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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Eurozone economy still in recession

Category : World News

The recession across the 17-nation eurozone has continued into a sixth quarter, official figures show.

Original post: Eurozone economy still in recession

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Five women killed in limo fire on San-Mateo-Hayward Bridge – San Jose Mercury News

Category : Stocks


Houston Chronicle
Five women killed in limo fire on San-Mateo-Hayward Bridge
San Jose Mercury News
FOSTER CITY — Five women died Saturday night when they were trapped inside a limo that had caught fire as they were traveling on the westbound San Mateo-Hayward bridge in Foster City. CHP officer Art Montiel said the women were traveling from
Report: 5 killed when limo catches fire on California bridgeCNN
5 die in limousine fire on California bridge, official saysFox News
Patrol: 5 die in limousine fire on Calif. bridge – Fox 10MyFox Phoenix
WPXI Pittsburgh
all 42 news articles

Damascus military facilities ‘hit by Israel rockets’ – BBC News

Category : Stocks


BBC News
Damascus military facilities 'hit by Israel rockets'
BBC News
Witnesses heard huge explosions near the Jamraya facility, which Western officials have suggested is involved in chemical weapons research. Residents told the BBC that nearby military positions were also hit. Israel has not confirmed the strike, but sources
Israeli warplanes renew strikes on Syria; official says target is Hezbollah-bound Washington Post
Israel carries out second air strike in SyriaThe Guardian
Israel Strikes Syria, Targeting Missiles for Hezbollah – VOAVoice of America
CNN

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Healthy Coffee International, Inc. (HCEI: OTC Pink Current) | Healthy Coffee (R) is Official Coffee Sponsor of Earth Day 2013 Forum at Los Angeles City Hall, Los Angeles, CA

Category : Stocks

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MSC Cruises Selects Most Original Videos

Category : Stocks, World News

View Shortlist and Vote for Best Video on Official MSC Cruises Facebook Pages

Link: MSC Cruises Selects Most Original Videos

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IMF to cut US growth forecast amid downbeat retail and confidence data

Category : Business

International Monetary Fund warns on the effects of budget spending wrangles on a slowing US economy

America’s budget wrangling is holding back recovery in the world’s largest economy, according to a leaked draft of forecasts from the International Monetary Fund that coincided with data showing a dip in consumer confidence and weaker spending in the nation’s shopping malls.

Official figures from Washington showed that retail sales in March dipped by 0.4% in March – worse than Wall Street had been anticipating and the second monthly fall since payroll taxes and income tax rose at the start of 2013.

Chris Williamson, economist at Markit, said: “This weakness is possibly linked to increased payroll and income tax hikes which took effect at the start of the year, and will inevitably add to worries that the US economy is slowing as we move into the spring as automatic budget spending cuts come into force. With this in mind, the Fed will be more cautious about sending signals that it is preparing to ease back on policy stimulus.”

Meanwhile, the monthly snapshot of sentiment conducted by Michigan university showed consumer confidence dropped to its lowest in nine months.

The downbeat news came as the Bloomberg news agency reported that the International Monetary Fund would trim its growth forecast for the US in next week’s half-yearly World Economic Outlook.

Bloomberg said a leaked draft of the WEO showed that growth in the world’s biggest economy would be 1.7% in 2013, down from 2% in January when the IMF last updated its predictions.

The report said automatic cuts as part of the deal between the White House and Congress to tackle America’s budget deficit were the reason for the lower forecast for US growth this year. Action by Tokyo to combat inflation has led to the Fund increasing its estimate of Japanese growth in 2013 from 1.2% to 1.5%, but there has been no change in its forecast of a 0.2% contraction in the eurozone economy. The forecasts may be updated before their official release next Tuesday, but the draft leaked to Bloomberg has the global economy expanding by 3.4% in 2013, down from 3.5% in January.

US retail sales shrink in March

Category : Business

US retail sales fell in March across all sectors, official figures show, suggesting that recent tax rises are starting to affect consumers.

Originally posted here: US retail sales shrink in March

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UK construction output remains weak

Category : Business, World News

The UK’s construction industry remains weak despite signs of a recovery, official figures suggest.

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Slovenia’s prime minister tries to quell eurozone bailout rumours

Category : Business

Bratusek insists government committed to fixing country’s banks, struggling with bad debts as double-dip recession continues

Slovenia’s prime minister has attempted to quash speculation that she will become the next eurozone leader to seek a bailout, after an influential report warned that the country faces the threat of a “severe banking crisis”.

On an official trip to Brussels on Tuesday, Alenka Bratusek insisted that her government was committed to fixing Slovenia’s banks, which are struggling with bad debts as a double-dip recession continues.

Bratusek admitted that Slovenia did not face an easy task, but denied that it would be forced to seek international help.

“The new government is determined to do everything in its power to solve its problems by itself,” she told a press conference, after holding talks with European Commission president José Manuel Barroso. “We are aware that the banking sector is the number one problem in

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Obama ‘offering to cut US pensions’

Category : Business

US President Barack Obama is prepared to offer cuts to Americans’ pensions to strike a deficit deal with Republicans, a White House official says.

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