Friday, June 12, 2009

More economic issues

OIL $73...

PREDICTION: $250...

IRS Weighs Tax on Work-Cellphone Use...
Feds Order Banks to Freeze Millions in 'LEGAL' Online Poker Winnings...

Russia May Swap Some U.S. Treasuries for IMF Debt : -- Russia may switch some of its reserves from U.S. Treasuries to International Monetary Fund bonds, the central bank said today. The comment drove Treasuries and the dollar lower.

The next great crisis: America's debt: At this rate, your share of the load will be $155,000 in a decade. How chronic deficits are putting the country on a path to fiscal collapse.

Unemployment at 10% to Depress Consumer Spending, Survey Shows: Surging unemployment in the U.S. will delay a recovery in consumer spending and mute the rebound when it does materialize, according to a Bloomberg News survey.

Median home prices drop below 1989 levels : Properties in several areas are selling for less than they did 20 years ago, and that's not including inflation. Some first-time buyers are nabbing houses for less than what their parents paid.

S Africa Gold Production 'To Continue To Drop'

Foreclosures Down Slightly, But No Stabilization

Another Massive Vegas Casino Goes Bust

Obama Retreats On Capping Excessive Executive Pay

What Really Happened In The Financial Crisis?

Emails Show Fed Pressure On BoA In Merrill deal

Jobs At Risk In UK Healthcare £15B Shortfall

40,000 Graduates Will Join UK Jobless Ranks

China Exports Fall More Sharply In May

US Household Wealth Down By $1.3 Trillion

US Retail Sales Up On Auto Deals, Cost Of Gas

Brazil Cuts Rates To Record Low

Ukraine To Inject $1.26B In Bank Bailout

ECB Fears Bank Crisis In 2010

Latvia Cuts Spending To Secure Bailout

Russia, Brazil To Buy $20 Billion IMF Bonds

Nikkei breaches 10,000-mark on Japan GDP

Is West's Love For Oil Receding For Good?

Bernanke...Rothschild Cartel Agent, Disloyal To America - Vid

Out Of The Ashes Of GM - The Phoenix Of Renewable Energy

Obama Tells US Business To Drop Dead

Oil Price Creeps Back Towards $100 A Barrel

Global Energy Market Center Has Changed

Emerging Nations Oil Demand Now Largest Share

It Is In Beijing's Interests To Help Geithner

Crisis Speeds BRIC Rise To Power

Russia Puts Its WTO Entry In Doubt

China - US Should Start Issuing Bonds In Yuan

US Banks To Repay $68B Under Tarp

Geithner Hints At US Regulatory Reforms (sure)

Boston Globe Imposes 23% Pay Cut

Lord Rothschild Dumps Sons Hedge Fund

BoE - Banks Threaten Recovery By Not Lending

Britain Isolated As EU Tightens Grip On City

Court OKs Chrysler Dropping 789 Dealerships

Fed Hires Enron Flack To Block Scrutiny


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