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Ceridian Fuel Index Down 1.7% from December, Down 2.2% from Year Ago; Delay in Trucking Activity or Global Trade Slowdown?

Posted in Hot News on 14th February 2012

In a video, Ed Leamer, Chief PCI® economist hypothesizes "delay in trucking activity". Chief PCI® economist, Ed Leamer, explains the disappointing month-over-month and year-above-year numbers for the January PCI in the encounter of other indicators that propose that the economic climate is turning close to. In this month’s report, Ed explores a number of hypotheses for ...

After “lemming” exodus, manufacturers look to U.S.

Posted in Economy on 14th February 2012
A pedestrian walks past the Boeing World Headquarters office building in Chicago April 26, 2006. REUTERS/Joshua Lott

A pedestrian walks past the Boeing World Headquarters office building in Chicago April 26, 2006. Credit: Reuters/Joshua Lott By Scott Malone WASHINGTON | Mon Feb 13, 2012 11:58am EST WASHINGTON (Reuters) - Big manufacturers moved their production out of the country too quickly over the past decades and now see a competitive advantage in building up their footprints back ...

Cracks in Agreement in Greece, Finland, Germany, France; Of Duct Tape, Glue, Rubber Bands

Posted in Hot News on 13th February 2012

The most up-to-date Greek deal is unraveling in numerous spots currently. The EMU would like to hold it with each other but cannot. Cracks are broad, deep, and widening.Greek Celebration Leader May well Seek to Renegotiate TermsSocial unrest harms hopes of Greek reform Sunday’s explosion of street violence in Athens underlines the danger that political disorder ...

Fed minutes to clarify extent of discord on easing

Posted in Economy on 13th February 2012
U.S. Federal Reserve Chairman Ben Bernanke testifies before a Senate Budget Committee hearing on the outlook for the U.S. Monetary and Fiscal Policy on Capitol Hill in Washington, February 7, 2012. REUTERS/Jason Reed

U.S. Federal Reserve Chairman Ben Bernanke testifies before a Senate Budget Committee hearing on the outlook for the U.S. Monetary and Fiscal Policy on Capitol Hill in Washington, February 7, 2012. Credit: Reuters/Jason Reed By Pedro Nicolaci da Costa WASHINGTON | Sun Feb 12, 2012 11:54am EST WASHINGTON (Reuters) - A number of top Federal Reserve officials likely saw ...

China Instructs Banks to Roll Over $1.7 Trillion in Debt to Avoid Mass Default

Posted in Hot News on 12th February 2012

A few years ago regional Chinese municipalities had minor debt. These days they have a $ one.seven trillion mountain of it, almost all of it financing economically non-viable projects in the name of "stimulus".The proposed "resolution" of course is to roll the debt more than, whilst adding even now far more to the debt ...

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