Development Of Greek Gold Mine Sparks Violent Protest
THESSALONIKI, Greece (AP) — Hundreds of protesters have battled riot police for hours over plans for a gold mine in northern Greece's Halkidiki peninsula. Police say one policeman and three protesters...
View ArticleAs Debate Begins, Obama's Odds Of Getting Reelected Have Plunged Below 60%
For the past two months, Barack Obama's chances of getting reelected have generally vacillated between 60% and 70% on Intrade and other gambling markets. Before the first debate, these odds hit a peak...
View ArticleChina's GDP Will Exceed America's In The 21st Century
This is an election season, so all hope of intelligent policy discourse has been abandoned in favor of the partisan soundbite. One side, uniquely brilliant, will magically solve our nation's problems...
View ArticleWho Is Winning The Foreign Policy Debate?
Here's how you know who is winning the Foreign Policy debate. This is the crucial one, the final opportunity for both candidates to land a distinct punch where it is needed. Here's what to look for...
View ArticleOBAMA: 'The Sequestration Will Not Happen'
President Barack Obama just promised viewers of tonight's presidential debate that the sequestration "will not happen," effectively dismissing the possibility that the 10 percent cuts to federal...
View ArticleHere's The Chart That Mitt Romney Made With His Hands
During the Presidential debate, Mitt Romney hit out at China, and made a chart with his hands, comparing the level of imports from China and exports to China. Here's the actual chart showing how much...
View ArticleAnalyst: China Is Seeing A 'Remarkable Deepening Of Mistrust Over US Intentions'
The U.S. heads for its presidential election on November while China will witness its once in a decade handover of power on November 8. As the political faces of both countries change, relations...
View ArticleBarack Obama And Mitt Romney Went Head-To-Head In The Final Presidential Debate
President Barack Obama and Republican nominee Mitt Romney squared off tonight in the final of three presidential debates before the Nov. 6 election. The two discussed various issues on foreign policy,...
View ArticleMitt Romney Thinks He's Won The Election, And Last Night He Just Played Not...
The final presidential debate is over, and Mitt Romney played it very safe, passing over opportunities to go on offense and generally avoiding confrontation with President Barack Obama. The Republican...
View ArticleMarkets Are Getting CLUBBED
UPDATE 6:50am: Things have gotten worse. DOW futures are now off more than 100. EARLIER: Another ugly day! Markets are having the ugly day that nearly happened yesterday, but which was cut short by a...
View ArticleThe US Economy Will Need A Miracle To Get Back To Normal
If we take a look at the output gap in the USA we can obtain a far better understanding of the hole that the Great Recession put us in. Here are some of the ugly facts about the US economy: The output...
View ArticleSpanish GDP Shrinks
Spanish GDP shrinks, but a bit less than expected. From Bloomberg: Gross domestic product shrank 0.4 percent from the previous three months, matching the contraction of the second quarter, the Bank of...
View ArticleIn Last Night's Presidential Debate, One Thing Obama Said Had The Potential...
"The Sequester" is the money that will be cut from the budget as a result from last summer's debt ceiling deal. It's expected to hit defense companies hard, as much of the cuts come from defense. Last...
View ArticleFrench Industrial Sentiment Falls To A 3-Year Low
French industrial sentiment fell to a 3-year low in October as order books thinned and manufacturers' outlook for the future darkened, the national statistics institute INSEE said Tuesday. The...
View ArticleGoldman Sachs Destroys One Of The GOP's Biggest Talking Points On The Economy
Goldman's Jan Hatzius and Sven Jari Stehn put out a great note on Friday that's generating some buzz (Krugman, FT Alphaville). The topic: Uncertainty, and whether it's really playing a depressing role...
View ArticleMajor UK Luxury Goods Maker Warns On Profits — Shares Dive
Worries about economic growth are to the fore again, after a couple of consumer groups warned on the outlook. Whitbread, the Premier Inn, Beefeater and Costa Coffee business, said first half profits...
View ArticleDuPont's Earnings Report Is One Of The Ugliest We've Seen Yet
Earnings from industrial chemical company Dupont were terrible. EPS of 44 was three cents behind expectations.. Revenue was well below expectations of $8.14 billion Some bullet points: Third-quarter...
View Article10 Things You Need To Know Before The Opening Bell (NFLX, DD, AAPL, YHOO,...
Good morning. Here's what you need to know. Asian markets were mixed in overnight trading, with the Shanghai Composite down 0.86 percent on concerns of weaker earnings and growth. Europe is selling off...
View ArticleBERNANKE: You Can't Fire Me -- I'm Going To Quit In 2014
Oct 23 (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke has told close friends he probably will not stand for a third term at the central bank even if President Barack Obama wins the Nov. 6...
View ArticleToday We're Getting A Beautiful Snapshot Of What's Happening In The Economy...
A few earnings reports provide a beautiful snapshot of what's happening to corporate America. First of all, DuPont earnings were a total horror show. The stock is down over 5% in the pre-market after...
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