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Breaking News Fri, 3 Sep 2010
One US Dollar - Currency
(photo: WN / Rubielyn Bunag)
Dollar falls vs euro, higher-yielding currencies
The Guardian
* Risk appetite increases; yen, Swiss franc under pressure * U.S. payrolls fall less than expected in August * U.S. service sector activity growth slows in August (Updates prices, adds quotes, details, changes byline) By Aleksandra Michalska NEW YORK, Sept 3 (Reuters) - The U.S. dollar fell against ...
File:Shimon Peres .jpg
(photo: Creative Commons / Ichwan Palongengi)
Experts see trouble ahead for developed world
Breitbart
| Israeli President Shimon Peres, center, arrives for the "Intelligence on... | CERNOBBIO, Italy (AP) - Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered...
Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Thursday, Dec. 3, 2009, before the Senate Banking Committee hearing on his renomination.
(photo: AP / Jose Luis Magana)
Bernanke Says He Failed to See Financial Flaws
Herald Tribune
| WASHINGTON — Ben S. Bernanke, who told Congress in 2007 that the subprime mortgage crisis was “likely to be contained,” said Thursday that he had failed to recognize flaws in the financial system that amplified the housing downturn and led to an economic disaster. AC = 1234 | ...
Indian stocks advance beyond expectations
Gulf News
| Mumbai: Most Indian stocks climbed amid expectations local companies will benefit from strengthening economic growth. | Sterlite Industries (India) Ltd, the nation's biggest copper and zinc producer, gained for the third day as ore prices advanced ...
Europe stocks gain and yen near 15-year high
Gulf News
| London: European stocks edged higher yesterday after US shares climbed, but the dollar struggled as markets braced for a key US labour report expected to show more job losses, clouding the outlook for recovery. | US non-farm payrolls likely took a ...
Gold near two-month high, may increase
Gulf News
| London: Gold, little changed near a two- month high in London, may gain on speculation that an economic slowdown will increase demand for the precious metal as a protection of wealth. | US employment probably cooled in August, economists expected a...
Bonds fall on growing job rate
Gulf News
| New York: US Treasuries prices fell for a third straight day yesterday as data on the US labour market offered at least a temporary balm for fears the world's largest economy may be headed for a double-dip recession. | The government reported that ...
Service Sector Expands for 8th Consecutive Month
The New York Times
| The service sector, America’s predominant job generator, expanded for the eighth consecutive month in August although the pace of growth slowed, according to a trade group report released Friday. | The report provided another sign that the re...
Student loan becomes $250,000 nightmare
NZ Herald
By 5:30 AM Saturday Sep 4, 2010 Share Email Print | "Yeah, stupid eh?" Trev says in a deadpan Australian accent over the phone from across the ditch as we discuss his whopper of an unpaid student debt. | Trev is not this Kiwi loan refugee's real name...
Bernanke warns big boys
NZ Herald
5:50 AM Saturday Sep 4, 2010 Share Email Print | Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial syst...
Emerging Economies
Sugar - Sweetener - Commodity
(photo: WN / Rubielyn Bunag)
Govt permits export of 250,000 tonnes of sugar under ALS
Deccan Herald
New Delhi, Sept 3 (PTI) Friday, September 03, 2010 --> | The government on Friday decided to allow the export of about 2,50,000 tonnes of sugar over the next three months, enabling mills to meet a part of their total export obligation of nearly one million tonnes. | Mills had imported 20.75 lakh tonnes of sugar in the 2004-05 crop year (October-Sep...
World Business
During the rainy season, mangrove plants appear greener and provides much needy biodiversity to nature circle.
(photo: WN / John Sahid)
On the GreenBeat: Smart Meters Win in PG&E and Oncor Disputes, Facebook to Get Greener ...
The New York Times
| PG&E smart meters vindicated, but the utilities company is criticized for poor customer service. An audit of Pacific Gas & Electric released yesterday reported there were no technical flaws with its smart meters, ending an investigation triggered by nearly 1,400 complaints from irate customers who said the new meters were causing them to be overc...
World Politics
Ban Ki-moon, left, Secretary General of United Nations listens to British Foreign Minister David Miliband, right, who chaired a Security Council meeting at U.N. Headquarters Tuesday May 20, 2008.
(photo: AP / David Karp)
Gilad Atzmon: The Lowest Of The Low
WorldNews.com
Millions of ballot papers have been sent out yesterday to those eligible to vote in the Labour leadership election. Symbolically enough, this happened the day Tony Blair, the British PM who launched the criminal war in Iraq, published his controversial memoirs. | I am not holding my breath for the Labour party to make the right decision. Clearly, t...



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