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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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VIDEO: Can women plug the engineering skills gap?

Category : World News

Sima Kotecha reports for Newsnight on attempts to change the image of engineering as a dirty, physical job for men and get more women to choose it as a career and help solve the skills shortage in a vital part of the British economy.

Originally posted here: VIDEO: Can women plug the engineering skills gap?

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Google settles French news dispute

Category : Business

Google agrees to set up a fund to help French media to solve a row with news sites that demanded payment for the search giant to display their links.

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Data Storage Start Up Evtron to Debut at DEMO Fall 2012

Category : World News

Co-Founders Travel by Car From St. Louis, Mo.; Start New Journey to Solve Big Data Problem for Enterprises Worldwide

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Troubling tensions cloud United Nations – Globe and Mail

Category : Stocks


Globe and Mail
Troubling tensions cloud United Nations
Globe and Mail
World leaders are heading to New York for the opening of the United Nations General Assembly as angry protests aimed at the West have spread across the Muslim world. On the agenda: Syria's strife and bloodshed and potential strikes on Iran.
Syrian children suffer as Assad clings to powerTimes LIVE
UN Envoy Urges World Body to Intervene to Solve Syria ViolenceBusinessweek
UN envoy sounds regional alarm over Syria warCBS News
Washington Post

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Stocks drop after Draghi disappoints

Category : Business

U.S. stocks opened sharply lower Thursday after European Central Bank president Mario Draghi failed to announce concrete plans to help solve Europe’s debt crisis.

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Stocks drop after Draghi disappoints

Category : Business, Stocks

U.S. stocks opened sharply lower Thursday after European Central Bank president Mario Draghi failed to announce concrete plans to help solve Europe’s debt crisis.

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US treasury secretary backs EU leaders but says more action needed

Category : Business

European leaders ‘committed to doing what’s necessary’ to hold the eurozone together, says Tim Geithner

US treasury secretary Timothy Geithner has called on European leaders to do more to solve the region’s debt crisis, including lowering interest rates for those countries that are undertaking painful reforms.

Interviewed on Bloomberg TV in Los Angeles on Tuesday, Geithner said the eurozone had to take steps including “bringing down interest rates in the countries that are reforming and making sure those banking systems can provide the credit those economies need.”

Geithner was speaking a day after returning from Germany, where he held meetings with German finance minister Wolfgang Schäuble and with European Central Bank president Mario Draghi.

Draghi last week said that the central bank would do whatever it takes to preserve the euro, stirring speculation it might take more radical steps at a policy meeting on Thursday.

Geithner said Schäuble and Draghi had walked him through the plans that they were putting into place to try and solve the crisis.

“What you know, from what Europe has said, that they are committed to doing what’s necessary to hold the Europe Union together,” said Geithner. “I absolutely believe they have the means to do it.”

Geithner said past financial crisis showed that the longer it took to address the issues, the more they cost.

“I believe they understand that. That’s why they’ve signalled they are prepared to move further. Now again, this is going to take time,” he added.

Geithner also said there was more Congress could do to bolster growth in the United States.

“There’s a lot of things Congress can do, in the near term, not just in the long run, to make growth stronger,” he said.

Geithner said Congress should take advantage of record low borrowing costs to adopt measures to support the economy, which he said was growing at between 1 and 2%.

“We pay about 1.5% for a 10-year Treasury now, to borrow long-term now, because fundamentally people have faith in the ability of the US to solve its problems,” Geithner said.

“It’s sensible for us to take advantage of this moment to do things that will make the economy stronger.”

Canadians lack confidence governments can solve issues

Category : World News

As premiers gather for their annual Council of the Federation meeting in Halifax, a new Institute for Research on Public Policy-Nanos Research survey suggests a lack of confidence in the ability of governments to solve pressing issues like health care and balancing budgets.

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Ancient Greek solution for debt crisis

Category : Business

How the Ancient Greeks would solve the financial crisis

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Stupid stock move of the day: Chesapeake up?

Category : Business

Chesapeake Energy is trading higher on speculation that Carl Icahn may take a stake. But even if he does, that doesn’t solve the company’s problems,

Originally posted here: Stupid stock move of the day: Chesapeake up?

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