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    Apr 26, 2013 |Story| Reuters
  1. GLOBAL MARKETS-Shares, oil dip but head for best week since Nov

    Reuters
    * European shares dip but head for weekly gains of 4 percent * Oil falls back below $103 * BOJ confirms commitment to bold policy * Dollar eases as markets await Q1 GDP figure * Wall Street set to open lower By Marc Jones LONDON, April 26 (Reuters)...

    Tags: Politics, Petroleum Industry, National Australia Bank Limited, Enrico Letta, Credit Ratings

  2. Apr 25, 2013 |Story| Reuters
  3. Czech opposition chief sees euro adoption around 2020

    Reuters
    PRAGUE (Reuters) - The Czech Republic may adopt the euro around the year 2020, opposition leader Bohuslav Sobotka, the favourite to become prime minister after next year's election, said on Thursday. The Czech Republic does not have any euro adoption...

    Tags: Politics, Czech Republic, Government Debt, Market and Exchange, Economic Indicator

  4. Apr 25, 2013 |Story| Reuters
  5. Britain avoids recession with faster than expected growth

    Reuters
    LONDON (Reuters) - Britain skirted a "triple dip" recession by growing faster than expected in the first three months of the year, providing some cover for a government under fire over its austerity drive. The Office for National Statistics said on...

    Tags: International Monetary Fund, Politics, Global Expansion, Nick Clegg, Public Finance

  6. Apr 25, 2013 |Story| Reuters
  7. Equity futures, UK numbers bolster high-grade momentum

    Reuters
    By John Balassi April 25 (IFR) - Stock futures point to a decent open on Thursday for the equity and credit markets, which are also bolstered by the UK reporting better-than-expected first-quarter GDP of 0.3% and avoiding another recession. The US high-...

    Tags: Verizon Communications, Goldman Sachs Group, Inc., Companies and Corporations, Weather, Judges

  8. Apr 25, 2013 |Story| Reuters
  9. GLOBAL MARKETS-UK growth boosts sterling, world shares gain

    Reuters
    * Rise in UK GDP lifts sterling, gilt yields * World shares gain for a 5th day on central bank hopes * Dollar under pressure from disappointing U.S. data * Gold, copper oil recover week's losses By Richard Hubbard LONDON, April 25 (Reuters) -...

    Tags: Manufacturing and Engineering, Petroleum Industry, Credit Ratings, China, Metal and Mineral

  10. Apr 25, 2013 |Story| Reuters
  11. GLOBAL MARKETS-Euro, commodities recover on weak dollar, UK GDP to come

    Reuters
    * Weak U.S. durable goods orders pressure dollar * British GDP expected to confirm global economic weakness * Euro gets support from falls in Italian, Spanish yields * Gold, oil recover on hopes of more central bank support By Richard Hubbard LONDON,...

    Tags: Politics, Petroleum Industry, Credit Ratings, Metal and Mineral, Economic Indicator

  12. Apr 25, 2013 |Story| Reuters
  13. CORRECTED-GLOBAL MARKETS-Euro, commodities recover on weak dollar, UK GDP to come

    Reuters
    (Corrects time of UK GDP release to 0830 GMT) * Weak U.S. durable goods orders pressure dollar * British GDP expected to confirm global economic weakness * Euro gets support from falls in Italian, Spanish yields * Gold, oil recover on hopes of more...

    Tags: Politics, Petroleum Industry, Credit Ratings, Metal and Mineral, National Government

  14. Apr 25, 2013 |Story| Reuters
  15. GLOBAL MARKETS-UK growth boosts sterling, Europe shares gain

    Reuters
    * Rise in UK GDP lift sterling, UK shares dip * Dollar under pressure from disappointing U.S. data * Gold, oil recover on hopes of more central bank support By Richard Hubbard LONDON, April 25 (Reuters) - Surprisingly strong British growth lifted...

    Tags: Petroleum Industry, Credit Ratings, China, Market and Exchange, Metal and Mineral

  16. Apr 24, 2013 |Column| Orlando Sentinel
  17. The Reinhart/Rogoff brawl

    WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how explosive the issue is. They suggested that debt exceeding 90 percent of a country's economy (gross domestic product, or GDP) corresponds to a sharp drop in economic growth. But their work is being challenged by three other economists, who say that Reinhart and Rogoff made basic errors that invalidate their results.
    WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how...

    Tags: Politics, Lehman Brothers Holdings Inc., The New York Times, Federal Reserve, Public Finance

  18. Apr 16, 2013 |Story| Los Angeles Times
  19. How an Excel error fueled panic over the federal debt

    One of the most fearsome statistics in the war against the federal deficit has always been the country's ratio of debt to gross domestic product. When this ratio reaches 90%, the argument goes, watch out -- lower economic growth is on the horizon. And that's scary, because that's where the U.S. has been heading.
    One of the most fearsome statistics in the war against the federal deficit has always been the country's ratio of debt to gross domestic product. When this ratio reaches 90%, the argument goes, watch out -- lower economic growth is on the horizon. And...

    Tags: Politics, Public Finance, Productivity, Economic Indicator, Paul Ryan

  20. Apr 15, 2013 |Story| Baltimore Sun
  21. Obama budget will lead to disaster

    In response to your editorial "Put up or shut up" (April 11), I just have one question: What part of economics don't you understand? You mention that the president wants to "reduce deficits to a manageable size." Yet in his budget he proposes growing...

    Tags: Barack Obama, Federal Reserve, Budgets and Budgeting, George W. Bush, Economic Indicator

  22. Apr 11, 2013 |Column| Orlando Sentinel
  23. A lazy budget

    WASHINGTON -- There is something profoundly timid about President Obama's proposed $3.778 trillion budget for 2014. Stripped of boasts about "investments" for the future and a responsible "balance" between deficit reduction and economic growth, the budget is a status-quo document. It lets existing trends and policies run their course, meaning that Obama would allow higher spending on the elderly to overwhelm most other government programs. This is not "liberal" or "conservative" so much as politically expedient and lazy.
    WASHINGTON -- There is something profoundly timid about President Obama's proposed $3.778 trillion budget for 2014. Stripped of boasts about "investments" for the future and a responsible "balance" between deficit reduction and economic growth, the budget...

    Tags: Politics, Medicare, Personal Weapon Control, Washington, DC, Economic Indicator

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