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Financial News
The real low down on world finance
Curated by Roger Ellman
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North and south

North and south | Financial News | Scoop.it
STRICKEN by fears of a looming Greek exit, the euro zone has at least dodged a double-dip recession. Yet GDP stagnated in the first quarter, after a fall late last year.
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Exodus, chapter 1

Exodus, chapter 1 | Financial News | Scoop.it
THE odds of a Greek exit from the euro shorten by the day. An inconclusive result to a first election on May 6th has led to a caretaker government, and the scheduling of another poll in mid-June.
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Exodus, chapter 1

Exodus, chapter 1 | Financial News | Scoop.it
THE odds of a Greek exit from the euro shorten by the day. An inconclusive result to a first election on May 6th has led to a caretaker government, and the scheduling of another poll in mid-June.
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Bank of America offering forgiveness to 200K borrowers - Charlotte Business Journal

Bank of America offering forgiveness to 200K borrowers - Charlotte Business Journal | Financial News | Scoop.it
Bank of America is following through on its agreement with prosecutors.
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Wall Street Rant: 20 Largest Private Companies in the U.S.

Wall Street Rant: 20 Largest Private Companies in the U.S. | Financial News | Scoop.it
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How Can Non Profits Possibly Succeed in the Current Economic Turmoil?

All things considered...!

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David Stockman on Crony Capitalism

David Stockman on Crony Capitalism | Financial News | Scoop.it
David Stockman on Crony Capitalism (David Stockman on Crony Capitalism http://t.co/OeqxPgtq #Obama #Mitt #Bush What's the difference?
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And The Winner Of Business Insider's Caption Contest Is ...

And The Winner Of Business Insider's Caption Contest Is ... | Financial News | Scoop.it
Last week, we put out a call to Business Insider readers to submit their wittiest captions for this ad for Top Cuts. Vying for a $50 prize from Amazon.com and the honor of being dubbed BI's wittiest reader, you sent in captions by ...
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Wall Street Rant: Sheila Bair's Humorous & Sadly Ironic Rant

Wall Street Rant: Sheila Bair's Humorous & Sadly Ironic Rant | Financial News | Scoop.it

Amusant mes enfants....

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Traditional Media Loses Consumer Trust, While Social Influence and Personal Recommendations Win: Nielsen Reports

Traditional Media Loses Consumer Trust, While Social Influence and Personal Recommendations Win: Nielsen Reports | Financial News | Scoop.it

From the article intro: "Word-of-mouth recommendations and reviews, either from someone they know or a stranger’s opinions online, are the most trusted sources of information for buying decisions, according to the latest Nielsen’s latest Global Trust in Advertising report.

 

The findings speak highly for information gathered through social media or other forms of user-generated content."

 

Check this for example: "...though traditional paid media still are trusted by a great number of consumers, their influence is on the decline.

 

Nearly half of consumers around the world say the trust ads on TV (47%), in magazines (47%) and in newspapers (46%), but those numbers dropped by 24%, 20% and 25% respectively, in a relatively short period of time — between 2009 and 2011."

 

Informative. 8/10

 

Full article: http://marketingland.com/nielsen-consumer-trust-in-traditional-media-ads-fall-while-confidence-in-mobile-social-and-online-rise-9712


Via Robin Good
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Final Results Of Greek CDS Auction: 21.5% Final Settlement Price

If I borrow 100 bars of gold and only pay back 99 is it a default?

If I borrow 100 bars of gold and pay back 21.5 is it a default?

The suject is getting tedious but if we want to be studious we must see the insidious.

Rhetorical rymes.


Via kostasgeorgioy
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Vietnam: anyone for state-owned debt? - Financial Times (blog)

Vietnam: anyone for state-owned debt? - Financial Times (blog) | Financial News | Scoop.it
Vietnam: anyone for state-owned debt?Financial Times (blog)State media have reported that Vietinbank, which is 10 percent owned by the International Finance Corporation, the World Bank's private sector arm, is looking to raise up to $500m through ...
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Merkel Leaves Door Open to Combining Euro-Area Bailout Funds - Bloomberg

Merkel Leaves Door Open to Combining Euro-Area Bailout Funds - Bloomberg | Financial News | Scoop.it

These stories are something to keep up with at the moment...from time to time. But the clouded wording, the default-is-not-default moves, the delays, the fear, the agendas....don't rely on one article and read between the words. Impossible! It may well be - but ask if any utterances relating to Euro and Europe, to deficits and default have credibility in relation to previous utterances. Strange times as usual.

