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Iraq crisis threatens world economic recovery
Military advances in Southern Iraq by Sunni Islamist anarchists, who took over two Iraqi cities earlier this week could disrupt oil supplies if Baghdad …
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Further Easing, QE3, possible; Federal Reserve Chief Ben Bernanke
Federal Reserve Chairman Ben Bernanke indicated yesterday that a third round of easing is an option if economic conditions worsen further, after a meeting …
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PBOC reports drop in Lending by Chinese Banks, Money Growth Slowdown
Lending by banks in China has dropped to 551.6bn Yuan ($85bn; £52bn) in new loans, as compared to April lending which amounted to 739.6bn …
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Why China is trying to slow down its off-the-charts economy…
While developed economies like USA, Europe and Australia with current GDPs of 3.1%, 0.3% and 0.7% respectively (according to tradingeconomics.com), are desperately trying to …
