SINGAPORE (Reuters) – Brent crude edged lower towards $119 per barrel on Monday as economic woes in developed economies stoked fears of lower fuel demand, although the prospect of a third round of monetary easing by the United States limited its decline. Economic growth cooled in the first quarter, raising expectations that the Federal...
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pa href=”http://news.yahoo.com/poor-economy-worsens-social-securitys-finances-175132729.html”img src=”http://l.yimg.com/bt/api/res/1.2/DXK1wz8RVfhnjmpr2W7r5A–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/b5f1beba7a4ea50b0d0f6a7067008e99.jpg” width=”130″ height=”86″ alt=”FILE – In this April 3, 2012 file photo, Treasury Secretary Timothy Geithner speaks at the Treasury Department in Washington. An aging population and an economy that has been slow to rebound are straining the long-term finances of Social Security and Medicare, the government’s two largest benefit programs. Those...
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JOHANNESBURG (Reuters) – South Africa’s central bank said on Monday it was concerned about the growth in unsecured lending in Africa’s largest economy. “It is growing and it is growing too fast,” deputy central bank governor Lesetja Kganyago told a forum on the impact of the euro zone crisis on Africa.
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pa href=”http://news.yahoo.com/south-africas-rand-weakens-spanish-worries-161652246.html”img src=”http://l.yimg.com/bt/api/res/1.2/bAcys7WezP343R.jz6mLIQ–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2012-04-16T161857Z_1_AJOE83F19BM00_RTROPTP_2_OZABS-MARKETS-SAFRICA-RAND-20120416.JPG” width=”130″ height=”86″ alt=”A new five rand coin is displayed by a South African Reserve Bank worker during its launch at the So..” align=”left” title=”A new five rand coin is displayed by a South African Reserve Bank worker during its launch at the So..” border=”0″ //aJOHANNESBURG (Reuters) – South Africa’s rand weakened...
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LONDON (Reuters) – Copper hit three-month lows on Monday, staying below the psychological $8,000 per tonne level, due to Chinese demand worries and renewed fears about the euro zone economy. Nerves were fraying in wider markets as rising concerns on Spain’s budget deficit sent safe-haven German bond prices to record highs and Spanish 10-year...
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TOKYO (Reuters) – The euro slumped on Monday, hitting a one-month low against the dollar and 1-1/2 year nadir against the British pound as soaring bond yields in Spain rekindled worries about the fragile state of the euro zone economy. Broad risk-averse sentiment in financial markets also hurt commodity currencies such as the Australian...
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An affidavit filed Monday says 19-year-old Jake England confessed to shooting three people and 32-year-old Alvin Watts confessed to shooting two. The shootings early Friday morning left three people dead and two seriously wounded. » E-Mail This » Add to Del.icio.us
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pa href=”http://news.yahoo.com/asian-stock-markets-fall-us-hiring-slows-084159950.html”img src=”http://l.yimg.com/bt/api/res/1.2/c8b.XmgzQ9AXWU6VvzEt8w–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/1aa2341210b5500a0c0f6a706700ce74.jpg” width=”130″ height=”86″ alt=”A man walks by an electronic stock board of a securities firm in Tokyo indicating Tokyo’s Nikkei 225 index lost 142.19 points, or 1.47 percent at 9,546.26 Monday, April 9, 2012. Asian stock markets declined Monday after U.S. hiring slowed in March, raising doubts about the durability of the...
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JOHANNESBURG (Reuters) – South Africa’s rand firmed slightly along with other commodity currencies against the dollar on Monday, as positive Chinese factory data put an ease to fears of a hard landing for world’s second-biggest economy. The rand was trading at 7.6403 to the dollar at 0613 GMT, 0.18 percent firmer than Friday’s close...
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Japanese manufacturers remain gloomy over high oil prices, the strong yen and weaker growth in Asia, according to a quarterly central bank survey released Monday that defied expectations that business confidence is improving in the world’s third-largest economy.
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Capt. Pedro Giachino was the first to die in his country’s failed invasion of the Falkland Islands, which was 30 years ago Monday. An iconic figure of sacrifice, his reputation has been marred since human rights groups discovered Giachino was a henchman in Argentina’s brutal military dictatorship. » E-Mail This » Add to Del.icio.us
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Kansas will face Kentucky in the title game Monday night after beating Ohio State 64-62. Kentucky beat in-state rival Louisville earlier Saturday night 69-61. » E-Mail This » Add to Del.icio.us
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