Tuesday, May 19, 2009

More economic issues

NEVADA GOV. LASHES OUT AT OBAMA'S 'RECKLESS COMMENTS'...

'STOOD FOR CHANGE, BUT ALL HE'S DONE IS BROUGHT NEGATIVE ECONOMIC CHANGE'...

Blue collar males lose more ground; unemployment rate surges past national average...
Brazil and China eye plan to axe dollar; Nations move to use own currencies for trade...

Economy limiting services of local police...

Hotel crime rises in recession...

China's yuan 'set to usurp US dollar' as world's reserve currency: The Chinese yuan is preparing to overtake the US dollar as the world's reserve currency, economist Nouriel Roubini has warned.

In case you missed it: US Backing for World Currency Stuns Markets: US Treasury Secretary Tim Geithner shocked global markets by revealing that Washington is "quite open" to Chinese proposals for the gradual development of a global reserve currency run by the International Monetary Fund.

Asia will author its own destruction if it triggers a crisis over US bonds: Japan beware, crashes have a habit of bringing regime change

US prices fall most since 1955: Prices in the US fell in the year to April at the fastest annual rate since 1955, labour department figures showed on Friday, as declining energy prices pulled back the cost of living.

General Motors follows Chrysler's route and shuts dealerships: GM is to close about 2,300 dealerships from its 6,000-strong US network as part of last-ditch plans to avoid bankruptcy.

100,000 Jobs At Risk: Industry crisis sees US car dealerships cut loose and left with nothing to sell: The shrinkage of General Motors and Chrysler's dealer networks is putting more than 100,000 jobs in doubt at car yards in towns and cities across America

Asia Will Suicide If It Creates US Bond Crisis

US Poised For Finance Regulation Shake Up

Investors - Bull Market Has No Legs

Indian Stocks Halted After Singh's Victory

Lloyds Shareholders Profit From £4B Fundraiser

Rise In Use Of Drug Tests Fire Employees

US Backing For World Currency Stuns Markets

Get Rid Of The Fed - Purge The System

GM To Shut Over A Third Of All Dealerships

GM, Chrysler Dealership Cull To Cost 100,000 Jobs




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