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Global Car Companies Hunt Big Game In Africa's Growing Automotive Market
With the European automotive market suffering from over-capacity and depressed consumer demand, North America stymied by cutthroat competition, and China's economic juggernaut beginning to wane, what...
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Modern-Day Lysistrata: Togo Women Call For ‘Sex Strike’ To Force President To...
More than 2,500 years ago, the Greek playwright Aristophanes wrote a play called ‘Lysistrata’ in which the women of Athens vowed to withhold sexual relations from their husbands and lovers as a form of...
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South African Cops Fire On Miners Again As Unrest Spreads
Two weeks after the slaughter at the Marikana platinum mine shocked South Africa, police fired tear gas and rubber bullets to disperse striking miners at a gold mine near Johannesburg Monday, the...
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African Astronauts? Sudan’s Bashir Calls For African Space Agency
Africans going to outer space?That’s the dream of Sudanese president Omar al-Bashir who has called for the formation of an African space agencySpeaking to a regional conference of communications...
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South African Labor Unrest Threatens Platinum And Gold Production
In the wake of a strike that left 34 platinum miners dead after clashes with police, South African unions continue to refuse to work, disrupting production of the metal in the country that accounts for...
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Reflecting On The Towers: At The Center Of The World
Few discussions about the World Trade Center (most Americans still call them the "twin towers") begin with the complex's difficult start.Having displaced hundreds of small businesses and constructed...
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QE3 Reviving Fears Of Global Currency Wars
The Federal Reserve's announcement this week that it will launch a third round of open-ended bond-buying to perk up the U.S. economy got a resoundingly positive reception in foreign financial markets...
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US Treasury Resists GM Plan For Government Stake Sale: WSJ
(Reuters) - The U.S. Treasury Department is unwilling to sell the government's stake in General Motors Co because a sale now would mean huge investment losses, the Wall Street Journal reported on...
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FOMC Minutes, September Jobs Report, Auto And Same-Store Sales: Economic...
In a week containing a number of top-tier releases, the main message is likely to be that both economic growth and job creation remain subdued.Dovish Federal Open Market Committee minutes on Thursday...
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Fed Speakers, Beige Book, IMF-World Bank Meetings: Economic Events For Oct. 8-12
The U.S. Federal Reserve's assessment of current conditions, as well as data on inflation and trade, will highlight the economic calendar Oct. 8-12.The Fed’s Beige Book -- aka the "Summary of...
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2nd 2012 US Presidential Debate, EU Summit, China 3Q GDP: Economic Events For...
There’s a lot going on this week.U.S. President Barack Obama and former Massachusetts Gov. Mitt Romney will cover both domestic and foreign policies Tuesday during the second U.S. presidential debate,...
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FOMC, Q3 GDP, Housing, Durable Goods On Tap: Economic Events For Oct. 22-26
A heavy dose of data is scheduled to be reported on a week that will include a two-day meeting of the Federal Open Market Committee. Key reports will include the initial look at third-quarter growth in...
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October Jobs Report, ISM, Auto And Same-Store Sales: Economic Events For Oct...
We start the week of Halloween with the personal income and spending report on Monday and finish with the October jobs report on Friday -- just four days before the U.S. general elections.Economists’...
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US Presidential Election, Greek Parliament Vote, China’s Leadership...
In a light week of data, the U.S. presidential election will likely dominate the headlines. Intrade and Iowa electronic markets put a high probability on a split government, meaning another four years...
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Retail Sales, FOMC Minutes, Euro Zone Q3 GDP: Economic Events For Nov. 12-16
Market participants face a very crowded economic release calendar.The release of October's retail sales and industrial production data and the early regional manufacturing surveys for November will...
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Greece Bailout, BoJ Meeting, US Housing Data: Economic Events For Nov. 19-23
Overall, a fairly thin week on data as the U.S. counts down to the Thanksgiving holiday.While the markets continue to focus on the fiscal cliff negotiations, data flow will also receive attention....
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US Q3 GDP Second Estimate, Fed’s Beige Book, New Home Sales: Economic Events...
After returning from the Thanksgiving break, market participants will face a crowded economic calendar.In the U.S., third-quarter gross domestic product is likely to be revised up to 2.8 percent, up...
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OECD Slashes Global Growth Forecast
The Organisation for Economic Co-operation and Development (OECD) has lowered its growth forecast for the global economy and expects the Eurozone to sink deeper into recession next year unless the...
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November US Jobs Report, ECB December Meeting: Economic Events For Dec. 4-7
Much of the data this week is expected to continue to show signs of Superstorm Sandy's impact, including the widely watched November government employment report, which is due Friday.The sustained...
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2012 Year In Review: Major Worker Strikes - Looming US Port Strike, Violent...
Work stoppages, once a mainstay of the labor arsenal, have fallen off precipitously since the early 1980s. Over the same period, perhaps not by coincidence, corporate profits have mostly risen even as...
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