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REUTERS SUMMIT-Venezuela business group sees dire economy in 2013
Reuters* Fedecamaras' head says lack of hard currency crimps growth * Sees most companies' 2013 billing falling at least 40 pct * Maduro's slim election victory shows need for dialogue By Brian Ellsworth CARACAS, May 23 (Reuters) - Venezuela is slipping into...Tags: Nicolas Maduro, Hugo Chavez, Commodity Markets, Productivity, Venezuela
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Bank of Israel may cut rates for second time in a month
ReutersJERUSALEM (Reuters) - The Bank of Israel could lower short-term interest rates for the second time this month next week to further weaken the shekel and support exports, although it's a close call, according to a Reuters poll. Of 13 economists surveyed,...Tags: Money and Monetary Policy, Finance, Central Bank, Energy Resources, Petroleum Industry
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Fed officials want more progress before bond tapering: minutes
ReutersWASHINGTON (Reuters) - Many Federal Reserve officials earlier this month wanted to see more evidence that the economy was recovering before shifting toward a tapering of their bond purchase program, the Fed said on Wednesday. "Most observed that the...Tags: Money and Monetary Policy, Ben Bernanke, Central Bank, Federal Reserve, Finance
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WRAPUP 4-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Central Bank, Productivity, Bonds, Unemployment Benefits, Employment
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Japan rates may torpedo recovery
Reuters(Reuters) - Spiking interest rates in Japan threaten to undermine, and possibly end, the recovery being engendered by Abenomics. That could reverse gains not only in Tokyo stocks, but in stock markets world-wide which have benefited from Japanese...Tags: Money and Monetary Policy, Japan, Finance, Bonds, Government Debt
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ECB can expand its tools to fight crisis: board member
ReutersWASHINGTON (Reuters) - The European Central Bank could expand its policy toolkit if needed to battle deflation risks, a top ECB official said on Wednesday, adding that the central bank was also weighing measures to encourage more lending in the euro zone....Tags: Central Bank, Prices, Banking, Global Expansion, Investments
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WRAPUP 5-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Central Bank, Productivity, Bonds, Prices, Career and Workplace
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Bernanke says more progress needed before stimulus pullback
ReutersWASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas pedal, Fed Chairman Ben Bernanke said on Wednesday. A decision to...Tags: Productivity, Central Bank, Energy, Consumer Confidence, Dwayne Johnson
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Singapore c.bank sees core inflation close to 2 pct this year
ReutersSINGAPORE, May 23 (Reuters) - Singapore's central bank said on Thursday it expects core inflation to be close to 2 percent in 2013, within its target range of 1.5 to 2.5 percent. Ong Chong Tee, deputy managing director of the Monetary Authority of...Tags: Singapore
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Bernanke's Q&A testimony to congressional panel
ReutersWASHINGTON (Reuters) - Below are highlights of the question and answer session of Federal Reserve Chairman Ben Bernanke's testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday. BERNANKE ON WHETHER HE WOULD SERVE A THIRD...Tags: Employment, Career and Workplace, Economic Policy, Mortgages, Labor Day
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Entertaining change: Sony to look at activist's spin-off idea
ReutersTOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value....Tags: Corporate Officers, Activism, Politics, Mutual Funds, Prices
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