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The warning came as the latest evidence on the supply of credit to the British economy showed little sign of radical improvements. The Bank of England's Trends In Lending Report confirmed that British consumers were still...
Oil revenues of Yemen decreased until end of the third quarter of 2009 to $1.2 billion compared to $3.8 billion in same period of last year, according to a report of Central Bank of Yemen(CBY), Reuters reported. The report...
Storm of criticism said to buoy Geithner SECRETARY PUSHES BACK Even ex-Bush aides sympathetic, sources say Treasury Secretary Timothy F. Geithner is apparently unbothered by tense exchanges this week with lawmakers, according...
Posted on: Friday, 20 November 2009, 15:30 CST ROCHESTER, N.Y., Nov. 20 /PRNewswire-FirstCall/ -- (the "Patent"), that was awarded to the Company by the European Patent Office, has been deemed invalid in Austria due to "added...
It's an issue that libertarian Rep. Ron Paul, R-Texas, and Sen. Bernie Sanders (I-Vt.) , a self-proclaimed socialist agree on: Congress should have the authority to call for the Federal Reserve to be audited. But it is also...
A bubble in the Dollar was created in 1971 when the Government ended the gold standard. At that time, the Dollar lost its intrinsic value and has been in a bear market ever since. As a result, the Dollar's purchasing power has...
Gold is higher than ever before and is still climbing. Many investors are waiting for a fall in the gold price, because they are looking at the past market shape, that has not factored in the major sea-change in the shape of...
WASHINGTON: Banks that are considered too large to fail should be dismantled rather than “coddled”, Dallas Federal Reserve Bank president Richard Fisher said on Thursday. Large-scale government bailouts of institutions like...
THE global financial crisis has shattered conventional wisdom about global governance. Governor Meryvn King’s dictum that we have global banking in life, but national in death characterises large complex financial institutions...
Five years ago this week, an obscure little ETF called StreetTracks Gold Shares was born. As the first American ETF enabling stock traders to gain direct price exposure to a physical commodity, GLD was truly revolutionary.
