Archive for November 22nd, 2009

Clues from Gold about the US Dollar
International Business Times
Investors may note that and speculate that it is a move to diversify away from US Dollars. 4) Speculation moves price. The gold has been in a bullish mode

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Telegraph.co.uk
Cadbury to reject Hershey takeover
Irish Independent
This is thought to comprise of 10 billion US dollars (£6 billion) in cash, 2 billion dollars (£1.2 billion) in new Hershey shares and between 3 billion
New £10.2bn bid for Cadburyexpressandstar.com
Hershey 'considering bid for Cadbury'ITN
Hershey ups Kraft bid for CadburyThe Press Association

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Supply, Demand and the US Dollar
Seeking Alpha (blog)
When the dollar falls the money that they make selling their products in foreign currencies, when repatriated back into US dollars, comes in at a much

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California hit by budget deficit, no quick solution in sight
Xinhua
California's budget deficit will reach 20.7 billion US dollars over the next 18 months, according to report from the State Legislative Analyst's Office.

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California hit by budget deficit, no quick solution in sight
Xinhua
California's budget deficit will reach 20.7 billion US dollars over the next 18 months, according to report from the State Legislative Analyst's Office.

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Options point to steady shekel
Globes
Options trading is pointing to a slightly lower shekel-dollar exchange rate, which is dropping 0.02% to NIS 3.8104/$, and to a 0.23% drop in the shekel-euro
Shekel's 'Fair' Value Is 21% Higher, Merrill SaysBloomberg

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Push for stronger Chinese yuan does no good now
Xinhua
The US deficit hit a record 1.42 trillion US dollars in the2009 fiscal year. Coincidentally across the Atlantic Ocean, a business commentator from British

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Chinese college students enthusiastic about joining the army
Xinhua
Families of the urban students could get 150 yuan (about 22 US dollars) per month while those of rural students could get a yearly 4000 yuan (about 588 US

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2nd LD Writethru: US Senate votes to move health care reform bill forward
istockAnalyst.com (press release)
a Democrat, said that the bill was estimated to cost 849 billion US dollars over 10 years but it can reduce the federal deficit by 127 billion dollars

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DAWN.com
'Economy growing well, forex reserves touch high level'
Daily Times
ISLAMABAD: Pakistan's overall economy is growing well as the economic indicators are moving ahead positively, State Bank of Pakistan (SBP) Governor Salim
Marked improvement in forex reserves: SBPGeo TV
Forex reserves touch 5 month high level: SBPGeo TV

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