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South Africa n power utility Eskom ESCJ. UL and its biggest union held talks on Friday under the threat of a strike next week that could cut power to the continent s largest economy as it hosts the soccer World Cup...
NEW YORK - The euro rose Friday to its highest level against the dollar since late May after a report showed U. S. employers cut jobs last month, intensifying worries about the U. S. economy. The jobs report showed the ... Full text here...
The CBO delivers the bad news , which squarely falls on the Democrats and their four-year spending spree. Thanks to falling revenues from an economy that still shows no signs of significant growth and runaway federal ... Full text here...
U. S. stocks finished Thursday s volatile session off earlier lows but still well in the red after reports on joblessness, manufacturing and housing fueled concern about the economy ahead of the key monthly employment ... Full text here...
STOCKHOLM, July 1 Xinhua -- Swedish Central Bank, the Riksbank, on Thursday decided to raise repo rate from 0. 25 percent to 0. 5 percent, said the bank in a statement. The Swedish economy is developing strongly following the severe downturn...
NEW YORK ? Stocks tumbled around the world Tuesday, sending the Dow Jones industrials below the 10,000 mark, as downbeat economic news intensified fears that a stumbling global economy could send the United States back ... Full text here...
States in which defence spending is high are better equipped to withstand the effects of an economic downturn than others, according to a new study led by University of Alabama at Birmingham UAB Assistant Professor of ... Full text here...
In its second quarterly report of 2010, the UCLA Anderson Forecast makes the case for a tepid recovery from the national recession, with unemployment levels slowly declining. The California economy is expected to grow a ... Full text here...