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Fiddling while Athens burns

Fiddling while Athens burns | Financial News | Scoop.it
PITY Karolos Papoulias, the 82-year-old president who has been trying to persuade Greece’s fractious political leaders to form a national-unity government after the election on May 6th failed to produce a...
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The Greek run

The Greek run | Financial News | Scoop.it
“GREXIT” is an ugly term for what may soon become an even uglier reality: Greece’s departure from the euro zone.
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Europe’s great exception

Europe’s great exception | Financial News | Scoop.it
ON THE roof, where staff can smoke as well as work, is a big chess set. The names of meeting rooms are in the Cyrillic alphabet. Two sides of the courtyard are a building site of five hollow storeys.
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Spain, Greece, and Portugal Should Quit the euro. It’s the only way to save their doomed economies.

Spain, Greece, and Portugal Should Quit the euro. It’s the only way to save their doomed economies. | Financial News | Scoop.it
Spain is in a complete economic crisis. Its unemployment rate of 24.4 percent is higher than the U.S. unemployment rate during the worst of the Great Depression. And there’s no Spanish New Deal waiting around the corner to turn things around.

Via Euro Zone, kostasgeorgioy
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Greek community's alternative currency

Greek community's alternative currency | Financial News | Scoop.it
A small community in Greece adopts a bartering system as an alternative way to purchase goods amidst the financial crisis gripping the country.
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Rewriting the Rules of the Global Economy - Creating Economics That Improve People\'s Lives

Rewriting the Rules of the Global Economy - Creating Economics That Improve People\'s Lives | Financial News | Scoop.it

Worth a look - you gotta know it all to know anything!!

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How to spot tech's winners and losers - MarketWatch

How to spot tech's winners and losers - MarketWatch | Financial News | Scoop.it
How to spot tech's winners and losersMarketWatchBy MarketWatch It's called creative destruction, the very engine of capitalism, and nowhere does it operate with more ruthless efficiency than in technology.
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Malaysian Group Promotes Use of Physical Gold & Silver ...

Malaysian Group Promotes Use of Physical Gold & Silver ... | Financial News | Scoop.it
To date, the Kelantan Gold Trade (by the Kelantan government, one of 14 states in Malaysia) have sold hundred millions USD worth of gold dinars and silver dirhams. Furthermore, we can proudly say that we have over 2000 ...
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Breakthrough in Quantum Communication

Breakthrough in Quantum Communication | Financial News | Scoop.it

A team of scientists at the MPQ realizes a first elementary quantum network based on interfaces between single atoms and photons...

 

EXCITING - THRILLING and I'M GOING to THANK YOU on THANKLY.net !


Via Sakis Koukouvis
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anjoyplanet's comment, April 14, 2012 3:35 AM
Fantastic !!!
In the same time , this news :
http://www.sciencenewsline.com/physics/2012040519440010.html
Similar ?
Sakis Koukouvis's comment, April 14, 2012 6:39 AM
Yes, it is the same news. Very important experiment
anjoyplanet's comment, April 14, 2012 10:17 AM
YES !!! The love story between ATOM ans PHOTON is begining...
Another link :
http://www.nature.com/nature/journal/v484/n7393/full/nature11023.html
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Turnover is Vanity, Profit is Sanity…

Turnover is Vanity, Profit is Sanity… | Financial News | Scoop.it

The phrase turnover is vanity, profit is sanity came to mind last week while writing the essential finance chapter of my new Double Your Business book.


Stephen, the owner of a CCTV business asked for my help with getting more sales.

 

When I visited them, they had a big office and a number of staff. The business had grown to a decent size turnover but they were making practically no profit at all.

 

I realised then that their biggest problem was not sales, but management. We sat down and spent just a couple of minutes looking at their annual accounts.


Via Fatima Patova
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Bring Them Back - English Version www.bringthemback.org

If the key information, the facts, presented here are in order...complete and corrcet, then the Acropolis Museum looks like the correct home for the marbles.

 

Of course are we all perhaps afraid this may set a precedent? Well even so each case must be examined considering its own merits and demerits.

 

The video is entertaining and informative whilst it is also an appeal. A good combination - a good lesson in marketing as a bonus.


Via kostasgeorgioy
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Profit-taking leaves Asian rally on pause - Financial Times

Profit-taking leaves Asian rally on pause - Financial Times | Financial News | Scoop.it
Profit-taking leaves Asian rally on pauseFinancial TimesBy Song Jung-a in Seoul Asian shares took a breather as investors pocketed profits from the recent rally, but Tokyo's rebound continued even though the advance was limited by a slightly...
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