United States faces hyperinflation along with massive recession - the run awau prices of food, energy, softs, and metals accompanied with endless joblosses
Sam Adelton
American job outlooks are bleak. The financial markets are on emergency life support systems of the Federal Reserve. The commodity prices especially food, energy, softs, and metals are ready to hyper inflate.
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How can Democrats win the November Election?
Sudhir Chadda
Is it really impossible? Sudhir Chadda explores how President Obama can turn the tide around and win the heart of America again.
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A nasty $700 billion fiscal mistake by Bush Administration responsible for huge budget deficit : Treasury Secretary Timothy Geithner
Gautam Zaveri
The US budget gap, which hit a record $1.41 trillion in fiscal 2009 and is poised to grow wider this year, has unnerved many Americans.
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US Dollar falling fast, demand from China and India creating the massive hyperinflation in the middle of US economic depression
Peter Oberois
A new economic term is emerging. It is not stagflation but hyper depinflation - it is really hyper inflation in the middle massive depression.
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US stagnation revives, inflation coming back with the speed of a meteor
Paula Rabke
The lack of jobs prompts American consumers to put a brake in spending. Commodity inflation is back as Gold signals hyperinflation in America.
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China has overtaken Japan to become the world’s second-largest economy
Sondra Palma
China is on course to overtake the United States and vault into the number-1 spot sometime around 2025, according to projections by the World Bank, Goldman Sachs and others.
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Europe’s top antitrust watchdog with officials at the European Commission to probe IBM mainframe market role
Diana Rosblaht
The biggest allegation from EU is IBM has illegally tied its mainframe hardware to its mainframe operating system.
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BP CEO runs away to Siberia with $18 million
Sondra Palma
BP Chief Executive Tony Hayward will collect a pay and pension package worth at least 11.8 million pounds ($18.03 million) when he steps down from his role at the company.
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Japan’s exports rose faster than economists estimated conforming the economic recovery process
Tania Harding
Even with stronger Yen, the japanese exports are on the rise confirming global recovery. Shipments abroad advanced 29.3 percent in June from a year earlier.
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Germans look for modernizing Russian economy and infrastructure
Sam Adelton
Russian President Dmitry Medvedev has offered the Germans to activate their participation in the modernization of Russian enterprises, including non-strategic companies.
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Financial Crisis Inquiry Commission of America plans to perform detailed audit of Goldman Sachs
Peter Oberois
The Obama Administration appointed the Financial Crisis Inquiry Commission to bring complete and detailed transparency for the financial services giants in America.
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China focuses on significant volumes of indigenous unconventional gas lowering import demand from abroad
Sandra Johansen
China will need much less liquefied natural gas (LNG) from 2020 onwards than in the coming decade.
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