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Obama budget foresees deficits for a decade

<ul><li>WASHINGTON _ President Barack Obama on Monday will propose a 2011 federal budget that would spend $1.3 trillion more than the government takes in _ then continue with deficits of more than $700 billion a year for at least a decade. …

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |

McCarthy says ‘Bord Snip’ was an absolute political exercise

<ul><li>THE ECONOMIST behind the Government’s plan to reform the public service, Colm McCarthy, has said the establishment of the so-called "An Bord Snip Nua" was "an absolute political exercise" aimed at softening up pu…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |
 

Government Plays ‘Fun With Numbers’

Government plays “fun with numbers”, and hopes you are too stupid to see through the BS.
The Government has attempted to paint the economic stimulus plan as a huge success. Before the bill was passed last year the Obama administration had proclaim…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets, Trading News |

A Picture Of Health?

The trillion dollar question for the financial markets is whether or not the global economy is strong enough to accept the hand-off from central bank and government stimulus. After 15+ years trading the financial markets we have found only one statemen…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets, Trading News |
 

Aussie Homeowners Stressed Out

A hat-tip to Deano for directing me to the following story about growing mortgage stress amongst first home buyers in Australia. Unlike the rest of the world Australia did not undergo a sizeable correction in home prices as a result of the misguided po…

[ More ] February 1st, 2010 | No Comments | Posted in Industries, Real Estate |

5-day Davos forum ends on note of humility

<ul><li>DAVOS, Switzerland – The world’s foremost gathering of business and government leaders wrapped up a five-day meeting Sunday with widespread agreement that a fragile recovery is under way but no consensus on what’s going to spur job …

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |
 

Progress in Ulster talks

<ul><li>TALKS to save Ulster’s power-sharing government made "considerable progress" yesterday.</li><li>Northern Ireland Secretary Shaun Woodward was upbeat as the latest round ended last night.</li><li>Sin…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Ulster talks keep going

<ul><li>CRUNCH talks to save Northern Ireland’s powersharing government resumed yesterday.</li><li>A deadline imposed by PM Gordon Brown and Irish premier Brian Cowen to reach an agreement on devolving police and justice powers …

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

2000 green energy jobs target in Fife ; MESSAGE BOARD

<ul><li>UP to 2000 green jobs could be headed to Fife if the region fulfils its potential to become a centre of excellence for renewable energy.</li><li>Fife Council claim firms in the area are ready to invest pounds 400million …

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

EDITORIAL: Digital research

<ul><li>Jan. 30–It took a while for Congress to realize that if American workers are to compete in the global marketplace, focused, sustained research funding of technology learning is critical. </li><li>A major new research ce…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |