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Your world at risk. How the impossible becomes the inevitable.

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A Long Way From Economic Normalcy

Posted by Matt in March 13th, 2010 | no comment 
Published in Economy, , , , , , , , , , , , , , , , , , , ,

The economy grew 5.9 percent in the fourth quarter of 2009, but the number is not as strong as it looks. Most of it is based on temporary factors, notably a spurt of inventory replenishment and the now-waning fiscal stimulus. An overhang of debt and low property values continues to weigh down banks’ and consumers’ [...]

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Dollar’s Slide Gives Rise To Calls for New Reserve – washingtonpost.com

Posted by Matt in October 6th, 2009 | no comment 
Published in Financial, , , , , , , , , , , , , , ,

The dollar has come under attack from abroad as the economic crisis has played out, thanks to the Federal Reserve’s decision to flood a seized-up financial system with liquidity last fall. The central bank’s moves likely staved off deflation, but the massive influx of new dollars has devalued existing ones. Foreign nations are worried that [...]

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‘Printed chips’ could be boon for consumers – San Jose Mercury News

Posted by Matt in August 10th, 2009 | no comment 
Published in general, , , , , , , , , , , , , , ,

By using inkjet and other types of printers, the company plans to make radio frequency identification devices — so called RFID tags. Such tags traditionally contain microchips, but are so expensive now their use has been relatively limited.
‘Printed chips’ could be boon for consumers – San Jose Mercury News

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Rising Interest on Nations’ Debts May Sap World Growth

Posted by Matt in June 4th, 2009 | no comment 
Published in Economy, , , , , ,

As governments worldwide try to spend their way out of recession, many countries are finding themselves in the same situation as embattled consumers: paying higher interest rates on their rapidly expanding debt.
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Where are Argentina’s Coins?

Posted by Matt in May 13th, 2009 | no comment 
Published in Americas, Argentina, Economy, , , , , , , , ,

A serious shortage of coins in Argentina causes problems for consumers and merchants.
Think you’ve got cash problems? Just be glad you’re not in Argentina.
No one knows the inconveniences of the peso better than Buenos Aires’s convenience store owners. Walter Teich and his wife opened one right in the center of town three years ago. He’s [...]

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Is the recession just about over?

Posted by Matt in May 9th, 2009 | no comment 
Published in Economy, , , , , , , , , , , , , , , , , , , , ,

“A perfect storm? Recessions that are associated with both financial crises and global downturns have been unusually severe and long lasting. Since 1960, there have been only six recessions out of the 122 in the sample that fit this description: Finland (1990), France (1992), Germany (1980), Greece (1992), Italy (1992), and Sweden (1990). On average, [...]

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A tidal wave of discontent threatens China

Posted by Matt in January 13th, 2009 | no comment 
Published in China, , , , , , , , , , , , , , , , ,

The whole world is suffering from an economic crisis. Some in the West, like a desperate drowning man clutching at a straw, have said the Chinese Government has a lot of money, let us beg them to save us from the crisis. But they do not realise that the Government in Beijing does not know [...]

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Russia look to control world’s gas prices

Posted by Matt in December 27th, 2008 | no comment 
Published in Energy, Russia, , , , , , , , , , , , , , , , , , , , , , , , , , ,

Plan for ‘gas OPEC’ could tighten President Vladimir Putin’s grip on Europe’s gas supplies.
The advent of LNG may one day allow gas exporting countries, who gathered in Moscow last week to create a new organization, to act as a cartel along the lines of OPEC, holding sway over prices and supply, and thus consumers around [...]

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New Reports Cite China’s Dangerous Rise

Posted by Matt in November 25th, 2008 | no comment 
Published in China, , , , , , , , , , , , , , , , , , , ,

The NIC notes that this transformation of world politics is the result of a massive transfer of wealth from West to East, from Europe and North America to Asia. The United States has transferred $1.2 trillion to China since 2001 by running massive trade deficits. These deficits have not only given Beijing the largest currency [...]

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