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Social Security reform not part of fiscal cliff talks
With just a few weeks remaining before the year ends, the White House and the Republicans are still at odds over how to contrive a deficit-reduction package. If both sides are unable to reach a...
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Labor Attacks the Constitution
CalPers, California’s $240 billion dollar giant employee pension fund is asking the courts to give the State of California police powers to compel the City of San Bernardino to pay its pension bill for...
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Divorce as a Re-Distributive Mechanism
“Even in modern times, in most cases husbands and wives differ in their potential for acquiring property. In separation of property, husbands and wives owning property and dealing with each other will...
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Venezuela Open To Discussion On Improving Ties With The US
Despite the strained relationship of the US and Venezuela due to ideological differences, the two countries can’t help but keep their ties due to oil-trading. To date, the US is Venezuela’s largest...
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Homeland Security Seek Weapons
Washington: The United States Department of Homeland Security (DHS), the third largest cabinet department of the United States federal government, was created in 2001 following the September 11th...
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Anti-Gun Senator Shot Intruder
Robert C. Soles Jr., 78-year-old, was a Democratic member of the North Carolina Senate, representing the 8th district from 1977 to 2011. Over four decades ago, he was elected to the General Assembly in...
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SEO With No Annoying Marketers
Google has declared SEO (Search Engine Optimization) its mortal enemy. Other Search Engines have followed suit. They claim that their search engine results are pure and that the best companies and...
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US Trade Gap Decreased
The United States’ economy proved to be stronger in the fourth quarter last year, contrary to initial projections of a widening trade hiatus, according to figures as recorded. Chris Williamson, chief...
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Billionaires Dumped US Stocks
Several billionaires showed loss of confidence to the Obama administration. Warren Buffet, the 80-year-old primary shareholder, chairman and CEO of Berkshire Hathaway since 1951 and consistently ranked...
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Narcissism in The Boardroom
The perpetrators of the recent spate of financial frauds in the USA acted with callous disregard for both their employees and shareholders – not to mention other stakeholders. Psychologists have often...
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Thomas Cook Refinances
In a move which Thomas Cooke’s Chief Executive Ms. Harriet Green, described as “a very significant milestone”, Thomas Cooke decided to refinance yesterday after being forced to beg for funds from...
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Yahoo Buys Tumblr
Yahoo has acquired the massive blogging website Tumblr. Google’s former chief executive Ms. Marissa Mayer (37) who now leads Yahoo shocked the blogging community with a successful $1.1 billion bid...
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‘Online Currency Still Not Secure Enough’
Bitcoins. To many online currency is the future – a potential means of escaping the difficulties that the most recent physical, international currency, the euro, is currently facing. To an extent it...
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Stimulus Crumbling as China Slows Down
World stock markets tumbled today after Chinese production for the first time in seven months and as Ben Shalom Bernanke announced that the Federal Reserve was preparing to scale back on bond-buying as...
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IMF Chief Corruption Claims
Christine Lagarde’s future as chief executive of the IMF was brought into question yesterday as she was hauled in front of a Paris Court over a €403 million (£345 million), public payment she made to...
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Liberty Reserve Busted
Arch-money launderer Arthur Budovsky and six of his associates were indicted by a Manhattan Federal Court today for laundering more than US$6 billion in a money-laundering scheme described as...
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JLR Hits Record Profits
On Wednesday the Indian owned UK based car manufacturer Jaguar Land Rover revealed that its sales hit record profits of £1.7 billion for last year with a sales growth of 20% which drove up revenues by...
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Indian Growth At 10 Year Low
Official Indian statistics for India’s 2012-2013 fiscal year show that India’s economic growth was at the lowest it has ever been for a decade, with the economy growing at an annual rate of only 5%...
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Nikkei Falls To 6 Week Low
Last Monday the Nikkei 225 index fell by 3.7% to a 6 week low of 13,261.82. It has fallen by 15% since hitting a five-and-a-half year high last May. Written by Chris White The fall was partly due to a...
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RBS Jekyll & Hyde
A preliminary Parliamentary Commission report on banking standards has allegedly called for the Royal Bank of Scotland to be broken in two, essentially dividing it into a ‘good bank’ and a ‘bad bank’....
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