Monthly Archives: January 2011

France say troubled Euro has turned the corner

The beleaguered eurozone has put the worst of its debt crisis behind it, France’s finance minister told global elites at Davos on Saturday, as Germany vowed to defend the stability of the euro http://news.smh.com.au/breaking-news-world/france-says-troubled-euro-has-turned-the-corner-20110129-1a95u.html

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UK abolish forced retirement at 65

LONDON — British employers will no longer be allowed to force people to retire at 65 years old, unless they can justify the dismissal. http://www.msnbc.msn.com/id/41061281/ns/business-world_business/

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US stocks cap longest winning streak since 2007

Close The S&P 500 ended a seventh straight week of gains – its longest winning streak since 2007 – with a banks-led rally amid healthy volume after encouraging financial results from JPMorgan. http://www.smh.com.au/business/markets/us-stocks-cap-longest-winning-streak-since-2007-20110115-19rls.html

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OPEC may act if Oil rises over $100 per barrel

Reuters) – Oil slipped on Thursday as markets weighed disappointing U.S. jobless claims data and the prospect OPEC would raise output should prices break above $100 a barrel for an extended period. http://www.reuters.com/article/idUSTRE6BD61U20110113

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China backs Europe / Euro for Investment

Europe and the euro will remain among the most important areas of investment for China’s world-record $2.65 trillion of foreign-exchange reserves, a central bank official said in the nation’s latest show of support. http://www.bloomberg.com/news/2011-01-07/china-will-put-currency-reserves-into-europe-euro-central-bank-s-yi-says.html

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US stocks rise in first trading day of new year

Stocks ended up nearly a percent or more as investors flocked to stocks, pushing the market to new two-year highs for the first trading day of the year. http://www.cnbc.com/id/40887627

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Europe starts confiscating private pension funds

The U.S. isn’t the only place that’s facing a major pension fund crisis. The Christian Science Monitor has this alarming report Read more at the Washington Examiner: http://washingtonexaminer.com/blogs/beltway-confidential/2011/01/europe-starts-confiscating-private-pension-funds#ixzz1A2OHsAip

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