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New Zealand officials are working on a plan to guarantee wholesale deposits at the nation's banks, Finance Minister Michael Cullen said.
“The Reserve Bank and Treasury are working on a possible wholesale deposit guarantee scheme,'' Cullen said in a debate broadcast today on Radio New Zealand. “There is no need for an urgent decision. […]
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Sweden's budget surplus will narrow next year as the government steps up spending and cuts taxes to cushion the economic slowdown.
The surplus will shrink to 1.1 percent of gross domestic product in 2009 and 1.6 percent in 2010 from an estimated 2.8 percent this year, according to an advance copy of the government […]
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Russia aims to extend its control over energy deliveries to the West and it is important that European countries push forward on efforts to diversify routes for oil and gas supplies, a senior U.S. official said on Monday.
As Vice President Dick Cheney visited Italy to seek support for Georgia after its brief war with […]
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More than $2.4 million of Missouri taxpayers’ money was spent “for questionable purposes” over the past eight years, including purchases made at bakeries, beauty salons, bra stores, coffee shops and picture-framing galleries, according to a review by the National Taxpayers Union.
The state of Missouri spent $15,400 at Ann's Bra Shop from 2000 to 2008 for […]
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Japan's inflation rate exceeded 2 percent for the first time in a decade as prices of food and gasoline surged, sapping household budgets in an economy that may already be in a recession.
Core prices, which exclude fresh food, climbed 2.4 percent in July from a year earlier after rising 1.9 percent in June, […]
Casino backers from MyOhioNow.com will submit enough signatures on Tuesday to put plans for a $600 million resort on the November ballot, those pushing the initiative said.
Rick Lertzman, who heads MyOhioNow with Brad Pressman, said the group will submit the signatures to Ohio Secretary of State Jennifer Brunner. The group will also discuss its fall […]
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Consumer prices in the U.S. probably rose in June by the most in seven months as Americans paid more for fuel and food, a government report today may show.
The cost of living increased 0.7 percent after a 0.6 percent gain in May, according to the median forecast of 79 economists surveyed by Bloomberg […]
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U.S. consumer spending jumped last month as government stimulus checks boosted household budgets and pushed the saving rate to a 13-year high, but another report released on Friday showed confidence took a hit.
Commerce Department data showed U.S. personal spending rose by a greater-than-expected 0.8 percent in May, while a key gauge of inflation […]
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Gasoline rose to $3.99 a gallon at the pump, threatening to further shake the confidence of consumers whose spending makes up two-thirds of the economy, an industry survey showed.
The price climbed 20 cents on June 6 from three weeks earlier, according to oil-industry analyst Trilby Lundberg's survey of 7,000 filling stations nationwide. Gasoline […]
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A private California investment firm specializing in serving wealthy investors, has acquired a 120-acre property in Camas, fueling speculation it will bring its corporate headquarters and more than 1,000 jobs to Southwest Washington.
Woodside, Calif.-based Fisher Investments manages $43 billion in assets on behalf of 22,000 investors and employs more than 1,000 people […]
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