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Manufacturing output may drop in Nov: Survey
Published December 1, 2008, 11:04 pm, Business Standard India
In what may be a pointer to the industrial output in November, ABN Amro’s Purchasing Managers’ Index (PMI), a gauge for the manufacturing sector performance, has suffered its first contraction since its launch three-and-a-half years ago.
Australia Dollar Rallies on Rate Cut; N.Z.’s Dollar Declines
Published December 1, 2008, 9:48 pm, Bloomberg
Dec. 2 (Bloomberg) -- The Australian dollar rallied after the central bank lowered interest rates 1 percentage point, the fourth cut since September, seeking to help the nation avoid a recession. New Zealand’s dollar fell.
Birthplace sleuth returning to pursuit of president-elect
Published December 1, 2008, 7:45 pm, WorldNetDaily
Jerome Corsi, senior investigative reporter for WND and author of "The Obama Nation," which raised some of the original questions about President-elect Barack Obama's birthplace, is recovering from back surgery and soon will return to the trail of information apparently concealed by the Democrat's campaign.
OPEC says ready to cut oil production by good amount at coming meeting in Algeria
Published December 1, 2008, 6:48 pm, People's Daily
The Organization of Petroleum Exporting Countries (OPEC) said Monday that it is ready to cut production by good amount at coming ministerial meeting in Algeria, Iran's Energy and Oil Information Network (SHANA) reported. OPEC Secretary General Abdalla Salem El-Badri made the remarks to SHANA on the sideline of the 13th International Oil and Gas Conference of the Institute for International ...
RAM Holdings Announces Commutation of $10.6 Billion Par MBIA Portfolio Including $6.8 Billion Par of Structured ...
Published December 1, 2008, 6:30 pm, Business Wire via Yahoo! Finance
HAMILTON, Bermuda----RAM Holdings Ltd. today announced that its operating subsidiary, RAM Reinsurance Company Ltd. has entered into a Commutation Agreement, effective November 30, 2008, to commute its entire $10.6 billion portfolio of business assumed from MBIA Insurance Corporation and affiliates effective upon receipt by MBIA of a commutation payment of $156.5 million, which includes return ...
Game over?: English football at bursting point
Published December 1, 2008, 4:22 pm, Independent
Back in October, in the Great Hall of Stamford Bridge, the home of Chelsea Football Club, 1,000 "senior decision- makers in world football" gathered. There was an air of optimism and self-congratulation. Commercial managers from some of the country's top clubs talked of exciting new opportunities in the Far East. Gossip was traded about how lucrative the next Premier League television deal ...
Urgent need for funding
Published December 1, 2008, 3:46 pm, The Star
FRANKFURT: Small and medium-sized German car parts makers that rely on house banks for capital could collapse if they do not soon find access to financing, say executives in the motor industry.
Fitch Rates Philadelphia, Pennsylvania's $180MM GOs 'BBB+'; Outlook Stable
Published December 1, 2008, 2:43 pm, Business Wire via Yahoo! Finance
NEW YORK----Fitch assigns a 'BBB+' rating to Philadelphia, Pennsylvania's $180 million general obligation bonds, series 2008C. The bonds are scheduled for negotiated sale the week of December 8.
Background Note: Nigeria
Published December 1, 2008, 1:53 pm, Scoop.co.nz
Geography Area: 923.8 thousand sq. km. (356,700 sq. mi.) about the size of California, Nevada, and Arizona. Cities: Capital --Abuja (pop. est. 452,000).
Canada's GDP grew 1.3% in the third quarter
Published December 1, 2008, 1:03 pm, Global TV National
The Canadian economy grew by 1.3% in the third quarter as economic activity recovered in September from a decline in August, Statistics Canada said on Monday.
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