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| Get prepared for recovery of global economy | | TheStar.com.my - 76 Minutes ago | | WHILE monitoring the global economic condition, it is perhaps worthwhile pondering over the medium- to long-term prospects of our national economy in anticipation of an eventual recovery of the global | | | | Add Comment |
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| Donor community needs to assist Pakistan: IMF | | Arab News - 106 Minutes ago | | WASHINGTON: What went wrong with Pakistan's economy that required it to scrape out the much-reviled "begging bowl" and seek direct assistance from the International Monetary Fund? Wasn't Pakistan | | | | Add Comment |
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| UO index finds recession-like conditions | | Biz Journals - 43 Minutes ago | | Compared to six months ago, the UO Index is down 8.0 percent on an annualized basis. The university's College of Arts and Sciences, which produces the index, said indicators pointed to widespread weakness: | | | | Add Comment |
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| Bankrupt G7 Print Money to Reflate Economies | | The Market Oracle - 52 Minutes ago | | As the G7 economies plunge over a cliff, the governments and central banks are taking turns at fire fighting in their respective economies. With each new initiative the Crack-Up Boom creeps closer and | | | | Add Comment |
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| European Banks to Announce Rate Cuts | | VOA News - 73 Minutes ago | | Europe's two leading central banks are expected to cut interest rates Thursday, as nations around the world outline new plans to protect their financial systems from the global economic crisis. European | | | | Add Comment |
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